The global chromatography software market, which registered approximately US$800 million in 2020, is set to embark on a steady growth trajectory in the coming years. Primary research findings indicate that the markets progress will be prominently driven by the expanding application base across the pharmaceutical industry.
Automated Chromatography Systems on the Rise
Chromatography, a vital tool used across various industries to determine mixture composition, has witnessed widespread adoption, particularly in the pharmaceutical, clinical trials, environmental, and chemical safety sectors. Researchers and biomanufacturers are increasingly turning to automated chromatography systems to simplify workflows, enhance accuracy, and reduce turnaround times, driving the growth of the chromatography software market. Chromatography software plays a pivotal role in automating run planning, data collection, and analysis, ensuring smooth workflow operations.
Pharmaceutical Industrys Vital Role
With an increasing prevalence of various ailments and a rising use of liquid chromatography, the chromatography software market is set for a promising outlook. The pharmaceutical sector, known for its strict regulations, relies heavily on chromatography techniques for drug development, purity detection, compound separation, and chemical analysis. This dependence fuels the demand for chromatography software, as it optimizes and automates processes, especially in forensic testing and pharmaceutical R&D.
Benefits of Standalone Systems
The chromatography software market is categorized into standalone and integrated systems. Standalone software devices, which perform chromatography-based analysis without additional hardware, are expected to remain dominant. They cater to various fields, including drug discovery, cancer and genomics research, and forensic analysis, generating high-quality research results.
North America at the Forefront
North America, the largest consumer of chromatography software, is expected to grow at a rapid pace. Factors such as increased concerns about food safety, rising R&D spending, and the demand for chromatography software in clinical studies contribute to this growth. Academic and research institutes are expected to drive market expansion further, with growing research volumes and increased adoption of chromatography software.
Competitive Landscape
Key players in the chromatography software market include Cytiva, Agilent Technologies Inc., Bruker Corporation, Shimadzu Corporation, KNAUER, Gilson Inc., DataApex, Restek Corporation, Scion Instruments, and Waters Corporation.
Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) https://www.fairfieldmarketresearch.com/report/chromatography-software-market
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This press release first seen on Brilad
COMTEX_442320069/2840/2023-10-23T08:21:18
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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