Reagents for Chromatography
- The U.S. market for reagents used in chromatography was worth $2.9 billion in 2007. It is expected to reach $5.2 billion by 2012 for a compound annual growth rate (CAGR) of 12.6%.
- Gas chromatography is the fastest growing segment in terms of sales of reagents. Worth an estimated $690 million in 2007, this segment should reach $1.9 billion by 2012, for a CAGR of 22.9%.
- Pharmaceutical and biotech industries are the major consumers of chromatography reagents.
BCC's goal in conducting this study is to provide an overview of the current and potential aspects of the U.S. market for chromatographic reagents. The report determines the market size, market leaders, and factors affecting the market of reagents of chromatography with the emphasis on its end users.
The overview of types of reagents and different techniques of chromatography is also examined along with sale figures over the 5-year period from 2007 to 2012. Companies selling the reagents of chromatography are profiled, and the factors affecting markets for these products and how those markets are likely to change are analyzed. Revenues have been broken down by the type of reagents and the usage of these reagents.
Our key objective is to present a comprehensive analysis of the current market and the future direction of chromatographic reagents with an emphasis on newer products.
SCOPE OF STUDY
This report contains:
- Descriptions of reagents used for various chromatography techniques including gas chromatography, liquid chromatography, affinity, size exclusion and ion exchange chromatography, supercritical fluid chromatography and capillary electrophoresis
- The current U.S. market status for reagents used in different types of chromatography techniques, with trends and forecasts for growth over the next 5 years
- Technological issues including the latest trends and a thorough patent analysis
- Discussion of environmental, regulatory and public policy issues that affect reagents for chromatography
- Company profiles.
A comprehensive literature search was conducted. The literature included technical newsletters and journals as well as many other sources. The data were collected through interviews and correspondence with various pharmaceutical/biotechnical experts. Projections were based on estimates such as the current number of end users, potential end users, likely unit prices, rates of consumption, and market trends.
BCC surveyed many companies to obtain data for this study. Included were manufacturers and the end users of the chromatographic reagents. We gathered the data from the industries; spoke with officials of this industry; and consulted newsletters, company literature, product literature, a host of technical articles, journals, indexes, and abstracts. Exhaustive investigations of databases by key terminology were done. In addition, we compiled data from current financial and trade information and government sources.
ABOUT THE AUTHOR
Shalini Shahani Dewan holds a masters degree in pharmaceutical chemistry. Among the research topics she has covered are studies on compounds of potential pharmaceutical interest from ibuprofen and 2-naphthyl acetic acid. Shahani was awarded a gold medal by the prime minister of India for her work and has worked with top companies in India and in the U.S. Some of her other reports with BCC are Reagents of Chromatography; Spectroscopy, an Enduring Market; Advanced Drug Delivery Systems; Orthopedic Drugs, Implants and Devices; Imaging Reagents; Contract Manufacturing, Research and Packaging; The Dynamic Media, Sera and Reagent market in Biotechnology; Opportunities in Chiral Technology; Behavioral and Emotional Disorders in Children and Adolescents; and Pharmaceutical Regulatory Industry.
The development of new niche markets, the push by clinical testing and increased demands for routine environmental testing will spur growth in the chromatography market.
U.S. expenditures for reagents used in chromatography are about to reach $1.5 billion in 2002 and will have an average annual growth rate (AAGR) of 11.8%.
The gas chromatography market is growing at the fastest pace.
High-performance liquid chromatography growth currently is being fuelled by demand from the pharmaceutical industry, especially drug devevelopment. HPLC is growing at an annual average growth rate of 7.8%.