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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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
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]:
• Molecular Spectrometry
• Mass Spectrometry
• Atomic Spectrometry
Spectrometry Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Pharmaceutical and Biotechnology Companies
• Research & Academic Institutes
• Others
Spectrometry Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
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-
• Bruker Corporation
• endress+hauser
• Leco Corporation
• Kore Technology
• Perkin Elmer
• Thermo Fisher Scientific
• shimadzu corporation
• Danaher Corporation
• Agilent Technologies
• Waters
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:
• Bruker Corporation
• endress+hauser
• Leco Corporation
• Kore Technology
• Perkin Elmer
• Thermo Fisher Scientific
• shimadzu corporation
• Danaher Corporation
• Agilent Technologies
• Waters
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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the spectrometry market by type (molecular spectrometry, mass spectrometry, and atomic spectrometry), end use (pharmaceutical and biotechnology companies, research & academic institutes, and others), 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?
For any questions related to Spectrometry Market, Spectrometry Market Size, Spectrometry Market Growth, Spectrometry Market Analysis, Spectrometry Market Report, Spectrometry Market Share, Spectrometry Market Trends, Spectrometry Market Forecast, Spectrometry Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Spectrometry Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Spectrometry Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Spectrometry Market by Type
3.3.1: Molecular Spectrometry
3.3.2: Mass Spectrometry
3.3.3: Atomic Spectrometry
3.4: Global Spectrometry Market by End Use
3.4.1: Pharmaceutical and Biotechnology Companies
3.4.2: Research & Academic Institutes
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Spectrometry Market by Region
4.2: North American Spectrometry Market
4.2.2: North American Spectrometry Market by End Use: Pharmaceutical and Biotechnology Companies, Research & Academic Institutes, and Others
4.3: European Spectrometry Market
4.3.1: European Spectrometry Market by Type: Molecular Spectrometry, Mass Spectrometry, and Atomic Spectrometry
4.3.2: European Spectrometry Market by End Use: Pharmaceutical and Biotechnology Companies, Research & Academic Institutes, and Others
4.4: APAC Spectrometry Market
4.4.1: APAC Spectrometry Market by Type: Molecular Spectrometry, Mass Spectrometry, and Atomic Spectrometry
4.4.2: APAC Spectrometry Market by End Use: Pharmaceutical and Biotechnology Companies, Research & Academic Institutes, and Others
4.5: ROW Spectrometry Market
4.5.1: ROW Spectrometry Market by Type: Molecular Spectrometry, Mass Spectrometry, and Atomic Spectrometry
4.5.2: ROW Spectrometry Market by End Use: Pharmaceutical and Biotechnology Companies, Research & Academic Institutes, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Spectrometry Market by Type
6.1.2: Growth Opportunities for the Global Spectrometry Market by End Use
6.1.3: Growth Opportunities for the Global Spectrometry Market by Region
6.2: Emerging Trends in the Global Spectrometry Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Spectrometry Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Spectrometry Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Bruker Corporation
7.2: endress+hauser
7.3: Leco Corporation
7.4: Kore Technology
7.5: Perkin Elmer
7.6: Thermo Fisher Scientific
7.7: shimadzu corporation
7.8: Danaher Corporation
7.9: Agilent Technologies
7.10: Waters
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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