Press release
Global Ultraviolet-Visible Spectroscopy Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Ultraviolet-Visible Spectroscopy
What Is the Current Ultraviolet-Visible Spectroscopy Market Size and Its Estimated Growth Rate?
In the past few years, the market size of ultraviolet-visible spectroscopy has shown robust growth. There is a predicted increase from $1.57 billion in 2024 to $1.66 billion in 2025, representing a compound annual growth rate (CAGR) of 5.4%. This growth during the historic period is linked to a variety of factors such as research in pharmaceutical and biotechnology, environmental monitoring, maintaining the quality control of food and beverages, materials analysis, and the chemical and petrochemical sector.
The market size for ultraviolet-visible spectroscopy is anticipated to witness robust growth in the coming years, expecting to reach a value of $2.19 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.2%. Factors contributing to the growth during the forecast period include research in biomedical and life sciences, advancements in drug development, increased environmental analysis, quality assurance exercises in the food and beverage sector, and materials characterization in manufacturing. Trending areas throughout the forecast period include development of pharmaceutical drugs, the integration of data analytics, applications in remote sensing and field work, the demand for small, portable devices, and collaboration in method development.
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How Are Emerging Segments Shaping the Ultraviolet-Visible Spectroscopy Market Landscape?
The ultraviolet-visible spectroscopy market covered in this report is segmented -
1) By Instrument Type: Single-Beam System, Double-Beam System, Array Based System, Handheld System
2) By Application: Industrial Applications, Physical Chemistry Studies, Life Science Studies, Environmental Studies, Academic Applications, Life Science Research And Development, Quality Assurance And Quality Control
3) By End User: Pharmaceutical And Biotechnology Companies, Academic And Research Institutes, Agriculture And Food Industries, Environmental Testing Labs
Subsegments:
1) By Single-Beam System: Basic Single-Beam Spectrophotometers, Advanced Single-Beam Systems
2) By Double-Beam System: Continuous Double-Beam Systems, Pulsed Double-Beam Systems
3) By Array Based System: CCD Array Spectrometers, CMOS Array Spectrometers
4) By Handheld System: Portable UV-Vis Spectrophotometers, Miniature Handheld Systems
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Which Growth Factors Are Influencing Ultraviolet-Visible Spectroscopy Market Expansion?
The COVID-19 pandemic resulted in a surge in the production of pharmaceutical drugs and vaccine demand, accelerating the advancement of the ultraviolet-visible spectroscopy market. As the request for certain medications escalated during the health crisis, so did the need for ultraviolet-visible spectroscopy instruments, essentially for the research and production of new drugs and vaccines. UV Vis spectrophotometry offers swift, straightforward, and accurate analysis of components like nucleic acids, proteins, and additives/preservatives. This potentially influences the duration for obtaining results from both downstream and upstream processes, encompassing quality control. A research by Mettler Toledo indicated that these instruments played a vital role in COVID-19 vaccine development, thereby contributing to the market expansion.
Who Are the Dominant Players Across Different Ultraviolet-Visible Spectroscopy Market Segments?
Major companies operating in the ultraviolet-visible spectroscopy market include PG Instruments Ltd., Thermo Fisher Scientific Inc., GE Healthcare Company, Agilent Technologies Inc., Ametek Inc., Hitachi High-Technologies Corporation, PerkinElmer Inc., Mettler-Toledo International Inc., Shimadzu Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, HORIBA Ltd., Hamamatsu Hotonikusu Kabushiki-Kaisha, Hach Company, X-Rite Inc., Buck Scientific Inc., PERSEE PG Scientific Inc., Cole-Parmer Instrument Company, JASCO Inc., Biochrom Ltd., Cecil Instrument Ltd., Hunter Associates Laboratory Inc., GBC Scientific Equipment Pty Ltd., Kemtrak AB, Analytik Jena Shanghai Instruments Ltd., ColVisTec AG Inc., Applied Analytics Inc., Guided Wave Inc., ES Industry Pvt Ltd.
What Are the Latest Developing Trends in the Ultraviolet-Visible Spectroscopy Market?
Leading corporations in the ultraviolet-visible spectroscopy market are innovating new products like high-speed detection spectrometers to expand their customer base, boost sales and raise their revenue. High-speed detection involves a spectrometer equipped with a system that can quickly record and process data. For example, in April 2023, Shimadzu Corporation, a prominent Japanese manufacturer of precision tools, measurement instruments, and medical devices, unveiled the Tm Analysis System. This advanced apparatus is designed to improve the analysis of melting temperatures (Tm) of biomolecules, especially nucleic acids. It is a combination of a UV-Vis spectrometer, the TMSPC-8i temperature-controlled cell holder, and LabSolutions UV-Vis Tm Analysis software. The system is specifically designed to gauge the thermal stability of nucleic acids by keeping track of absorbance alteration with increasing temperature. This enables the calculation of the Tm value, denoting the temperature at which equal fractions of DNA strands are in their double-stranded and single-stranded states.
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Which Geographic Regions Are Expected to Dominate the Ultraviolet-Visible Spectroscopy Market in the Coming Years?
North America was the largest region in the ultraviolet-visible spectroscopy market share in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the ultraviolet-visible spectroscopy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Ultraviolet-Visible Spectroscopy Market?
2. What is the CAGR expected in the Ultraviolet-Visible Spectroscopy Market?
3. What Are the Key Innovations Transforming the Ultraviolet-Visible Spectroscopy Industry?
4. Which Region Is Leading the Ultraviolet-Visible Spectroscopy Market?
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