High-Performance Liquid Chromatography Market - Global Market Analysis, Trends, Opportunity and Forecast, 2024-2033

High-Performance Liquid Chromatography Market Overview

High-Performance Liquid Chromatography is a powerful analytical technique to separate, identify, and quantify components in a mixture. A sample mixture is passed through a chromatographic column packed with a stationary phase. It is called the chromatography method. HPLC is widely used in various fields, including pharmaceuticals, biotechnology, environmental analysis, food & beverage testing, forensics, and research laboratories. It provides high sensitivity, resolution, and reproducibility. Many industries use this analytical technique as a quality control tool. According to the National Library of Medicine, chromatography helps accurately separate, identify, and quantify compounds in patient samples, enabling diagnostic, therapeutic, and research applications in healthcare. Further, the COVID-19 pandemic is a significant growth time for the global market of Chromatography instrumentation and Chromatography consumables and the adoption of Chromatography in various drug research and development. Diagnostics plays a vital role in market expansion, as the increasing utilisation of Chromatography techniques in drug discovery and other applications is expected to help in the growth of high-performance liquid chromatography market. Agilent Technologies Inc., Bio-Rad Laboratories Inc., Gilson Incorporated, Hamilton Company, Hitachi High-Tech Corporation, and Merck KGaA are the key players in the high-performance liquid chromatography Market.

The global High-Performance Liquid Chromatography market was valued at USD 7.5 Billion in 2023. The market is expected to expand at a CAGR of 5.4% from 2024-2033 and is expected to cross value of USD 11.2 Billion by the end of 2033.

Japan High-Performance Liquid Chromatography Market Overview

Japan has the most prominent and advanced pharmaceutical and biotechnology industries. Japan is focused on innovation and drug development. The country is focused on precision medicine and personalised healthcare to improve treatment outcomes. This is a driving growth factor for the Japanese market. HPLC-based precise quantification of biomarkers, disease-related molecules, and therapeutic drugs supports personalised treatment strategies and pharmacogenomic profiling in clinical. It has a wide research and development program focusing primarily on material science, nanotechnology, and biodiesel.  The Japanese government supports technological advancement in the biotech and pharmaceutical sectors and has invested 132.2 billion in the R&D sector in biotechnology. Government support and instillation are the growth drivers for the high-performance liquid chromatography market in Japan. Shimadzu Corporation, Tosoh Corporation, Mitsubishi, Ogawa, Shimadzu Corporation, and YMC Co., Ltd are key players in Japan's High-Performance Liquid Chromatography market.

High-Performance Liquid Chromatography Market Drivers – Analyst’s Observation

According to the analysts, some key growth drivers for the High-Performance Liquid Chromatography market are as follows:

Rising Demand from the Pharmaceutical and Biotechnology Sectors: HPLC is an analytical technique which can do precise analyses, accurate quantification, and superior resolution. Pharmaceutical and Biotechnology sectors require such efficient techniques. Moreover, ongoing innovations in HPLC for research & development are boosting the high-performance liquid chromatography market. This investment emphasises the importance of modern analytical techniques such as HPLC in the drug sector. National Institute of Health analytical techniques are used in the pharmaceutical industry to control the quality of RNA-based therapeutics. Furthermore, researchers must use accurate and trustworthy techniques for efficient and accurate reports. Considering this, the high-performance liquid chromatography market will witness growth owing to the rising demand from pharmaceutical & biotechnology.  

Expansion in various Industries: There is a demand for several scientific domains, such as chemistry, biochemistry, and material science—continuous improvements in Chromatography techniques like HPLC. The growing awareness of food quality and safety is dramatically increasing the use of HPLC in food testing. The World Health Organization (WHO) estimates that 600 million people become ill and 420,000 die each year from food poisoning. This increased demand for HPLC systems in the food & beverage industry for product safety. According to the Food and Drug Administration, the drug product manufacturing process may also go through analytical technologies.

Which Probable Factors Could Hamper the High-Performance Liquid Chromatography Market Trend?

As per our analysis, some of the challenges expected to limit the global market growth of High-Performance Liquid Chromatography are as follows:

High Cost of HPLC systems: The high cost of HPLC systems can be a significant obstacle to their development and accessibility; budget constraints can be challenging for analytical Chromatography equipment, especially for small businesses and low-budget research labs. Additionally, ongoing maintenance costs can further strain limited resources, creating barriers to accessibility and usability in laboratories. The high cost can limit the high-performance liquid chromatography market growth in forecasted years. The high initiative budget and regular maintenance and calibration can be expensive. These factors can hinder the high-performance liquid chromatography market.

