The high-performance liquid chromatography (HPLC) market will register a CAGR of almost 5% by 2023

Tuesday, February 26, 2019 General News
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NEW YORK, Feb. 25, 2019 /PRNewswire/ -- About this marketSeveral private and government stakeholders are investing

heavily in R&D activities in the healthcare sector. This is mainly to launch products with innovative new technologies in the field of HPLC and to increase the potential of the healthcare industry. Pharmaceutical companies are opting for HPLC for
sample testing and analysis. This technique is used to identify potential ingredients for manufacturing drugs. The increasing investments are enabling vendors to develop and manufacture more innovative HPLC products. This is driving the demand among end-users and leading to the rapid growth of the global high-performance liquid chromatography (HPLC) market. Technavio's analysts have predicted that the high-performance liquid chromatography (HPLC) market will register a CAGR of almost 5% by 2023.Read the full report: Market OverviewHigh specificity, sensitivity, and accuracy of HPLCThe adoption of HPLC has been increasing in the healthcare sector due to the high specificity, sensitivity, and accuracy of HPLC among other techniques such as GC. Furthermore, the availability of different types of columns for use during HPLC analysis aids in the successful analysis of analytes in biological fluids. These benefits are driving the adoption of HPLC. This is expected to have a positive impact on the healthcare industry.High cost of HPLC instrumentsThe high cost of HPLC instruments is a factor that restricts the market growth. The development of HPLC instruments includes the addition of automation features and data analysis software, which is expensive. The high cost of these instruments makes them unaffordable for small research laboratories. Therefore, the high cost of HPLC instruments, including systems, detectors, and pumps, hinders the growth of the global high-performance liquid chromatography (HPLC) market.For the detailed list of factors that will drive and challenge the growth of the high-performance liquid chromatography (HPLC) market during the 2019-2023, view our report.Competitive LandscapeThe market appears to be fairly fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.Read the full report: About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: US: (339)-368-6001 Intl: +1 339-368-6001

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