HPLC Systems & Accessories Market

HPLC Systems and Accessories Market - An Overview

The global High-Performance Liquid Chromatography (HPLC) systems and accessories market is expected to witness strong growth during the forecast period between 2021 and 2031.

HPLC systems are primarily deployed in laboratories to perform high-performance chromatography processes. They are generally used to separate complex products, based on size, shape, and charge properties. HPLC systems comprise several components such as a high-pressure pump, solvent, columns, detector, injector system, and waste reservoir.

Some of the industries that deploy HPLC systems and accessories include water purification, food and beverages, and pharmaceutical.

HPLC techniques have gained acceptance over the years as the standard instrumentation for examining the validity and specificity of drug analytes.

The COVID-19 pandemic adversely affected the overall HPLC systems and accessories market. With governments imposing lockdowns and strict social distancing norms, laboratories worldwide were forced to shut down temporarily or permanently.

However, with the availability of vaccines and reduction in cases, laboratories are expected to start operations in close to full capacity, leading to an increase in demand for HPLC systems and accessories. 

HPLC Systems and Accessories Market - Trends and Opportunities

Rising deployment of HPLC systems and accessories in biological research is the key growth driver for the global HPLC systems and accessories market.

Also, increasing number of pharmaceutical and biopharmaceutical companies worldwide is anticipated to bolster the HPLC systems and accessories market, in the coming years.

Government support and measures promoting the deployment of HPLC systems and accessories are expected to fuel the product demand, in the years ahead.

The consumable product segment is expected to make the largest contribution to the overall HPLC systems and accessories market owing to the increasing acceptance of HPLC systems in the drug approval process.

The clinical research application segment is anticipated to contribute the most to the overall HPLC systems and accessories market due to rising pharmaceutical and biopharmaceutical research and a growing need for clinical trials.

HPLC Systems and Accessories Market - Competitive Landscape

The global HPLC systems market is extremely competitive, many of whom are expected to account for a large share in the overall market, in future.

Research and development activities are expected to be a key growth strategy for prominent players in the HPLC systems and accessories market. These players could establish R&D centers, which would function exclusively in different parts of the world, in a bid to produce improved quality of products.

The smaller players in the HPLC systems and accessories market will seek funding from governments, which would help in their long-term growth.

Some of the leading players in the HPLC systems and accessories market include Hitachi High Technologies America Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., JASCO Corporation, and Thermo Fisher Scientific.

HPLC Systems and Accessories Market - Regional Assessment

The global HPLC systems and accessories market is divided into five regions, namely, North America, Asia Pacific, Europe, Latin America, and Middle East and Africa.

Asia Pacific is expected to be the dominant region in the global HPLC systems and accessories market owing to development in biomedical and restoration research in countries such as Japan and growing pharmaceutical industry in developing economies such as India.

North America is anticipated to witness substantial growth in the HPLC systems and accessories market due to the presence of leading players in countries such as the U.S and Canada.

Europe is expected to witness strong growth in the global HPLC systems and accessories market owing to extensive research and development activities in countries such as Germany and UK.

Other regions such as Latin America and Middle East and Africa are expected to witness moderate growth in the HPLC systems and accessories market, in future.