Market Definition: Liquid Chromatography Devices Market
Liquid chromatography devices are used in analytical chemistry for separation, identification and quantification of components in a mixture. The pressurized liquid solvent is passed through the mixture using a pump to separate the components. Liquid chromatography devices are used in manufacturing process of pharmaceutical and biological products, detection of performance of drugs, research laboratories and for medical applications.
Major Market Drivers and Restraints:
Increasing investments in R&D by the companies
Advantages of liquid chromatography in providing accurate results
Increasing awareness and importance of liquid chromatography tests in various drug approvals
High initial investments
Market Segmentation: Liquid Chromatography Devices Market
By Type the market for liquid chromatography devices is segmented into normal-phase liquid chromatography, reversed-phase liquid chromatography, ion exchange chromatography, size exclusion liquid chromatography.
By application the liquid chromatography devices market is segmented into biomedical analysis, food product analysis, oils and fats analysis, others. On the basis of end-users the liquid chromatography devices market is segmented into Research Laboratories, Diagnostics Centers, Forensic, Others. Research laboratories are further segments into clinical research laboratories, food safety laboratories.
Competitive Analysis: Liquid Chromatography Devices Market
The liquid chromatography devices market is highly fragmented and is based on new product launches. Hence the major players have used various strategies such as new product launches, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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Major Market Competitors: Liquid Chromatography Devices Market
Some of the major players operating in liquid chromatography devices market are Waters Corporation, Agilent Technologies, Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., GE Healthcare, Perkinelmer, Inc., Bio-Rad Laboratories, Inc., Gilson, Inc., Phenomenex, Inc., Jasco, Inc. among others.
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