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Rising advancements in bioanalytical technology play a pivotal role in large molecule bioanalytical technologies industry as they drive innovation, improves analytical capabilities, and expand the scope of applications.
Some of the top industry players are Bio-Rad Laboratories, Inc., Bio-Techne Corporation, Cergentis B.V., Danaher Corporation, Halo Labs, Inc, Intertek Group plc, Laboratory Corporation of America Holdings,Shizmandu Corporation, and SOLVIAS AG.
The chromatography segment accounted for USD 2.1 billion in revenue in 2023, due to its increasing use to provides high-resolution separation of complex mixtures of large biomolecules.
North America market generated USD 3.4 billion in revenue in 2023, attributed the presence of a robust infrastructure for technology development across the region.
The market size of large molecule bioanalytical technologies reached USD 8.3 billion in revenue in 2023 and is set to surpass USD 19.9 billion by 2032, owing to the growing prevalence of chronic diseases globally.