Chiral Chromatography Column Market - Technological Advancements in Chromatography Instruments

Research Methodologies Followed for This Study:

Secondary Research:

This research study involved the use of extensive secondary sources, directories, and databases, such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the chiral chromatography column market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

The Chiral Column Chromatography Technique Market comprises several stakeholders, such as end-product manufacturers, raw material providers, and end-users in the supply chain. The demand-side of this market is characterized by its end-users, such as pharmaceutical and biotechnology companies, academic institutes, food & beverage manufacturers, hospital & disgnostic clinics, and environmental testing laboratories among others. The supply-side is characterized by raw material providers, integrators, and others. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

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Overview of This Study:

This study involved four major activities in estimating the current size of the chiral chromatography column market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and market sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the total market size. After that, the market breakdown and data triangulation were done to determine the market size of the segments and sub-segments.

Revenue Growth Projections:

The chiral chromatography column market size is projected to grow from an estimated USD 99 million 2020 to USD 123 million by 2025, at a CAGR of 4.5% during the forecast period. Market growth is driven largely by factors, such as increasing R&D investments in the pharmaceutical and biotechnology industry, and increasing importance of chromatography tests for drug approvals. Moreover, growth opportunities in emerging countries as well as green chromatography are expected to present avenues of growth for market players.

Market Size Estimation:

Both top-down and bottom-up approaches have been used to estimate and validate the size of the Chiral Column Chromatography Technique Market and its dependent submarkets. These methods were also used extensively to determine the extent of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

# The key players in the industry and demand have been identified through extensive secondary research, and their market share has been determined through both primary and secondary research.

# The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.

# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation:

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the whole market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the end-use industries.

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Opportunities: Growth opportunities in emerging countries

Many developing economies, such as India, China, Brazil, Russia, Taiwan, and South Korea, offer high-growth opportunities for major market players in the life science instrumentation market owing to the increasing growth opportunities for analytical instruments. Although the adoption of advanced technologies is low in developing countries, their huge population base and increasing research activities, especially in India and China, are expected to offer a sustainable market for life science instruments. Furthermore, with the increasing number of greenfield projects and rising capital expenditure on infrastructure development, these countries are offering potential growth avenues for market players

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