Global solid phase extraction market is projected to register a healthy CAGR of 5.4% in the forecast period of 2020 to 2026. Solid phase extraction is a technique used for the sample preparation through which compounds suspended or dissolved in the liquid sample are isolated from mixture of other compounds by their physical or chemical characteristics.
It is widely used in the analytical laboratories for the separation and elution of the desired compounds from complex mixture. It gives highly efficient extraction of the particles with less usage of solvent and giving accurate results.
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Competitive Analysis: Global Solid Phase Extraction Market
Some of the major players operating in this market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., WATERS, MERCK & CO.,INC., 3M, S*Pure Pte Ltd, JASCO, Phenomenex Inc., Restek Corporation, MACHEREY-NAGEL GmbH & Co. KG, Orochem Technologies Inc., Avantor, Inc., United Chemical Technologies, ANPEL and others.
Segmentation: Global Solid Phase Extraction Market
- On the basis of type, the market is segmented into SPE cartridge, SPE disk, others.
- On the basis of application, the market is segmented into pharmaceuticals, environmental, food & beverage industry, biological fluids, others.
Focus of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
Reasons to Purchase this Report
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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The massive uptake of SPE in a number of growing industries is driving the solid-phase extraction market.According to Market Research Future (MRFR), the global solid phase extraction market is poised to touch a valuation of USD 474.73 MN by 2023.
Technological advancements in instrumentation is a key driving force behind the growth of the market.Additional factors helping in bolstering the growth of the market include government investments in academics & life sciences and growth in the pharmaceutical sector and contract research organizations (CRO).
Moreover, increasing demand for drug development has led to an increase in the size of the solid phase extraction market.The wide acceptance of SPE in the pharmaceuticals and nutraceuticals industry, especially in developed economies define the growing landscape of the market, attributing to the approval of regulatory authorities.
On the other hand, the high cost of instruments alongside, the stringent government policies & regulations restrain the growth of the market.
Solid Phase Extraction Market – SegmentsThe report is segmented into three key market dynamics to widen the scope of understanding, By Type: SPE Disk and SPE Cartridge.By Application: Pharmaceutical Industries, Hospitals & Clinics, and Environmental Care, among others.By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Moreover, factors such as the rising acceptance led by the wide-spread awareness about solid phase extraction in personal care products companies in the US is projected to stimulate the growth of the regional market.The solid phase extraction market in the European region accounts for the second-largest share, globally.
Market Analysis and Insights:- North America Solid Phase Extraction MarketNorth America Solid Phase Extraction Market By Type (SPE Cartridge, SPE Disk, Others), Application (Pharmaceuticals, Environmental, Food & Beverage Industry, Biological Fluids, Others), Country (U.S., Canada, Mexico) – Industry Trends & Forecast to 2026The solid phase extraction market has substantially grown over the years and gained popularity among the manufacturers.
It is considered to the most reliable and cost effective for the sample analysis over traditional technique as compared to liquid-liquid extraction.
The growth of the solid phase extraction market is driven by the extensive usage in clinical, industrial, biological, food and beverages sample, marine industry, and others.
Furthermore, the main advantage of any type of solid phase extraction is that the solution or the sample can be stored for a longer period of time without any change in its concentration or identity.North America solid phase extraction market is projected to register a healthy CAGR of 5.9% in the forecast period of 2019 to 2026.Get More Insight About the North America Solid Phase Extraction Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=north-america-solid-phase-extraction-market Segmentation: North America Solid Phase Extraction MarketThe North America solid phase extraction market is segmented into two notable segments which are type and applicationOn the basis of type, the market is segmented into SPE Cartridge, SPE Disk, and other.In March, The Tecan Group announced that an agreement was made for the acquisition of long term supplier for liquid handling pump.
It will help in strengthening its manufacturing capacity and resulting profitable revenues.On the basis of application, the market is segmented into pharmaceuticals, environmental, food & beverage industry, biological fluids, others.In January 2019, Biotage acquired 100 percent shares of California based PhyNexus, Inc. for a price of USD 21.5 million The acquisition strengthened the company as a chemical separator within the growing biomolecular segment.
It will help the company to offer automated solutions for efficient purification of biomolecules.Know More About this Report @ https://www.databridgemarketresearch.com/reports/north-america-solid-phase-extraction-market Competitive Analysis: North America Solid Phase Extraction MarketSome of the major players operating in this market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., WATERS, MERCK & CO.,INC., 3M, S*Pure Pte Ltd, JASCO, Phenomenex Inc., Restek Corporation, MACHEREY-NAGEL GmbH & Co. KG, Orochem Technologies Inc., Avantor, Inc., United Chemical Technologies, ANPEL and others.Product LaunchIn April 2018, Phenomenex Inc. launched a new product Strata-X-Drug B Plus for urine drug testing and forensic toxicology labs.
Market Analysis and Insights:- North America Solid Phase Extraction MarketNorth America Solid Phase Extraction Market By Type (SPE Cartridge, SPE Disk, Others), Application (Pharmaceuticals, Environmental, Food & Beverage Industry, Biological Fluids, Others), Country (U.S., Canada, Mexico) – Industry Trends & Forecast to 2026The solid phase extraction market has substantially grown over the years and gained popularity among the manufacturers.
It is considered to the most reliable and cost effective for the sample analysis over traditional technique as compared to liquid-liquid extraction.
The growth of the solid phase extraction market is driven by the extensive usage in clinical, industrial, biological, food and beverages sample, marine industry, and others.
Furthermore, the main advantage of any type of solid phase extraction is that the solution or the sample can be stored for a longer period of time without any change in its concentration or identity.North America solid phase extraction market is projected to register a healthy CAGR of 5.9% in the forecast period of 2019 to 2026.Get More Insight About the North America Solid Phase Extraction Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=north-america-solid-phase-extraction-market Segmentation: North America Solid Phase Extraction MarketThe North America solid phase extraction market is segmented into two notable segments which are type and applicationOn the basis of type, the market is segmented into SPE Cartridge, SPE Disk, and other.In March, The Tecan Group announced that an agreement was made for the acquisition of long term supplier for liquid handling pump.
It will help in strengthening its manufacturing capacity and resulting profitable revenues.On the basis of application, the market is segmented into pharmaceuticals, environmental, food & beverage industry, biological fluids, others.In January 2019, Biotage acquired 100 percent shares of California based PhyNexus, Inc. for a price of USD 21.5 million The acquisition strengthened the company as a chemical separator within the growing biomolecular segment.
It will help the company to offer automated solutions for efficient purification of biomolecules.Know More About this Report @ https://www.databridgemarketresearch.com/reports/north-america-solid-phase-extraction-market Competitive Analysis: North America Solid Phase Extraction MarketSome of the major players operating in this market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., WATERS, MERCK & CO.,INC., 3M, S*Pure Pte Ltd, JASCO, Phenomenex Inc., Restek Corporation, MACHEREY-NAGEL GmbH & Co. KG, Orochem Technologies Inc., Avantor, Inc., United Chemical Technologies, ANPEL and others.Product LaunchIn April 2018, Phenomenex Inc. launched a new product Strata-X-Drug B Plus for urine drug testing and forensic toxicology labs.
