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Analytical Instrumentation Market 2021 Analysis by Top Manufacturers - Agilent Technologies, Inc, Bruker Corporation, PerkinElmer Inc., Thermo Fisher Scientific
Global Analytical Instrumentation Market Size, Status and Forecast 2021-2025The Analytical Instrumentation market report is the most important research for who looks for complete information on the Analytical Instrumentation market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, Analytical Instrumentation market scenario, and feasibility study are the vital aspects analyzed in this report.
The global analytical instrumentation market is projected to grow at a CAGR of 8.4% during the forecast period (2020 - 2025).
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Top Leading Companies of Global Analytical Instrumentation Market are Agilent Technologies, Inc, Bruker Corporation, PerkinElmer Inc., Thermo Fisher Scientific, Shimadzu Corporation, F. Hoffmann-La Roche Ltd, Mettler Toledo International, Waters Corp., Eppendorf AG, Bio-Rad Laboratories, Inc. and others.
- September 2019 - Bruker announced the launch of the INVENIO X Fourier Transform Infrared (FTIR) system for research in molecular spectroscopy. This announcement is in line with the expansion of their next-generation INVENIO FTIR R&D platform.Key Market Trends
The Growing Demand from Life Sciences and Pharma & Bio-pharma is Expected to Augment the Market
- The growing global pharmaceutical market is driving the demand for R&D efforts; various pharma processes and operations drive the demand for analytical instruments. According to IQVIA, global pharmaceutical sales during fiscal 2018 stood at USD 982 billion an increase of USD 42 billion compared to the previous year.
- The vitality of the Pharma industry's spending on R&D efforts and patents is paramount, owing to which the industry drives the demand for analytical instruments. According to EFPIA, the number of new chemicals or biological entities developed by the pharmaceutical industry between 1992 and 2018 stood at a total of 267, and pharmaceutical R&D expenditure's annual growth rate stood at 3.8% and 8.6% for Europe and the US respectively between 2014-2018.
- The growth of the life science industry across the globe is directly influencing the analytical instruments market; the industry is observing various investments in different regions depending on the market potential. For instance, according to the Office for Life Sciences UK, the life sciences foreign direct investment during fiscal 2018 stood at EUR 1.1 billion.
- Several organizations worldwide are spending on R&D to gain a competitive advantage in various fields; this is expected to influence the analytical instrumentation market positively. Roche Holdings and Merck & Co, which are life sciences companies spent USD 11.76 and 10.18 billion respectively on R&D during fiscal 2018.
Americas Holds Prominent Share of the Market
- Owing to the presence of the US, Canada, and Brazi; which are the countries that spend a significant amount on R&D and hold a prominent share in Oil & Gas, life sciences, pharma & biopharma industries, materials sciences. The region holds a lion share of the analytical instrument market. According to EFPIA, the US observed an annual growth of 8.6% between 2014 and 2018 in pharmaceutical R&D spending.
- The US is a prominent market and home to major pharmaceutical vendors, hence the US pharmaceutical industry is increasingly spending on R&D. According to PhRMA, the US pharmaceutical industry spent USD 17.4 and 62.22 billion on R&D at home and abroad respectively during fiscal 2018.
- Canada has a prominent oil & gas industry and holds a significant share on a global scale, owing to this the country is observing the demand for analytical instruments. According to British Petroleum, as of 2018, Canada holds 9.7% of the global oil reserves.
- The region holds a major share of the global pharmaceutical industry, owing to the demand and production of numerous pharma products and services; this is expected to positively influence the analytical instruments market. According to IQVIA, the North America region was home to 48.9% of the global pharmaceutical sales during fiscal 2018.
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Crucial Elements from the Table of Contents of Global Analytical Instrumentation Market:
- Analytical Instrumentation Market Overview
- Global Analytical Instrumentation Market Competition, Profiles/Analysis, Strategies
- Global Analytical Instrumentation Capacity, Production, Revenue (Value) by Region (2016-2021)
- Global Analytical Instrumentation Supply (Production), Consumption, Export, Import by Region (2016-2021)
- Global Analytical Instrumentation Market Regional Highlights
- Industrial Chain, Sourcing Strategy, and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Market Decisions for the present scenario
- Global Analytical Instrumentation Market Forecast (2021-2025)
- Case Studies
- Research Findings and Conclusion
The research includes historic data from 2016 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Analytical Instrumentation Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. The Analytical Instrumentation industry report additionally presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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