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Global chromatography reagents market: $7.6 billion industry by 2018

Press Release   •   Aug 20, 2013 11:55 BST

The global chromatography reagents market is suggested to have reached a value of around $4.6 billion at the beginning of 2013, and is forecast to grow to a total of $7.6 billion by 2018. This suggests a CAGR growth rate of around 10.6% between 2013 and 2018.

North America is the largest chromatography reagents market. The large size of the North American chromatography reagents market can be attributed to augmented research activities for the development of drugs and biologics, increasing number of conferences, and growth in government investments.

Increasing conferences on chromatography in Singapore and Malaysia; expansion of chromatography companies in China, India, Singapore, Vietnam, and Japan; prominent pharmaceutical companies outsourcing their drug discovery and development services to Asian (especially in China and India)are the factors that are fuelling the demand for separation services and chromatography reagents in Asia.

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