Chromatography Pumps Market: Introduction
- Chromatography pump is an associated equipment of overall chromatography system. These pumps are used to pass a pressurized liquid solvent containing the sample mixture through a column filled with a solid adsorbent material, leading to the separation of the sample components. Increasing food safety concerns, rising use of chromatography tests in the drug approval process, and growing demand for technologically advanced chromatography techniques are driving the market.
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Key Drivers and Restraints of Global Chromatography Pumps Market
- Growing importance of chromatography tests in the drug approval process and increase in food safety concerns drive the market. Technological advancements have enabled use of chromatography and chromatography/mass spectrometry instruments to test the identity, strength, purity, quality, and potency of a drug product. Such data is required by the Food and Drug Administration (FDA) for the approval of drugs. Thus, rise in demand for chromatography technique for drug approval and food safety process is increasing the requirement of chromatography pumps, thereby driving the market.
- High cost of chromatography equipment may hamper the market growth in the near future. Prices may vary from US$ 2000 to US$ 13,500 or more. These high costs may restrain the market revenue by opting for purification techniques other than chromatography.
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Constant flow pump Segment Witness Highest Growth
- Based on type, the global chromatography pumps market can be divided into: Pressure Pump, Constant Flow Pump, and Syringe Pump
- Constant flow pump or reciprocating pump is majorly used in chromatography system. The pump has the advantages of small solvent chamber volume (35-400 mL), high output pressure (up to 10,000 psi), ready for use in gradient elution, constant flow rate which is independent of column back pressure, and solvent viscosity. All these factors boost the demand for constant flow pumps in chromatography systems.
Liquid Chromatography to Dominate Global Chromatography Pumps Market
- Based on application, the global chromatography pumps market can be divided into: Liquid Chromatography, Supercritical Fluid Chromatography, and Others
- Liquid chromatography dominated the market in terms of revenue in 2019. Liquid chromatography includes high-performance liquid chromatography, ultra-high performance liquid chromatography, medium-pressure liquid chromatography systems, and flash chromatography systems. Rise in demand for these types of liquid chromatography in various industries helps increase the market demand for pumps associated with all these chromatography systems.
Biotechnology & Pharmaceutical Industries Segment to Witness Highest Growth
- Based on industry, the global chromatography pumps market can be divided into: Biotechnology & Pharmaceutical industries, Food & Nutraceutical industries, Academic Research Laboratories and others.
- The biotechnology & Pharmaceutical industries segment generated largest revenue in 2019 and it is expected to grow at the highest CAGR during the forecast period. Demand for chromatography in new drug production and approval process is expected to boost the segment growth. According to an article published in VertMarkets, Inc. in 2019, new drug approvals are on the way up, as the FDA approved 11 percent more innovative therapies in 2018 compared to the previous year. Increasing focus on usage of LC-MS in the pharmaceutical industry to provide quantitative measurements of active drugs and metabolites fuels the biotechnology & pharmaceutical industries growth.
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North America to Dominate Global Chromatography Pumps Market
- In terms of region, the global chromatography pumps market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- In terms of revenue, North America dominated the chromatography pumps market followed by Europe. Increasing research and development funds and activities done by various companies in this region are boosting the market growth. Furthermore, rising investments by government and companies in food & nutraceutical industries and biotechnology & pharmaceutical industries in Canada fuel the market revenue of North America. According to Ontario Canada news, about 56% of pharmaceutical companies in Canada invested in R&D in 2019.
- Factors such as rise in importance of food safety in the U.K. and increase in R&D expenditure in the pharmaceutical industry in other countries in Europe are expected to fuel the adoption of chromatography instruments in countries in Europe. As per a survey conducted in more than 1800 companies in five countries by the International Trade Commission in 2019, food retailers in Germany, France, Italy, and the Netherlands, are finding growing consumer demand for sustainability sourced products.
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Key Manufacturers Operating in Market
The global chromatography pumps market was highly fragmented in 2018. Key manufacturers operating in the global market are:
- Sykam GmbH
- Spark Holland B.V.
- Asynt Ltd.
- GIBNIK ANALYTICAL SOLUTIONS, S.L.
- JASCO
- KNAUER Wissenschaftliche Geräte GmbH
- Gilson
- Angstrom Advanced Inc.
- Thermo Fisher Scientific
- Agilent
- Shimadzu Corporation
- Waters
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