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Global Gas Chromatography Systems Market to Reach $3.4 Billion by 2026

Time:2022/03/23   Pageviews:0    Share:
 This is an article about Global Gas Chromatography Systems Market to Reach $3.4 Billion by 2026. If you are interested, please contact us.

Gas Chromatography (GC) is a laboratorial, analytical procedure designed to identify, and analyze chemical compounds through the use of gases, which can either be liquid or solid in characteristic. Growth in the market is backed by increasing investments in the pharmaceutical/biotechnology sector, rising funding from governments for research in various sectors, expansion in emerging markets, technological advances and individual factors supporting demand in other end-use sectors. Increasing focus on developing novel and more effective drugs is a major factor expected to drive growth in adoption of gas chromatographs in the pharmaceutical/biotechnology sector. Rising stringency in quality and safety aspects is expected to support growth of gas chromatography in agriculture and food and food products industry, while growing concerns over environmental pollution and concomitant increase in testing for pollution are expected to supplement market growth. The demand for high-speed, miniaturized and portable GC devices is expected to grow in near future more due to their sensitivity. The handheld GC is suitable for detecting chemical warfare agents. Miniaturization is another trend catching up in the market, with increasing focus on developing miniaturized systems that occupy less space and enable carrying the system to the area where sample is prepared. There is a growing penchant among manufactures to develop portable systems for designation applications, expanding the scope of gas chromatography systems market.

Amid the COVID-19 crisis, the global market for Gas Chromatography Systems estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$3.4 Billion by 2026, growing at a CAGR of 4.4% over the analysis period. Accessories & Consumables, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reagents segment is readjusted to a revised 4.8% CAGR for the next 7-year period. Continued improvements in technology are having a positive impact on the market for analytical consumables and reagents, driving their development and uptake parallel to new systems.

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This is an article about Global Gas Chromatography Systems Market to Reach $3.4 Billion by 2026. If you are interested, please contact us.


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