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Chromatography Accessories and Consumables Market to Surge at a CAGR of 7.5% by 2023
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Rapid development in the field of analytical technology has resulted in the increased precision of chromatography techniques over the years, thereby fueling the growth of the global chromatography accessories and consumables market. Chromatography techniques find application in industries such as pharmaceuticals, CROs, life science research, oil and gas, food and beverages, forensics, sports Cheap C.J. Mosley Jersey , chemicals, polymers, and medicine.


Segmentation by Product: Solvents, Buffers, and Adsorbents Hold Largest Share


The chromatography accessories and consumables market can be segmented on the basis of product type into columns and column accessories, chromatography mediaresins, chromatography filters, chromatography detectors and accessories Cheap Joe Flacco Jersey , solvents, buffers, and adsorbents, and other accessories and consumables.


Of these, solvents, buffers, and adsorbents have been identified to be the largest and fastest growing product segment of the chromatography accessories and consumables market. Recurring demand from the biopharmaceutical and biotechnology segments for continuing existing operations and rising demand from pharmaceutical and research industries are mainly responsible for the growth of the solvents, buffers Cheap Lamar Jackson Jersey , and adsorbents segment. Columns and column accessories are expected to develop at the second-highest CAGR from 2015 to 2023, according to a report by Transparency Market Research.


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Segmentation by End Users: Pharmaceutical Industry Dominates Global Market


Chromatography accessories and consumables are used in hospitals and diagnostic laboratories, academics and research, food and agriculture, pharmaceuticals, and others. Thanks to factors such as increasing incidence of chronic diseases across the globe, rise in government funding towards research and development activities, and rising drug discovery and development activities Cheap Trace McSorley Jersey , the pharmaceuticals segment held the largest share of the chromatography accessories and consumables market. Revenue-wise, this segment accounted for 34.4% of the market in 2014 and analysts predict that it is likely to retain its leading position through 2023.


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