The value of the Chiral Chromatography Columns market is projected to grow to USD 97.88 MILLION with an estimated CAGR of 5.90 % by 2028
The global chiral chromatography columns market was valued at USD 90.5 million in 2020 and is expected to grow at a CAGR of 5.8% over the forecast period. Growing research and development activities by major pharmaceutical and biotech companies across the globe are key factors driving the growth of the global chiral chromatography software columns market.
The global chiral chromatography columns market is categorized based on type, application, and end-user. Region wise, North America was the largest market in 2020; however, Asia Pacific is expected to be the fastest growing region by 2028, with a CAGR of over 7%. Key players serving the global chiral chromatography columns market include Daicel Corporation, Merck KGaA, Phenomenex Inc., Shimadzu Corporation, Thermo Fisher Scientific, Inc., Agilent Technologies, Waters Corporation, GL SCIENCES, INC., Hichrom Limited, Daicel Corporation0 among other prominent players.
Chiral Chromatography Columns Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2028 |
Study Period | 2018-2028 |
Forecast Unit | Value (USD) |
Revenue forecast in 2028 | USD 97.88 MILLION |
Growth Rate | CAGR of 5.90% during 2018-2028 |
Segment Covered | By Product Type, Application, End-User, Region |
Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
Key Players Profiled | gilent Technologies, Thermo Fisher Scientific, Waters Corporation, Daicel Corporation, Bio-Rad Laboratories, W.R.Grace& Co., Merk Group, GL Sciencies, Perkin Elmer, Shimadzu Corporation, Sartorious Group, Cytiva, ES Industries, Phenomenex., and others |
Key segments of the global chiral chromatography columns market
Type Overview, (USD Million)
- Pre-Packed Column
- Empty Column
Application Overview, (USD Million)
- Gas Chromatography (GC)
- Liquid Chromatography (LC)
- Thin-layer chromatography (TLC)
- Supercritical Fluid Chromatography (SFC)
End-User Overview, (USD Million)
- Pharmaceutical and Biotechnology Companies
- Hospital/Clinics
- Food & beverages Industry
- Others
Regional Overview, (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East and Africa
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global Chiral Chromatography Columns industry
- The overall segmentation of chiral chromatography columns market, especially key segments are thoroughly studied.
- Presence of major players and their wide product portfolio across developed countries is anticipated to further boost the growth of chiral chromatography columns market
What does the report include?
- The study on the global chiral chromatography columns market includes analysis of qualitative market indicators such as drivers, restraints, challenges, and opportunities
- Additionally, the market competition has been evaluated using the Porter’s five forces analysis
- The study covers qualitative and quantitative analysis of the market segmented on the basis of applications, product, technology, and end user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the considered segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global chiral chromatography columns market is suitable for all the players across the value chain including raw material suppliers, chiral chromatography columns providers, pharmaceutical and medical device manufacturers, distributors, suppliers, and retailers
- Venture capitalists and investors looking for more information on the future outlook of the global chiral chromatography columns market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global chiral chromatography columns market
Frequently Asked Questions (FAQ) :
The COVID-19 pandemic has accelerated drug development and testing thus putting additional strain on pharmaceutical companies and clinical laboratories. Even though the COVID-19 pandemic is still transforming the growth of various industries, the outbreak's immediate impact is still varied. While some sectors will see a decrease in demand, many others will stay steady and demonstrate growth prospects.
The market for chiral chromatography columns has grown significantly over the years; however, due to the unanticipated COVID-19 outbreak, the market is expected to grow even more in 2021, owing to the growing use of chromatography techniques in drug approval. Furthermore, market growth will be aided by technological advancements and the growing importance of chromatography in hospital laboratories, forensic laboratories, and pharmaceutical companies over the forecast period. Furthermore, higher government spending, financing, and subsidies have prompted the pharmaceutical and biotechnology industries to adopt the advanced chromatographic system, which is driving business development.
North America dominated the global chiral chromatography columns market accounting for over 30% of the overall in 2020. The demand for chiral chromatography columns in North America is rising due to a variety of reasons, including expanded drug discovery efforts, government support for life science R&D, high acceptance of technologically innovative technologies, and a significant number of ongoing clinical research trials.
The global chiral chromatography columns market has been segmented based on type, application, and end-user. Based on type, the global chiral chromatography columns market is segmented into pre-packed column and empty column. The stationary phase is prefilled in prepacked/ready-to-use columns, which can be directly connected to chromatographic systems. The essence of prepacked columns is that they have limited differences and are identical. These columns are used to optimize column packing in early method growth. Due to their ability to run vast numbers of samples on a regular basis, these columns are commonly used in industries. As a result, prepacked columns dominate the market for chiral chromatography columns. Chromatography columns are important for successfully separating valuable molecules. The pharmaceutical & biotech firms across the globe are expanding their offering of regular, custom, and prepacked columns which is anticipated to fuel global chiral chromatography columns market over the forecast period.
Based on regions, the global chiral chromatography columns market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. During the forecast period, Asia Pacific is projected to witness highest growth rate. The chiral chromatography columns market in the Asia Pacific region is being driven by factors such as strategic expansions by key players in China, growth in biomedical & medical research, and government initiatives supporting the growth of the pharmaceutical industry in India. Furthermore, the latest COVID-19 outbreak in the area has resulted in an expanded patient pool, resulting in an increase in R&D activities. As a result of increased investments in drug discovery, the chiral chromatography columns market in the APAC region is expected to expand.