High-Performance Liquid Chromatography Market By Product Type (Instruments, Detectors, Pumps), End-User (Pharmaceutical and Biotechnology Industries, Food and Beverage Industry), & Region for 2024-2031
Report ID: 38700|No. of Pages: 202
High-Performance Liquid Chromatography Market By Product Type (Instruments, Detectors, Pumps), End-User (Pharmaceutical and Biotechnology Industries, Food and Beverage Industry), & Region for 2024-2031
High-Performance Liquid Chromatography Market Valuation – 2024-2031
The high-performance liquid chromatography (HPLC) market is expanding rapidly due to its importance in a wide range of sectors. The pharmaceutical and biotechnology industries rely extensively on HPLC for drug development and quality control, while the food and beverage industry employ it to ensure safety and quality. The market size surpass USD 1.60 Billion valued in 2024 to reach a valuation of around USD 2.46 Billion by 2031.
Environmental monitoring and forensic analysis benefit from HPLC’s accuracy in detecting toxins and identifying substances. Advancements in HPLC technology, such as enhanced sensitivity and faster analysis times, together with increasing R&D activity, are driving market growth. The rising demand for cost-effective and efficient high-performance liquid chromatography is enabling the market grow at a CAGR of 5.57% from 2024 to 2031.
High-Performance Liquid Chromatography Market: Definition/ Overview
High-Performance Liquid Chromatography (HPLC) is an improved liquid chromatography technique for separating, identifying, and quantifying components in a mixture. This approach uses a liquid mobile phase to transport sample mixtures through a column containing a solid adsorbent material. The various components of the sample interact differently with the adsorbent material, resulting in elution at different times. HPLC is widely utilized in a range of sectors, including pharmaceuticals for medication development and quality control, environmental monitoring for pollutant detection, the food industry for product safety and quality, and biochemical research for the analysis of difficult biological samples.
HPLC holds promise, given technological developments and rising demand across a wide range of sectors. Innovations like ultra-high-performance liquid chromatography (UHPLC) are pushing the limits of speed, resolution, and sensitivity, allowing for more efficient and thorough analysis. The integration of HPLC and mass spectrometry (LC-MS) improves the capacity to detect and quantify low-abundance chemicals with high precision.
Furthermore, as regulatory standards for pharmaceuticals, food safety, and environmental monitoring become stricter, the demand for strong and dependable analytical techniques such as HPLC will increase. The development of automated and compact HPLC systems has the potential to expand its uses in point-of-care diagnostics and field analysis.
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How Does the Increasing Pharmaceutical and Biotechnology Research Drive the High-Performance Liquid Chromatography Market?
The High-Performance Liquid Chromatography (HPLC) market will boost pharmaceutical and biotechnology research. According to the Pharmaceutical Research and Manufacturers of America (PhRMA), the biopharmaceutical business spent around $102 billion on research and development in 2018. This significant investment emphasizes the importance of modern analytical techniques such as HPLC in the drug research and development process. HPLC’s capacity to precisely separate, identify, and quantify complex mixtures is essential for innovative research and quality control, making it a must-have tool in the growing pharmaceutical and biotechnology industries.
Rising food safety concerns will fuel the High-Performance Liquid Chromatography (HPLC) market. The growing awareness of food quality and safety is dramatically increasing the use of HPLC in food testing. The World Health Organization (WHO) estimates that 600 million people become ill and 420,000 die each year as a result of eating tainted food, prompting stronger laws and enhanced testing procedures. This increased emphasis on food safety drives up demand for HPLC systems in the food and beverage industry, which are critical for assuring product safety and regulatory compliance.
How Do the Complex Operation and Maintenance Affect the High-Performance Liquid Chromatography Market?
