Global Analytical Standards Market, By Category (Organic Standard, Inorganic Standard), Technique (Chromatography Standards, Spectroscopy Standards, Titrimetry Standards, Physical Properties Testing Standards), Application (Bioanalytical Testing, Stability Testing, Raw Material Testing, Microbial Testing, Other Applications), End Users (Food and Beverages, Forensics, Veterinary, Petrochemistry, Environmental, Pharmaceutical and Life Sciences Standards), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Analytical Standards Market
Analytical standards market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.3% in the above-mentioned forecast period.
Analytical standards are basically the special rules that aid in achieving the targets set by the manufacturers. They are used to achieve that optimal growth to check the product quality, efficiency and purity of the drug being produced by several pharma companies. These analytical standards are widely used across the various end use industries including food and beverages, forensics, veterinary, petrochemistry, environmental and pharmaceutical and life sciences standards.
The increasing application of the analytical standards in proteomics and metabolomics coupled with the pollution control monitoring has been rising globally are the significant factors responsible for driving the growth of the analytical standards market in the above-mentioned forecast period. Additionally, the favorable government initiatives, rising public concerns related to optimal food safety and quality and increasing focus on quality of healthcare, the growing need to check the expiry of the patented product also heighten the overall growth of the market. The greater regulatory emphasis on effective pollution monitoring and control is also projected to boost the overall growth of the market. However, the factors such as the limited public awareness related to effective pollution monitoring strategies obstruct the market’s growth.
The innovation of new and advanced clinical method along with the improving healthcare infrastructure across emerging countries are expected to generate profitable opportunities for the market. On the other hand, the patent expiry of major drugs and biomolecules have the potential to challenge for the market’s growth.
This analytical standards market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research analytical standards market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Analytical Standards Market Scope and Market Size
Analytical standards market is segmented on the basis of category, technique, application and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of category, the analytical standards market is segmented into organic standard and inorganic standard.
- On the basis of technique, the analytical standards market is segmented into chromatography standards, spectroscopy standards, titrimetry standards and physical properties testing standards.
- On the basis of application, the analytical standards market is segmented into bioanalytical testing, stability testing, raw material testing, microbial testing and other applications.
- On the basis of the end users, the analytical standards market is segmented into food and beverages, forensics, veterinary, petrochemistry, environmental and pharmaceutical and life sciences standards. Food and Beverages is further segmented into flavours and fragrances standards, carbohydrate standards, peptide/amino acid standards, food additive standards, fatty acid/lipid/fame standards, GMO (genetically modified organisms) standards and mycotoxin standards. Forensics is further divided into drugs-of-abuse standards and doping standards. Veterinary is further segmented into antibiotic standards and hormone standards. Petrochemistry is further segmented into gasoline, diesel, and petroleum standards and biofuel standards. Environmental is further segmented into pesticide standards, volatiles/semi-volatiles standards, flame-retardant standards, aroclor/PCB, and dioxin standards, alkyl phenol standards and solid waste standards. Pharmaceutical and Life Sciences Standards is further segmented into cosmetic standards, herbal drug/phytopharmaceutical standards, pharmaceutical secondary standards, pharmaceutical impurity reference standards, pharmacopoeia standards and fluorescent microparticle standards.
Analytical Standards Market Country Level Analysis
Analytical standards market is analyzed and market size insights and trends are provided by category, technique, application and end users as referenced above.
The countries covered in the analytical standards market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the availability of funds by the government within the region. Asia-Pacific, on the other hand, is expected to show a rapid and lucrative growth rate in the forecast period owing to the rise in chromatography research and rising outsourcing of clinical trials.
The country section of the analytical standards market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Analytical standards market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for analytical standards market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the analytical standards market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Analytical Standards Market Share Analysis
Analytical standards market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to analytical standards market.
Some of the major players operating in the analytical standards market report are Merck KGaA, LGC Limited, SPEX CertiPrep, Restek Corporation, Agilent Technologies, Inc, AccuStandard, PerkinElmer Inc, Thermo Fisher Scientific, GENERAL ELECTRIC, Mallinckrodt, Cayman Chemical, GFS Chemicals, Inc., Campro Scientific GmbH, Waters Corporation, CPI International, Crescent., Inorganic Ventures, Inc., and John Barron_Reagecon among others.