Chromatography software market projected to reach USD 2.62 billion by 2032 with 9.62% CAGR
From GlobeNewswire: 2024-12-03 09:00:00
The Chromatography Software Market was valued at USD 1.15 billion in 2023 and is projected to reach USD 2.62 billion by 2032, with a CAGR of 9.62% over 2024-2032. The growth is driven by demand for advanced analytical solutions in industries like pharmaceuticals, biotechnology, and environmental testing.
Chromatography software market sees rapid growth with demand for advanced technologies in research and industry applications. Industries like pharmaceuticals, biotechnology, and environmental monitoring rely on chromatography for high-precision testing. The market is characterized by a shift towards cloud-based solutions for flexibility, scalability, and real-time data sharing.
Standalone chromatography software devices held over 57.0% market share in 2023 due to flexibility and lower upfront investment. Integrated devices are the fastest-growing segment, offering all-in-one solutions for industries like pharmaceuticals and food safety. On-premise deployment led the market, but web and cloud-based solutions are growing rapidly for scalability and cost-effectiveness.
The pharmaceutical industry dominated the chromatography software market in 2023, ensuring quality control and regulatory compliance in drug development. Environmental testing sector is expected to grow fastest, driven by sustainability concerns and stricter environmental standards. Innovations in chromatography techniques support more efficient and accurate environmental testing.
Recent developments in the market include Waters Corporation launching the Alliance iS Bio HPLC System and Thermo Fisher Scientific introducing the Dionex Inuvion Ion Chromatography system. Waters Corporation also expanded the roll-out of its Empower Chromatography Data Software in FDA medical product testing labs in the U.S. The Chromatography Software Market is analyzed in-depth with a detailed executive summary, market overview, regional synopsis, competitive landscape, and research methodology. Statistical insights, market dynamics impact analysis, and segmentation by device type, deployment type, and application are provided. The market is expected to grow significantly by 2023, with key players and strategic initiatives highlighted. Speak with an expert analyst for more insights. Contact [email protected] for customization options. S&S Insider is a leading global market research and consulting agency providing clients with essential knowledge and data for confident decision-making.
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