Global Gel Permeation Chromatography (GPC) Market, by Product Type (Gel Permeation Chromatography System, Detectors, Columns, Pumps), by End User (Pharmaceutical Companies, Research Institutes), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 1,304.4 Million in 2022 and is expected to exhibit a CAGR of 7.2% during the forecast period (2022-2030), as highlighted in a new report published by Coherent Market Insights.
Key players in the market are focusing on co-marketing agreements, for integration of component of one company with GPC systems of other. For instance, in January 2018, Waters Corporation and Malvern Panalytical entered into a co-marketing agreement with Malvern Panalytical. It resulted in pairing of the Waters ACQUITY Advanced Polymer Chromatography System with Malvern Panalytical’ s OMNISEC REVEAL, to delibrate high sensitivity, higher resolution data, and access to samples without the need for column calibration. Some companies are focusing on mergers to expand their footprint in the global market. For instance, in 2017, Malvern Instruments Ltd., Malvern Panalytical is a Spectris plc company, manufacturer and supplier of laboratory analytical instruments and PANalytical B.V. merged together, and combined for giving relevant data with high sensitivity.
Global Gel Permeation Chromatography (GPC) Market– Impact of Coronavirus (COVID-19) Pandemic
The COVID-19 pandemic and lockdowns in various countries across the globe have impacted the financial status of businesses across all sectors, including the private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry, mainly due to strict lockdown in several regions.
However, the COVID-19 pandemic had a positive impact on the global gel permeation chromatography (GPC) market , owing to gel permeation chromatography analytical technique usage in vaccine development and clinical trial. For instance, in October 2020, according to National Center for Biotechnological Information the number of clinical trial for vaccine development to prevent from SARS-CoV-2 was increased. Moreover in February 21, Pfizer and BioNTech worked together to determine COVID-19 Vaccine Stability Data at Standard Freezer Temperature and reported it to the U.S. Food and Drug Administration (U.S.FDA) which was analyzed by gel permeation chromatography for stability.
Global Gel Permeation Chromatography (GPC) Market: Key Developments
In October 2021, Researchers from the Netherlands, Poland and Germany recreated biodegradable polylactide (PLA) by incorporating Ribonucleic acid (RNA)-inspired breaking points into the polymer. The polymer used in biodegradable polylactide were characterized by gel permeation chromatography for size separation and characterization to incorporate in RNA-polymer.
Browse 28 Market Data Tables and 27 Figures spread through 156 Pages and in-depth TOC on “Global Gel Permeation Chromatography (GPC) Market”- Forecast to 2030, Global Gel Permeation Chromatography (GPC) Market, by Product Type (Gel Permeation Chromatography System, Detectors, Columns, Pumps), by End User (Pharmaceutical Companies, Research Institutes), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in the Gel Permeation Chromatography market, click the link below:
https://www.coherentmarketinsights.com/market-insight/gel-permeation-chromatography-market-28
Key Takeaways of the Global Gel Permeation Chromatography (GPC) Market:
- Global gel permeation chromatograghy (GPC) market is expected to exhibit a CAGR of 7.2% during the forecast period owing to growth in research and development on novel therapies and stringent regulations (e.g. Quality by Design protocol by US FDA) on the use of synthetic excipients. For instance, in April 2021, Congressional Budget Office, Nonpatrisan Analysis for the U.S. Congress had investedS. $83 billion dollars on research and development (R&D) in 2019, the pharmaceutical industry.
- Among product types, gel permeation chromatography system was the dominant segment in 2021. This is, owing to utility of the integrated systems in day-to-day polymer analysis. Also, it is important to profile novel polymer used as excipient or as novel drug candidate. It offers excellent sensitivity at relatively low sample analyte due to advanced multidetectors systems. Amongst end users, pharmaceutical and biotech companies segment exhibited high growth, due to high demand for polymers analysis on routine basis.
- Among regions, North America is estimated to be the dominant market in global gel permeation chromatography market. This is due to high research and development and regulatory needs for base needed for drug development, for instance according to Pharmaceutical and Manufacturer Association report in 2017, companies in U.S. invests annually US$ 75 billion on research and development. On the other hand, Asia Pacific is important emerging market for major players, due to increasing research activity, manufacturing base, and chief risk officer (CRO’s) present in these regions. According to a report by International Federation of Pharmaceutical Manufacturer and Association in 2017, emerging countries in Asia-Pacific would have invested 25% by 2020.
- Major players operating in the global gel permeation chromatograghy (GPC) market include Agilent Technologies, Waters Corporation, Malvern Panalytical, Shimadzu Corporation, Polymer Char, Tosoh Corporation, Gilson, Inc., and Thermo Fisher Corporation.
