CHROMATOGRAPHY MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Developing healthcare sector

Advancements in medical research and technologies have enabled doctors and scientists to develop innovative diagnostic and therapeutic solutions for various diseases. Chromatography techniques plays a crucial role in numerous areas of healthcare such as drug discovery and development, disease diagnosis, blood analysis, and clinical trials. Chromatography enables the separation, identification and quantification of complex biological molecules and chemical compounds. This allows for a more thorough understanding of biological processes and pathological conditions at the molecular level. Rising healthcare expenditure and increasing governments’ investments in public health initiatives can boost demand for sophisticated medical testing and analysis. Healthcare facilities are expanding their in-house diagnostic capabilities through addition of new analytical instruments. Pharmaceutical companies rely heavily on chromatography at various stages of the drug development pipeline from target identification and validation to purity analysis of active pharmaceutical ingredients and impurities. With an aging population and rising burden of chronic diseases, the requirements from medical and pharmaceutical research are diversifying. This expanding role of chromatography across the healthcare industry boosts demand for newer and improved chromatography platforms. Various types of chromatography techniques such as Ion-exchange chromatography, Size-exclusion chromatography and Gas chromatography are used in the healthcare sector, and this offers lucrative opportunities for chromatography instrument providers.