Chromatography Data Systems Market (2023-2030)
The Chromatography Data Systems Market is projected to reach $1.7 billion by 2030, at a CAGR of 7.5% from 2023 to 2030.
- Published
- Feb 2023
- Pages
- 190
- Format
- PDF + Excel
- Report ID
- MRHC - 104135
- Base year
- 2022
- 2030 · FORECAST
- $1.70B
- 2030
- $1.70B
- CAGR 2023–2030
- 7.5%
2022 baseline · 2023–2030 forecast at 7.5% CAGR · hover a bar for the value
Key highlights
The Integrated Software Segment is Projected to Register the Highest CAGR Over the Forecast Period
The Cloud/Web-based Segment is Projected to Register the Highest CAGR Over the Forecast Period
In 2023, the Pharmaceutical & Biotechnology Industries Segment is Expected to Dominate Chromatography Data Systems Market
Asia-Pacific: Fastest-growing Regional Market
Report summary
| Particulars | Details |
|---|---|
| Base Year | 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2023–2030 |
| Market Size (2030) | USD 1.70 billion |
| CAGR (2023–2030) | 7.5% |
| Format | PDF, Excel & Cloud Portal · 190 pages |
| Segments Covered | By Product: Standalone Software, Integrated Software · By Delivery Mode: On-premise, Cloud/Web Based · By End User: Academic & Research Institutes, Pharmaceutical & Biotechnology Industries, Food & Beverages Industry, Environmental Testing, Other End Users · By Type: Standalone, Integrated |
| Countries Covered | Europe (RoE), Asia-Pacific (RoAPAC), Latin America (RoLATAM) |
| Key Companies | Advanced Chemistry Development, Inc., Shimadzu Corporation, Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Waters Corporation (U.S.), DataApex, Gilson, Inc. (U.S.), JASCO (U.S.), Thermo Fisher Scientific Inc. (U.S.), PerkinElmer, Inc. (U.S.), KNAUER Wissenschaftliche Geräte GmbH, SCION Instruments NL BV, Justice Innovations Inc. (U.S.) |
Report overview
Segments covered: product, delivery mode, end user, type. Regions: Europe, Asia-Pacific, Latin America.
Chromatography data systems help researchers and laboratory professionals with faster, more accurate, and paperless analysis of chromatography data. The increasing need for automation in laboratory instrumentation to reduce manual data entry errors has increased the adoption of chromatography data systems among various sectors. The growth of this market is driven by factors such as the growing R&D expenditure in the pharmaceutical and food & beverage industry, the increasing use of chromatography systems for food quality testing, and technological advancements. Additionally, emerging economies are creating opportunities for the growth of this market. However, the lack of integration standards for laboratory informatics restrains the growth of this market to a notable extent.
Report infographic
R&D Expenditure in Pharmaceutical and Food & Beverage Industries Drives the Demand for Chromatography Data Systems
Pharmaceutical companies are investing heavily in R&D and expanding their pharmaceutical manufacturing facilities to meet the growing market demand. The increasing R&D investments in the pharmaceutical industry increase the commercialization of new drugs. According to the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA), R&D investments in the pharmaceutical industries in the U.S. and Europe have grown considerably. As of 2020, the number of drugs developing cancer, immunology, neurology, and infectious diseases was estimated at ~6,900. As the chromatography technique is used in the drug development phase, the increase in R&D activities is expected to increase the chromatography data, leading to the adoption of chromatography data systems.
Additionally, the R&D activities in the F&B industry lead to the development of food products with higher nutritional value and longer shelf life. Hence governments of various countries are supporting R&D activities in various sectors, including F&B. For instance, in the U.K., the R&D expenditure in food, beverages and tobacco product businesses increased from approximately USD 513 Million (GBP 424 Million) in 2015 to USD 553 Million (GBP 457 Million) in 2020.
Furthermore, some countries also provide tax incentives for R&D. For instance, in Australia, innovations in the food & beverage industry are supported by programs like the federal government’s Research & Development Tax Incentive (RDTI). In the 2020–2021 Federal Budget, the Australian government set the refundable R&D tax offset at 18.5%.
Also, in South Africa, companies investing in R&D are rewarded with an additional deduction on operational R&D expenses. Techniques such as liquid and gas chromatography are used to characterize and classify a wide range of agri-food products. This leads to increased demand for chromatography data systems.
Table of contents
11 chapters · 82 sections · 190 pages · click to expandSegmental analysis
| Segment | Largest share (2023) | Fastest growth (2023–2030) |
|---|---|---|
| By Product | — | Integrated software |
| By Delivery Mode | — | Cloud/web-based |
| By End User | Pharmaceutical & Biotechnology Industries | — |
By Product
- The integrated software segment is projected to register the highest CAGR.
- The growth of this segment is driven by its features such as rapid screening and efficient workflow management.
- With the integrated platform, users can have access to all kinds of laboratory data, leading to a quick data review process.
- This further contributes to the increasing adoption of integrated software.
By Delivery Mode
- The cloud/web-based segment is projected to register the highest CAGR during the forecast period.
- Factors such as the feasibility of storing data, effective data management from all types of chromatography instruments, and the ability to retrieve data from any place when required contribute to the growth of this segment.
By End User
- The pharmaceutical & biotechnology industries segment is expected to account for the largest share of the chromatography data systems market.
- Pharmaceutical and biopharmaceutical companies have witnessed significant growth in recent years due to the increasing demand for pharmaceutical products, growing incidence & prevalence of various chronic diseases, and rising unmet medical needs in various chronic & rare diseases.
- Moreover, governments of various countries are taking initiatives by making investments and providing grants & funds to pharmaceutical and biopharmaceutical companies for the manufacture and R&D of biopharmaceuticals.
- Furthermore, the high usage of chromatography systems in the expanding pharmaceutical industries also supports the large market share of this segment.
Geographic analysis
Asia-Pacific
Fastest growthThe growth of this market is mainly driven by the considerable scope in the pharmaceutical & biotechnological industries leading to increasing R&D activities. Also, improvements in the healthcare infrastructure in the region, the increasing focus of Asia-Pacific countries on implementing food quality regulations, and the rising demand for advanced chromatography techniques contribute to the growth of this market. Asia-Pacific: Fastest-growing Regional Market
Competitive landscape
- Advanced Chemistry Development, Inc. · Canada
- Shimadzu Corporation · Japan
- Agilent Technologies, Inc. (U.S.)
- Bio-Rad Laboratories, Inc. (U.S.)
- Waters Corporation (U.S.)
- DataApex
- Gilson, Inc. (U.S.)
- JASCO (U.S.)
- Thermo Fisher Scientific Inc. (U.S.)
- PerkinElmer, Inc. (U.S.)
- KNAUER Wissenschaftliche Geräte GmbH · Germany
- SCION Instruments NL BV · Netherlands
- Justice Innovations Inc. (U.S.)
Frequently asked questions
The chromatography data systems market study covers the market sizes & forecasts for various chromatography data systems used in various sectors. The report includes the value analysis of various segments of the chromatography data systems market at the regional and country levels.
Cite this report
Meticulous Research. (2023). Chromatography Data Systems Market - Global Opportunity Analysis and Industry Forecast (2023-2030) (Report No. MRHC - 104135). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/chromatography-data-systems-market-2933