Exclusive report from Growth Plus Reports
Pune, July 29, 2022 (GLOBE NEWSWIRE) — The Global Liquid Chromatography for Biopharmaceuticals Market is expected at clock US$ ~10,697.4 million by 2030 as attributed to the growing importance of purity testing for drug approval and increased R&D spending by biopharmaceutical companies, says Growth Plus Reports
Many technical advances are observed in the field of chromatography. For example, the introduction of extremely economical columns for biopharmaceutical analysis as well as the advent of instrumentation for activity analysis on these columns has enabled the rapid introduction of biotherapeutic products to the market. Technologies such as UHPLC have continued to provide higher separations and are currently better understood in the field of biopharmaceutical development and therefore enjoy a dominant position.
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The global Liquid Chromatography for Biopharmaceutical Market has been analyzed from four different angles: technical, type, end-user, and region.
Excerpts from “By technique”
Global Liquid Chromatography for Biopharmaceuticals Market has been segmented into:
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High Pressure Liquid Chromatography (HPLC)
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Low pressure liquid chromatography (LPLC)
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Ultra High Pressure Liquid Chromatography (UHPLC)/Ultra High Pressure Liquid Chromatography (UPLC)
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Fast Protein Liquid Chromatography (FPLC)
The rapid development of biotherapy has accompanied improvements in the resolution and throughput of high performance liquid chromatography (HPLC) over the past decades. HPLC coupled with mass spectrometry is a powerful and commonly used technique for the characterization of biopharmaceuticals in drug development, while HPLC coupled with ultraviolet-visible/photodiode array, fluorescence and scattering detectors of light is used for routine analyses.
Excerpts from “By Type”
On the basis of type, the global liquid chromatography for biopharmaceuticals market has been segmented into:
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Instruments
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Consumables
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Software and accessories
The high adoption of consumables is also directly linked to the rapid growth of the global pharmaceutical and biopharmaceutical market, due to the growing need for the development of new therapies to address the ever-increasing prevalence of chronic diseases. The increase in research and development initiatives, grants and funding for the rapid development and commercialization of new biotherapeutic products will therefore act as a major catalyst increasing the growth of this segment.
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Excerpts from ‘Segmentation by region’
Global Liquid Chromatography for Biopharmaceuticals Market has been segmented into:
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North America
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Europe
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Asia Pacific
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Rest of the world (right-of-way)
North America currently holds the largest revenue share of the global liquid chromatography for biopharmaceuticals market. Some of the largest companies engaged in laboratory instrumentation and biopharmaceutical manufacturing are domiciled in North America. Growing burden of chronic diseases in North America and rising investments in biopharmaceuticals development in the United States are major factors supporting this market in the region.
The United States has been recognized as the world’s innovation capital for the life sciences and is a participant in global capital investment in early-stage biopharmaceutical companies. During the COVID-19 pandemic, several biotech and pharmaceutical companies in the United States attempted to develop effective treatments for COVID-19, which boosted the market during this period. A high number of cancer cases in the region is supporting the demand for effective cancer drugs and thus driving several market players to strategize accordingly and consequently support the growth of the studied market. For example, in 2020, Eli Lilly and Company acquired Dermira, expanding the former’s biopharmaceutical portfolio. Thermo Fisher Scientific announced a US$475 million investment the same year for expansion into biologics, gene therapy and drug development. These events indicate strong prospects for future biopharmaceutical drug development in the region and thus support the growth of the liquid chromatography market in the biopharmaceutical space.
Excerpts from “Competitive Landscape”
Leading players operating in the global Liquid Chromatography for Biopharmaceuticals Market are:
Liquid Chromatography for Biopharmaceuticals Market Segmentation:
By Technical Perspectives:
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High Pressure Liquid Chromatography (HPLC)
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Low pressure liquid chromatography (LPLC)
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Ultra-high pressure liquid chromatography (UHPLC)/Ultra-performance liquid chromatography (UPLC)
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Fast Protein Liquid Chromatography (FPLC)
Enter Outlook:
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Instruments
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Consumables
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Software and accessories
End User Perspectives:
Report Scope and Segmentation:
Report cover |
Details |
Market size in 2021 |
~US$6,330.1 million |
Revenue forecasts in 2030 |
~US$10,697.4 million |
Rate of growth |
CAGR of ~5.7% from 2022 to 2030 |
Base year for the estimate |
2021 |
Forecast period |
2022-2030 |
Segments Covered |
Technical, Type, End User |
Regional scope |
North America, Europe, Asia-Pacific and Rest of the World (ROW) |
VALUE PROPOSITIONS RELATED TO THE REPORT:
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Fueled by free analyst hours and expert interviews with every report
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Comprehensive quantitative and qualitative information at segment and sub-segment level
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Trends and perspectives of the impact of Covid 19
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Granular information at global/regional/country level
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In-depth insights into market dynamics (drivers, restraints, opportunities) and business environment
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Global coverage of the competitive landscape
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Winning imperatives
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Comprehensive coverage of “strategic developments” recorded by major market players
CUSTOMIZATION OPTIONS:
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Distributor Landscape Assessment
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Pricing information
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Customer evaluation
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Analysis of investments and initiatives
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‘Company Profile’ of key players
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