Biopharma Chromatography Systems Market is Forecasted to Reach US$ 5.7 Billion in 2030, Says Stratview Research

The global biopharma chromatography systems market is projected to witness a growth rate of 8.8% annually from 2024 to 2030, with an anticipated size of US$ 5.7 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global biopharma chromatography systems market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights

Segment Insights on the Biopharma Chromatography Systems Market:

The report dives deep into the segmentation of the Biopharma Chromatography Systems market based on critical parameters:

Based on System Type - The biopharma chromatography systems market is segmented into single-use systems and multi-use systems. With the high demand for quantitative accuracy, a multi-use system is expected to remain the dominant system type in the market during the forecast period. Increasing demand for HPLC/UHPLC due to their high-quality result is the key reason behind the dominance of multi-use systems. Single-use systems are expected to experience a faster growth rate, mainly due to their high adoption by biopharmaceutical professionals. These systems offer biopharma manufacturers the flexibility to quickly adapt to changing production demands, as well as reduce the risk of cross-contamination and significantly lower the associated capital and operational costs related to cleaning and validation.

Based on the Media Type - Based on the media type, the market is segmented into liquid and gas. Liquid chromatography is expected to remain dominant as well as the fastest-growing media type in the market during the forecast period. The growth of liquid chromatography can be attributed to its ability to offer superior performance and separation efficiency, which has led to an increase in the demand for this technology. Additionally, the compatibility of liquid chromatography with a wide range of biomolecules has made it an essential tool in biopharmaceutical research and development. Furthermore, the ease of integration of liquid chromatography with other analytical techniques has made it a popular choice among researchers.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

In terms of regions, North America is expected to remain the largest market for biopharma chromatography systems during the forecast period. This region has huge investments in the healthcare sector and is home to many major players, such as Thermo Fisher Scientific Inc., Waters Corporation, and Agilent Technologies, which make the region a growth engine of the biopharmaceutical industry. In addition to that, the USA is a preeminent nation in biopharmaceutical innovation worldwide and is expected to remain the largest market by 2030.

Asia-Pacific is anticipated to be the fastest-growing region during the forecast period, driven by emerging economies, such as China and India. Expanding the biopharma sector, establishing biotech clusters, and focusing on developing novel biologics and biosimilars will fuel the Chinese market whereas India is poised to emerge as the fastest-growing hub for biologics and biosimilars.

Biopharma Chromatography Systems Market Drivers:

Some of the key drivers listed in the report are given below.

• The growing biopharma industry coupled with ongoing advancements and innovations in the field of chromatography system technology and increasing R&D in drug development are expected to drive the market during the forecast period.
• The shift from traditional chromatography systems to single-use systems is likely to give impetus to the demand for chromatography systems.

Top Companies in the Biopharma Chromatography Systems Market:

The global market for Biopharma Chromatography Systems is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:

-          Thermo Fisher Scientific Inc.

-          Shimadzu Corporation

-          Waters Corporation

-          Agilent Technologies Inc

-          PerkinElmer, Inc.

-          Danaher Corporation (Cytiva)

-          Repligen Corporation

-          Millipore Corporation (Merck)

-          Sartorius AG

-          Bio-Rad Laboratories, Inc.

Note: The above list does not necessarily include all the top players in the market.

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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