DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kfs68b/global) has announced the addition of the "Global High-performance Liquid Chromatography (HPLC) Systems and Accessories Market 2014-2018" report to their offering.
The Global HPLC Systems and Accessories market will grow at a CAGR of 5.52 percent over the period 2013-2018.
One of the major trends witnessed in the market is the increased outsourcing of drug manufacturing to the APAC region. Many global pharmaceutical companies are facing several challenges such as patent expirations and pricing pressure. As a result, these companies are on the lookout for cost-containment measures. For instance, drug manufacture in the APAC countries is less expensive than in the Western countries. Therefore, Western nations are increasingly outsourcing all the stages of the drug manufacturing process, including the purification of biopharmaceutical and other biochemical entities, to CROs and CMOs located in the APAC region to achieve cost-efficiency. As a result, the APAC region is emerging as the fastest growing market, and many multinational companies and local companies have set up their operations in this region to provide automated HPLC systems to CROs and CMOs. Hence, the continuous outsourcing of pharmaceutical production to the APAC region is expected to drive the growth of Global HPLC Systems and Accessories market.
According to the report, one of the major drivers in this market is the increasing automation of HPLC systems. The usage of automated instruments with auto-samplers to process a large numbers of samples and the usage of analyzers with customized system settings have been gaining popularity in recent times. Many companies have adopted HPLC systems to meet the demands of the Life Sciences industry.
Further, the report states that one of the major challenges in this market is a requirement for high purification standards. To maintain the efficiency of the HPLC instruments, the vendors are forced to build standards to deliver the highest quality systems. Moreover, the complex nature of biochemical entities poses a challenge for the vendors to develop and maintain the instrument standards for purification.
Key Vendors
- Agilent Technologies Inc.
- Shimadzu Corp.
- Thermo Fisher Scientific Inc.
- Waters Corp.
Other Prominent Vendors
- Bio-Rad Laboratories Inc.
- Gilson Inc.
- Hitachi High Technologies America Inc.
- Jasco Inc.
- Perkin Elmer Inc.
- Sigma Aldrich Corp.
-
ZirChrom Separations Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/kfs68b/global