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Premium Report Details
Base Year: 2023
Companies covered: 12
Tables & Figures: 207
Countries covered: 23
Pages: 120
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High Performance Liquid Chromatography Market
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High Performance Liquid Chromatography Market Size
High Performance Liquid Chromatography Market was valued at USD 4.4 billion in 2023 and is anticipated to witness growth at a CAGR of 5.3% over the forecast period. The industry is experiencing growth driven by the high accuracy and precision in analytical results, the growing importance of HPLC tests in drug approvals, and the rise in R&D spending.
Regulatory agencies such as the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) require extensive analytical testing as part of the drug approval process. HPLC is widely recognized as a critical analytical technique for assessing the purity, identity, and potency of pharmaceutical compounds, as well as for determining impurity profiles and conducting stability studies. The reliance on HPLC tests in regulatory submissions and drug approval processes drives the demand for HPLC instrumentation and services.
Moreover, with stringent regulatory requirements and quality standards across industries, there is a growing demand for analytical techniques that can ensure the accuracy and reliability of product quality control and assurance processes. HPLC's ability to provide highly accurate and precise analytical results makes it a preferred choice for manufacturers and regulatory authorities alike, driving its adoption in quality control laboratories.
High performance liquid chromatography is a powerful analytical technique used for separating, identifying, and quantifying components in a mixture. It operates on the principle of chromatography, where a sample mixture is passed through a chromatographic column packed with a stationary phase. HPLC is widely used in various fields including pharmaceuticals, biotechnology, environmental analysis, food and beverage testing, forensics, and research laboratories. It offers high sensitivity, resolution, and reproducibility, making it an indispensable tool for chemical analysis and quality control in diverse industries.