The US high-performance liquid chromatography (HPLC) market is estimated to grow at a CAGR of 4.6% during the forecast period. The market is mainly driven due to various pivotal factors such as significant growth in the R&D investment by the pharmaceutical and research institutes, growing demand for HPLC in drug discovery activities, and the presence of major biotechnology companies in the country. As per the research America from 2017 to 2018, medical and health R&D spending in the US grew by 6.4%, reaching $194.2 billion. Therefore, the growing R&D investment in medical health R&D further provides a significant opportunity for the market. However, the high cost of HPLC equipment is further estimated to restrain market growth during the forecast period.  

Furthermore, the US market for HPLC is further classified on the basis of product type and technology.     Based on the product type, the market is further classified into consumables, instruments, accessories. The consumables segment is estimated to hold a significant growth in the US HPLC market owing to the growing application of consumables in clinical research applications. Based on the application, the US HPLC market is further segmented into diagnostics, clinical research, forensics, and others. The clinical research segment is estimated to grow at a considerable CAGR during the forecast. 

Furthermore, the US HPLC market is characterized by the presence of several market players that are catering to a wide range of customers in the region. Some of the key players in the market include Agilent Technologies, Inc., PerkinElmer Inc., Thermo Fisher Scientific Inc., Waters Corp., Bio-Rad Laboratories, Inc., Gilson Inc., and others. These players adopt various strategies to remain competitive in the market and gain a competitive advantage over other players operating in the market. Mergers and acquisitions, product launches, and partnerships and collaborations, and geographical expansion are some of the major activities adopted by the market players.

 Research Methodology

The market study of the US HPLC market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for HPLC market players, the medical device industry, contract manufacturers, suppliers, distributors & traders, industry associates & experts, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. US HPLC Market Research and Analysis by Product Type
2. US HPLC Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the US HPLC market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US HPLC market.
• Insights about market determinants that are stimulating the US HPLC market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.