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Chromatography Software Market size surpassed USD 471 million in 2021 and is estimated to record around 8% CAGR between 2022 and 2028. The rapidly growing population is resulting in high demand for convenience and processed food, thereby surging the demand for food safety and quality testing, fuelling the product adoption.
The surging prevalence of foodborne illnesses due to the consumption of food contaminated with a mycotoxin, pathogens, or the growth of yeasts is increasing the adoption of food safety testing in several nations to a greater extent. As per the World Health Organization (WHO), around 420,000 individuals die after eating contaminated food, resulting in the loss of 33 million healthy life years (DALYs) every year. Hence, several food testing facilities are preferring the use of chromatography software at various stages of food safety testing to analyse the quality of food is set to promote the market growth.
Report Attribute | Details |
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Base Year: | 2021 |
Chromatography Software Market Size in 2021: | 471.1 million (USD) |
Forecast Period: | 2022 to 2028 |
Forecast Period 2022 to 2028 CAGR: | 8.1% |
2028 Value Projection: | 822.1 million (USD) |
Historical Data for: | 2017 to 2021 |
No. of Pages: | 170 |
Tables, Charts & Figures: | 252 |
Segments covered: | Device Type, Deployment Mode, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Chromatography software refers to the device that facilitates chromatography-based analysis. This software solution controls data from chromatography instruments, records & processes, and generates chromatograms & reports. This chromatography data software automates numerous procedures comprising data processing, instrumentation control, and database management among others. The chromatography informatics solution options range from integrated to the automated standalone software platform. These instruments find applications in materials science, drug discovery, and forensics among others.
However, the lack of a proficient laboratory workforce for chromatography software handling might have an adverse impact on the market growth. These systems are complex in nature and thus require professional workers to operate them. As per the article published in 2020, some European countries will face a shortage of skilled labour over the next decade with medical laboratories among the severely affected segment. The significant growth in technology contributes to the surging demand for skilled personnel to develop, deploy, manage, and support applications. Lack of a trained workforce, especially in developing nations may limit the use of these devices.
Owing to this shortage, some organizations are getting understaffed and experiencing reduced research volume. It also produces a variety of other negative consequences such as the inability to deliver precise needs, affecting customer satisfaction, etc. As a result, the lack of skilled labour may hamper the chromatography software industry growth.
The COVID-19 pandemic has proven to be advantageous for the chromatography software demand and rendered a positive impact on the market expansion. This is attributable to the surging use of chromatography techniques to analyse the drugs and their safety & efficacy as a COVID-19 treatment mechanism. This pandemic imposed huge pressure on healthcare infrastructure and hindered the operational capabilities of the clinical laboratories and biopharmaceutical firms. There was significant pressure on the laboratories to surge testing volume, R&D activities and deliver clinical results at rapid speed.
As per the recently published article, the overall testing volumes increased to 245% of the pre-pandemic volume. Experts anticipated considerable SARS-CoV-2 testing throughout 2021 as well as in 2022 to some extent. The increasing pressure to surge R&D and testing volume led to the demand for chromatography data software. This is due to these devices that are helping in database management, data filtering, and data processing for improved efficiency and performance with precise clinical results. Thus, the COVID-19 pandemic augmented the demand for chromatography software and is expected to witness a similar trend in the coming years.