The North American high-performance liquid chromatography (HPLC) market is estimated to grow at a CAGR of 4.6% during the forecast period. The factors that are contributing to the growth of the market include the rising investment by the government for clinical research and drug discovery, growing demand for HPLC in R&D activities, and others. Moreover, the technological advancements in the HPLC techniques such as the introduction of highly sensitive and accurate HPLC systems further provide a significant opportunity to the market. Furthermore, the North American 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 North American HPLC market owing to the growing application of consumables in clinical research applications. Based on the application, the North American 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 North American HPLC market is further segregated into the US and Canada. Among, geography the US is projected to have a considerable share in the North American HPLC market.
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North American HPLC Market Segmentation
By Product Type
- Consumables
- Instruments
- Accessories
By Application
- Diagnostics
- Clinical Research
- Forensics
- Others (Testing)
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