Leading players in the solid phase extraction market are employing several organic and inorganic strategies to increase their market reach and revenue shares. Strategic collaborations and partnership tactics are aiding them in introducing innovative solid phase extraction technologies and uplifting their position in the competitive landscape. Technological innovations, mergers & acquisitions, and global expansion strategies are also driving the net revenue shares of the key players. Agilent Technologies, Inc., one of the major manufacturers of solid phase extraction systems revealed that it totaled USD 6.51 billion in revenues in the fiscal year 2024 and offered employment to around 18,000 individuals. The company also estimates that nearly 2,85,000 labs across the world are using its solutions.
Some of the key players include:
Author Credits: Radhika Pawar
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