Global Atomic Spectroscopy Market, By Type (Instruments, Inductively Coupled Plasma (ICP) Spectrometer, Others), Technology (Atomic Absorption Spectroscopy (AAS), X-Ray Fluorescence (XRF), X-Ray Diffraction (XRD), Inductively Coupled Plasma-Optical Emission Spectroscopy (ICP-OES), Inductively Coupled Plasma–Mass Spectrometry (ICP-MS), Elemental Analyzers, Others), Application (Food and Beverage Testing, Pharmaceutical, Industrial, Environmental Testing, Geological Sciences, Petrochemical, Academics, Others), End Users (Laboratories, Universities, Manufacturing Facilities, Government Agencies), Distribution Channel (Direct Tenders, Retail), 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, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Atomic Spectroscopy Market
The atomic spectroscopy market is expected to witness market growth at a rate of 9.17% in the forecast period of 2021 to 2028. Data Bridge Market Research report on atomic spectroscopy market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the food safety concerns globally is escalating the growth of atomic spectroscopy market.
Atomic spectroscopy is referred to as the process in which light interact with gaseous atoms where conversation of gaseous atom takes place. Atomic emission, atomic absorption and atomic florescence are known to be the three major elements of atomic spectroscopy. These are considered most commonly sold and used analytical devices. They are also used in other applications such as drug discovery and development, metabolomics and diagnostics among others.
The increase in demand for the product to aid in the drug safety process and medical research, acts as one of the major factors driving the growth of atomic spectroscopy market. The implementation of stringent regulations associated with the drug safety process to push the demand for atomic absorption and the increase in the utilization of X-Ray fluorescence in medical research accelerates the atomic spectroscopy market growth. The emergence of international CGMP & CGDP certification for pharmaceutical excipients and rise in the government investments in atomic spectroscopy technologies further influences the atomic spectroscopy market. Additionally, growth in aging population, improving healthcare infrastructure, growing food safety concerns and surge in healthcare expenditure positively affect the atomic spectroscopy market. Furthermore, new product launches extend profitable opportunities to the atomic spectroscopy market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the maintenance and procurement is expected to obstruct the atomic spectroscopy market growth. Lack of skilled professionals to operate is projected to challenge the atomic spectroscopy market in the forecast period of 2021-2028.
This atomic spectroscopy 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 atomic spectroscopy market i contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Atomic Spectroscopy Market Scope and Market Size
The atomic spectroscopy market is segmented on the basis of type, technology, application, end users and distribution channel. 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 type, the atomic spectroscopy market is segmented into instruments, inductively coupled plasma (ICP) spectrometer and others.
- On the basis of technology, the atomic spectroscopy market is segmented into atomic absorption spectroscopy (AAS), X-ray fluorescence (XRF), x-ray diffraction (XRD), inductively coupled plasma-optical emission spectroscopy (ICP-OES), inductively coupled plasma–mass spectrometry (ICP-MS), elemental analyzers and others.
- On the basis of application, the atomic spectroscopy market is segmented into food and beverage testing, pharmaceutical, industrial, environmental testing, geological sciences, petrochemical, academics and others.
- On the basis of end users, the atomic spectroscopy market is segmented into laboratories, universities, manufacturing facilities and government agencies.
- On the basis of distribution channel, the atomic spectroscopy market is segmented into direct tenders and retail.
Global Atomic Spectroscopy Market Country Level Analysis
The atomic spectroscopy market is analyzed and market size insights and trends are provided by country, type, technology, application, end users and distribution channel as referenced above.
The countries covered in the global atomic spectroscopy market report are the 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 atomic spectroscopy market due to the well-developed infrastructure and technological achievements within the region. Asia-Pacific is expected to witness the fastest growth during the forecast period of 2021 because of the inclination of manufacturers towards investment in research and development activities in the region.
The country section of the 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
The atomic spectroscopy market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for atomic spectroscopy market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the atomic spectroscopy market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Atomic Spectroscopy Market Share Analysis
The atomic spectroscopy 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 atomic spectroscopy market.
The major players covered in the atomic spectroscopy market report are Merck KGaA, Avantor, Inc., SAFAS Corporation, GBC Scientific Equipment, Analytik Jena AG, Shimadzu Analytical (India) Pvt. Ltd, Buck Scientific Instrument Manufacturing Company, Aurora Biomed Inc., JEOL Ltd., Rigaku Corporation, Bruker, PerkinElmer Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.