Market revenue in 2020 | USD 882.2 million |
Market revenue in 2027 | USD 2,015.7 million |
Growth rate | 12.5% (CAGR from 2020 to 2027) |
Largest segment | Process/analytical chromatography |
Fastest growing segment | Preparative Chromatography |
Historical data covered | 2016 - 2019 |
Base year for estimation | 2020 |
Forecast period covered | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Process/Analytical Chromatography, Preparative Chromatography |
Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Danaher Corp, Merck KGaA, Bio-Rad Laboratories Inc, Thermo Fisher Scientific Inc, Shimadzu Corp, Agilent Technologies, Waters Corp, Novasep |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to preparative and process chromatography market will help companies and investors design strategic landscapes.
Process/analytical chromatography was the largest segment with a revenue share of 59.7% in 2020. Horizon Databook has segmented the Latin America preparative and process chromatography market based on process/analytical chromatography, preparative chromatography covering the revenue growth of each sub-segment from 2016 to 2027.
Favorable government initiatives, improving healthcare sector, increasing attention by multinational pharmaceutical companies, and growing concerns over monitoring of environmentally hazardous substances are factors expected to drive Latin America’s market over the forecast period.
Growing global popularity of cannabis has increased the production of cannabis in this region; which has promoted extensive cannabis testing. Among the most used cannabis testing method are highperformance liquid chromatography with UV detection and gas chromatography with flame ionization detection.
Companies in this region are essentially focusing on efficient cannabis testing for production of export-quality cannabis. For instance, in June 2019, Khiron Life Sciences Corp. completed its state-ofthe-art, 14,000 square foot GMP and ISO 17025 compliant lab near Ibague, Colombia.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America preparative and process chromatography market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America preparative and process chromatography market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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