Press release
Molecular Spectroscopy Market is estimated to grow at a CAGR of 4.9% during the forecast period of 2023-2030 : Cognitive Market Research
Molecular Spectroscopy Market is estimated to grow at a CAGR of 4.9% during the period of 2023-2030 : Cognitive Market Research
- Molecular spectroscopy is a topic of quantum physics including the interaction of electromagnetic radiation with materials to produce an absorption pattern known as spectrum. This process includes the structural or compositional information. In this process, molecules undergo changes from one quantized energy state to another. It involves excitation of molecular movement or vibration as used with infrared (IR) spectroscopy, Additionally, it includes excitation of an electron in a higher π-orbital as used for ultraviolet/visible (UV/VIS) spectroscopy.
Summary:
• Molecular Spectroscopy Market is estimated to be valued at USD 2,780.7 million in 2022 and is expected to exhibit a CAGR of 4.9% during the forecast period 2023-30.
• The North America has the largest revenue share of the global molecular spectroscopy market.
• Pharmaceutical applications segment accounted for a major revenue share for the global molecular spectroscopy market.
• Nuclear magnetic resonance (NMR) spectroscopy accounted for the largest revenue share.
• Rising demand for molecular spectroscopy in digital field is expected to drive the market growth
"To know more The Molecular Spectroscopy Market statistics click here: https://www.cognitivemarketresearch.com/molecular-spectroscopy-market-report
Market Dynamics:
- Rising demand for molecular spectroscopy in digital field is expected to drive the market growth. In addition, Furthermore, increasing use of molecular spectroscopy devices in various sector such as pharmaceuticals, dairy, food and others provides opportunities to the market players. However, high cost linked with molecular spectroscopy system may hamper the growth of the global market.
Market Segmentation:
Type of Spectroscopy:
• NMR Spectroscopy
• Raman Spectroscopy
• UV-visible Spectroscopy
• Mass Spectroscopy
• Infra-red Spectroscopy
• Near Infrared Spectroscopy
• Other Types of Spectroscopy
Nuclear magnetic resonance (NMR) spectroscopy accounted for the largest revenue share. This is attributed to the advantages of NMR spectroscopy are that it requires less sample preparation.
Application:
• Pharmaceutical Applications
• Food and Beverage Testing
• Biotechnology and Biopharmaceutical Applications
• Environmental Testing, Academic Research
• Other Applications
Pharmaceutical applications segment accounted for a major revenue share This is attributed to increasing importance of molecular spectroscopy in various stages of drug development and rising R&D in pharmaceutical industries.
The Major Players in Molecular Spectroscopy Market are:
BRUKER, THERMO FISHER SCIENTIFIC, PERKINELMER, AGILENT TECHNOLOGIES, SHIMADZU, DANAHER, ABB, MERCK KGAA, JEOL, JASCO, FOSS…
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Regional Analysis:
- The North America has the largest revenue share of the global molecular spectroscopy market, due to increased usage of molecular spectroscopy in the pharmaceutical sector. In addition, rising funding for environmental testing, and growing concerns about food safety drives the demand for the global market in the country in the region. Furthermore, Asia-Pacific dominated the global market in terms of growth rate , due to rising focus on environmental protection.
News:
- JASCO Corporation launched fluorescence spectrophotometers.
In March 2021, JASCO Corporation launched a new range of fluorescence spectrophotometers (FP-8050 Series) that contains five instruments that cover the total range of applications for chemical, biological, environmental, and materials analyses.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Molecular Spectroscopy Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Molecular Spectroscopy Market Segmentation
1.5.1 Molecular Spectroscopy Market Regional Fragmentation
1.5.1 Molecular Spectroscopy Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Molecular Spectroscopy Market
Chapter 4 Global Molecular Spectroscopy Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Molecular Spectroscopy Market by Type of Spectroscopy Segmentation Analysis (2018-2030)
Chapter 9 Global Molecular Spectroscopy Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Molecular Spectroscopy Market Regional Analysis
Chapter 11 North America Molecular Spectroscopy Market Outlook (2018 - 2030)
Chapter 12 Europe Molecular Spectroscopy Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Molecular Spectroscopy Market Outlook (2018 - 2030)
Chapter 14 Latin America Molecular Spectroscopy Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Molecular Spectroscopy Market Outlook (2018 - 2030)
Chapter 16 Research Findings
• 16.1 Key Takeaways
• 16.2 Analyst Point of View
To know more Molecular Spectroscopy Market TOC click here: https://www.cognitivemarketresearch.com/molecular-spectroscopy-market-report#table_of_contents
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• Spectrometer Market - https://www.cognitivemarketresearch.com/spectrometer-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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