Spectroscopy Equipment and Accessories Global Market to Reach $19.5 Billion by 2030: Rise in Drug Development Outsourcing to Fuel Global Spectroscopy Market


Dublin, March 30, 2023 (GLOBE NEWSWIRE) -- The "Spectroscopy Equipment and Accessories: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Spectroscopy Equipment and Accessories estimated at US$15.6 Billion in the year 2022, is projected to reach a revised size of US$19.5 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030.

Molecular Spectroscopy, one of the segments analyzed in the report, is projected to record a 3.1% CAGR and reach US$7.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Atomic Spectroscopy segment is readjusted to a revised 2.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.2 Billion, While China is Forecast to Grow at 4.9% CAGR

The Spectroscopy Equipment and Accessories market in the U.S. is estimated at US$4.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 4.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2030.

Select Competitors (Total 29 Featured) -

  • AB Sciex LLC
  • Agilent Technologies, Inc.
  • Bruker Corporation
  • Digilab, Inc.
  • JEOL Ltd.
  • Metrohm AG
  • Ocean Optics, Inc.
  • PerkinElmer, Inc.
  • Rigaku Corporation
  • Shimadzu Corporation
  • Spectris plc
  • Thermo Fischer Scientific Inc.
  • Waters Corporation

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages187
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$15.6 Billion
Forecasted Market Value (USD) by 2030$19.5 Billion
Compound Annual Growth Rate2.8%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • A Prelude
  • Recent Market Activity
  • Overview
  • Current and Future Analysis
  • Sustained Growth for Aftermarket Products and Services
  • Government Funding and Research Activities Propel Molecular Spectroscopy Market
  • Growing Preference for Handheld Instruments
  • Infrared Spectroscopy - A Peek into Technology and Application Trends
  • Raman Spectroscopy - A Review of Advanced Technologies and Applications
  • Fluorescence Spectroscopy - A Gold Standard Technology
  • Atomic Spectroscopy - An Overview
  • Mass Spectrometry: Technological Developments and Expanding End-Use Applications to Bolster Growth
  • Review of Select MS Technologies
  • Portability: A Major Driving Force for MS Systems Market
  • Nanotube Coating to Enable Miniaturization in Mass Spectrometers
  • High Prices of MS Systems Hold Down Sales Growth
  • Purpose-Built Mass Spectrometers to Transform Personalized Medicine
  • Leading End Users of Mass Spectrometry Devices
  • A Peek into Regulatory and Competitive Landscape in MS
  • Ion-Trap Mass Spectrometry Technology Losses Sheen
  • Reduced Government Spending on Laboratory Testing
  • Lack of Suitable Software and Diversity of MS Systems - A Major Challenge
  • Smaller Clinical Laboratories Continue to Shy Away from Mass Spectrometers
  • Spectroscopy Equipment and Accessories - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rise in Drug Development Outsourcing to Fuel Global Spectroscopy Market
  • Growing Significance of Miniaturization in Spectroscopy
  • Shift of Analytical Instruments Industry to Mass Customization
  • Improved Mobility Broadens the Role of Spectroscopy
  • Improved Analyzer Reliability and Performance
  • Hyphenated Technologies Exhibit Growth
  • Spectroscopy Makes Inroads into Novel Applications
  • Applications Extend to Defense and Civilian Areas
  • Atomic and Molecular Spectrometers Benefit from Technological Improvements
  • Demand for Used Spectroscopy Instruments to Grow Robustly in Future

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Spectroscopy Equipment and Accessories

Coordonnées