Chromatography Data Systems Market is Expected to Rise at CAGR of 7.8% By 2022
Chromatography Data Systems(CDS) Market is expected to reach USD 417.4 million by 2022, supported
by a CAGR of 7.8% during the forecast period of 2017 to 2022.The use of
chromatography data systems helps the researchers and laboratory professionals
for faster, accurate, and paperless analysis of chromatography data. Thus,
increasing need for automation in the laboratory instrumentation to reduce
manual data entry errors and to increase cost effectiveness. In addition, the
rising demand for smooth flow of information and analysis in the clinical and
life science research laboratories has majorly impacted the growth of the CDS
market positively.
The global chromatography data
systems market is segmented by product, delivery mode, end user, and geography.
The market by product is classified into two segments, namely standalone
software and integrated software. The standalone software segment dominated the
overall market in 2016 and is also estimated to continue its dominance over the
forecast period, owing to the ease in its utilization.
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Based on delivery mode, the
chromatography data systems market is mainly segmented into web-based,
on-premise, and cloud-based solutions. The cloud-based software segment is
projected to grow at the fastest CAGR during the analysis period, owing to its
benefits such as ease in accessibility, increased data safety, privacy, and
cost effectiveness.
Based on the end user, the
chromatography data systems market is mainly segmented into academic &
research institutes, pharmaceutical & biopharmaceutical industry,
biotechnology industry, food & beverage industry, environmental testing,
and other industries.
Geographically, the global
chromatography data systems market is segmented into five major regions namely
North America, Europe, Asia-Pacific, Latin America, and Middle East &
Africa. These regions are further analyzed at a country level with the detailed
qualitative and quantitative analysis. North America accounted for the major
share in the global chromatography data systems market in 2016, followed by
Europe, and Asia-Pacific region.
The
key players operating in the global chromatography data systems market are
Advanced Chemistry Development, Inc. (Canada), Agilent Technologies (U.S.),
Bio-Rad Laboratories Inc.(U.S.), Bruker Corporation (U.S.), DataApex (Czech
Republic), Gilson Inc. (U.S.), Jasco, Inc. (U.S.),Justice Laboratory Software
(U.S.), Perkin Elmer (U.S.), Shimadzu Corporation (Japan), Sri Instruments
(U.S.), Thermo Fisher Scientific (U.S.), and Waters Corporation (U.S.).
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