Global Analytical Instrumentation Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Analytical instrumentation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Analytical instrumentation market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global analytical instrumentation market size reached US$ 46.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.89% during 2023-2028.
Analytical instrumentation refers to devices and equipment used to measure, analyze, and interpret the composition, structure, and properties of substances. It can detect and quantify elements and compounds in a sample, which provides valuable data that can impact quality control, research and development (R&D), and compliance with regulations. It helps identify chemical compositions and concentrations, which are vital for developing new products and maintaining quality. It is commonly available in mass spectrometers, chromatographs, and spectrophotometer variants, which enables precise and accurate analyses. It is used in various fields, such as chemistry, physics, biology, environmental science, and medicine.
Global Analytical Instrumentation Market Trends and Drivers:
The increasing use of analytical instrumentation in the pharmaceutical industry for identifying compound structures and ensuring product purity represents one of the primary factors bolstering the market growth around the world. In addition, the rising adoption of analytical instrumentation like gas chromatographs and spectrometers for testing water quality, air pollution levels, and soil composition to help monitor the presence of pollutants and other hazardous substances is favoring the growth of the market. Apart from this, the growing utilization of analytical instrumentation in the food and beverage (F&B) sector to ensure food safety in processed and ready to eat (RTE) food products is influencing the market positively.
Global Analytical Instrumentation Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Agilent Technologies Inc., Bio-Rad Laboratories Inc., Bruker Corporation, Mettler Toledo, PerkinElmer Inc., Shimadzu Corporation, Spectris plc, Thermo Fisher Scientific Inc. and Waters Corporation.
The report segmented the market on the basis of region, product type and end user.
Breakup by Product Type:
- Chromatography
- Molecular Analysis Spectroscopy
- Elemental Analysis Spectroscopy
- Mass Spectroscopy
- Analytical Microscopes
- Others
Breakup by End User:
- Life Sciences
- Chemical and Petrochemical
- Material Sciences
- Food Testing
- Oil and Gas
- Water and Wastewater
- 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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- 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.
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