PUBLISHER: Lucintel | PRODUCT CODE: 1416340
PUBLISHER: Lucintel | PRODUCT CODE: 1416340
Spectrometry Trends and Forecast
The future of the global spectrometry market looks promising with opportunities in the pharmaceutical and biotechnology company, and research & academic institute markets. The global spectrometry market is expected to reach an estimated $21.7 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing utilization of spectrometry instruments in pharmaceutical and biotechnological industries, rising number of contract research organizations, and strategic initiatives from leading market players.
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Spectrometry by Segment
The study includes a forecast for the global spectrometry by type, end use, and region.
Spectrometry Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Spectrometry Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Spectrometry Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Spectrometry Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies spectrometry companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the spectrometry companies profiled in this report include-
Spectrometry Market Insights
Lucintel forecasts that molecular spectrometry will remain the largest segment over the forecast period due to its increasing application in life science industry and easy availability of technologically advanced products.
Within this market, pharmaceutical and biotechnology companies will remain the largest segment due to growing adoption of this spectrometry techniques in biopharmaceutical firms.
North America will remain the largest region over the forecast period due to growing adoption of new advanced spectroscopic products and techniques, robust infrastructure for research, and presence of key players in the region.
Features of the Global Spectrometry Market
Market Size Estimates: Spectrometry market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Spectrometry market size by type, end use, and region in terms of value ($B).
Regional Analysis: Spectrometry market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the spectrometry market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the spectrometry market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the spectrometry market size?
Answer: The global spectrometry market is expected to reach an estimated $21.7 billion by 2030.
Q2. What is the growth forecast for spectrometry market?
Answer: The global spectrometry market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the spectrometry market?
Answer: The major drivers for this market are increasing utilization of spectrometry instruments in pharmaceutical and biotechnological industries, rising number of contract research organizations, and strategic initiatives from leading market players.
Q4. What are the major segments for spectrometry market?
Answer: The future of the spectrometry market looks promising with opportunities in the pharmaceutical and biotechnology company, and research & academic institute markets.
Q5. Who are the key spectrometry market companies?
Answer: Some of the key spectrometry companies are as follows:
Q6. Which spectrometry market segment will be the largest in future?
Answer: Lucintel forecasts that molecular spectrometry will remain the largest segment over the forecast period due to its increasing application in life science industry and easy availability of technologically advanced products.
Q7. In spectrometry market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing adoption of new advanced spectroscopic products and techniques, robust infrastructure for research, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.