Global Chiral Chromatography Column Market 2017-2021

Overview of the global chiral chromatography column market

According to Technavio’s analyst, the global chiral chromatography column market is anticipated to grow at a steady rate and post a CAGR of more than 5% during the forecast period. The growing importance of chromatography tests for drug approvals will drive the growth prospects for the global chiral chromatography column market until the end of 2021. It has been observed that since enantiomers in a racemate drug may have differences in biological activities such as pharmacology, toxicology, and metabolism, the demand for chiral chromatography tests for drug approval is increasing. For instance, Thalidomide is a sedative drug used for pregnant women and contains chiral carbon, where the enantiomer (-) (S)- thalidomide has an adverse effect on newly born babies causing missing or abnormal arms, legs, or feet. As a result, the necessity for chiral chromatography to separate two or more enantiomers present in the drug increases, which, in turn, will propel the rate of revenue generation in the market.

The increase in proteomics and life science market will drive the growth prospects for the global chiral chromatography column market for the next four years. The growing demand for a chiral column in proteomics drug discovery to separate enantiomers and analyze its therapeutic effects will fuel the market’s growth.

Competitive landscape and key vendors

The global chiral chromatography column market is highly competitive and diversified due to the presence of a large number of regional and international vendors across the globe. It has been observed that these vendors are increasingly competing against each other based on factors such as quality, service, product differentiation, price, market reach, and financial resources. Additionally, product innovations, product or service extensions, and mergers and acquisitions will further intensify the level of competition among the market players. The growth potential of these vendors increasingly depends on factors such as market conditions, government support, and industry development.

Key vendors in this market are -

• Agilent Technologies
• Thermo Fisher Scientific
• Shimadzu
• Merck

Other prominent vendors in the market include BD, Daicel, GE Healthcare, PerkinElmer, Phenomenex, Regis Technologies, Repligen, Tosoh, VWR International, Waters, W.R Grace, and ZirChrom Separations.

Segmentation by end-user and analysis of the chiral chromatography column market

• Life science
• Research institutes

The life science segment accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the market segment's growth is the increase in the number of new drug approvals, drug development initiatives, new research methods, and growth of new therapeutic areas such as immune-related oncology drugs, personalized medicines, stem cells, and biologics. Also, the increasing number of funds allocated by the governments of various countries such as China, India, Singapore, South Korea, and Taiwan in the biotechnology and pharmaceutical sector will further propel the growth potential of this market segment.

Segmentation by geography and analysis of the chiral chromatography column market

• Americas
• APAC
• EMEA

In terms of geography, the Americas accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period. Some of the major factors responsible for the market's growth in the region includes the increasing adoption of highly advanced techniques, high need for drug discovery, rising prevalence of chronic diseases, growing older population, and the increased demand for personalized medicines.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global chiral chromatography column market?
• What are the key market trends impacting the growth of the global chiral chromatography column market?
• What are the challenges to market growth?
• Who are the key vendors in the global chiral chromatography column market?
• What are the market opportunities and threats faced by the vendors in the global chiral chromatography column market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global chiral chromatography column market?

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