Asia-Pacific HPLC market is projected to grow at a significant CAGR during the forecast period (2020-2026). One of the major factors that further provide significant scope for the HPLC market in the region includes the rising clinical research coupled with rising pharmaceutical R&D. Asia-Pacific consists of numerous emerging economies such as China, India, and Japan among various others. In these economies, there are various research centers that are conducting clinical research for advancement in the technology of cancer treatment. Furthermore, the healthcare expenditure in these countries has also increased from the past years in the region. Owing to which the opportunities for the growth of the market are expected to increase in the coming years.
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Moreover, the growth in the pharmaceutical sector in the region further is boosting research activities for new drugs and various clinical diagnostics solutions that further encourage the demand for HPLC tests and are further expected to contribute to the market growth. The rising adoption of biomarker-driven targeted therapies by Chinese oncologists is contributing substantially to the growth of the market. The government is supporting domestic researches by applying for drug approvals, even without having in-house manufacturing capabilities. The significant position of China in the biotechnology sector further provides scope for the HPLC market. China has emerged as a strong player in the biotechnology sector as a result of large investments by the Chinese government in R&D. Chinese life science sector has progressively grown in the last years as a result of strong R&D and funding that further significantly contributing to the growth of the market.
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Market Coverage
- Study Period- 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segments Covered- By Product Type and by Application
- Regions Covered- China, India, Japan, and Rest of Asia-Pacific
- Key Companies Profiled- Hitachi Ltd., Showa Denko K.K., Shimadzu Corp., Tosoh Corp., Waters Corp., YMC CO., LTD., and others
Key questions addressed by the report
- What is the market growth rate during the forecast period?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and the coming years?
- Recovery Timeline
- Deviation from the pre-COVID-19 forecast
- Most affected region/segment
- Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific HPLC Market – Segmentation
By Product Type
- Consumables
- Instruments
- Accessories
By Application
- Diagnostics
- Clinical Research
- Forensics
- Others (Testing)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
