by Chromatography is a technique for separating the components or substances from a biological or chemical mixture. It works based on how strongly different substances interact with each other. Various types of chromatography techniques include gel filtration chromatography, gas chromatography, affinity chromatography, and ion-exchange chromatography. These chromatography methods are widely used in pharmaceutical and biotechnology industries for purification, analytical testing, and quality control of biomolecules, drugs, and other chemical and biological agents. The global chromatography market is estimated to be valued at US$ 11,702.77 million in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
The chromatography technique helps purify protein-based drugs, vaccines, antibodies, and stem cells. It plays a crucial role in isolation, identification, and removal of contaminants from biologics. With the increasing demand for biologics and biopharmaceuticals, the need for high purity levels and quality standards has also risen. Chromatography provides reliable, efficient, and scalable methods for large-scale purification of biologics to meet stringent regulatory norms. It has wide acceptance in the biopharmaceutical industry due to its ability to separate complex biomolecules without damaging their structure and function. Additionally, chromatography finds usage in various fields like food & beverage testing, environmental protection, and forensic investigation.
Market Dynamics:
Increased Demand for Quality Biopharmaceuticals is expected to significantly drive the growth of the global chromatography market over the forecast period. The biologics market represents one of the fastest growing segments of the pharmaceutical industry and the demand for monoclonal antibodies, vaccines, and other protein-based drugs are rising rapidly. Chromatography plays a crucial role in the production of biologics by enabling large-scale purification and quality check of biomolecules. It helps isolate therapeutic proteins, antibodies, and other complex molecules in their native biologically active forms.
The popularity of affinity and ion-exchange chromatography is also surging in the biopharmaceutical sector owing to their high selectivity, efficiency, and ability to separate multicomponent mixtures. These chromatography methods provide robust, scalable and economic solutions for downstream purification of biologics. Their capabilities of removing contaminants, host cell proteins, DNA, and related impurities to obtain highly pure biotherapeutics have accelerated their usage in biomanufacturing. Thus, increasing adoption of chromatography techniques for biologic drugs development and manufacturing is expected to boost market growth over the forecast period.
Segment Analysis
The global Chromatography Market Growth is segmented on the basis of type and application. By type, the market is segmented into liquid chromatography, gas chromatography, ion chromatography and others. Among these, the liquid chromatography segment dominates the market and accounts for around 60% share owing to its wide applications across various industries. It is widely used in pharmaceutical industry for separation and analysis of drugs and impurities.
PEST Analysis
Political: The global chromatography market is positively impacted by supportive government regulations and policies across different regions for quality control and drug development. Stringent safety norms have increased the demand for chromatography instruments for analysis.
Economic: Rapid growth in pharmaceutical, biotechnology and food testing industry has been major growth driver for the chromatography market. Rising R&D investments and initiatives for new drug discovery offer lucrative opportunities.
Social: Increasing awareness about food safety and rising healthcare expenditure has pushed the demand for chromatography. Growing concern for environmental safety is also augmenting the market growth.
Technological: Continuous advancement in chromatography instrumentation in terms of efficiency, sensitivity and automation has increased applications. Introduction of hyphenated techniques and miniaturized devices are expanding the market scope.
Key Takeaways
The global chromatography market is expected to witness high growth during the forecast period owing to increasing demand from pharmaceutical, biotechnology and food industries.
Regionally, North America dominates the market and is expected to maintain its leading position through 2030. Asia Pacific chromatography market is projected to witness fastest growth owing to expanding pharmaceutical and biotechnology industries in countries like China and India.
Key players operating in the chromatography market are APS Materials Inc., Berkeley Advanced Biomaterials (GNI Group Ltd), Bio-Rad Laboratories Inc., CGbio, FLUIDINOVA, Granulab Sdn. Bhd. (KPower Berhad), HOYA Technosurgical Corporation (HOYA Corporation), SANGI CO. LTD, SigmaGraft Biomaterials, Taihei Chemical Industrial Co. Ltd, and Zimmer Biomet. Major players are focusing on new product launches, partnerships and regional expansion to strengthen market presence.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
