The research report "Chromatography Instruments Market by Type (Systems, Detectors), Consumables (Columns) and Accessories (Auto-sampler Accessories), Applications (Life science Research, Environmental Testing, Food & Beverage Testing), and Region - Global Forecast to 2022", The chromatography instruments market is expected to reach USD 10.99 Billion by 2022 from an estimated USD 7.86 Billion in 2017, at a CAGR of 6.9%. The key factors driving the growth of this market include the rising food safety concerns, increasing use of chromatography tests in the drug approval process, and growing popularity of hyphenated chromatography techniques. However, the high cost of equipment is likely to restrain the growth of the market during the forecast period.
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Factors such as rising importance of food safety in the U.K., growth of the cosmetics industry in France, and the increase in R&D expenditure in the pharmaceutical industry in the RoE are expected to boost the adoption of chromatography instruments in European countries; generating a significant growth opportunity for the players competing in the global chromatography instruments market during the forecast period.
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