Global Ion Chromatography Market Size (2024 - 2029)

Ion Chromatography Market Analysis

The Global Ion Chromatography Market size is estimated at USD 3.08 billion in 2024, and is expected to reach USD 3.72 billion by 2029, growing at a CAGR of 3.80% during the forecast period (2024-2029).

Covid-19 has significantly impacted the ion chromatography market growth due to the rise in vaccine production. For instance, according to the study titled 'Highly Efficient Purification of Recombinant Vaccine against SARS-CoV-2 by Flow-Through Chromatography' in September 2021, the use of ion chromatography results in strong binding of the virus to the media, necessitating a high salt concentration for elution. Therefore, ion chromatography has been used in the Covid-19 vaccine production process because of the significant binding of the virus to the medium. This might have led to increased adoption of ion chromatography during the pandemic, driving market growth.

The factors driving the growth of the ion chromatography market include increasing academic and commercial R&D spending on pharmaceutical development, a rise in technological advancements, and increasing adoption of ion-exchange techniques in the food, beverage, and water industries. to check content, quality, or safety, among others. The ion-exchange technique is also being used to check the presence or amount of ingredients in a sample.

Furthermore, according to the study titled 'Non-aqueous Ion-Exchange Chromatography Using High Acid-base Concentration: A Strategy for Purifying Non-crystalline Pharmaceutical Intermediates' in March 2021, ion-exchange chromatography (IEX) is used in non-aqueous mobile phases to purify a non-crystalline intermediate after a reductive amination with D-xylose with strength and purity of the intermediate allowing successful downstream processing. The importance of ion chromatography in pharmaceutical production is therefore expected to drive the market growth due to the high adoption of this process in pharmaceutical industry.

The growth of the global ion chromatography market is due to the increasing use of ion-exchange chromatography for purification, along with the increasing demand for monoclonal antibodies, which is a primary driver for the market.

In addition, according to the Congressional Budget Office in April 2021, during the past two decades, USD 700 billion in federal funding has been provided to the National Institute of Health (NIH). A significant portion of such money has gone toward supporting fundamental studies in genomics, molecular biology, and other life sciences that have discovered novel disease pathways. The funding for the NIH increased by real annual increases, reaching USD 41 billion in 2020. The rising funding for the research and development in fundamental research will therefore lead to the adoption of ion chromatography in R&D, driving market growth.

However, the high cost of chromatography instruments and the lack of skilled personnel to handle the equipment are hindering the growth of the ion chromatography market.

Ion Chromatography Industry Segmentation

This report estimates the global ion chromatography market. It incorporates a detailed analysis of technology, which includes ion-exchange chromatography, ion-exclusion chromatography, and ion-pair chromatography. Ion chromatography is a well-established technique for the analysis of anions and cations in liquid, gaseous, and solid samples. The Ion Chromatography Market is segmented by Technology (Ion-exchange Chromatography, Ion-exclusion Chromatography, Ion-pair Chromatography), By Application (Environmental Testing, Pharmaceutical Industry, Food Industry, Chemicals Industry, Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.