Significant Growth Opportunities For Autosamplers Market In Pharma and Biotech Industry


(MENAFN- iCrowdNewsWire) iCrowd Newswire - May 22, 2019

According to a new market research report"Autosamplers Marketby Product (Systems (Liquid Chromatography, GC (Liquid, Headspace, All-in-one)), Accessories (Syringe & Needle, Vial, Septum) & Enduser (Pharmaceutical companies, Oil & Gas, Food & Beverage, Environment testing) - Global Forecasts to 2022",published by MarketsandMarkets™, the market is projected to reachUSD 1136.2 Millionby 2022, at a CAGR of 7.6% fromUSD 786.1 Millionin 2017.


The report analyzes and studies the major drivers, restraints, opportunities, and challenges of the Autosamplers Market inNorth America,Europe,Asia Pacific, and the Rest of the World (RoW). Growing importance of chromatography in drug approvals, increasing production of crude and shale oil, growing food safety concerns, and patent expiry of major drugs and biomolecules are some of the factors driving the growth of the market.


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Significant Growth Opportunities In Pharma, Biotech, Oil & Gas, Food Industry:


Based on end user, the Autosamplers Market is segmented into pharmaceutical and biopharmaceutical industry, oil and gas industry, food and bevarage industry, environmental testing industry, and other end users. Other end user segment including cosmetic industry and academic and government research institutes are expected to be the fastest-growing segment of the market during the forecast period.


Based on product, the autosampler systems segment is estimated to be the largest segment of the market in 2017


On the basis of product, the Autosamplers Market is segmented into autosampler systems and autosampler accessories. The autosampler systems segment is expected to have the largest share in the Autosamplers Market in 2017 majorly due to increasing adoption of autosamplers in different industries to avoid errors occurred as a result of manual injection systems.


The collaborations among major market players and stringent government regulatory frameworks for the cosmetics industry (owing to the hazardous effects of several ingredients used in the manufacturing of cosmetic products) are the major factors driving the segment.


North Americaaccounted for the largest share of theAutosamplers Market


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Geographically, the autosmplers market is segmented intoNorth America,Europe,Asia Pacific, and the Rest of the World.North Americaaccounted for the largest share of the market in 2017, which is driven by the growing importance of chromatography tests in the drug approval process and increasing funds for R & D activities in pharmaceutical and biopharmaceutical industries.


The major players of theAutosamplers Marketare Agilent (US), Waters (US), Shimadzu (Japan),Thermo Fisher(US), and PerkinElmer (US). The other players in this market include Merck (Germany), Bio-Rad (US), Restek (US),Gilson(US),JASCO (US), and SCION (US).


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