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NMR Magnets Market - Increasing Demand from the Pharmaceutical Sector Drives Growth

01-05-2019 04:29 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Nuclear Magnetic Resonance (NMR) is an analytical chemistry technique in which there are nuclei in a magnetic field and it re-emit electromagnetic radiation. The theory behind NMR comes from the spin of a nucleus that can generate magnetic field without any external magnetic field so that the nuclear spins are random in direction.

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Nuclear Magnetic Resonance (NMR) is theoretically a powerful complex analytical tool. It is used for research to determine the content and purity of the sample. There are varieties of NMR techniques that are available and are used to acquire the desired results.

In addition, Nuclear magnetic resonance is used in advanced medical imaging technique like magnetic resonance imaging (MRI). NMR is also used in vivo phosphorus NMR spectroscopy in which the chemical shift is used to provide an indication.

The global Nuclear Magnetic Resonance market is segmented on the basis of end user and geography. On the basis of end user, the global Nuclear Magnetic Resonance (NMR) market is segmented into oil and gas, chemical and pharmaceutical among others.

The pharmaceutical segment leads the market and is expected to have a promising growth in the coming years. The development in NMR magnets is attributable to the growing demand for these across various industries including oil and gas and academics. In academics, the NMR magnets are used in organic chemistry lab extensively for structure elucidation. European agencies have proactively funded NMR technology development and invested in the build out of academic core research facilities.

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