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Global Ultra Fast Handheld Spectrophotometer Market to Witness Significant Revenue Growth on Back of Augmenting Demand

11-17-2020 09:54 AM CET | Health & Medicine

Press release from: Persistence Market Research

Increasing demand for fast measurement technologies for bioprocessing in testing and clinical laboratories will lead the way for product innovation in measurement devices. A spectrophotometer plays an integral role in life science and chemical analytical industries. The spectrophotometer has a wide range of applications – it is used for biotechnological testing, in various pharmaceutical applications and for food and beverage testing. Spectrophometers are used in a majority of laboratories for the detection of various chemical.

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The ultra-fast handheld spectrophotometer is a special handheld spectrophotometer device used in life science, environmental surveillance, chemical industry and food & beverage to measure the concentration of a liquid sample. The ultra-fast handheld spectrophotometer is a high-speed device which measures concentration in less than a few seconds. The Ultra-Fast handheld spectrophotometer provides instant on-spot quantification of proteins, nucleic acids, cell density, etc. Ultra-Fast handheld spectrophotometers perform qualitative and quantitative measurement using photometry.

They provide advanced software applications, such as real-time data sharing, cloud storage, option to choose an application, etc. They are mainly used for the quantification of nucleic acids & proteins, such as DNA, RNA and oligo concentration determination, Bradford assay and direct protein concentration, enzymatic assay, etc.

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High demand for Ultra-Fast handheld spectrophotometer in a majority of laboratories for the detection of nucleic acids, proteins and DNA & RNA is expected to boost the sales of Ultra-Fast handheld spectrophotometer devices. Product features, such as high speed, advanced software application, immediate sampling, on spot quantification improve the workflow through speed and portability. Increasing demand from the life science industry for drug discovery and development and bimolecular analysis is also boosting the Ultra-Fast handheld spectrophotometer market.

Research and development in the pharmaceutical and biotechnological sector is another major driver for the market. Increasing applications of ultra-fast spectrometry in proteomics and toxicology market is contributing to the growth in the global ultra-fast handheld spectrophotometer market. Lack of skilled professionals and high costs are some of restraints being witnessed in the global ultra-fast handheld spectrophotometer market.

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The global ultra-fast handheld spectrophotometer market is segmented on the basis of technique, application and end user.

Segmentation by Technique
U-V Visible Spectrometry
Raman Spectrometry
Fluorescence Spectrometry
Near Infrared Spectrometry
Visible Spectrometry
Segmentation by Application
Pharmaceutical Application
Biotechnological Application
Industrial Application
Environmental Application
Space Application
Segmentation by End User
Pharmaceutical Industries
Clinical Laboratories
Biotechnology Laboratories
The Ultra-fast handheld spectrophotometer has been designed to resolve femtosecond absorption and emission spectroscopy for the measurement of liquid and solid samples. The Ultra-fast handheld spectrophotometer also provides the option of data acquisition and data sharing. It holds the ability to determine cell count in seconds. Ultra-fast handheld spectrophotometer also provides effective quantitative and qualitative analysis.

Regionally, the global ultra-fast handheld spectrophotometer market is segmented into six key regions: North America, Latin America, Europe, Asia Pacific excluding China, China and Middle East & Africa. North America is expected to lead the global market due to high adoption of advanced technologies, significant spending power and growing number of research & development activities in the region. Western Europe will be the second largest market. This region will witness high growth rate during the forecast period due to the adoption of high-speed products for the quantification of biomolecules. However, the ultra-fast handheld spectrophotometer market in the Asia-Pacific region is expected to grow at a lucrative growth rate due to increasing manufacturing facilities in countries, such as China. Increasing healthcare expenditure and government initiatives are the major driving factors in the Asia Pacifica market. Japan will be a significant market in the global ultra-fast handheld spectrophotometer market due to the high adoption rate of new technologies in testing and clinical laboratories in Japan.

Some of the players operating in the global ultra-fast handheld spectrophotometer market are Tip Biosystem Pte Ltd, Angstrom Advanced Inc., B&W Tek., Malvern Panalytical Ltd, Metrohm AG, Ocean Optics Inc.and etc. Key players are focusing on launching technologically innovative products, research and development activities and expansion of their business in emerging economies.

The report covers exhaustive analysis on:

Ultra-Fast Handheld Spectrophotometer Market Segments
Ultra-Fast Handheld Spectrophotometer Market Dynamics
Historical Actual Market Size, 2013 – 2017
Ultra-Fast Handheld Spectrophotometer Market Size & Forecast 2018 to 2026
Ultra-Fast Handheld Spectrophotometer Market Current Trends/Issues/Challenges
Competition & Companies involved
Ultra-Fast Handheld Spectrophotometer Market Drivers and Restraints
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Regional Analysis:

North America
Latin America
Europe
Asia Pacific Excluding China
China
Middle East & Africa
Report Highlights:

Shifting industry dynamics
In-depth market segmentation
Historical, current and projected industry size
Recent industry trends
Key competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance

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