Spectrophotometer Market : Moving Towards a Brighter Future
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According to a survey conducted by European Union (EU) research & development (R&D) scoreboard reveals that in 2016 investments on overall R&D in Europe including healthcare sector has increased by 5.6%, which is expected to support growth in spectrophotometer market size. According to WHO, in Europe from 2006-2016, an increment of 11% in patients suffering from lifestyle diseases, AIDS, tuberculosis and malaria was observed and 46% increase in cardiovascular patients. Increasing number of patients suffering from various diseases is a driving factor for pharmaceutical companies to develop novel drugs, which in turn will lead to growth in spectrophotometer market as drug discovery requires advanced devices such as spectrophotometer. For instance, in 2017 Jenway, a U.K.-based company, launched new Genova bio life science spectrophotometer. It is specially designed for life science applications such as measuring concentration and purity of DNA, RNA and other biological samples.
Spectrophotometer Market Key Players:-
Key Players operating in the spectrophotometer market are Bruker Corporation, Thermo Fisher Scientific, Danher Inc., Water Corporation, Shimadzu Corporation, Bio Rad Corporation, Perkin Elmer, Jenway, Implen, Denovix, and others.
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