The Chromatography Accessories & Consumables Market: Rising number of chromatography seminars and conferences that increase awareness regarding new chromatographic techniques are the high impact rendering drivers for the growth of the market.

Published Date: 16/05/2021

The Chromatography Accessories & Consumables Market is estimated to grow at a CAGR of 3.6 % to reach USD 5 billion by 2027 from USD 3.60 billion in 2020. Chromatography techniques are extensively used in metabolomics, proteomics, and genomics. Leading chromatography companies are collaborating with academic institutions to support research activities that make use of chromatography techniques. These companies are supporting several research projects conducted in various universities by providing grants or supplying chromatography products, including consumables and accessories.

Chromatography instruments are typically equipped with advanced features and functionalities and are thus priced at premium rates. In addition, technological advancements, resulting in the introduction of innovative systems, have further increased the cost of these instruments. The cost of an HPLC system ranges from USD 25,000--75,000. Similarly, the cost of one ready-packed HPLC C18 column from a renowned manufacturer is USD 14,000--15,000. Whereas, the average cost of a GC instrument can range from USD 25,000-40,000, and the cost of consumables used for GC can range from USD 1,000-2,500.

Small- & medium-sized companies in the oil & gas, food & beverage, and biotech & pharmaceutical industries, as well as research and academic institutions, require many such systems in their processes. Hence, the capital cost spent on these systems increases significantly. Moreover, academic research laboratories find it difficult to afford such systems, as they have controlled budgets. The maintenance costs and other indirect expenses result in an overall increase in the total cost of ownership of these instruments. This restricts the adoption of chromatographic accessories & consumables among price-sensitive end users, such as research laboratories, academic institutes, and small companies.

Gas chromatography remains the most preferred analytical technique in the petroleum industry due to its high sensitivity for volatile substances. Moreover, advanced gas chromatographic systems have improved technology to detect both finished goods as well as in-process samples. Petroleum analysis makes extensive use of specialized gas chromatography columns, with continuous expectations from the industry for better columns that improve analytical performance and chromatographic efficiency. Ideally, the best separation takes place when the temperature is between 10 and 50 degrees Celsius below the boiling point of the compound for a traditional open tubular capillary column.

Precipitation, high-resolution ultrafiltration, crystallization, high-pressure refolding, charged ultra-filtration membranes, protein crystallization, capillary electrophoresis, aqueous two-phase extraction, three-phase partitioning, monoliths, and membrane chromatography are some of the prominent techniques that are available as alternatives to chromatography. These techniques can be used as alternatives to column chromatography, which is extensively used to manufacture protein therapeutics and also for the separation of monoclonal antibodies. Column chromatography employs a minimum of two steps to manufacture protein therapeutics, which increases the cost.

The market is dominated by a few globally established players such as Agilent Technologies, Inc. (US), Waters Corporation (US), Thermo Fisher Scientific, Inc. (US), Shimadzu Corporation (Japan), and PerkinElmer, Inc. (US). Merck KGaA (Germany), Restek Corporation (US), Bio-Rad Laboratories (US), Scion Instruments (US), DANI Instruments S.p.A. (Italy), GL Sciences (Japan), Valco Company Instruments, Inc. (US), SRI Instruments (US), GE Healthcare (US), JASCO, Inc. (US), Hamilton Company (US), Gilson, Inc. (US), Falcon Analytical Systems & Technologies (US), Chromatotec (France), OI Analytical (US), Centurion Scientific (India), Orochem (US), Trajan Scientific (Australia), Hitachi (Japan), and Phenomenex (US) are some of the other prominent companies in the market.

North America accounted for the largest share of the chromatography accessories and consumables market in 2020. The extensive presence of the drug development regulations in North America and the government spending in the form of funds and grants, direct and indirect financial investments, and increasing metabolomics researches in the U.S. are the major factors attributing for its largest share. However, the Asia Pacific market is expected to propel at a fruitful CAGR during the forecast period owing to the increasing spending of government and the introduction of China's Twelfth Five-Year Plan.