United States Analytical Instrument Market Report 2023: Market to Grow by $5.92 Million During 2022-2027 - Market is Experiencing a Surge in Demand for Generic Drugs

Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The "Analytical Instrument Market in US 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The analytical instrument market in US is forecasted to grow by USD 5.92 mn during 2022-2027, accelerating at a CAGR of 2.64%

The analytical instrument market in the US is poised for growth in the coming years, driven by several key factors. One of the primary drivers is the increasing use of electrical and electronic components in the automobile industry, highlighting the importance of analytical instruments in ensuring product quality and safety.

Furthermore, the market is experiencing a surge in demand for generic drugs, driven by various factors such as healthcare cost reduction initiatives and the need for affordable medication. Stringent government regulations related to the manufacturing of analytical instruments, particularly in industries like pharmaceuticals and healthcare, are also contributing to market growth.

The declining prices of photovoltaic (PV) systems are another factor propelling the analytical instrument market forward. As the cost of renewable energy sources like solar power continues to decrease, the need for precise analytical instruments for monitoring and optimizing these systems becomes increasingly important.

Additionally, the emergence of 5G networks is creating new opportunities for analytical instruments. The rollout of 5G technology is driving demand for advanced analytical tools to support network optimization, maintenance, and troubleshooting.

The analytical instrument market in the US offers a holistic analysis, including market size and forecasts, trends, growth drivers, and challenges. The report covers vendor analysis for approximately 25 key players in the market, providing insights to help companies enhance their market positioning.

It also addresses upcoming trends and challenges that will impact market growth, enabling businesses to strategize effectively and capitalize on future opportunities.

A selection of companies mentioned in this report includes

  • ABB Ltd.
  • Agilent Technologies Inc.
  • AMETEK Inc.
  • Bio Rad Laboratories Inc.
  • Bruker Corp.
  • Danaher Corp.
  • Emerson Electric Co.
  • Eppendorf SE
  • F. Hoffmann La Roche Ltd.
  • Fortive Corp.
  • General Electric Co.
  • Honeywell International Inc.
  • Mettler Toledo International Inc.
  • Mitsubishi Electric Corp.
  • PerkinElmer Inc.
  • Shimadzu Corp.
  • Siemens AG
  • Thermo Fisher Scientific Inc.
  • Waters Corp.
  • Yokogawa Electric Corp.

Key Topics Covered:

1 Executive Summary
1.1 Market overview

2 Market Landscape
2.1 Market ecosystem

3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size
4.1 Analytical instrument market in US 2017 - 2021
4.2 Product Segment Analysis 2017 - 2021
4.3 End-User Segment Analysis 2017 - 2021

5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Process control instruments - Market size and forecast 2022-2027
6.4 Laboratory analytical instruments - Market size and forecast 2022-2027
6.5 Electrical measurement equipment - Market size and forecast 2022-2027
6.6 Others - Market size and forecast 2022-2027
6.7 Market opportunity by Product

7 Market Segmentation by End-user
7.1 Market segments
7.2 Comparison by End-user
7.3 Pharmaceutical and biotechnology companies - Market size and forecast 2022-2027
7.4 Food and beverage companies - Market size and forecast 2022-2027
7.5 Environmental testing organizations - Market size and forecast 2022-2027
7.6 Others - Market size and forecast 2022-2027
7.7 Market opportunity by End-user

8 Customer Landscape
8.1 Customer landscape overview

9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
9.4 Market trends

10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
10.3 Landscape disruption
10.4 Industry risks

11 Vendor Analysis
11.1 Vendors covered
11.2 Market positioning of vendors

For more information about this report visit https://www.researchandmarkets.com/r/sp1it2

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