The Global Chromatography Data Systems market will grow at a CAGR of 7.8% during the forecast period to reach $417.4 million by 2022, according to this latest publication from Meticulous Research®. This is driven by the increasing need for laboratory automation, rising demand for smooth flow of information and analysis in the clinical & life science research laboratories, and growing R&D expenditure in pharmaceutical and food & beverage industry. However, lack of integration standards for laboratory informatics have negatively impacted on the growth of this market and are also expected to restrict the growth to a certain extent during the forecast period.
The global chromatography data systems market is segmented by product (stand-alone software and integrated software), by end-user (academic & research institutes, pharmaceutical & biopharmaceutical industry, biotechnology industry, food & beverage industry, environmental testing, and others), by delivery mode (web-based, on-premises, and cloud-based), and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
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North America holds the major share in the global chromatography data systems market, followed by Europe and Asia-Pacific region. However, Asia-Pacific region possesses lucrative growth potential for the global chromatography data systems market during the forecast period. This is mainly attributed to the rising in R&D investments in this region by various government agencies and leading pharmaceutical manufacturers and growing food and beverage industry.
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The key players operating in the global chromatography data systems market are Advanced Chemistry Development, Inc. (Canada), Agilent Technologies (U.S.), Bio-Rad Laboratories Inc.(U.S.), Bruker Corporation (U.S.), DataApex (Czech Republic), Gilson Inc. (U.S.), Jasco, Inc. (U.S.),Justice Laboratory Software (U.S.), Perkin Elmer (U.S.), Shimadzu Corporation (Japan), Sri Instruments (U.S.), Thermo Fisher Scientific (U.S.), and Waters Corporation (U.S.).
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