Report Shows Growth in US Liquid Chromatography |
29 Jan 2008 |
| Released by Frost & Sullivan, a specialist laboratory researcher, a report titled US Liquid Chromatography Markets, estimates the market revenue for the lab technology, used extensively throughout the drug discovery and development process, could reach just over $1bn (€737m) in 2013. Liquid chromatography is an analytical technique that works by separating ions or molecules that have been dissolved in a solvent. The technique has been increasingly used for drug discovery, laboratory manufacturing and production applications, and quality assessment in the lab of pharmaceutical products. According to the report, the increased uptake of the technology, especially in life science applications, would account for the majority of the growth in the liquid chromatography market, which sat at $596.3m last year. "The need to separate small molecule compounds and biomolecules for research and commercial purposes has prompted users to look at liquid chromatography as a reliable method for analytical separation of complex mixtures," Frost & Sullivan research analyst Shankar Sellappan said in a statement. "The market outlook is very positive for liquid chromatography products through 2013, as investments in this approach continue to be made." |
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