The Molecular Spectroscopy Market is expected to be around US$ 10.70 Billion by 2028 at a CAGR of 6.7% in the given forecast period.

The extensive adoption of molecular spectroscopy across several industrial verticals, such as biotechnology, food and beverage (F&B) and particularly the healthcare sector, for introducing various efficient and precise hybrid imaging systems, such as computed tomography (CT) and positron emitted tomography (PET) devices, is majorly accelerating the market towards growth. Furthermore, rapid technological advancements in molecular spectroscopy and their increased adoption in the pharmaceutical industry to identify newer molecules are also fueling the market growth. When compared to analytical techniques, they provide easier sample preparation and improved outcomes from one single spectrum. In addition, the increasing environmental consciousness amongst consumers, coupled with various beneficial initiatives undertaken by the government of various countries to promote the deployment of molecular spectroscopy for environmental screening, treating wastewater and assess polycyclic aromatic hydrocarbons (PAH) levels to avoid the depletion of natural resources are acting as other growth-inducing factors.

The global Molecular Spectroscopy market is segregated on the basis of Technology as Nuclear Magnetic Resonance (NMR) Spectroscopy, UV-Visible Spectroscopy, Infrared (IR) Spectroscopy, Near-infrared Spectroscopy, Color Measurement Spectroscopy and Raman Spectroscopy. Based on Application the global Molecular Spectroscopy market is segmented in Pharmaceutical Applications, Biotechnology & Biopharmaceutical Applications, Food & Beverage Testing, Environment Testing, Academic Research and Other Applications.

The global Molecular Spectroscopy market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Molecular Spectroscopy market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Advantest Corporation, Bruker Corporation, Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Danaher Corporation, Shimadzu Corporation, Merck KAaG (Merck Group), Jeol Ltd., Jasco, Inc. (Jasco International Co. Ltd.), and others are among the major players in the global Molecular Spectroscopy market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Molecular Spectroscopy Market has been segmented as below:

Molecular Spectroscopy Market, By Technology

• Nuclear Magnetic Resonance (NMR) Spectroscopy
• UV-Visible Spectroscopy
• Infrared (IR) Spectroscopy
• Near-infrared Spectroscopy
• Color Measurement Spectroscopy
• Raman Spectroscopy

Molecular Spectroscopy Market, By Application

• Pharmaceutical Applications
• Biotechnology & Biopharmaceutical Applications
• Food & Beverage Testing
• Environment Testing
• Academic Research
• Other Applications

Molecular Spectroscopy Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Molecular Spectroscopy Market, By Company

• Advantest Corporation
• Bruker Corporation
• Thermo Fisher Scientific, Inc.
• PerkinElmer, Inc.
• Agilent Technologies, Inc.
• Danaher Corporation
• Shimadzu Corporation
• Merck KAaG (Merck Group)
• Jeol Ltd.
• Jasco, Inc. (Jasco International Co. Ltd.)
• Horiba Ltd.
• Analytik Jena AG (Endress+Hauser Group)
• Ocean Optics, Inc. (Halma PLC)
• B&W Tek Inc. (Metrohm AG)
• Hitachi Ltd.

The report covers:

• Global Molecular Spectroscopy market sizes from 2021 to 2028, along with CAGR for 2023-2028
• Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
• Global Molecular Spectroscopy market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Molecular Spectroscopy market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

Report Scope:

The global Molecular Spectroscopy market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Molecular Spectroscopy market share. Major industry players with significant revenue share include Advantest Corporation, Bruker Corporation, Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Danaher Corporation, Shimadzu Corporation, Merck KAaG (Merck Group), Jeol Ltd., Jasco, Inc. (Jasco International Co. Ltd.), and others.

Reasons to Buy this Report:

• Gain detailed insights on the Molecular Spectroscopy industry trends
• Find complete analysis on the market status
• Identify the Molecular Spectroscopy market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Customization

Customized report as per the requirement can be offered with appropriate recommendations

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