CHROMATOGRAPHY INSTRUMENTS MARKET ANALYSIS
Expansion of major chromatography companies in Asia Pacific zone is expected to propel the growth of chromatography instruments market
Regional segmentation of chromatography instruments market by Coherent Market Insights comprises of North America, Latin America, Europe, Africa, Asia Pacific, and Middle East. Increase in number of conferences on chromatography, and some other research and development activities on drugs and biologics are the major factors for domination of North America in chromatography instruments market. Some other factor like increase in government funding for research and development in healthcare sector are also propelling the growth of chromatography instruments market in North America. According to National Healthcare Expenditure by CMS in 2015, the overall share of U.S. healthcare spending has increased from 17.4% in 2014 to 17.8% in 2015. Moreover, facts given by National Institute of Health shows that there is an investment of around U.S. $32.3 billion on healthcare research annually in U.S. Expansion of major chromatographic companies and outsourcing of drug and development services by major pharmaceuticals company in Asia Pacific is expected to drive the growth of chromatography instruments market in this region.
Geographies Covered
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