Gas chromatograph: Key market research findings
- Increased adoption in drug testing to drive market growth
- Americas to dominate the market geographically
- Key vendors – Agilent Technologies, DANI Instruments, PerkinElmer, Phenomenex, Restek, Shimadzu, Sigma-Aldrich, Thermo Fisher Scientific, and WR Grace Company
Technavio’s market research analysts predict the global gas chromatograph market to grow at a CAGR of over 5% between 2016 and 2020. The increasing adoption of gas chromatographs for drug testing is the fundamental driving force behind the growth of this market. Drug testing involves the evaluation of blood, urine, or other types of biological samples to analyze the presence of a particular kind of drug in the person’s system. Drug screening program involves a two-step process, initial and confirmatory testing. Initial testing is carried out through immunoassays, which function as a detection method. A gas chromatograph-mass spectrometer (GC-MS) is used for confirmatory testing to detect individual drug substances or metabolites as well as to quantify the amount of the substance owing to its specific nature. At present, the Americas occupy more than 44% of the total market space to dominate the global gas chromatograph market. The presence of prominent vendors such as Agilent Technologies, Thermo Fisher Scientific, Phenomenex, WR Grace, and PerkinElmer and opportunities in the pharmaceuticals market in this region will lead to the strong growth of this market during the estimated period.
The new market research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“There is an ongoing upsurge in the adoption of GC-MS in the market as it helps in drug detection, fire investigation, explosives investigation, environmental analysis, and identification of unknown samples. GC-MS is also made use of in airport security to detect substances in the luggage of travelers. It also has the capability to identify trace elements in materials that are disintegrated beyond identification. Moreover, GC-MS analysis can work on solids, liquids, and gasses,” says Sunil Kumar Singh, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The rise in the need for food safety has triggered an increase in the adoption of gas chromatographs for food analysis. It is used to determine food composition, discover nutritional needs, improve food quality, and introduce novel foods. Gas chromatograph helps measure organic contaminants that occur at low concentrations in complex food samples. Furthermore, scientific discoveries made with the aid of gas chromatographs in agricultural and food sciences are contributing to the production of nutritional food products that can improve health and life expectancy.
The key vendors in the market include Agilent Technologies, DANI Instruments, PerkinElmer, Phenomenex, Restek, Shimadzu, Sigma-Aldrich, Thermo Fisher Scientific, and WR Grace Company. The global gas chromatograph market is characterized by the presence of a few established vendors. To survive and thrive in this market, every vendor has to adopt a specific strategy. While Agilent focuses on pricing products competitively, Thermo Fisher is into mergers and acquisitions. Similarly, Shimadzu is working hard to establish itself in emerging markets. The adoption of such strategies will help vendors to bolster their hold over the market and augment market shares until the end of 2020.
A more detailed analysis is available in the Technavio report, Global Gas Chromatograph Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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