The Global Chromatography Software Industry, a key driver in the analytical sciences field, is poised for significant growth, according to a recent market analysis. Currently valued at US$1.1 billion in 2023, the market is projected to experience a remarkable ascent, reaching an impressive US$3.2 billion by 2033. This translates to a Compound Annual Growth Rate of 11.3% which signifies a period of substantial expansion.
This substantial surge underscores the widespread adoption of chromatography techniques across diverse sectors, including the chemical and pharmaceutical industries, environmental testing labs, the food sector, and forensic science applications.
At the heart of this exponential growth lies the indispensable role played by chromatography software. Serving as the linchpin for precise and efficient separation and analysis of chemical compounds, these software solutions address the pressing needs of industries in an era marked by stringent quality control and an ever-growing demand for accurate results
Gas Chromatography Columns with Constant Development for Petrochemical Applications
Gas chromatography is one of the most widely utilized analytical procedures in the petroleum industry. This is because of its great susceptibility to volatile components. The use of specialized gas chromatography columns in petroleum analysis is increasing, with industry expectations for enhanced columns that improve overall analytical performance and chromatographic efficiency.
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Pricey Chromatography Tools
Chromatography instruments are expensive since they contain numerous innovative capabilities and features. However, the price of these instruments varies depending on the application. These instruments are widely used in the pharmaceutical industry because they use capillary columns to separate chemicals such as hydrogen, oxygen, and methane.
Small and medium-sized businesses in industries such as food and beverage, oil and gas, biotech and pharmaceutical, and research and academic institutions are requesting more of these systems for their procedures. As a result, the amount of money spent on such systems has expanded significantly.
Key Takeaways from the Global Chromatography Software Industry
- The Global Chromatography Software Industry is expected to record a CAGR of 11.3% during the forecast period 2023 to 2033.
- Configurable interface and user-friendly software, as well as increased demand for laboratory automation, are key drivers driving the chromatography software market
- North America dominated the market for the chromatography software market.
- From 2023 to 2033, the web and cloud-based software sector led the market, accounting for 10.8% of total revenue.
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Key Development in the Global Chromatography Software Industry
- January 2022 – The United States Food and Drug Administration (FDA) increased the Waters Corporation Empower Chromatography Data Software (CDS) deployment to service its five field scientific laboratories. This deployment may complement the chromatography data system’s unique product portfolio and boost the company’s existing product line, opening a new market potential for designing highly effective solutions for gathering, processing, and reporting data from various measuring devices.
- May 2021 – Waters Corporation struck an agreement with SCIEX, a global leader in life science analytical technology. Customers who acquire and implement SCIEX mass spectrometry (MS) systems will receive Waters Ultra-Performance Liquid Chromatography instruments that are fully set up and compatible.
- August 2018 – Agilent Technologies announced the release of a new version of their chromatography data programmer, allowing laboratories to upload documents in the Allotrope Data Format (ADF), an advanced standard developed by a group of pharmaceutical companies. This strategic approach aided the organization in gaining a competitive advantage and strengthening its market position.
Global Chromatography Software Industry Key Segment
By Device Type:
- Standalone
- Integrated
By Deployment Type:
- On-premise
- Web & Cloud-based
By Application:
- Pharmaceutical Industry
- Forensic Testing
- Environmental Testing
- Food Industry
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Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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