Chromatography Market is Expected to Reach USD 8.9 Billion Globally in 2017: Transparency Market Research

Chromatography Market is Expected to Reach USD 8.9 Billion Globally in 2017: Transparency Market Research PR Newswire ALBANY, New York, August 6, 2012 ALBANY, New York, August 6, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Chromatography Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecasts, 2012 - 2017," the global chromatography market was worth USD 6.6 billion in 2011 and is expected to reach USD 8.9 billion in 2017, growing at a CAGR of 4.1% from 2011 to 2017. In the overall global market, the U.S. is expected to maintain its lead position in terms of revenue till 2017. The U.S. is expected to enjoy 35.2% of the global chromatography market revenue share in 2017 followed by Europe. Browse the full report at http://www.transparencymarketresearch.com/chromatography- market.html The chromatography market is driven by growing environmental and safety concerns, rise in crime rate, safety and security of human life and rise in the number of cancer diagnosis. Globally, chromatographic techniques are used for separation of complex mixtures, detection of illicit drugs, enhancing environmental conditions with reduction in the poisonous content and production of medical drugs with exact chemical composition. Chromatography is broadly categorized into three types comprised of liquid, gas and other chromatography techniques.