Chromatography Instruments Market : Opportunities and Challenges

October 24 18:10 2019
Chromatography Instruments Market : Opportunities and Challenges

Major players in the market include Agilent Technologies, Inc. (U.S.), Waters Corporation (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific Inc. (U.S.), and PerkinElmer Inc. (U.S.).
Chromatography instruments have witnessed significant technological advancements in recent years. The proper usage of chromatography equipment requires expertise with relevant experience and knowledge of chromatography.

The global Chromatography Instruments Market is projected to be valued at USD 7.86 billion in 2017 and is expected to grow at a CAGR of 6.9% to reach to USD 10.99 billion by 2022, as per a report by MarketsandMarkets. 

How growing proteomics and genomics market presents an opportunity?

In recent years, chromatography has become the preferred separation technique in the field of proteomics as compared to the earlier separation method of 2D gel electrophoresis. This is because electrophoresis has limited efficiency, with a capacity to purify only a small amount of proteins. In recent years, governments in various countries have made significant investments in the field of genomics. For instance, The Precision Medicine Initiative was launched in January 2015 and has since provided USD 215 million to various research institutions in the U.S., including the National Institutes of Health (NIH), the Food and Drug Administration (FDA), and the Office of the National Coordinator for Health Information Technology (ONC). Through this initiative, the National Cancer Institute received USD 70 million for the use of genome editing in oncology research. The growth of the genomics and proteomics market is therefore expected to impact the growth of the chromatography instruments market positively.

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Why dearth of skilled professionals is a challenge?

Chromatography instruments have witnessed significant technological advancements in recent years. The proper usage of chromatography equipment requires expertise with relevant experience and knowledge of chromatography. An inconsistent column packing can result in low purity levels and product yield, which in turn impacts the quality of the final result. The selection of the right chromatography technique (specific to a given task) plays a crucial role in gaining valuable results. The lack of knowledge regarding the right choice of technique not only affects the end results of operations but also incurs several direct and indirect expenses for end users.

Currently, there is a significant dearth of skilled personnel for method development, validation, operation, and troubleshooting activities, which is expected to restrain the growth of the chromatography market to a certain extent in the coming years. As per an article in the Science in the City newsletter, Canada’s fast-growing biotech sector will face a shortage of 220,000 workers by 2020. Moreover, India averages about 4 full-time researchers per 10,000 people in the labor force and have only 25 full-time directors for the 38 national laboratories that are part of the CSIR (Council of Scientific and Industrial Research).

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