What is High-performance Liquid Chromatography (HPLC) - Global Market?
High-performance Liquid Chromatography (HPLC) is a technique in analytical chemistry that is used to separate, identify, and quantify each component in a mixture. It relies on pumps to pass a pressurized liquid solvent containing the sample mixture through a column filled with a solid adsorbent material. Each component in the sample interacts slightly differently with the adsorbent material, causing different flow rates for the different components and leading to the separation of the components as they flow out of the column. The global HPLC market is a significant one, with its value standing at US$ 3309.2 million in 2022. The market is expected to grow at a steady pace, reaching an estimated value of US$ 4164.9 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period of 2023-2029.
UVS, FD, RID, ED, CD in the High-performance Liquid Chromatography (HPLC) - Global Market:
The HPLC market is segmented based on the type of detector used in the chromatography process. These include Ultraviolet-visible (UVS), Fluorescence Detector (FD), Refractive Index Detector (RID), Electrochemical Detector (ED), and Circular Dichroism (CD). Each of these detectors has its unique applications and advantages. For instance, UVS is widely used due to its sensitivity and selectivity for compounds that absorb UV or visible light. FD is used for compounds that fluoresce, while RID is used for compounds that change the refractive index of the solvent. ED is used for compounds that can be oxidized or reduced electrically, and CD is used for chiral compounds. The market share of these detectors varies, with some being more popular than others due to their specific applications.
Pharmacy, Biotechnology, CROs, Academia, Chemicals, Others in the High-performance Liquid Chromatography (HPLC) - Global Market:
High-performance Liquid Chromatography (HPLC) has a wide range of applications in various sectors such as Pharmacy, Biotechnology, Contract Research Organizations (CROs), Academia, Chemicals, among others. In the pharmaceutical industry, HPLC is used for the analysis of drug products, substances, impurities, and stability testing. In biotechnology, it is used for the separation and purification of biological samples. CROs use HPLC for various research purposes, including drug discovery and development. In academia, HPLC is used for teaching and research purposes. In the chemical industry, it is used for the analysis of various chemical compounds. Other sectors also use HPLC for various purposes, contributing to the overall growth of the HPLC market.
High-performance Liquid Chromatography (HPLC) - Global Market Outlook:
The global High-performance Liquid Chromatography (HPLC) market outlook is quite promising. In 2022, the market was valued at US$ 3309.2 million and is projected to reach US$ 4164.9 million by 2029. This indicates a steady growth rate of 3.3% during the forecast period of 2023-2029. The European Union (EU) holds the largest market share, accounting for about 34% of the global market. The top three companies in the HPLC market hold about 66% of the market share, indicating a high level of market concentration. This data provides a snapshot of the current market scenario and gives an idea of the potential growth prospects of the HPLC market.
| Report Metric | Details |
| Report Name | High-performance Liquid Chromatography (HPLC) - Market |
| Forecasted market size in 2029 | US$ 4164.9 million |
| CAGR | 3.3% |
| Forecasted years | 2023 - 2029 |
| Global High-performance Liquid Chromatography (HPLC) market, by region: |
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| Global High-performance Liquid Chromatography (HPLC) market, Segment by Type: |
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| Global High-performance Liquid Chromatography (HPLC) market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
