European High Performance Liquid Chromatography (HPLC) Market to Grow at a CAGR of 4.4% Through 2026 Companies in the High Performance Liquid Chromatography Market are facing issues in keeping their production facilities fully functional due to shortage of staff and resources amidst the COVID-19 (Coronavirus) outbreak. Get a hands-on over key drivers and threats to the High Performance Liquid Chromatography Market to make your company future-ready post the pandemic. Avails out reports for exciting prices to learn new opportunities that companies can capitalize on during and after the Coronavirus crisis. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4791 This wide array of applications are anticipated to bolster prospects for the global high performance liquid chromatography market during the forecast period (2020-2026). Anticipated CAGR during this period is pegged at 5.4%. High Performance Liquid Chromatography (HPLC) is a highly sophisticated and an expensive technique, used to separate and identify various compounds in liquids and tissues. HPLC techniques have been widely used in food processing, clinical diagnosis and forensic sciences. The technique is commonly used for drug analysis, separation of molecules and environmental control. The recent COVID-19 pandemic is poised to moderately impact testing volumes due to a number of the key companies’ employees practicing social distancing. Nevertheless, overall growth prospects shall remain positive. For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4791 Key Takeaways of Global HPLC Market Study:
By product type, the instruments segment is poised to be leveraged the maximum in the global HPLC market. This is attributed to the reduction in the usage of detectors and pumps in favor of more accurate and precise instruments. The segment is anticipated to capture more than 2/5th of the overall market. By end-users, pharmaceutical & biotechnology industry and diagnostic laboratories segments shall grow at a CAGR of 5.7% each, burgeoned by increased government initiatives to fund small-scale industries and entry of existing market players and the rising prevalence of chronic diseases. The food and beverage industry shall expand rapidly, owing to the increasing demand for nutritious food and better packaging. The segment is poised to expand 1.4x, capturing more than 1/5th of the global HPLC market. By region, Europe is anticipated to capture nearly one-third of the global HPLC market, growing at a CAGR of 4.4%. Increasing investments by key players in the pharmaceutical and biotechnology industry, as well as government intervention in the field of environmental control and food safety is poised to leverage the region’s growth. Asia-Pacific shows promising growth prospects. This is attributed to increasing investments by key players in clinical research and development of new drugs to provide innovative treatment options. A CAGR of 5.3% is predicted for the region.
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4791 Global HPLC Market: Research and Development Initiatives to Define Competition Landscape