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Atomic Spectroscopy Market to Represent a Value of $8.09 billion with CAGR Of 7.2% by 2024 | Worldwide Industry Insights Report

Press release from: Data Bridge Market Research
Global Atomic Spectroscopy Market is expected to reach USD 8.09 billion by 2024
Global Atomic Spectroscopy Market is expected to reach USD 8.09 billion by 2024


Data Bridge Market Research added new title “Global Atomic Spectroscopy Market is expected to reach USD 8.09 billion by 2024 from USD 4.66 billion in 2016, at a CAGR of 7.2% in the forecast period 2017 to 2024“. Market segmented By Type (Instruments (Atomic Absorption Spectrometer, X-Ray Fluorescence Spectrometer, X-Ray Diffraction Spectrometer, Inductively Coupled Plasma Mass Spectrometer (ICP-MS), Inductively Coupled Plasma (ICP) Spectrometer, Others (LIBS, MIP-OES)), Reagents), By Application (Food and Beverage Testing, Pharmaceutical, Industrial, Environmental Testing, Geological Sciences, Petrochemical, Academics, Others), By End Users (Laboratories, Universities, Manufacturing Facilities, Government Agencies), By Distribution Channel (Direct Tenders, Retail), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)” – Industry Trends and Forecast to 2024

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Years considered for this report:
• Historical Years: 2014-2015
• Base Year: 2016
• Estimated Year: 2017
• Forecast Period: 2017–2024

Top Competitors:

• Thermo Fisher Scientific Inc.,
• Agilent Technologies,
• PerkinElmer, Inc.,
• Bruker Corporation,
• Aurora Biomed,
• Buck Scientific,
• Shimadzu Corporation,
• Analytik Jena AG,
• GBC Scientific Equipment,
• Labnics Equipment,
• Among others

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Atomic Spectroscopy involves the process of interaction of light with gaseous atoms. This is a device that helps in converting sample gaseous atoms in an atom cell which can be flamed. Atomic Spectroscopy is applied to determine elemental composition. Atomic absorption spectrometers are one of the most commonly sold and used analytical devices. Drug discovery and development, metabolomics, and diagnostics are some of the applications using atomic spectroscopy.

Global Atomic Spectroscopy Market On the Basis of Type:

The instruments market sub-segment is further segmented into atomic absorption spectrometers, X-ray fluorescence spectrometers, X-ray diffraction spectrometers, inductively coupled plasma mass spectrometers (ICP-MS), inductively coupled plasma (ICP) spectrometers, and others. Among all technology X-ray florescence spectroscopes is traditionally most used in atomic spectroscopy market. X-ray florescence is user friendly and cost efficient in nature. Atomic absorption spectrometers are one of the most commonly sold and used analytical devices. Inductively coupled plasma mass spectroscopy (ICP-MS) is expected to grow at the highest CAGR in the forecast period 2017 to 2014. The ICP – MS high growth rate is owing to its high sensitivity among atomic spectroscopy technologies, flexibility of use is increasing number of applications among others.

Global Atomic Spectroscopy Market Based on Application:

Market is segmented into food and beverage testing, pharmaceutical, industrial, environmental testing, geological sciences, petrochemical, academics and, others. Among all application pharmaceutical market share is highest in atomic spectroscopy market. Due to increased utilization of atomic spectroscopy in the various pharmaceutical activities such as drugs manufacturing and trace metal analysis the market size is growing. Their efficiency helps develop and manufacture drugs precisely, that increases the usage of atomic spectroscopy while manufacturing drugs by pharmaceutical companies.

Global Atomic Spectroscopy Market Segmented Based on Geography:

Market is segmented into 7 geographical regions, North America, Latin America, Europe, Asia-Pacific, Japan and Middle East and Africa. The geographical regions are further segmented into major countries such as U.S. Canada, Brazil, Argentina, Nordics, Benelux, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Australia and New Zealand, Brazil, India, Russia, South Africa and many others. North America is expected to dominate the market for atomic spectroscopy owing to technological developments and high expenditure in research and development.

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Related Report

Global Mass Spectrometry Market – Industry Trends and Forecast to 2024

Global Mass Spectrometry Market, By Technology (Single Mass Spectrometry (Ion trap, Matrix Assisted Laser Desorption/ Ionization -Time of Flight, Quadrupole), Hybrid Mass Spectrometry (Gas Chromatography – Mass Spectrometry, Liquid Chromatography – Mass Spectrometry, Triple quadrupole liquid chromatography – Mass Spectrometry, Quadrupole Time of Flight Liquid Chromatography – Mass Spectromrtry, Ion Mobility Mass Spectrometry, Fourier Transform Ion Cyclotron Resonance Mass Spectrometry)), By Product Type (Equipment, Reagents and consumables, Services), By Application (Pharmaceuticals, Biotechnology, Industrial Chemistry, Environmental Testing, Food & Beverage Testing, Others), By End User (Pharma/biopharmaceuticals, Industrial sectors, Academia and Government and Applied markets), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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