The global chromatographic market will exceed US$7.6 billion in the future

According to a recent report released by MarketsandMarkets, a market consultancy, the global chromatographic reagent market was estimated to reach US$4.598 billion in 2013 and jump to US$7.609 billion in 2018, with a compound annual growth rate of 10.6%.

Currently, North America is the world's largest market for chromatographic reagents; the large-scale North American chromatographic reagent market has benefited from related research activities, including the development of drugs and biological agents, the increase in the number of seminars, and the growth of government investment.

In addition, chromatographic meetings in Singapore and Malaysia have continued to increase; chromatographic companies in China, India, Singapore, Vietnam, and Japan have continued to expand; leading pharmaceutical companies have outsourced their drug discovery and development services to Asia (especially China and India); These are the key factors that drive the rapid growth in the demand for separation services and chromatographic reagents in Asia.

Currently active in the global chromatographic reagent market include Agilent, Thermo Fisher, Waters, EMD Millipore, Life Technologies, Sigma-Aldrich, Bio-Rad, GE Healthcare, VWR, Becton, Pall and others.

The end users of chromatographic reagents are concentrated in the pharmaceutical industry, biopharmaceuticals & biotechnology industry, schools/government units/research institutes, food and beverage industries, hospitals/clinics, cosmetics industry, environmental protection agencies, and health care products companies.