Molecular Spectroscopy Market Report by Product Type, Technology, Application and Geography
IMARC Group’s latest research report, titled “Molecular Spectroscopy Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global molecular spectroscopy market reached a value of US$ 6.25 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.23 Billion by 2027, exhibiting a CAGR of 4.50% during 2022-2027.
Molecular spectroscopy measures the interaction between electromagnetic radiations with numerous frequencies and energies. It studies the qualitative and quantitative characteristics of molecules. It also helps produce an absorption pattern, or spectrum to conclude compositional and structural information. Some commonly available technologies include Raman, ultraviolet/visible (UV/VIS), mass, nuclear magnetic resonance (NMR), infrared and near-infrared spectroscopy. Owing to these properties, molecular spectroscopy is extensively utilized for academic research, biotechnology, environmental testing, and food and beverage (F&B) assessments.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by product type, technology, application and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for molecular spectroscopy market
- Strategies of major players and product offerings
The market is primarily driven by the widespread adoption of molecular spectroscopy across healthcare, biotechnology, and food and beverage (F&B) industries. In addition, the healthcare sector has introduced various efficient and accurate hybrid imaging systems, such as positron-emitted tomography (PET) devices and computed tomography (CT), representing another major growth-inducing factor. Besides this, rapid technological advancements in molecular spectroscopy and its widespread adoption in the pharmaceutical industry to discover newer molecules are also contributing to market growth. Apart from this, several favorable initiatives undertaken by governments of numerous industries to promote the employment of molecular spectroscopy for treating wastewater, environmental screening, and evaluating polycyclic aromatic hydrocarbons (PAH) levels, are augmenting the market growth. Other factors, including the significant expansion of the biotechnology industry, rising food safety concerns, and the increasing application of Raman spectroscopy for coronavirus disease (COVID-19) testing, are creating a positive market outlook across the globe.
Key Players Included in Global Research Report:
- ABB Ltd.
- Agilent Technologies Inc.
- Bruker Corporation
- Hitachi Ltd.
- Horiba Ltd.
- JASCO Inc.
- JEOL Ltd.
- Medtronic plc
- Merck KGaA
- PerkinElmer Inc.
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
- VIAVI Solutions Inc.
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COVID-19 Impact on Market: (Positive Impact)
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Breakup by Product Type:
- Consumables
- Instruments
Breakup by Technology:
- NMR Spectroscopy
- Raman Spectroscopy
- UV-Visible Spectroscopy
- Mass Spectroscopy
- Infrared Spectroscopy
- Near-Infrared Spectroscopy
- Others
The Breakup by Application:
- Pharmaceutical Applications
- Food and Beverage Testing
- Biotechnology and Biopharmaceutical Applications
- Environmental Testing
- Academic Research
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Molecular Spectroscopy Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Molecular Spectroscopy Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.
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