Chiral Chromatography Columns Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The major factors attributing to the growth of the chiral chromatography columns market are the increasing applications of chiral chromatography in pharmaceutical and biotechnology and in other industries. Higher government expenditure, funding, and subsidies have encouraged pharmaceutical and biotechnology industries to use the advanced chromatographic method that is propelling the market growth.
In addition, the rising importance of chromatography studies in approval of drugs and heavy investment in research and development by life science firms which are playing key roles in taking the chiral chromatography columns market to the next level, among them one is on-going developments related to chiral chromatography columns and its technology which are expected to further drive the growth of global chiral chromatography columns market.
The pre-packed column is expected to dominate the market over the forecast period, attributed to augmenting demand for analytical volumes in industries and laboratories. Virus titer reduced testing, increased demand for antibody purification and vaccines, and recombinant proteins have surged the pre-packaged column chromatography market.
Cost-effective purification and process development of biological drugs are also attributed to the growth of this segment. Another main factor affecting the dynamics of the industry is the fast growth of the pharmaceutical, biotechnology, proteomics & life science market.
North America is expected to dominate the overall chiral chromatography columns market, throughout the forecast period. This is owing to factors such as the extension of both the international pharmaceutical and biotechnology industries are among the major factors.
In North America region, the United States holds the largest market share owing to the different factors such as novel advancements, a significant rise in unique product launch and an increasing number of chromatography-related conferences that are driving chromatography market growth.
The chiral chromatography columns market is moderately competitive and consists of major players. In terms of market share, few of the major players are currently dominating the market. Ans some prominent players are vigorously making acquisitions and new product launches with the other companies to consolidate their market positions across the globe. Some of the companies which are currently dominating the market are Merck, Shimadzu Corporation, Daicel Corporation, Thermo Fisher Scientific, Inc., and Agilent Technologies.