The European high-performance liquid chromatography (HPLC) market is estimated to grow at a CAGR of 3.8% during the forecast period owing to the significant growth in clinical research coupled with the rising demand for HPLC systems in clinical development. Moreover, Europe consists of some of the top pharmaceutical companies such as GlaxoSmithKline PLC, Boehringer Ingelheim GmbH, and Evotec AG that are investing in R&D significantly. These manufacturers are also involved in contract-based research services. The rise in R&D investment by these market players would significantly contribute to the growth of the European HPLC market. Furthermore, the European market for HPLC is further classified on the basis of product type and technology.
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Based on the product type, the market is further classified into consumables, instruments, accessories. The consumables segment is estimated to hold a significant growth in the European HPLC market owing to the growing application of consumables in clinical research applications. Based on the application, the European HPLC market is further segmented into diagnostics, clinical research, forensics, and others. The clinical research segment is estimated to grow at a considerable CAGR during the forecast. On the basis of a geographical standpoint, the European HPLC market is further segregated into UK, Germany, France, Italy, Spain, and the Rest of Europe. Among, geography the UK is projected to have a considerable share in the European HPLC market.
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European HPLC Market Segmentation
By Product Type
- Consumables
- Instruments
- Accessories
By Application
- Diagnostics
- Clinical Research
- Forensics
- Others (Testing)
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