Asia-Pacific high-performance liquid chromatography (HPLC) market is estimated to grow at a CAGR of 5.7% during the forecast period. The market is mainly driven due to rising investment by the government for pharmaceutical R&D, rising clinical research activities in China and Japan. Moreover, the significant growth in the biotechnology sector in China and the growing production of generics and biosimilars in Japan further provide ample opportunity to the market. However, the high cost of HPLC systems and lack of skilled professionals in emerging economies further projected to restrain the market growth during the forecast period. Furthermore, the Asia-Pacific market for HPLC is further classified on the basis of product type and technology.
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 Asia-Pacific HPLC market owing to the growing application of consumables in clinical research applications. Based on the application, the 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 market is further segregated into China, India, Japan, and the Rest of Asia-Pacific. Among, geography China is projected to have a considerable share in the Asia-Pacific HPLC market.
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Asia-Pacific HPLC Market Segmentation
By Product Type
- Consumables
- Instruments
- Accessories
By Application
- Diagnostics
- Clinical Research
- Forensics
- Others (Testing)
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Regional Analysis
- China
- India
- Japan
- South Korea
Rest of Asia-Pacific
Company Profiles
- Agilent Technologies, Inc.
- Hitachi Ltd.
- Merck KGaA
- PerkinElmer Inc.
- Shimadzu Corp.
- Showa Denko K.K.
- Thermo Fisher Scientific Inc.
- Tosoh Corp.
- Trajan Scientific and Medical
- Waters Corp.
- YMC CO., LTD.
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