Market Trends of High-Performance Liquid Chromatography (HPLC) Industry
The Consumables Segment is Expected to Hold a Significant Share in the High-Performance Liquid Chromatography (HPLC) Market
HPLC consumables are the columns, reagents, tubes, and other products used for high-performance liquid chromatography techniques. Due to the advancements in column technologies and pumps, the segment is anticipated to grow at significant rates. The pharmaceutical and biopharmaceutical companies manufacturing HPLC systems are expected to grow significantly due to the increasing need to develop new therapeutics to address the growing prevalence of chronic diseases worldwide and increase government expenditure in the research and development of biotechnology.
For instance, according to a study published by Analytical Liquid Chromatography in May 2022, the chromatographic column is essential to HPLC separation. Significant progress has been made in developing columns with better performance to provide better separation, a shorter separation time, resilience to a broader pH range of the mobile phase, longer lifetime, use of lower volumes of the mobile phase, etc. Such advancements in these columns are expected to drive segmental growth.
Recent advances by the market players in researching and developing novel HPLC techniques also add to the market's growth. For instance, in February 2022, Thermo Fisher Scientific launched a new portfolio of high-performance chromatography and mass spectrometry consumables called SureStart, which includes a new collection of caps, vials, inserts, kits, well plates, and mats. This portfolio is compatible with all add-ons and chromatography autosamplers, allowing analysts to use the new portfolio in all systems. Such research and developments in HPLC techniques are expected to propel the market growth during the forecast period.
North America is Expected to Hold a Significant Share in the Market During the Forecast Period
The rise in the adoption of highly advanced techniques and systems in manufacturing high-performance liquid chromatography (HPLC) and the technological advancements made in chromatographic studies is expected to boost the market's growth in North America.
The benefits offered by HPLC, such as accuracy in results during the identification of samples, are anticipated to boost the market growth in the United States. For instance, according to the study published in Molecules Journal in January 2024, researchers are exploring various chromatographic methods, particularly reverse phase (RP), to separate neurotransmitters (NTs) and metabolites, and HPLC facilitates the direct analysis of intracerebral microdialysis samples bypassing the need for complex derivatization. Therefore, the benefits offered by this technique are anticipated to surge the market demand due to the precise detection of intracerebral microdialysis samples.
The launch of innovative HPLC systems by the key market players also adds to the market's growth. For instance, in March 2023, Waters Corporation launched the Alliance iS, an intelligent HPLC System. It is crafted to tackle compliance risks head-on, boasting advanced error detection, troubleshooting capabilities, and a user-friendly interface. When combined with Waters' Empower Chromatography Software and eConnect HPLC Columns, the Alliance iS boosts precision and slashes common errors by a significant 40%. Therefore, such HPLC devices ensure accuracy and help quality control laboratories consistently achieve quality, safety, compliance, and timely delivery goals.
Thus, the increasing necessity for high-performance liquid chromatography (HPLC) and critical initiatives adopted by the market players are anticipated to foster the market during the forecast period.