Global Prepacked Chromatography Columns market is estimated to be valued at US$ 307.6 million in 2023 and is expected to exhibit a CAGR of 7.9% during the forecast period (2023-2030).
Market Trends:
Expecting significant growth due to increasing demand for efficient separation techniques across industries such as pharmaceuticals, biotechnology, and food and beverage. The market is driven by the advantages of prepacked chromatography columns in terms of time and cost savings, ease of use, and improved reproducibility. Technological advancements in Chromatography and expanding research and development activities further contribute to market expansion, while strategic collaborations and product innovations offer opportunities for market players to capitalize on the growing demand. For instance, in June 2023, Saudi Arabia’s PIF (Public Investment Fund) launched Lifera, a New CDMO. The CDMO will enable the growth of the local bio/pharmaceutical industry, strengthen national resilience, and support Saudi Arabia’s position as a global pharmaceutical manufacturing destination.
Global Prepacked Chromatography Columns Market– Drivers
Market Drivers:
Advances in Various Chromatographic Techniques
Wide range of applications and Advances of chromatographic techniques is anticipated to drive the market growth over the forecast period. For instance, in 15th International Conference & Expo on Chromatography Techniques on January 30-31, 2023 at Barcelona, Spain declared that globally, over 60% of chemical analysis relies on chromatography or its variants. This physical technique spans a wide range of fields, from fundamental organic chemistry to forensic sciences. Its diverse applications include identifying cocaine in urine, detecting PCBs in fish, measuring alcohol in blood, and assessing lead levels in water. Chromatography encompasses various types such as paper chromatography, displacement chromatography, thin-layer chromatography, supercritical chromatography, column fluid chromatography, gas chromatography, expanded bed adsorption chromatography, and liquid chromatography in various combinations.
Market Restraints:
Global Prepacked Chromatography Columns Market: Restraints
High cost of column
The initial investment required for acquiring prepacked chromatography columns can be substantial, limiting their affordability for certain end-users, particularly smaller research laboratories or facilities with limited budgets. Additionally, the ongoing costs of column maintenance, column replacement, and consumables can further contribute to the overall expenses. The high cost of prepacked chromatography columns may hinder their widespread adoption, especially in resource-constrained settings.
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