The difficult operation and maintenance of high-performance liquid chromatography (HPLC) systems might have an impact on the market. HPLC systems necessitate specialist knowledge for setup, calibration, and troubleshooting, which can be challenging for some laboratories and companies, particularly those with low technical skills or budget restrictions. Furthermore, the maintenance of HPLC systems requires regular upkeep and part replacement, which can result in substantial expenses and downtime. These obstacles may impede the widespread adoption of HPLC systems, particularly in smaller or resource-constrained settings, thereby reducing market growth despite rising demand from a variety of industries.
The high cost of equipment and consumables has the potential to impact the High-Performance Liquid Chromatography (HPLC) market. HPLC systems and their related consumables, including as columns and solvents, are frequently expensive, posing a considerable obstacle to adoption, particularly for small and medium-sized businesses and research institutes with limited resources. Despite its analytical benefits, potential users may be hesitant to embrace HPLC technology due to the significant initial investment and continuing operating costs. As a result, the high cost can hinder market growth as firms seek less expensive options or postpone upgrading to recent HPLC systems.
Category-Wise Acumens
Will Environmental Monitoring Fuel the Instruments Segments for the High-Performance Liquid Chromatography Market?
The instruments segment currently dominates the high-performance liquid chromatography (HPLC) market. Environmental monitoring will drive the instruments segment in the HPLC market. As worries about environmental pollution and its impact on health develop, there is a greater need for precise and dependable analytical procedures to detect and quantify pollutants in air, water, and soil. HPLC’s capacity to accurately analyze complicated environmental samples makes it an indispensable tool for regulatory bodies, research institutes, and enterprises dedicated to environmental protection. This increased emphasis on environmental monitoring is projected to increase demand for HPLC devices, hence boosting market growth in this sector.
The food and beverage industry will boost the instruments segment of the HPLC market. As customer demand for high-quality, safe, and precisely labeled food products grows, HPLC is becoming more widely used in food and beverage testing. HPLC systems are essential for detecting impurities, determining component purity, and guaranteeing regulatory compliance. As food safety laws tighten and quality control processes become more stringent, the need for HPLC instruments in the food and beverage industry is likely to increase, pushing the market for these analytical tools.
Will Drug Discovery Boost Pharmaceutical and Biotechnology Industries Segments for the High-Performance Liquid Chromatography Market?
The pharmaceutical and biotechnology industries are the leading consumers of High-Performance Liquid Chromatography (HPLC) technology. In the HPLC market, Drug discovery will drive the pharmaceutical and biotechnology sectors. HPLC is an important technology in drug discovery and development because it allows for the accurate separation and analysis of complex biological samples, which is required to identify new drug candidates and ensure their purity and efficacy. As pharmaceutical and biotechnology businesses continue to invest extensively in R&D to develop novel medicines and therapies, the demand for HPLC equipment will rise to support these activities. This rising emphasis on drug development will drive the need for HPLC devices in these industries.
Biotechnology will drive the pharmaceutical and biotechnology industry segments in the HPLC market. Rapid advances in biotechnology, such as the development of biologics, gene treatments, and complex proteins, necessitate the use of advanced analytical techniques to separate, identify, and quantify biomolecules. HPLC is vital to verifying the purity, potency, and safety of biotechnological products. As the biotechnology sector expands and innovates, the demand for HPLC systems will increase to meet the difficult analytical requirements of these sophisticated biotechnological applications, increasing the market for HPLC instruments in the pharmaceutical and biotechnology industries.
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Country/Region-wise Acumens
Will the Early Adoption of High-Performance Liquid Chromatography (HPLC) Technology Favor the Market in North America?
North America, primarily the United States, has historically been the dominant region in the HPLC market. The early adoption of high-performance Liquid Chromatography (HPLC) technology will propel the North American market. The region’s established infrastructure and expertise in HPLC applications, together with a considerable expenditure in R&D—$667 billion by 2020, according to the National Science Foundation—form a solid foundation for HPLC utilization. North America’s commitment to expanding pharmaceuticals, biotechnology, and environmental sciences has created an atmosphere in which HPLC is essential for drug discovery, quality control, and environmental monitoring.
