The expected value of the Europe liquid chromatography instruments services market in 2021 was USD 576.42 million. With a compound annual growth rate (CAGR) of 7.07% from 2022 to 2030, Europe liquid chromatography instruments services market is anticipated to have increased to USD 1,096.12 million.
Increased focus on innovative drug development and a rising need for accurate analytical tools are key growth drivers of the Europe Liquid Chromatography Instruments Services Market. High R&D spending in Europe boosts service availability and performance in liquid chromatography. As drug development processes grow more intricate, advanced methods such as Reversed-Phase Liquid Chromatography (RPLC) and Ultra-High Performance Liquid Chromatography (UHPLC) are widely used for their superior throughput and clarity. These technologies support growth across sectors like pharma, biotech, food safety, and environment.
Despite this, a limited skilled workforce and elevated labor costs pose significant hurdles, leading to outsourcing that's often slow and inefficient. The growing demand for protein biopharmaceuticals, including monoclonal antibodies, presents market opportunities. Specialized chromatographic methods and cutting-edge HPLC column technologies have emerged to meet these needs, allowing better analysis of biomolecules, chiral drugs, and toxins. This innovation enhances chromatography's value in modern pharmaceutical applications and research advancements.
Market Segmentations Insights
Europe liquid chromatography instruments services market is categorized by service type segments, it includes routine testing services, installation, maintenance, support service, and others.
Europe liquid chromatography instruments services market has been divided into several segments based on the types of end-uses, including pharmaceutical firms, biopharmaceutical businesses, and contract research organizations.
Europe liquid chromatography instruments service is divided into the following regions: Germany, UK, Spain, Switzerland, France, Italy, Ireland, Rest of Europe.
Major Competitors
Thermo Fisher Scientific Inc., Agilent Technologies Inc., PerkinElmer, Inc., JASCO, Danaher Corporation, Waters Corporation, Shimadzu Corporation, KRSS Europe B.V., KNAUER Wissenschaftliche Geräte GmbH, BUCHI are the major competitors of Europe liquid chromatography instruments service market.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook