PUBLISHER: Meticulous Research | PRODUCT CODE: 1518390
PUBLISHER: Meticulous Research | PRODUCT CODE: 1518390
Chromatography Syringes Market Size, Share, Forecast, & Trends Analysis by Type (GC, LC, TLC), Product (Manual, Autosampler, Accessories), Offering (Fixed, Needle-free), Usability (Disposable, Reusable), End User - Global Forecast to 2030
The chromatography syringes market is projected to reach $317.27 million by 2030, at a CAGR of 5.7% from 2023 to 2030.
Following comprehensive primary and secondary research and an in-depth analysis of the market scenario, this report provides an analysis of the key market drivers, restraints, opportunities, and challenges. This market is primarily driven by the application of chromatography in drug discovery and development, the use of chromatography systems for food quality testing, technological advancements in chromatography, and growing R&D expenditures in the pharmaceutical and food & beverage industries. However, the shortage of trained & skilled laboratory technicians required for handling syringes restrains the growth of this market.
Furthermore, emerging economies and growth in the genomics and proteomics markets are expected to generate significant growth opportunities for the players in this market. However, the lack of skilled professionals and difficulties in using chromatography syringes in conventional methods are major challenges impacting market growth.
Based on chromatography type, the liquid chromatography segment is expected to witness the fastest growth over the forecast period. Liquid chromatography is predominantly used in commercial applications. It offers high accuracy in the separation process, high resolution, and quick, automated, and simple data analysis, making it suitable for adoption in various application areas. These benefits contribute to the rapid growth of this segment.
Based on product type, the autosampler syringes segment is slated to register the highest CAGR during the forecast period. The growth of this segment is driven by accelerated drug discovery and development and the advantages offered by the autosampler syringes, such as reduced human errors when withdrawing and injecting samples. These syringes also save time and provide increased accuracy and greater precision in handling low volumes of samples, contributing to their higher adoption compared to manual syringes.
Based on offering, in 2023, the fixed needle segment is expected to account for the larger share of the chromatography syringes market. The large market share of this segment is attributed to the higher commercial viability of cemented/fixed syringes compared to needle-free/needleless syringes. Fixed needle syringes are preferred for low-volume sample handling as they eliminate contact between the sample and the adhesive, reducing carry-over.
Based on usability, the reusable segment is slated to register the higher CAGR during the forecast period. The rapid growth of this segment is driven by the cost-effectiveness of reusable syringes and the growing need to reduce the amount of waste generated in laboratories. Furthermore, reusable syringes are a cost-effective option in the long run as they eliminate the need for recurring purchases.
Based on end user, in 2023, the pharmaceutical & biotechnology industries segment is expected to account for the largest share of the chromatography syringes market. The large market share of this segment is attributed to the increased usage of chromatography in the pharmaceutical and biotechnology industries. Furthermore, pharmaceutical and biotechnology companies have witnessed significant growth in recent years due to the increasing demand for pharmaceutical products and the growing incidence & prevalence of chronic diseases. Moreover, governments around the world are investing and providing grants & funds to pharmaceutical and biotechnology companies for the manufacture and R&D of biopharmaceuticals. These initiatives are increasing the demand for chromatography syringes, driving the growth of this segment.
An in-depth analysis of the geographical scenario in the chromatography syringes market provides detailed qualitative and quantitative insights into five major geographies (North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America) along with the coverage of major countries in each region.
Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is mainly driven by the substantial growth opportunities in the region's pharmaceutical and biotechnological industries, resulting in increased research and development activities. Additionally, the improvements in healthcare infrastructure, the growing focus on implementing food quality regulations, and the increasing demand for advanced chromatography techniques in the region are driving the growth of this regional market.
The key players operating in the chromatography syringes market are Trajan Scientific and Medical (Australia), Thermo Fisher Scientific, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Danaher Corporation (U.S.), Shimadzu Corporation (Japan), Hamilton Company (U.S.), Gilson, Inc.(U.S.), Restek Corporation (U.S.), Valco Instruments Company, Inc. (U.S.), DWK Life Sciences GmbH (Germany), Microsolv Technology Corporation (U.S.), and Agilent Technologies, Inc. (U.S.).
Chromatography Syringes Market-by Chromatography Type
Chromatography Syringes Market-by Product Type
Note: Accessories include needles and plungers.
Chromatography Syringes Market-by Offering
Chromatography Syringes Market-by Usability
Chromatography Syringes Market-by End User
Note: Other end users include agriculture, oil & gas, and forensics.
Chromatography Syringes Market-by Geography