Technical Complexity: One of these limitations includes the technique's complexity, making it less accessible for smaller key players.  Employee training could also be time-consuming and affect the total cost of analytical gel permeation Chromatography. Furthermore, the lack of advanced Chromatography equipment could be challenging. Therefore, Limited accessibility could hinder the adoption of this market. This can be the most challenging factor for the Global High-Performance Liquid Chromatography Market.

How is the High-Performance Liquid Chromatography Market Segmented?

Our experts have segmented the High-Performance Liquid Chromatography market according to the points mentioned below:

• By Product Type:

• Instruments
• Detectors
• Pumps
• Consumables

• By End-User:

• Pharmaceutical & Biotechnology Industries
• Food & Beverage Industry
• Environmental Testing Labs
• Academic & Research Institutes

• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The timeline considered for all these studies will be:

2023 – Base Year

2024 – Estimated Year

2024-2033 – Forecast Period

What are the Probable Factors Influencing North America Having the Highest Market Share High-Performance Liquid Chromatography Market Forecast?

North America witnessed significant growth in the high-performance liquid chromatography market. The pharmaceutical and biotechnology industries are the key drivers for the North American market. The region is expanding pharmaceuticals, biotechnology, and environmental sciences with advanced technologies. North America has a demand for HPLC in drug discovery, quality control of food, and environmental monitoring. The region is known for its research and development sector, where governments contribute with investments and land. The National Centre for Science and Engineering Statistics, United States, invested USD 789.1 billion in 2021 in the R&D sector. The commercial and academic investment in gel permeation Chromatography is creating an established market for analytical equipment. North America is known for its innovations in analytical instruments. Many key players working in this market are driving its growth. Waters Corporation, Shimadzu Corporation (Japan), Danaher Corporation, Bruker Corporation, Agilent Technologies, Inc., PerkinElmer, Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Gilson, Inc. are some Key players of North America High Power liquid Chromatography Market.

What are the Probable Factors Influencing the Asia Pacific High-Performance Liquid Chromatography Market Forecast?

The Asia Pacific region is experiencing the fastest growth in the High-Performance Liquid Chromatography (HPLC) market. Rapid urbanisation and the large population of this region fuel the market growth. Asia pacific has most developing countries like India, China, Japan, and South Korea. These countries work well in Health care, Pharmaceutical and Biotechnology and will propel in future of the HPLC Market in Asia-Pacific. The growing manufacturing sectors, laboratories, and drug industry are the drivers for this market. As per the Indian Ministry of Health and Family Welfare laboratory network has continuously been strengthened progressively in the last two years, both in terms of testing infrastructure as well as diagnostics. As of November 2022, a total of 1453 government laboratories and 1935 Private Laboratories are conducting COVID-19 Testing. At present India is testing around 2–2.5 lakh samples a day. Conclusively, industrialisation and expanding health care systems are the key drivers for the HPLC market in Asia Pacific.  Hitachi Ltd., Showa Denko K.K., Shimadzu Corp., Tosoh Corp., Waters Corp., and YMC CO., LTD are some key players in this market.

High-Performance Liquid Chromatography Market Key Players

Some key players in the High-Performance Liquid Chromatography market are as follows:

• Merck KGaA
• Bio-Rad Laboratories Inc
• Gilson Inc.
• Thermo Fisher Scientific
• Shimadzu Corporation
• Mitsubishi Chemical Corporation
• Tosoh Corporation
• Danaher Corporation (Cytiva)
• Agilent Technologies Inc.
• PerkinElmer Inc.
• Waters
• Hitachi High-Tech Corporation
• Hamilton Company
• Other key players & Niches

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global High-Performance Liquid Chromatography Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Product Type
      2. By End-User
      3. By Region
5. Market Segmentation by Product Type:
   1. Instruments
   2. Detectors
   3. Pumps
   4. Consumables
6. Market Segmentation by End-User:
   1. Pharmaceutical & Biotechnology Industries
   2. Food & Beverage Industry
   3. Environmental Testing Labs
   4. Academic & Research Institutes
7. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Product Type, and End-User
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Product Type, and End-User
8. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. Merck KGaA
      2. Bio-Rad Laboratories Inc
      3. Gilson Inc.
      4. Thermo Fisher Scientific
      5. Shimadzu Corporation
      6. Mitsubishi Chemical Corporation
      7. Tosoh Corporation
      8. Danaher Corporation (Cytiva)
      9. Agilent Technologies Inc.
      10. PerkinElmer Inc
      11. Waters
      12. Hitachi High-Tech Corporation
      13. Hamilton Company
      14. Others Key players & Niches
9. Strategic Recommendations
10. Appendix
    1. List of Tables                                    
    2. List of Figures
11. References