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(MoneyNewsWire.Net, January 09, 2018 ) The Latin America Chromatography Instrumentation market has been estimated at USD 0.75 Billion in 2016 and is projected to reach USD 1.03 Billion by 2021, at a CAGR of 6.6% during the forecast period from 2016 to 2021. Chromatography is one of the most common laboratory techniques, which is used for separation of mixtures. This separation is carried out with help of multiple instruments, which are used in various phases of chromatography. Chromatography technique and its instrument are being used in the biotechnology and pharmaceutical companies for the development of pure drug molecule.
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The market for Chromatography Instrumentation is mainly driven due to growing biotechnology and pharmaceutical industries, increasing demand in the market for chromatography instruments and systems, rising help from governments in the form of grants, funds, investments and subsidies, especially in the emerging markets. But, the market growth can be hampered due to huge cost of equipment and dearth of skilled professionals.
Latin America market for Chromatography Instrumentation is segmented based on System, Consumable and Application. By System, the market is further sub-segmented into Liquid Chromatography (LC) Systems (High-Pressure Liquid Chromatography (HPLC) Systems, Ultra-High-Pressure Liquid Chromatography (UHPLC) Systems, Flash Chromatography (FC) Systems, Medium-Pressure Liquid Chromatography (MPLC) Systems, Other Liquid Chromatography Systems), Gas Chromatography (GC) Systems, Supercritical Fluid Chromatography (SFC) Systems, Thin-Layer Chromatography (TLC) Systems, Other System Components (Autosamplers, Detectors, Pumps, Vials). By Consumable, the market is further sub-segmented into Columns, Syringe Filters, Vials, Tubing, Other Consumables. By Application, the market is further sub-segmented into Life Sciences, Food & Beverage Testing, Environmental Testing, other applications. The columns segment accounts for the larger share of the chromatography consumables market. Other application areas accounts for the largest share of the chromatography instruments market, while, Environmental testing is the second large application area.
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Geographically, Latin America market for Chromatography Instrumentation is segmented into Brazil, Argentina, Mexico and Rest of Latin America. The Chromatography Instrumentation market in the Latin America region is projected to grow at high CAGR, which is greatly due to increasing government funding, rising environmental monitoring and safety concerns and augmenting applications of the biotechnology instruments in applied markets.
Thermo Fisher Scientific, Inc., Agilent Technologies, PerkinElmer, Inc., Shimadzu Corporation, Waters Corporation, Novasep Holding S.A.S., Pall Corporation, JASCO, Inc, GL Sciences, Inc., Phenomenex, Inc., GE Healthcare, Becton, Dickinson and Company, Life Technologies Corporation, Pall Corporation, Regis Technologies, Sigma-Aldrich Corporation, Helena Laboratories, Phenomenex, Inc., Tosoh Corporation are the major players of Latin America Chromatography Instrumentation market.
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