Chromatography Software Market

Registering approximately US$800 Mn in 2020, global chromatography software market is likely to see a steady growth trajectory over the next few years. An expanding application base across pharma will prominently drive the progress of market, suggest primary research findings.

Increasing Preference for Automated Chromatography Systems Elevates Prospect of Chromatography Software Market

Chromatography is a vital tool used in many industries to determine the composition of a mixture. Widely known for its role in scientific research, chromatography also finds wide application across other industries, including pharmaceuticals, clinical trials, environmental and chemical safety, food and beverage, drug testing, forensics, petroleum creation, and molecular biology. Many life science labs, and manufacturers largely rely on the technique of chromatography. Increasing usage of automated chromatography systems by researchers and biomanufacturers to simplify their workflows, accurately repeat process cycles, and improve the turnaround time, and ensure efficient method development is expected to drive the growth of chromatography software market. Chromatography software serves to automate chromatography run planning, running, and data collection and analysis, reducing user error to ensure that workflows run smoothly.

The World Health Organization estimates that around 17.9 million people worldwide pass away each year due to cardiovascular diseases (CVDs). The COVID-19 pandemic further helped advance the pursuit of new drugs to treat infectious diseases. Chromatography software market is likely to witness a promising outlook with the increasing prevalence of a wide range of ailments, as well as the rising use of liquid chromatography. All pharmaceutical products must be of the highest quality to ensure that patients are in the slightest danger. Researchers, producers, and developers use several technical tools and analytical procedures, such as liquid chromatography, to ensure that the products meet the requirements. Drug discovery, molecular biology, clinical research, and pharmaceutical development are a few of the key application areas that fuel the expansion of chromatography software market.

Rapidly Increasing Application in Pharma Industry to Fuel Growth of Chromatography Software Market

The pharmaceutical sector is one of the most strictly regulated in the world, whereas the UTI HPLC chromatography method has been the most powerful analytical technique widely utilised in pharmaceuticals industry for identifying and measuring medicines or the active pharmaceutical ingredient throughout the research, development, and production of medication. The need for chromatography reagents is thus anticipated to remain on an uptrend. While the technique of chromatography is employed in a variety of processes like medication development, mixture purity detection, chiral compound separation, and the identification and analysis of samples for the presence of chemicals or trace elements, the chromatography software tools are extensively used to optimise and automate the processes especially for forensic testing, and pharmaceutical R&D.

Chromatography software offers faster access to related data and real-time collaboration across several laboratories, which can help produce faster, and accurate results by avoiding duplication of costs associated with research efforts. This application is projected to uphold the attractiveness of chromatography software market. Moreover, governments of major economies are swiftly deploying the chromatography software used for CDS in numerous public research institutes after realising the benefit of employing mass spectrometry software in the chromatographic examination of substances. This is turn will drive chromatography software market ahead.

The Benefit of Standalone to Drive Growth for Chromatography Software

The chromatography software market is divided into standalone and integrated, based on the type of device. Standalone will remain dominant as the standalone software devices are integrated systems that simplify chromatography-based analysis and carry out their tasks without additional hardware. These device types combine many technologies and a wide range of applications, assisting scientists engaged in pharmaceutical R&D operations in producing targeted, high-quality research results. In industrialised nations, standalone chromatography data software finds primary use in various fields, including drug discovery, cancer and genomes research, and forensic analysis.

Increased R&D Spending to Drive Growth of North America Chromatography Software Market

North America is the largest user of chromatography software and is expected to grow at the fastest rate in the future. This is a significant share of increasing consumer worries about food safety, rising R&D spending, etc. According to current estimates from the Government Accountability Office, the US government paid between US$18 Bn and US$23 Bn to support the development of the COVID-19 vaccine. Thus, rising drug development expenditures for various diseases indicate a demand for chromatography software in clinical studies. The chromatography devices integrated with control software support comprehensive chromatographic data processing and interpretation. The academic and research institutes segment is expected to increase market size in the following years due to the numerous clinical advantages that the chromatographic procedures give over the long term. Additionally, the significant involvement of R&D at academic institutions will raise the product adoption rate.

According to the Survey of Research and Development Expenditures at Universities and Colleges, educational institutions are responsible for around 13% of all R&D expenditures in the United States. The increase is also aiding the market expansion in research institutions. According to the German Academic Exchange Service, there are approximately a thousand publicly supported research institutions functioning in Germany. As a result, industry projections are anticipated to be stimulated by the growing research volume and the adoption of chromatography software at universities and research institutions. With increased investments in genomics research and development and the accessibility of sophisticated technologies, the United States is currently the world's largest market for chromatography reagents. The country's life sciences industry is undergoing several changes, with increasing discoveries. University of Washington School of Medicine researchers and their partners received a US$16 Mn grant from the National Institutes of Health in September 2021 to support two initiatives within the consortium. In recent years, cancer research funding has expanded to combat the growing threat of chronic diseases in Canada.

The University of Saskatchewan received CAD 709,500 from the provincial government in September 2021 to develop resources to cater to ovarian cancer patients. The Saskatchewan government provided the funding through the OvCAN research project of Ovarian Cancer Canada. North America is anticipated to have a significant demand in the market under study shortly because of all the causes above. The US FDA will begin expanding the use of Waters Corporation Empower Chromatography Data Software (CDS) in January 2022 to assist its five field scientific laboratories that examine medicinal items. This implementation will enhance the company's current product line and complete the distinctive product portfolio of the chromatography data system, creating new market opportunities for developing highly efficient solutions for the acquisition, processing, and reporting of data from various measurement instruments.

Global Chromatography Software Market: Competitive Landscape

The US FDA will begin expanding the use of Waters Corporation Empower Chromatography Data Software (CDS) in January 2022 to assist its five field scientific laboratories that examine medicinal items. This implementation will enhance the company's current product line and complete the distinctive product portfolio of the chromatography data system, creating new market opportunities for the development of highly efficient solutions for the acquisition, processing, and reporting of data from various players in the chromatography software market include Cytiva, Agilent Technologies Inc., Bruker Corporation, Shimadzu Corporation, KNAUER, Gilson Inc., DataApex, Restek Corporation, Scion Instruments, and Waters Corporation.

Global Chromatography Software Market is Segmented as Below:

By Type

• Standalone
• Integrated

By Deployment Model

• On-premises
• Web & Cloud-Based

By Application

• Pharmaceutical Industry
• Forensic Testing
• Environmental Testing
• Food Industry

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Rest of Europe
• Asia Pacific
  • Japan
  • South Korea
  • India
  • China
  • Rest of Asia Pacific
• LAMEA
  • Latin America
  • Middle East
  • Africa

Key Elements Included In The Study: Global Chromatography Software Market

• Chromatography Software Market by Product/Technology/Grade, Application/End-user, and Region
• Executive Summary (Opportunity Analysis and Key Trends)
• Historical Market Size and Estimates, Value, 2018 - 2021
• Market Value at Regional and Country Level, 2022 - 2029
• Market Dynamics and Economic Overview
• Market Size in Value, Growth Rates, and Forecast Figures, 2022 - 2029
• Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
• Regional and Product/Grade/Application/End-user Price Trends Analysis
• Value Chain and Five Force’s Analysis
• Regional/Sub-region/Country Market Size and Trend Analysis
• Company Market Share Analysis and Key Player Profiles

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