Global Chromatography Systems Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-18 08:23:01
The Global Chromatography Systems market is to grow at a CAGR of 5.66 percent over the period 2013-2018. One of the key factors contributing to this market growth is the advancement in technology. The Global Chromatography Systems market has also been witnessing the increasing outsourcing of pharmaceutical production to the APAC region. However, the high cost could pose a challenge to the growth of this market.
Many global pharmaceutical companies are facing several challenges such as patent expirations and pricing pressures. As a result, these companies are on the lookout for cost- containment measures. For instance, drug manufacturing in APAC countries is less expensive than it is in Western countries. The outsourcing activities include all the stages of the manufacturing process, including the purification of biopharmaceutical and other biochemical entities undertaken by CROs and CMOs. As a result, the APAC region is emerging as the fastest growing region, and many multinational companies and local companies have set up their operations in this region to provide automated chromatographic systems to the CROs and CMOs. Hence, the continuous outsourcing of pharmaceutical production to the APAC region is expected to drive the growth of Global Chromatography Systems market.
Click for report details: www.companiesandmarkets.com/Market/Healthcare-and-Medical/Market ..
Browse all Healthcare and Medical Market Research Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Market ..
Browse all Healthcare and Medical Company Profile Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Compan ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.