HPLC Market Worldwide is Worth More than $ 2.5 Billion

Background
HPLC 's commercial run started in the 1960s. Within a time span of 4 and a half decades HPLC growth has been phenomenal. It is now a mature market with countless applications in a diverse range of industries. Liquid Chromatography is now emerged as a workhorse technology in critical sectors like life sciences, environmental enginnering, pharmaceuticals, R&D, food and beverage and industrial chemicals whether used alone or in tandem with other high performance technologies. High Performance Liquid Chromatography( HPLC ) is a vey useful technique for perfectly seggregating, quantifiying as well as characterizing the constituents of complex chemical mixtures.

Modern HPLC devices can analyze almost all the varieties of biological compounds this includes small molecules which can be quarantined or synthesized.

Global Segmentation of HPLC Market
By 2010 the global market for HPLC systems & accessories is projected to cross the $3.0 billion mark. Th market is growing anually at a healthy rate of 8 to 10 %. The major markets for HPLC is United States and Europe which collectively accounts for nearly 70% of the global share. According to a rough estimate, worldwide there is current use of around 230,000 HPLC devices. In Europe alone there is use of nearly 80,000 of such devices.

In the United States HPLC Columns market sales for the current year is estimated at $303 million. Among European nations, Germany counts as one of the top producer and consumer of analytical instrumentation and laboratory equipment. German bioanalytical, chemical and pharmaceutical industries employ HPLC technique. Germany's HPLC sample injectors market is pegged at $45 million for the current year.

It is worthwhile to note that the emerging Asia-Pacific region market is projected to record the fastest growth. A CAGR( compound annual growth rate ) of 7.5% is projected over the period from 2000to 2015. In South Asia, Indian HPLC market is expected to witness a rapid growth. This upsurge is propelled by an increase in the activities related to life sciences research. By 2010, HPLC pumps market in the Asia- Pacific region is estimated to reach the figure of $79 million

Key Drivers for the HPLC market
As already stated HPLC market is relatively mature. In ther near future growth in this sector is expected to be sustained by the replacement sector, continual technology refinement and improvements, instead of new product developments. Technology refinements include automation of devices, software improvement, accurate and high speed analysis with the advent of improvised LCMS systems.
Pharmaceutical industry which currently accounts for 35 percent of all the HPLC instruments used would continue to be the biggest end-use market. With the introduction newer, fast LC systems is re-energizing the HPLC market. Fast LC systems with excellent resolution, high sensitivity and enhanced throughput are offering numerous advantages to research laboratories. Thses Fast LC systems are creating avenues which could be critical for reputed vendors as well as for newcomers or other industry participants.