ID: MRFR/HC/9235-HCR | February 2023 | Region: Global | 120 Pages
The 2D chromatography market is expected to cross USD 55.40 million by 2027 at a CAGR of 7.4%.
$55.40 million
7.4%
Asia Pacific
2022-2030
The 2D chromatography market is expected to cross USD 55.40 million by 2027 at a CAGR of 7.4%.
Market Overview:
Two-dimensional or 2D chromatography is a chromatographic technique that separates two complex mixtures through two independent separation stages. The complex mixture from the first system is transmitted to the second column through two chromatographic columns connected in series. Various manufacturers provide 2D chromatography across the world. For instance, Agilent Technologies, Inc. (US) 1290 Infinity II 2D-LC System is marketed globally. This product is used to separate complex mixtures and achieve the highest peak capacity. In addition, it is also used to analyze samples qualitatively or quantitatively with the performance and robustness of the product.
The 2D chromatography market is expected to rise significantly in the forecast period, owing to factors such as growing R&D investments by pharmaceutical & biopharmaceutical companies, rising life science research, and growing applications of 2D chromatography in various sectors such as life science, food industry, petrochemical, and others. Furthermore, collaborations between research laboratories and 2D chromatography manufacturers are anticipated to offer significant growth opportunities in the market during the assessment period.
COVID-19 Analysis
Over the forecast period, the increasing use of chromatography in drug development and research is expected to have an impact on market growth. Researchers use chromatography, a powerful laboratory-based analytical method, to better understand the Sars-CoV-2 virus and develop new medicines, vaccines, and diagnostic tools to fight against the COVID-19 pandemic. According to the WHO, more than 288 COVID-19 vaccines are being researched, with an estimated 184 vaccines currently being investigated in pre-clinical stages and 104 vaccines in various stages of clinical trials as of July 2021. According to the WHO Coronavirus (COVID-19) dashboard, there have been 224.5 million confirmed cases of COVID-19 and a total of 5,530 million vaccine doses administered as of 13th September 2021. Hence, the rising number of administration of doses and a large number of confirmed cases will increase the demand for 2D chromatography to develop effective vaccines during the forecast period.
Market Dynamics
Drivers
Petrochemical & Natural Gas Analysis
Biotechnology & Pharmaceutical Industries
Report Attribute/Metric | Details |
---|---|
Market Size | 2027: USD 55.40 Million |
CAGR | 7.4% |
Base Year | 2020 |
Forecast Period | 2021-2027 |
Historical Data | 2018-2019 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product, Application, and End User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | • Agilent Technologies, Inc. (US) • LECO Corporation (US) • Waters Corporation (US) • Shimadzu Corporation (Japan) • Restek Corporation (US) • Sepsolve Analytical Ltd (UK) • Merck KGaA (Germany) • Danaher Corporation (US) • Bio-Rad Laboratories, Inc. (US) • Thermo Fisher Scientific (US) |
Key Market Opportunities | • Increasing applications of 2D chromatography techniques |
Key Market Drivers | • Rising R&D activities by biopharmaceutical and pharmaceutical companies • Growing concerns over pollution and pollutants |
The 2D chromatography market is projected to reach USD 55.40 million by 2027 at a CAGR of 7.4%
Agilent Technologies, Inc. (US), LECO Corporation (US), Waters Corporation (US), Shimadzu Corporation (Japan), Restek Corporation (US), Sepsolve Analytical Ltd (UK), Merck KGaA (Germany), Danaher Corporation (US), Bio-Rad Laboratories, Inc. (US), and Thermo Fisher Scientific (US) are the key players in the market of 2d chromatography
North America is predicted to lead the market of 2d chromatography
Rising R&D activities by biopharmaceutical and pharmaceutical companies are the major market driver of 2d chromatography
Shortage of skilled professionals in operating the equipment may limit the market growth of 2d chromatography