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London, United Kingdom, 2014/04/08 - The market is growing at a CAGR of 5.55 percent from 2014-2018, with most of the growth being encouraged by demand for biopharmaceuticals - TechNavio.com.
TechNavio, the independent tech-focused global research firm, reports that the Global Liquid Chromatography Systems Market is facing some serious challenges, but ever-increasing demands for biopharmaceuticals will contribute to market growth over the next four years.
Liquid chromatography is an analytical technique used to separate and identify components in a solution. This technique is routinely used by pharmaceutical companies as a purification technique for the commercial production of biopharmaceuticals.
The increase in the development of new biological therapeutic entities for addressing various complications and illnesses has paved the way for the rapid growth in pharmaceutical and biological research.
“Many research institutions require fast purification systems, and liquid chromatography systems allow robust, quick, and reliable solutions for the purification of biological and chemical entities that mandates their use in such research. Therefore, the increase in pharmaceutical and biological research will increase the adoption of liquid chromatography systems, which in turn will boost the growth of the Global Liquid Chromatography Systems market during the forecast period,” says Faisal Ghaus, Vice President of TechNavio research.
Increased demand for biopharmaceuticals recently has necessitated the use of chromatographic systems with rapid purification features. This demand has led to a high adoption rate of automated chromatographic systems by research labs and large commercial ventures alike, resulting in the growth of the Global Liquid Chromatography Systems market.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Liquid Chromatography Systems Market please send an e-mail to media [at] TechNavio.com
TechNavio (technavio.com) is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Liquid Chromatography Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.