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Report Highlights
Global revenues from chromatography reagents totaled nearly $4.3 billion in 2011 and $5.2 billion in 2012. Total revenues should reach $11.9 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 18%.
SCOPE OF THE STUDY
The scope of this study comprises the markets of reagents of chromatography along with various chromatography techniques. BCC analyzes each market; the different types of chromatographic techniques and reagents; the regulatory aspects; the end users of the chromatographic reagents and market projections, its market leaders and market share. The study also offers details of technological refinements including the latest trends and developments.
Analyst Credentials
Shalini Shahani Dewan focuses on pharmaceuticals and biotechnology and has been a BCC Research contributor since 2002 as both an analyst and project manager. She has explored a wide range of topics and companies, including working for Johnson & Johnson doing market surveillance. She has an undergraduate degree in pharmacy and master's degree in medicinal chemistry. She resides in the Bay Area.
Report Highlights
- The U.S. market for reagents used in chromatography was worth $2.9 billion in 2007. It is expected to reach $5.2 billion by 2012 for a compound annual growth rate (CAGR) of 12.6%.
- Gas chromatography is the fastest growing segment in terms of sales of reagents. Worth an estimated $690 million in 2007, this segment should reach $1.9 billion by 2012, for a CAGR of 22.9%.
- Pharmaceutical and biotech industries are the major consumers of chromatography reagents.
Report Highlights
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The development of new niche markets, the push by clinical testing and increased demands for routine environmental testing will spur growth in the chromatography market.
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U.S. expenditures for reagents used in chromatography are about to reach $1.5 billion in 2002 and will have an average annual growth rate (AAGR) of 11.8%.
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The gas chromatography market is growing at the fastest pace.
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High-performance liquid chromatography growth currently is being fuelled by demand from the pharmaceutical industry, especially drug devevelopment. HPLC is growing at an annual average growth rate of 7.8%.
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