Market Overview:
The global molecular spectroscopy equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for molecular spectroscopy equipment in various applications such as medicine, food, and biological research. In addition, the growing demand for these devices from emerging economies is also contributing to the growth of this market. On the basis of type, NMR accounted for a major share of the global molecular spectroscopy equipment market in 2017. This segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030.
Product Definition:
Molecular Spectroscopy equipment is used to study the physical and chemical properties of molecules. This equipment can be used to identify different molecules, determine their mass, and measure their energy levels. Molecular spectroscopy is important for understanding the structure and behavior of molecules.
NMR:
The global NMR (Nuclear Magnetic Resonance) market size was valued at USD 2.5 billion in 2015 and is expected to witness a CAGR of XX% over the forecast period on account of its increasing usage in drug discovery, biomarker development, and clinical research studies. The rising number of biotechnology companies coupled with increasing government funding for R&D activities are anticipated to drive the demand for NMR equipment over the forecast period.
UV-Visible:
UV-Visible is a part of the electromagnetic spectrum with a wavelength between 200 nm to 400 nm. It is also known as short-wave ultraviolet light. UV visible light can be used for molecular spectroscopy equipment in various applications such as detection of impurities and chemical analysis of food, drugs, and beverages (FDA).
The increasing demand for accurate results from laboratory tests has led to the development of advanced technologies that provide faster testing procedures at lower costs.
Application Insights:
The other application segment covers chemical analysis and drug discovery applications. The other segment held the largest market share in 2017, owing to the increasing demand for spectroscopy-based equipment from various industries such as food, pharmaceuticals and cosmetics. In addition, this equipment is widely used in environmental analysis due to its ability to provide detailed information regarding molecular structures and properties of samples.
Nuclear magnetic resonance (NMR) is one of the most widely used techniques for chemical analysis due to its ability to provide structural details about a sample with high spatial resolution. It has emerged as one of the most popular methods for analyzing biological compounds since it provides detailed information regarding their structure at a atomic level which includes bond distances and angles between atoms/groups within molecules etc.
Regional Analysis:
North America dominated the global molecular spectroscopy equipment market in 2016. This can be attributed to the presence of a large number of research laboratories and universities using these techniques for research purposes. The region is expected to maintain its dominance throughout the forecast period owing to continuous technological advancements coupled with high R&D investments by industry players.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government funding for basic science research along with rising demand from pharmaceutical and biotechnology industries for drug discovery processes, which are some of the major applications that drive this regional market forward. Moreover, countries such as Japan have been investing heavily in this sector due to growing demand from local manufacturers looking for cost-effective equipment suitable for small laboratory spaces or even home use thus making it an attractive regional market space overall.
Growth Factors:
- Increasing demand for molecular spectroscopy equipment in the pharmaceutical and biotechnology industries for drug discovery and development.
- Rising demand from academic research institutes for advanced analytical tools to study complex molecules.
- Growing application of molecular spectroscopy equipment in food and beverage industry for quality control and product development purposes.
- Increasing use of molecular spectroscopy equipment in forensic science to identify unknown substances or compounds present in crime scene evidence samples.
- Technological advancements that are making molecular spectroscopy equipment more compact, portable, and affordable, which is aiding their adoption across a wider range of applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Molecular Spectroscopy Equipment Market Research Report
By Type
NMR, UV-Visible, IR, NIR
By Application
Medicine, Food, Biological, Other
By Companies
ABB, Agilent Technologies, Bruker, Danaher Corporation, Foss, Jasco, Jeol, Perkinelmer, Shimadzu, Thermo Fisher Scientific, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Molecular Spectroscopy Equipment Market Report Segments:
The global Molecular Spectroscopy Equipment market is segmented on the basis of:
Types
NMR, UV-Visible, IR, NIR
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medicine, Food, Biological, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Agilent Technologies
- Bruker
- Danaher Corporation
- Foss
- Jasco
- Jeol
- Perkinelmer
- Shimadzu
- Thermo Fisher Scientific
- ABB
Highlights of The Molecular Spectroscopy Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NMR
- UV-Visible
- IR
- NIR
- By Application:
- Medicine
- Food
- Biological
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Molecular Spectroscopy Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Molecular spectroscopy equipment is a type of scientific instrument used to study the structure and properties of molecules. This equipment can be used to identify the chemical elements present in a molecule, as well as measure the energy levels of individual atoms or molecules.
Some of the key players operating in the molecular spectroscopy equipment market are ABB, Agilent Technologies, Bruker, Danaher Corporation, Foss, Jasco, Jeol, Perkinelmer, Shimadzu, Thermo Fisher Scientific, ABB.
The molecular spectroscopy equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Molecular Spectroscopy Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Molecular Spectroscopy Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Molecular Spectroscopy Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Molecular Spectroscopy Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Molecular Spectroscopy Equipment Market Size & Forecast, 2020-2028
4.5.1 Molecular Spectroscopy Equipment Market Size and Y-o-Y Growth
4.5.2 Molecular Spectroscopy Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 NMR
5.2.2 UV-Visible
5.2.3 IR
5.2.4 NIR
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medicine
6.2.2 Food
6.2.3 Biological
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Molecular Spectroscopy Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Molecular Spectroscopy Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 NMR
9.6.2 UV-Visible
9.6.3 IR
9.6.4 NIR
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medicine
9.10.2 Food
9.10.3 Biological
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 NMR
10.6.2 UV-Visible
10.6.3 IR
10.6.4 NIR
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medicine
10.10.2 Food
10.10.3 Biological
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 NMR
11.6.2 UV-Visible
11.6.3 IR
11.6.4 NIR
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medicine
11.10.2 Food
11.10.3 Biological
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 NMR
12.6.2 UV-Visible
12.6.3 IR
12.6.4 NIR
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medicine
12.10.2 Food
12.10.3 Biological
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 NMR
13.6.2 UV-Visible
13.6.3 IR
13.6.4 NIR
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medicine
13.10.2 Food
13.10.3 Biological
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Molecular Spectroscopy Equipment Market: Competitive Dashboard
14.2 Global Molecular Spectroscopy Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Agilent Technologies
14.3.3 Bruker
14.3.4 Danaher Corporation
14.3.5 Foss
14.3.6 Jasco
14.3.7 Jeol
14.3.8 Perkinelmer
14.3.9 Shimadzu
14.3.10 Thermo Fisher Scientific
14.3.11 ABB
