2D chromatography Market Overview:
The global 2D chromatography market is driven by several factors, such as rising R&D investments by biopharmaceutical & biotechnology companies for the development of new biologic drugs. In addition, the increasing applications of 2D chromatography in various industries such as forensic science, life science, food & beverage, and petrochemical further boost the growth of the market. Moreover, rising concerns about environmental protection and food safety are fueling the growth of the 2D chromatography market during the forecast period.
The 2D chromatography market is expected to cross USD 55.40 million by 2027 at a CAGR of 7.4%. On the other hand, the 2D chromatography sector is facing an approaching scarcity of experienced people. Knowledge of various chromatography processes, as well as competency and related experience, are required for proper operation of 2D chromatography equipment. The increasing importance of 2D chromatography techniques in the drug approval process will drive up demand for 2D chromatography devices even further. The number of Contract Manufacturing Organizations (CMOs) entering the market is growing. However, a scarcity of chromatographers is expected to limit market expansion.
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2D chromatography Market Segmentation:
The global 2D chromatography market has been segmented into hardware, services, and connectivity. By application, the market has been segregated into connected medical devices, remote patient monitoring, asset tracking for medical devices, AR/VR, conncetd ambulance and others. The connected medical devices segment is expected to hold a considerable share of the market in 2020 owing to the growing government initiative for promoting digital healthcare.
Based on end user, the global 2D chromatography market has been classified as healthcare providers, healthcare payers and other end users. The healthcare providers segment held the largest market share in 2020, owing to the increasing application of the 5G technology solutions in healthcare.
2D chromatography Market Regional Analysis:
North America accounted for the highest share of the 2D chromatography market in 2020, owing to increased 5G infrastructure investments, technological developments, and altering healthcare practises. Additionally, growing investments in digital health solutions, the adoption of wearable technology in healthcare, and the presence of significant competitors in the region all contribute to the market’s growth. The region’s leading players, including AT&T Inc. (US), Verizon (US), T Mobile USA, Inc. (US), and Cisco Systems, Inc. (US), are expanding their operating footprints, collaborating and partnering, and releasing new products to drive business growth.
The Asia-Pacific 2D chromatography market is predicted to be fueled by increasing modernization of healthcare infrastructure. Consumer expectations, technological improvements, and the limited legacy health infrastructure in Asia-Pacific all contribute to the market’s growth. By combining these characteristics, governments, payers, and providers may be able to reinvent healthcare delivery and management. Rapid demographic shift in the Asia-Pacific area increases the potential demand for healthcare services. Additionally, a lack of high-end infrastructure, budgetary restraints, and a shortage of advanced medical equipment and medical experts all contribute to the market’s growth in Asia-Pacific.
2D chromatography Market Players:
Some of the key players in the global 2D chromatography market are AT&T Inc. (US), Verizon (US), Ericsson (Sweden), T?Mobile USA, Inc. (US), Cisco Systems, Inc. (US), Telit (UK), Orange S.A. (France), Telefónica, S.A. (Spain), SAMSUNG (South Korea), BT Group (UK), NEC Corporatioan (Japan), Qualcomm Technologies, Inc. (US), and NTT Docomo Inc. (Japan).
Among others are some key companies in the global 2D chromatography that are listed by MRFR for market research.
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November 2021
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