This technology thus has the potential to significantly reduce the time required for sample analysis while also significantly improving the accuracy of results.
About
Background: Liquid chromatography (LC) has been one of the most important technologies used in laboratories for many years. Ranking behind pH measurement and balances, it is the third most used analytical technique. In laboratories, LC is used primarily to separate mixtures and identify, quantify, or purify their components. However, many of these applications are very time consuming, which adds to operation costs. This invention’s multi-modal LC system promises accelerated processing times due to its placement of individual detectors between column segments, yielding a more continuous flow of analysis in each LC cycle. This technology thus has the potential to significantly reduce the time required for sample analysis while also significantly improving the accuracy of results. About the Market: The worldwide LC in healthcare market is estimated to grow from $2.9 billion in 2015 to $4.1 billion in 2020, at a compound annual growth rate of 7.1%. A major trend that has contributed to this market’s healthy growth has been the diversification into different industrial applications. As a result, many suppliers have been introducing systems tailored for certain applications in industries such as biotechnology, pharmaceuticals, hospitals, research laboratories, agriculture, etc. While pricing for conventional LC system prices are expected to remain relatively unchanged as technology advances continue, systems that boast unique features, such as ultra-high performance LC and fast LC, are expected to continue to command a 10% to 25% market price premium. Furthermore, the average price per column of an LC system is estimated at $400 to $450, but specialized columns can cost up to triple that amount. This suggests that LC systems implementing this technology could command a considerable market price premium—priced at as much as $1350 per column.