The pharmaceutical and biotechnology industries will dominate the North American (HPLC) market. The biopharmaceutical industry in the United States will invest around USD 102.3 Billion in research and development in 2021, highlighting the vital need for modern analytical techniques such as HPLC for drug discovery, development, and quality control. The United States Food and Drug Administration’s reliance on chromatographic techniques, especially HPLC, to ensure drug safety and efficacy adds to this need. As the FDA approves 37 novel medications in 2022, each requiring rigorous analytical testing, North America’s burgeoning pharmaceutical and biotechnology sectors are expected to considerably boost regional market growth.
Will the Rapid Industrialization in the Asian Pacific Region for the High-Performance Liquid Chromatography Market?
The Asia Pacific region is experiencing the fastest growth in the High-Performance Liquid Chromatography (HPLC) market. Rapid industrialization will propel the (HPLC) market in Asia-Pacific. The growing manufacturing sectors, as demonstrated by a 4.1% increase in the industrial sector in emerging Asia in 2022, are driving a significant demand for quality control and environmental monitoring systems. The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) reported that the area would account for 52.5% of global manufacturing value added in 2021, highlighting the extent of industrial activity. With China’s intensive product quality inspections and Japan’s emphasis on high-quality exports, the demand for sophisticated analytical equipment such as HPLC grows. The region’s rapid industrial growth needs modern quality control and environmental monitoring technologies.
The large and expanding population of Asia-Pacific will drive the (HPLC) market. With a population of 4.7 billion in 2022, accounting for 60% of the global total, there will be an increased demand for pharmaceutical products, food safety measures, and environmental monitoring. According to the World Health Organization (WHO), noncommunicable diseases (NCDs) are a serious health challenge in the region, necessitating the use of modern analytical methods such as HPLC for drug development and quality control.
Competitive Landscape
The high-performance liquid chromatography market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the high-performance liquid chromatography market include:
- Shimadzu Corporation
- Agilent Technologies, Inc.
- Waters Corporation
- Merck KGaA
- PerkinElmer, Inc.
- Thermo Fisher Scientific, Inc.
- Hitachi, Ltd.
- Jasco Corporation
- Dionex Corporation
- SGE Analytical Science
High Performance Liquid Chromatography Market Latest Developments
- In February 2022, Shimadzu Corporation announced the global introduction of the Nexera XS inert high-performance liquid chromatograph. The Nexera XS inert contains rust-resistant and nonmetallic components that prevent molecule adsorption, resulting in stable readings of biopharmaceuticals and medium molecule drugs.
- In January 2022, Bruker Corporation purchased Prolab Instruments GmbH, a Swiss technology business that specializes in low-flow, high-precision liquid chromatography technology and equipment.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~5.57% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Players | Shimadzu Corporation, Agilent Technologies, Inc., Waters Corporation, Merck KGaA, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., Hitachi, Ltd., Jasco Corporation, Dionex Corporation, SGE Analytical Science |
| Customization | Report customization along with purchase available upon request |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Customization of the Report
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Frequently Asked Questions
1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology
2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights
3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis
4. High Performance Liquid Chromatography Market, By Product Type
• Instruments
• Detectors
• Pumps
• Columns
5. High Performance Liquid Chromatography Market, By Type of Chemistry
• Reverse Phase Chromatography
• Normal Phase Chromatography
• Ion-Exchange Chromatography
• Size Exclusion Chromatography
6. High Performance Liquid Chromatography Market, By End User
• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutes
• Contract Research Organizations (CROs)
• Hospitals and Diagnostic Laboratories
• Food and Beverage Industry
• Environmental Testing Labs
7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE
8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market
9. Competitive Landscape
• Key Players
• Market Share Analysis
10. Company Profiles
• Shimadzu Corporation
• Agilent Technologies Inc.
• Waters Corporation
• Merck KGaA
• PerkinElmer Inc.
• Thermo Fisher Scientific Inc.
• Hitachi, Ltd.
• Jasco Corporation
• Dionex Corporation
• SGE Analytical Science
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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