TechNavio recognizes the following companies as the key players in the Global Chromatography Systems Market: Agilent Technologies Inc., GE Healthcare, Merck & Co. Inc., PerkinElmer Inc., and Thermo Fisher Scientific Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Many global pharmaceutical companies are facing several challenges such as patent expirations and pricing pressures. As a result, these companies are on the lookout for cost- containment measures. For instance, drug manufacturing in APAC countries is less expensive than it is in Western countries. The outsourcing activities include all the stages of the manufacturing process, including the purification of biopharmaceutical and other biochemical entities undertaken by CROs and CMOs. As a result, the APAC region is emerging as the fastest growing region, and many multinational companies and local companies have set up their operations in this region to provide automated chromatographic systems to the CROs and CMOs. Hence, the continuous outsourcing of pharmaceutical production to the APAC region is expected to drive the growth of Global Chromatography Systems market.”
According to the report, one of the major drivers in this market is the advancements in technology. The use of automated instruments with autosamplers for processing large numbers of samples and the use of analyzers with customized system settings have been gaining popularity in recent times. Many companies have adopted automated chromatographic systems to meet the demands of the Life Science industry.
Further, the report states that one of the major challenges in this market is the high cost of the chromatography systems. The reason for this is the cost involved in their design and automated features.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-chromatography-systems-market-201…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Chromatography Systems Market 2014-2018
