Global Chromatography Data System (CDS) Market

Chromatography Data System (CDS) Market Size, Share, Growth Analysis, By Type(Standalone CDS and integrated CDS), By Deployment(On-premise and cloud-based), By Component(Software and services), By End User(Pharmaceutical and biotechnology companies, academic research institutes, contract research organizations), By Application(Drug discovery and development, quality control and testing, food and beverage testing, environmental testing), By Vertical(Life sciences and healthcare, food and beverage, environmental testing, and others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35G2121 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 168 | Figures: 79

Chromatography Data System (CDS) Market Dynamics

Driver

  • Growing need for computerization

The use of chromatography data methods enables researchers and laboratory professionals to interpret chromatography data more quickly, accurately, and without the need for paper. Thus, the market is expected to grow due to the growing need for computerization in laboratory equipment to reduce traditional data record errors and improve cost-effectiveness.

  • Rising R&D and clinical trials

During the forecast period 2022-2029, the continuous advancement of data and its interpretation in clinical and life science experimental laboratories has significantly impacted the growth of the chromatography data system (CDS) market.

Restraint

  • High cost

High cost and overloading of samples will hamper the growth rate of the market. Shortage of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the market.

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FAQs

Chromatography Data System (CDS) Market size was valued at USD 446.13 million in 2022 and is poised to grow from USD 479.59 million in 2023 to USD 855.34 million by 2031, growing at a CAGR of 7.50% during the forecast period (2024-2031). 

Some of major players in chromatography data system industry are adopting strategic formulation such as integration, new product development, geographical expansion and research collaboration to gives maximum revenue share which will promote company growth. Market players are focusing on technological development in chromatography product. Innovations, mergers and acquisitions, collaborations and partnerships are adopted by these players to grow in the competitive market. 'Agilent Technologies', 'Waters Corporation', 'Thermo Fisher Scientific', 'Shimadzu Corporation', 'PerkinElmer Inc.', 'Bruker Corporation', 'Gilson Inc.', 'Jasco Inc.', 'Hitachi High-Tech Corporation', 'Bio-Rad Laboratories Inc.', 'Phenomenex Inc.', 'Knauer GmbH', 'GE Healthcare Life Sciences', 'Analytik Jena AG', 'Sartorius AG', 'Dani Instruments S.p.A.', 'GL Sciences Inc.', 'Restek Corporation', 'Hichrom Limited', 'Cecil Instruments Limited'

Growing need for computerization

Increasing use of chromatography data system helps researchers for faster and accurate analysis of chromatography data. Many food testing facilities are preferring the use of chromatography software at various stages of food safety testing to analyse food quality to promote market growth. Increasing food safety regulations and increasing focus on pharmaceutical R&D are the major trends that support the growing demand for chromatography systems and software.

On the basis of region, market is segmented into North America, Europe, APAC, Latin America and MEA. North America dominated the market. The key factors for growth of market are increasing government fundings for chromatographic equipment and software development, the presence of large no. of key market players in this region and high adoption rate for new technologies.

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Global Chromatography Data System (CDS) Market

Report ID: SQMIG35G2121

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