Portable Analytical Instrument Market Report: Trends, Forecast and Competitive Analysis to 2030

Portable Analytical Instrument Trends and Forecast

The future of the global portable analytical instrument market looks promising with opportunities in the academic and research institute, environmental testing, food and beverage, and pharmaceutical and biotechnology company markets. The global portable analytical instrument market is expected to reach an estimated $12.9 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are rising healthcare expenditure and increasing food and environmental concerns.

A more than 150-page report is developed to help in your business decisions.

Portable Analytical Instrument by Segment

The study includes a forecast for the global portable analytical instrument by technology, product, end use, and region.

Portable Analytical Instrument Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Spectroscopic Analysis
• Elemental Analysis
• Others

Portable Analytical Instrument Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Colorimeters
• Conductivity and Resistivity Meters
• Dissolved Co2 and O2 Meters
• Gas Analyzers
• pH Meters
• Refractrometers
• Spectrometers
• Others

Portable Analytical Instrument Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Academic and Research Institutes
• Environmental Testing Industries
• Food and Beverage Industries
• Pharmaceutical and Biotechnology Companies

Portable Analytical Instrument Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Portable Analytical Instrument 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 portable analytical instrument companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the portable analytical instrument companies profiled in this report include-

• Thermo Fisher Scientific
• B&W Tek
• Danaher
• Bruker
• Shimadzu

Portable Analytical Instrument Market Insights

Lucintel forecasts that spectroscopic analysis is expected to witness the higher growth over the forecast period due to its high precision and accuracy.

Within this market, food and beverage industry will remain the largest segment due to strict government regulations.

North America is expected to witness highest growth over the forecast period due to major key players are present in this region.

Features of the Global Portable Analytical Instrument Market

Market Size Estimates: Portable analytical instrument 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: Portable analytical instrument market size by technology, product, end use, and region in terms of value ($B).

Regional Analysis: Portable analytical instrument market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, products, end uses, and regions for the portable analytical instrument market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the portable analytical instrument market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the portable analytical instrument market size?

Answer: The global portable analytical instrument market is expected to reach an estimated $12.9 billion by 2030.

Q2. What is the growth forecast for portable analytical instrument market?

Answer: The global portable analytical instrument market is expected to grow with a CAGR of 3.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the portable analytical instrument market?

Answer: The major drivers for this market are rising healthcare expenditure and increasing food and environmental concerns.

Q4. What are the major segments for portable analytical instrument market?

Answer: The future of the global portable analytical instrument market looks promising with opportunities in the academic and research institute, environmental testing, food and beverage, and pharmaceutical and biotechnology company markets.

Q5. Who are the key portable analytical instrument market companies?

Answer: Some of the key portable analytical instrument companies are as follows.

• Thermo Fisher Scientific
• B&W Tek
• Danaher
• Bruker
• Shimadzu

Q6. Which portable analytical instrument market segment will be the largest in future?

Answer: Lucintel forecasts that spectroscopic analysis is expected to witness the higher growth over the forecast period due to its high precision and accuracy.

Q7. In portable analytical instrument market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to major key players are present in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the portable analytical instrument market by technology (spectroscopic analysis, elemental analysis, and others), product (colorimeters, conductivity and resistivity meters, dissolved CO2 and O2 meters, gas analyzers, ph meters, refractrometers, spectrometers, and others), end use (academic and research institutes, environmental testing industries, food and beverage industries, and pharmaceutical and biotechnology companies), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?