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COVID-19 Impact | Particle Size Analysis Market Size by Top Leading Key Players, Growth Opportunities, Incremental Revenue, Trends, Outlook and Forecasts to 2025
ReportsnReports provides in depth study of "Particle Size Analysis" Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Particle Size Analysis Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.The global Particle Size Analysis Market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Particle Size Analysis Market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.
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The global particle size analysis market size is projected to grow from an estimated USD 356 million in 2020 to USD 465 million by 2025, at a CAGR of 5.5% during the forecast period. Market growth is driven largely by factors such as increasing research activities in the field of nanotechnology, growing investments in pharmaceutical R&D, and stringent regulatory guidelines for product quality across industries. However, the heavy import duties on particle size analyzers in developing countries and limitations in particle characterization range are the major factors that are expected to restrain the growth of this market during the forecast period.
By Technology
Laser Diffraction
Dynamic Light Scattering
Imaging
Dynamic Imaging
Static Imaging
Atomic Spectroscopy
Coulter Principle
Nanoparticle Tracking Analysis (NTA)
Other Technologies
By Dispersion Type
Wet Dispersion
Dry Dispersion
Spray Dispersion
By End-use Industry
Healthcare Industry
Pharmaceutical & Biotechnology Companies
Public & Private Institutions
Academic Institutions
Chemicals & Petroleum Industry
Mining, Minerals, & Cement Industry
Food & Beverage Industry
Other Industries
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By technology, the nanoparticle tracking analysis segment is expected to grow at the highest rate during the forecast period
Based on technology, the particle size analysis market is segmented into laser diffraction, dynamic light scattering, imaging, Coulter principle, nanoparticle tracking analysis, and other technologies. The Nanoparticle Tracking Analysis (NTA) segment is expected to register the highest growth over the forecast period. The significant growth of this segment is attributed to the advanced applications of these particle size analyzers and growing research activities in the field of nanotechnology. In addition, NTA is used mainly in biopharma and biotech applications. Increasing R&D activities in the biopharmaceutical industry are expected to drive the market growth of this segment.
By type, the dynamic imaging segment was the largest contributor to the imaging technologies market in 2019
Based on type, the imaging market is segmented into two major types—dynamic and static. Factors such as high-quality/resolution images, better image recognition, user-friendliness, individual sample measurement, and high-speed analysis are driving the growth of the dynamic imaging segment.
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The healthcare industry segment was the largest contributor to the particle size analysis market in 2019
The healthcare industry segment accounted for the largest share of the particle size analysis market, by end user, in 2019. The large share of the healthcare industry segment can be attributed to increasing R&D expenditure by pharmaceutical companies in developing Asian countries and the unmet needs of patients for the treatment of specific diseases (such as cancer) stimulating pharmaceutical research studies. Moreover, government support for drug development, increasing number of biotechnology companies, continuous technological advancements by key players to provide novel particle size analysis technologies, a growing number of company initiatives to increase customer awareness about new analytical solutions available for particle characterization, and the rising number of conferences and events are further propelling the demand for particle size analyzers in the biopharmaceutical and drug discovery industries.
Asia Pacific is expected to grow at the highest CAGR in the particle size analysis market during the forecast period
The Asia Pacific is a major revenue-generating region in the particle size analysis industry. Factors such as increasing awareness of nanotechnology, the presence of key nanotechnology market players, implementation of government reforms & regulations to improve product quality, high quality in industry standards, and the gradual movement of manufacturing activities and pharmaceutical R&D from developed markets to Asian markets are propelling the growth of the APAC particle size analysis market.
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1 Particle Analyzers Market Overview
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