Segments - Chromatography Accessories & Consumables Market by Product (Pressure Regulators, Columns, Fraction Collection, Column Accessories & Consumables, Mobile Phase Accessories & Consumables, Autosamplers, Detectors, Autosampler Accessories & Consumables, Chromatography Fittings & Tubing, Flow Management Accessories & Consumables, and Others), Technology (Gas Chromatography, Liquid Chromatography, and Others), End-user (Environmental Agencies, Hospital Laboratories, Hospitals & Clinics, Pharmaceutical & Biotechnology Industry, Food & Beverages, Oil & Gas Industry, Academic & Research Institutes, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global chromatography accessories & consumables market size was valued at USD 4.1 Billion in 2023 and is likely to reach USD 6.5 Billion by 2031, expanding at a CAGR of 5.2% during 2023 – 2031. The growth of the market is attributed rising demand for chromatography solutions across various sectors.
Growing investment in pharmaceutical research and development (R&D) is resulting demand increasing demand for chromatography instruments which further boosts the chromatography accessions and consumables market. Pharmaceutical companies are continuously expanding their research and development to cater need of new drugs, treatments, and therapies. Chromatography tools, including accessories and consumables are important for assessing the purity and composition of these pharmaceutical products.
According to the report published on October 6, 2023, pharmaceutical companies spent $USD 244 billion on research and development worldwide in 2022.
Chromatography accessories and consumables are a set of essential tools and supplies used in chromatographic techniques. They are widely employed in chemical analysis and separation processes. These accessories include items such as columns, syringes, vials, filters, and various components that are indispensable in chromatography experiments. Additionally, the primary purpose of these accessories is to facilitate and optimize the chromatographic procedure.
The research reports find that the COVID-19 pandemic boosted the market. The increased need for accurate and reliable testing methods for virus diagnostics and research fueled the demand for chromatography accessories. These tools are instrumental in analyzing samples, including vaccines and therapeutics.
Emergence of artificial intelligence is expected to propel the market. AI is being integrated into chromatography instruments to optimize data analysis, swiftly identifying and quantifying compounds within a sample. Additionally, these technologies are also enhancing the predictive maintenance of chromatography equipment helping to minimize downtime and preventing unexpected failures.
Rise in drug development and research efforts is expected to drive the market during the forecast period. Companies and research institutes are continuously focusing on innovating safe and effective drug treatments to cater to growing needs. This necessitates a consistent demand for high-quality chromatography accessories to meet rigorous regulatory standards.
According to a report published by the Congressional Budget Office in April 2021, around 38 new drugs were approved each year from 2010 to 2019. This represents a 60% increase compared to the previous decade.
High initial and operational cost of chromatography equipment is expected to hinder the market. The cost of acquiring and maintaining advanced instruments barrier for smaller laboratories and organizations with limited budgets which potentially reduces the adoption of this equipment. Moreover, the availability of alternative technology, such as spectroscopy and mass spectrometry further hamper the market growth.
Integration of automation and connectivity features in chromatography instruments is expected to create favorable opportunities for the players competing in the market. Manufacturers are utilizing these technologies to streamline processes and reduce the need for manual intervention to make chromatography technology accessible and efficient. Furthermore, the availability of customized chromatography accessories solutions to cater to specific industry needs is propelling the market growth.
The report on the market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Chromatography Accessories & Consumables Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Product (Pressure Regulators, Columns, Fraction Collection, Column Accessories & Consumables, Mobile Phase Accessories & Consumables, Autosamplers, Detectors, Autosampler Accessories & Consumables, Chromatography Fittings & Tubing, Flow Management Accessories & Consumables, and Others), Technology (Gas Chromatography, Liquid Chromatography, and Others), and End-user (Environmental Agencies, Hospital Laboratories, Hospitals & Clinics, Pharmaceutical & Biotechnology Industry, Food & Beverages, Oil & Gas Industry, Academic & Research Institutes, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Agilent Technologies, Inc; Bruker; Danaher; LECO Corporation; Merck KGaA; PerkinElmer Inc; Restek Corporation; Shimadzu Corporation; SRI Instruments; and Thermo Fisher Scientific Inc |
Based on product, the chromatography accessories & consumables market is divided into pressure regulators, columns, fraction collection, column accessories & consumables, mobile phase accessories & consumables, autosamplers, detectors, autosampler accessories & consumables, chromatography fittings & tubing, flow management accessories & consumables, and others.
