Process Analytical Technology Market to Reach US$ 3.30 Billion by 2021 Driven by Pharmaceutical Manufacturers and CROs

Global process analytical technology market is segmented on basis of technique, measurement, products and services, end user, and region. The global process analytical technology market is poised to reach USD 3.30 Billion by 2021 from USD 1.77 Billion in 2016, at a CAGR of 13.3% from 2016 to 2021.

The process analytical technology market is dominated by established players such as Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Bruker Corporation (U.S.), and PerkinElmer, Inc. (U.S.).

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Growth in process analytical technology market is primarily driven by factors such as government regulations on drug safety, need for manufacturing process efficiency leading to quality improvement, and technological advancements in analytical devices.

Process Analytical Technology Market, By Technique
1 Introduction
2 Spectroscopy
3 Spectroscopy Market, By Type
4 Molecular Spectroscopy
5 Mass Spectrometry
6 Atomic Spectroscopy
7 Chromatography
8 Chromatography Market, By Type
9 Liquid Chromatography (LC) Systems
10 Gas Chromatography (GC) Systems

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Growth in the market is primarily driven by factors such as government regulations on drug safety, need for manufacturing process efficiency leading to quality improvement, and technological advancements in analytical devices. Other factors supporting market growth include an increase in R&D spending by pharma and biopharma companies and increasing government investments in emerging countries.

Competitive Landscape
1 Introduction
2 Market Player Ranking
3 Competitive Situation and Trends
4 Product Launches
5 Agreements, Collaborations, and Partnerships
6 Expansions

More Details on “Process Analytical Technology Market by Technique (Spectroscopy, Chromatography), Measurement (On-Line, In-Line, At-Line), Products and Services (Analyzers, Probes & Sensors), End - User (Pharmaceutical Manufacturers, CRO & CMO) - Global Forecast to 2021” Report at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=880865 .

The report also offers market sizes and data on the growth of various segments in the industry. It focuses on emerging and high-growth segments, high-growth regions, and initiatives of governments. The competitive landscape covers growth strategies adopted by industry players in the last three years. Product launches was the dominant strategy adopted by key industry participants to increase their market share and cater to unmet needs.

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