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Molecular Spectroscopy Market: Analysis by Technology (NMR, UV-Visible, IR, NIR, Raman), Application, Growth and Top Companies - Bruker (US), Thermo Fisher Scientific, Inc. (US), PerkinElmer, Inc. (US), Agilent Technologies, Inc. (US)

06-30-2021 03:36 PM CET | Health & Medicine

Press release from: ReportsnReports

The Molecular Spectroscopy Market report focuses on market taxonomy, regional analysis, opportunity assessment, and vendor analysis to help with a comprehensive evaluation of the global market. This study will help market participants to get a good understanding of the future development of the market and the Medical Devices industry. The key findings and recommendations of this report emphasize crucial progressive industry trends in the global market, thereby allowing market players across the value chain to develop effective long-term strategies. Highlights about the key business priorities assist the companies to realign their business strategies. For making the research report exhaustive, Porter’s five forces analysis and SWOT analysis have been used effectively.

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Some of the major players in the molecular spectroscopy market include

Bruker (US),
Thermo Fisher Scientific, Inc. (US),
PerkinElmer, Inc. (US),
Agilent Technologies, Inc. (US),
and Shimadzu Corporation (Japan).

The global molecular spectroscopy market is estimated to grow at a CAGR of 6.6% from 2017 to 2022, to reach USD 6.85 billion. The key factors driving the growth of the overall molecular spectroscopy market include the rising food safety concerns, increasing use of molecular spectroscopy in environmental screenings, growing popularity of molecular spectroscopy techniques in pharmaceutical and biotechnology industries, and technological advancements in molecular spectroscopy. However, the high cost of molecular spectroscopy systems is likely to restrain the growth of the market during the forecast period.

“The pharmaceutical application is projected to grow at the highest CAGR during the forecast period”

Based on application, the molecular spectroscopy market is segmented into pharmaceutical applications, environmental testing, food and beverage testing, biotechnology and biopharmaceutical application, academic research and other applications. During the forecast period, the pharmaceutical application is expected to grow at the highest CAGR. This growth is mainly due to the growing importance of molecular spectroscopy in various stages of drug development and increasing R&D in pharmaceutical industries.

“Asia Pacific to witness the highest growth during the forecast period”

Asia Pacific is expected to grow at the highest CAGR in the global molecular spectroscopy market during the forecast period of 2017–2022. Thriving biotechnology market in China, growing focus on environmental protection, growing biomedical and medical research in Japan, and rising food safety concerns in India are expected to drive market growth during the forecast period.

Break of primary participants was as mentioned below:

By Company Type – Tier 1–52%, Tier 2-30%, and Tier 3–18%
By Designation – C-level–45%, Director Level–30%, Others–25%
By Region – North America–36%, Europe–24%, Asia-Pacific–29%, RoW–11%

Research Coverage:

The report analyzes the molecular spectroscopy market and aims at estimating the market size and the future growth potential of this market based on various segments such as type of molecular spectroscopy, technology, application, and region. The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies.

This report provides insights on the following pointers:

Market Penetration: Comprehensive information on product and service portfolios offered by the top players in the global molecular spectroscopy market
Service Enhancement/Innovation: Detailed insights on upcoming trends and service launches in the global molecular spectroscopy market
Market Development: Comprehensive information about the lucrative emerging markets by type of technology, application, and region
Market Diversification: Exhaustive information about new services or service enhancements, growing geographies, recent developments, and investments in the global molecular spectroscopy market
Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and services of leading players in the market

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Table of Contents

1 Introduction
1.1 Objectives of Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Research
2.2.2.1 Key Industry Insights
2.2.2.2 Key Data From Primary Sources
2.2.2.3 Key Insights From Primary Sources
2.3 Market Size Estimation Methodology
2.4 Market Data Validation and Triangulation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Molecular Spectroscopy Market Snapshot
4.2 Molecular Spectroscopy Market, By Technology 2017 vs 2022 (USD Million)
4.3 Molecular Spectroscopy Market, By Application, 2017 vs 2022
4.4 Geographic Snapshot of the Molecular Spectroscopy Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Applications of Molecular Spectroscopy in Environmental Screening
5.2.1.2 Growing Use of Molecular Spectroscopy in Pharmaceutical & Biotechnology Industries
5.2.1.3 Technological Advancements in Molecular Spectroscopy Systems
5.2.1.4 Growing Focus on Ensuring the Quality of Food Products
5.2.2 Restraints
5.2.2.1 High Cost of Molecular Spectroscopy Systems
5.2.3 Opportunities
5.2.3.1 Growing Opportunities in Emerging Markets
5.2.3.2 Potential Applications of Terahertz Spectroscopy in Healthcare
5.2.4 Challenges
5.2.4.1 Dearth of Skilled Professionals