The columns segment is expected to expand at a significant CAGR during the forecast period owing to its important role in the chromatography process. Columns perform the essential function of separating and purifying compounds within a sample. This separation process is foundational to chromatographic analysis.
Furthermore, the versatility of columns for specific types of chromatography, such as liquid chromatography (LC) and gas chromatography (GC) further fuels their demand.
On the basis of technology, the market is classified as gas chromatography, liquid chromatography, and others. The liquid chromatography segment is anticipated to register robust growth during the forecast period owing to their rising demand in pharmaceuticals for drug development and quality control.
Liquid chromatography is proficient in separating and analyzing a wide range of compounds, including proteins and nucleic acids. Its ability to handle this broad spectrum of compounds makes it an essential tool for these applications. Additionally, the continuous technological advancements in liquid chromatography to enhance performance are further boosting the segment growth.
In terms of end-user, the chromatography accessories & consumables market is fragmented into environmental agencies, hospital laboratories, hospitals & clinics, pharmaceutical & biotechnology industry, food & beverages, oil & gas industry, academic & research institutes, and others. The pharmaceutical & biotechnology segment is projected to register a considerable CAGR during the forecast period due to the growing production of drug substances.
Pharmaceutical industry utilizes chromatography for various stages of drug development. It is used to analyze the purity, potency, and composition of drug compounds. Moreover, the increasing number of strategic partnerships of biotechnology companies, pharmaceuticals, and contract research organizations (CRO) for research purposes further facilitates the demand for chromatography accessories and consumables.
On March 01, 2022, Thermo Fisher Scientific Inc, a manufacturer of analytical instruments, announced that it will continue its collaboration with Symphogen, a biotechnology company. The two companies are partnering to provide innovative tools and streamlined workflows to biopharmaceutical development and discovery laboratories, enabling efficient characterization of complex therapeutic proteins.
In terms of region, the global chromatography accessories & consumables market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market due to the strong presence of leading research institutions, universities, and academic centers.
These institutions actively engage in scientific research across various fields, including life sciences, chemistry, environmental science, and materials science. Chromatography is a majorly used analytical technique for these research activities which contributes to the high demand for accessories and consumables in this region.
The market in Asia Pacific is anticipated to expand at a rapid pace in the coming years due to rapidly expanding pharmaceutical and biotechnology sectors. The region's growing population and healthcare needs create a high need for innovative medicines and biopharmaceutical products. Chromatography is crucial in drug development, quality control, and biopharmaceutical research, resulting in a higher demand for chromatography accessories and consumables.
The global chromatography accessories & consumables market has been segmented on the basis of
Key players competing in the global chromatography accessories & consumables market are Agilent Technologies, Inc; Bruker; Danaher; LECO Corporation; Merck KGaA; PerkinElmer Inc; Restek Corporation; Shimadzu Corporation; SRI Instruments; and Thermo Fisher Scientific Inc
These companies are propelling their market presence by adopting various strategies such as partnerships, reduction in production costs, mergers, launching new products, and implementing advanced technologies.
On March 08, 2022, Thermo Fisher Scientific Inc, a manufacturer of analytical instruments, announced the launch of new scientific instruments for GC-mass spectrometry (GC-MS) and gas chromatography (GC).
These instruments have been updated with advanced software and hardware, and GC/GC-MS portfolio now includes the Thermo Scientific AI/AS 1610 Liquid Autosampler and Thermo Scientific TSQ 9610 Triple Quadrupole GC-MS/MS. The updated technology has improved the usability and productivity of these instruments.
In June 2022, PerkinElmer Inc, a global provider of technology and service solutions, announced the launch of the GC 2400™ Platform, which is an advanced solution for automated gas chromatography, headspace analysis, and GC/mass spectrometry.
The GC 2400™ Platform is designed to assist laboratories in simplifying their operations, achieving accurate results, and operating with flexible monitoring. This solution is particularly suited for complex applications.