27 March 2017 - - The global gas chromatograph market to grow at a CAGR of 5.20% during the period 2017-2021, according to a new report from Dublin-based Research and Markets.

According to the report, one driver in market is growth of pharmaceutical industry in emerging economies.

The global pharmaceutical industry is undergoing a crisis because of the extensive use of generics, declining investments, change in the reimbursement environment, and strict government regulations on product safety and pricing.

Therefore, pharmaceutical players are exploring alternative routes to improve revenue by shifting their focus toward pharma opportunity-rich regions.

These regions are known as "pharmerging" markets owing to their high growth potential, rising GDP, increasing healthcare spending, availability of cost-efficient resources, and continuously evolving regulatory environments.

Key players in this market include Agilent Technologies, PerkinElmer, Shimadzu and Thermo Fisher Scientific.