6 Global Molecular Spectroscopy Market, By Technology
6.1 Introduction
6.2 Nuclear Magnetic Resonance Spectroscopy
6.2.1 Fourier-Transform NMR Spectroscopy
6.2.2 Continuous-Wave NMR Spectroscopy
6.2.3 Solid-State NMR Spectroscopy
6.3 UV-Visible Spectroscopy
6.3.1 Single-Beam UV-Visible Spectroscopy
6.3.2 Dual-Beam UV-Visible Spectroscopy
6.3.3 Array-Based UV-Visible Spectroscopy
6.4 Infrared Spectroscopy
6.4.1 Infrared Spectroscopy Market, By Spectrum
6.4.1.1 Mid-Wave Infrared Spectroscopy
6.4.1.2 Short-Wave Infrared Spectroscopy
6.4.1.3 Far-Wave Infrared Spectroscopy
6.4.2 Infrared Spectroscopy Market, By Type
6.4.2.1 Benchtop
6.4.2.2 Infrared Microscopy
6.4.2.3 Portable & Handheld
6.4.2.4 Hyphenated
6.4.2.5 Terahertz
6.5 Near-Infrared Spectroscopy
6.5.1 Scanning Near-Infrared Spectroscopy
6.5.2 Fourier-Transform Near-Infrared Spectroscopy
6.5.3 Filter Nir Spectroscopy/Acoustic-Optical Tunable Filter-Nir Spectroscopy
6.6 Color Measurement Spectroscopy
6.7 Raman Spectroscopy
6.7.1 Raman Spectroscopy Market, By Sampling Technique
6.7.1.1 Surface-Enhanced Raman Scattering
6.7.1.2 Tip-Enhanced Raman Scattering
6.7.1.3 Other Raman Spectroscopy Techniques
6.7.2 Raman Spectroscopy Market, By Type
6.7.2.1 Micro-Raman Spectroscopy
6.7.2.2 Probe-Based Raman Spectroscopy
6.7.2.3 FT-Raman Spectroscopy
6.8 Other Technologies

7 Molecular Spectroscopy Market, By Application
7.1 Introduction
7.2 Pharmaceutical Applications
7.3 Food & Beverage Testing
7.4 Biotechnology & Biopharmaceutical Applications
7.5 Environmental Testing
7.6 Academic Research
7.7 Other Applications

8 Molecular Spectroscopy Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 Growing Funding for Environmental Testing
8.2.1.2 Use of Molecular Spectroscopy in the Pharmaceutical Sector
8.2.1.3 Conferences on Analytical Technologies in the US
8.2.1.4 Growing Food Safety Concerns in the US
8.2.2 Canada
8.2.2.1 Growing Funding for Research and Infrastructural Development
8.3 Europe
8.3.1 Eu-5
8.3.1.1 Favorable Scenario of Biotechnology and Pharmaceutical Industry in Germany, Italy, and the UK
8.3.1.2 Conferences on Analytical Technologies in Germany
8.3.1.3 Changing Patterns of Food Production and Consumption in the UK
8.3.1.4 Focus of the Pharmaceutical Market Players to Enhance Their Presence in France
8.3.1.5 Funding From Venture Capitalists Driving the Life Sciences Sector in Spain
8.3.2 Rest of Europe (RoE)
8.3.2.1 Russia: Growth of the Pharmaceutical Industry
8.3.2.2 Rising Research Investments in Sweden, Austria, and Denmark
8.4 Asia Pacific
8.4.1 China
8.4.1.1 Growing Focus on Environment Protection
8.4.1.2 Thriving Biotechnology Market in China
8.4.2 Japan
8.4.2.1 Growth in Biomedical and Medical Research in Japan
8.4.2.2 Conferences and Symposia
8.4.3 India
8.4.3.1 Growth of the Indian Food Industry, Rising Food Safety Concerns
8.4.4 Rest of Asia Pacific
8.4.4.1 Growing Molecular Diagnostics Testing in RoAPAC Countries
8.4.4.2 Federal Collaborations in Australia
8.5 Rest of the World (RoW)
8.5.1 Growing Awareness About Food Safety in the UAE
8.5.2 Funding for the Biotechnology & Pharmaceutical Industries in Brazil
8.5.3 Increasing Focus of Pharmaceutical Companies on Africa

9 Competitive Landscape
9.1 Overview
9.2 Market Share Analysis
9.3 Competitive Leadership Mapping (2017)
9.3.1 Visionary Leaders
9.3.2 Innovators
9.3.3 Dynamic Differentiators
9.3.4 Emerging Companies
9.4 Competitive Benchmarking
9.4.1 Strength of Product Portfolio (25 Companies)
9.4.2 Business Strategy Excellence (25 Companies)

*Top 25 Companies Analyzed for This Study are - Bruker Corporation (US), Thermo Fisher Scientific, Inc. (U.S), Perkinelmer, Inc. (US), Agilent Technologies, Inc. (US), Shimadzu Corporation (Japan), Danaher Corporation (US), ABB (Switzerland), Merck KGaA (Germany), Jeol Ltd. (Japan), Foss (Denmark), Jasco, Inc. (US), Horiba Ltd. (US), Sgs Malaysia Sdn Bhd (Malaysia), Analytik Jena AG (Germany), Ocean Optics, Inc. (US), Metrohm AG (Switzerland), B&W Tek Inc. (US), Hitachi Ltd.(Japan), Bayspec, Inc. (US), Advantest Corporation (Japan), Gasmet Technologies Oy (Finland), Buchi Corporation (US), Specac Ltd. (UK), Avantes Bv (Netherlands), Oxford Instruments (UK).

10 Company Profiles
(Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments.)*
10.1 Bruker Corporation
10.2 Thermo Fisher Scientific, Inc.
10.3 Perkinelmer, Inc.
10.4 Agilent Technologies, Inc.
10.5 Shimadzu Corporation
10.6 Danaher Corporation
10.7 ABB
10.8 Merck KGaA
10.9 Jeol Ltd.
10.10 Jasco, Inc.
10.11 Foss
10.12 Horiba, Ltd.

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

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