Gas chromatography (GC) market size is expected to value at USD 4.3 billion by 2025. The market is subject to witness a substantial growth due to the rising investments by private players and numerous governmental initiatives for development of modern in chromatography technologies. Other factors such as rising healthcare expenditure across developed economies along with increasing collaborations among various chromatography manufacturers and research laboratories are expected to drive market growth in the upcoming years.
Globally,
the gas chromatography market is predicted to grow at CAGR of 6.4 % in forecast
period, providing numerous opportunities for market players to invest in
research and development in the market. Increasing investment by various
regional government around the globe in the chromatography techniques for
separating chemicals in a complex sample is expected to drive the growth of gas
chromatography (GC) industry over the forecast period.
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Recent
advancement in gas chromatography (GC) is attributed to the increasing
investment for research & development from local governments in the North
America region, thereby solidifying market position, in the recent years. For
example, Government of Canada has undertaken various business development
initiative to help organization such as NatrixSeparations, Inc. for development
of innovative product and methodologies in the gas chromatography industry.
Introduction of single use membrane-based chromatography products are driving
demand of gas chromatography (GC) products from for large-scale pharmaceutical
manufactures.
Application
of the gas chromatography (GC) techniques in healthcare sector includes
development & testing of various drugs and biotechnology applications. Some
of the common application of the gas chromatography (GC) in pharmaceutical
sector involves analytical research and development, quality assurance, quality
control, and medicine formulations.
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The
gas chromatography (GC) market is broadly divided into three major types such
as accessories & consumables, instruments, and reagents. The accessories
and consumables is considered as one of the fastest growing segment in the
market with substantial revenue generation in the last couple of years. Growing
popularity of the accessories and consumables segment is attributed to
constantly rising demand for gas chromatography (GC) accessories and their
longer durability.
The
accessories & consumables market segment is also divided into support
fixtures, fittings & tubing, automatic sampler equipment, flow control
accessories, and pressure regulator equipment. The column accessories or
support fixture market sub-segment has witnessed substantial growth due to
increasing adoption in the chromatography columns and various gas
chromatography procedures including purification of proteins, biological
medicine development for resin screening, development of prototype drug,
desalting, and polishing.
Gas
chromatography (GC), also called as vapor phase chromatography (VPC) or
gas–liquid partition chromatography, is a kind of chromatography that is
typically utilized for analyzing chemistry compound to separate and isolate the
chemical substances by vaporizing without decomposition. Frequent application
of the gas chromatography include measuring the purity of a given substance and
isolating the various components from a mixture. Gas chromatography also helps
to determine a particular class of compound.
The
gas chromatography (GC) industry is divided by region as North America, Europe,
Asia-Pacific, Latin America and Africa. North America has shown major growth in
recent years owing to the rise in the implementation of latest technologies in
medicine & pharmaceutical sector, increase in the venture capital funding
and existence of well-established lab testing facilities in the region. Several
developed European economies with promising financial & demographic
landscape and growing focus towards chromatography-based research & studies
are predicted to record comparatively higher CAGR in upcoming years.
Asia-Pacific
region is predicted to hold major market share in the gas chromatography (GC)
market with massive growth in forecast period. Countries such as India, China
and Japan are leading the Asia-Pacific market with rising economic condition,
growing scope for chromatography-based research and significant investment by
leading industry players considering potential growth opportunities in the
region.
The
key players in the gas chromatography (GC) industry are GE Healthcare, Inc.,
Shimadzu Co., Thermo Fisher Scientific Incorporations, Agilent Technologies
Ltd., W. R. Grace & Co., Bio-Rad Laboratories Incorporations, Restek Co.,
PerkinElmer Incorporations, Danaher Co., and DANI Instruments S.p.A.
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