Global LC reagent market to grow to $6 billion by 2019

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  • Published: Mar 31, 2015
  • Author: Jon Evans
  • Channels: Ion Chromatography / Laboratory Informatics / HPLC / Gas Chromatography / Detectors / Electrophoresis / Sample Preparation / Proteomics & Genomics

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The global liquid chromatography (LC) reagents market will increase from $3.8 billion in 2014 to $6.4 billion in 2019, predicts a new report from MicroMarket Monitor.

North America currently commands the largest share of the global LC reagents market, with 40%, followed by Europe. Innovations, continuous growth in corporate agreements and government investment, an extensive use of chromatography reagents across various industries, and an increasing number of conferences are driving growth in this market. The presence of alternative separation techniques is the major factor curtailing growth.

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