The COVID-19 pandemic has significantly affected the preparative and process chromatography market. With the increasing threat associated with COVID, researchers are highly dependent on analytical laboratory techniques such as chromatography to gain effective and efficient methods for characterizing the virus and analyze potential vaccines and anti-COVID-19 compounds.
As the battle against the deadly SARS-CoV-2 virus continues, researchers rely on analytical laboratory techniques like chromatography to provide effective and efficient methods for characterizing the virus and analyzing potential vaccines and anti-COVID-19 compounds.
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Factors such as, increasing demand for insulin and other biopharmaceutical products, high demand for omega-3 fatty acids, increasing awareness about the advancements in preparative and process chromatography, increasing food safety concerns, and growing government investments for synthetic biology and genome projects to drive the growth of the market during the forecast period.
The 17th International Symposium on Preparative and Industrial Chromatography and Allied Techniques, SPICA 2018, was held on October 7 to 10, 2018, in Darmstadt, Germany. The symposium was dedicated to learning about the latest progress and state-of-the-art technology in Preparative and Industrial Chromatography. The conference is an exceptional multi-disciplinary forum for expert scientists working in fundamental research and practical applications of Preparative Separation Sciences in chemistry, pharmaceuticals, polymers, natural products, and biotechnology. (Source: 17th International Symposium on Preparative and Industrial Chromatography and Allied Techniques 2018)
These conferences and symposia help increase awareness about the upcoming and available technologically advanced products in preparative and process chromatography, which is expected to drive market growth.
Preparative and process chromatography systems are priced at a premium because of the features and technologies involved. Small- & medium-sized companies in the oil & gas, food & beverage, biotech & pharmaceutical industries, and research and academic institutions require many such systems in their processes. Hence, the capital cost spent on these systems increases significantly.