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Prepacked chromatography columns market to exhibit strong growth

The global prepacked chromatography columns market has an extremely consolidated vendor landscape. Smaller players in the global prepacked chromatography columns market, on the other hand, are focusing on customizing products to gain traction. Furthermore, these companies offer products at  competitive pricing, which is gradually expected to catapult them to the market’s fore. According to Transparency Market Research, strategic alliances are popular among the smaller companies, especially those aiming to expand their regional footprint and consolidate market share showcasing a wide-ranging product portfolio. The global prepacked chromatography columns market is poisted to reach USD 3.3 billion by 2024 from USD 1.6 billion in 2015, rising at a CAGR of 8.4 percent. Regionally, North America will continue dominating the global prepacked chromatography columns market. However, in the coming years, the market in Asia-Pacific is likely to exhibit growth at an accelerated pace. In terms of end use, the pharmaceutical biotechnology segment is currently showcasing high demand for pre-packed chromatography columns. Besides this, the demand from analytical laboratories is forecast to rise in the coming years.

The suitability and versatility of pre-packed chromatography columns across diverse sectors, allowing them to identify and separate organic components and molecules, is the chief driver of the market. Furthermore, the market will considerably gain from the increasing use of pre-packed chromatographic columns in research and development activities, forensic lab, chemical research, biotechnology, agriculture, food and beverages, and biopharmaceutical research. Diverse applications area of these columns will, therefore, boost the global pre-packed chromatographic columns market. In addition to this, the rising of pre-packed chromatography columns in clinical trials will boost the market in the coming years. On the downside, the market might face certain troubles due to the high price of pre-packed chromatographic columns. This can slow down the pace of growth witnessed in the market to an extent. Furthermore, restraints the market witnesses as a result of fouling and plugging will also have a negative impact on the overall growth.

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