Chromatography Accessories and Consumables Market Revenue to Cross USD 20 billion by 2035 | Roots Analysis

Published: December 2023


According to a recently published report by Roots Analysis, the growing increasing research and development of new drugs and biologics is driving the chromatography accessories and consumables market growth.

Chromatography Accessories and Consumables Industry Overview

The global chromatography accessories and consumables market is anticipated to grow at a CAGR of 5.57% from 2023-2035, reaching USD 20 billion by 2035.

Chromatography serves as an analytical method employed to separate, identify, and purify components within a mixture. Widely utilized across diverse industries, including pharmaceuticals, biotechnology, chemicals, environmental sciences, food, and petrochemicals, this technique finds applications in various processes. Within the pharmaceutical sector, there has been a notable surge in the demand for chromatography systems and consumables, such as chromatography resin and packed columns. This rise is attributed to the need for qualitative and quantitative analysis of complex samples, translational research, large-scale studies, precision medicine, virus research, and the development of vaccines. Moreover, the global market for chromatography accessories and consumables experienced growth spurred by the COVID-19 pandemic. The increased adoption of chromatography in drug development processes and diagnostics further contributed to the expansion of this market.

Browse 210+ figures and 195+ market data tables spread across 105+ pages and detailed Table of Content on “Chromatography Accessories and Consumables Market  by Type of Product, Type of Chromatography Instruments, Type of Consumable Formats, End Users and Key Geographical Regions: Industry Trends and Global Forecasts, 2023-2035” here: https://www.rootsanalysis.com/reports/chromatography-consumables-market.html

Market Drivers

Several factors are propelling the growth of the chromatography accessories and consumables market. One such factor is increasing investments in the pharmaceutical and life science research industry. These industries has long focused on finding new ways to develop and launch new and innovative molecules for making processes and materials more efficient in order to cater to growing needs of health care sector. This has led to the rise in the demand for specific chromatography consumables and instruments for separation and purification of different analytes. Additionally, owing to the increasing research activities and the exponential rise in the patent filings, the demand for chromatography instruments and consumables is also expected to witness a significant rise.

Market Restraints

While the chromatography accessories and consumables market is experiencing substantial growth, it is not without its challenges. One of the primary restraints is the high operating cost associated with chromatography instruments. The high operating cost of chromatography instruments, which includes consumables, solvents and maintenance of instruments, presents the financial burden for both small industry and research institutions. There is an urgent need to find cost-efficient solutions to overcome this challenge. Additionally, concerns about adequate technical support also came up as a technical challenge, which is likely to hinder chromatography accessories and consumables market growth in the coming years.

Growth Factors

Despite the challenges, several growth factors continue to drive the chromatography accessories and consumables market forward. One notable factor is the increasing research and development of new drugs and biologics. Given the increasing demand for analytical solutions across various industries, there is a growing demand for cost effective and user-friendly application specific columns for the detection, separation and purification of different analytes. It is interesting to note that there is large number of innovative patents has been filed in the recent years related to liquid chromatography, gas chromatography, and gel permeation chromatography systems which reflects the growing interest in this market. Given by the ongoing pace of innovation and increasing interest in the discovery and development of new entities, the chromatography accessories and consumables market is anticipated to grow at a steady pace in the coming years.

Chromatography Accessories and Consumables Market Segments

Based on the type of product, the market is segmented into chromatography instruments, consumables and other accessories.

  • The chromatography instrumentation segment led the chromatography accessories and consumables market, capturing the largest revenue share of more than 70% in 2023.
  • The chromatography consumables segment is anticipated to show the highest growth potential during the forecast period of over 6% annually.

Based on the type of instrument, the market is segmented into Liquid Chromatography, Gas Chromatography and Other Instruments.

  • The liquid chromatography instruments segment led the chromatography accessories and consumables market, capturing the largest revenue share of more than 50.0% in 2023.
  • This is attributed to the rise in research activities due to COVID-19 pandemic, which has led to an increased demand for liquid chromatography techniques in the pharma / biotech industry and the segment is anticipated grow at a higher CAGR during the forecast period of close to 6% annually.

Based on the type of consumable formats, the market is segmented into bottle / bulk resins, pre-packed columns and Other Formats.

  • The bottle / bulk resins segment led the chromatography accessories and consumables market, capturing the largest revenue share of more than 45.0% in 2023.
  • The pre-packed columns segment is anticipated to show the highest growth potential during the forecast period of more than 7% annually.

Based on the type of end user, the market is segmented into Pharmaceutical / Biopharmaceutical Companies, Academic / Research Institutes and Other Industries.

  • Pharmaceutical / biopharmaceutical companies segment led the chromatography accessories and consumables market, capturing the largest revenue share of close to 50% in 2023.
  • This is attributed to the growing focus on the advancement of new entities and biologics for the treatment of different life-threatening disorders and diseases and the segment is anticipated to grow at a higher CAGR during the forecast period of over 7% annually.

Based on the Regional Insights, the market is segmented into North America, Europe, Asia Pacific and Rest of the World

  • North America dominated the chromatography accessories and consumables market and accounted for the largest revenue share of close to 45% in 2023.
  • In Asia Pacific, the market is anticipated to demonstrate lucrative growth during the forecast period.

Key Companies Profiled

The chromatography accessories and consumables market report also includes detailed profiles of key players (listed below) that offer chromatography consumables, chromatography instruments and other accessories:

  • Agilent Technologies
  • Bio-Rad Laboratories
  • PerkinElmer
  • Sartorius
  • Shimadzu
  • Thermo Fisher Scientific

You Can Download Free Sample PDF Copy Of This Report At:
https://www.rootsanalysis.com/reports/chromatography-consumables-market/request-sample.html

About Roots Analysis

Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serve our clients in the best possible way.

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