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The Worldwide Chromatography Instruments Industry is Projected to Reach $11 Billion by 2025
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The global chromatography instruments market is projected to reach USD 11.0 billion by 2025 from USD 8.6 billion in 2020 at a CAGR of 5.1%.
Growth in the chromatography instruments market can be attributed to increasing investments by pharma and biotech companies in R&D activities, growing demand for hyphenated chromatography techniques, and rising adoption of chromatography techniques across various industries. However, the dearth of skilled professionals and high costs of advanced chromatography instruments may restrain market growth.
The COVID-19 pandemic has upended many lives and businesses on an unprecedented scale. The analytical instrumentation sector is facing challenges in its manufacturing and supply chain, such as delivering products to end-users in a timely manner as well as attending