Global Molecular Spectroscopy Market - Industry Trends and Forecast to 2026

  • Pharmaceutical
  • Upcoming Report
  • Oct 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Molecular Spectroscopy Market By Technology (Nuclear Magnetic Resonance Spectroscopy, UV-Visible Spectroscopy, Infrared Spectroscopy, Near-Infrared Spectroscopy, Color Measurement Spectroscopy, Raman Spectroscopy, Other Technologies), Application (Pharmaceutical Applications, Food & Beverage Testing, Biotechnology & Biopharmaceutical Applications, Environmental Testing, Academic Research, Other Applications), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Molecular Spectroscopy Market

Global molecular spectroscopy market is registering a substantial CAGR of 7.04% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market can be attributed due to high growth in penetration of technology in the R&D field of various sectors and a surge in the demand for the hyper-sophisticated analytical instruments by various global research organizations is contributing to the market growth.

Market Definition: Global Molecular Spectroscopy Market

The spectroscopy is an advanced analytical technology that is widely applied in various industries such as healthcare and manufacturing. It measures and ascertains the mass, structure, and composition of substance so that accurate analysis can be drawn out. With the advancements in the technology and innovations in the healthcare sector, the molecular spectroscopy is the most driven segment. It is usually used for measuring spectrum response of molecules interacting with several frequencies and energies. The technological advancements have increased the efficiency and provided better image quality.

Market Drivers

  • The applications of molecular spectroscopy to environmental screening is driving the market growth
  • There is been a surge in the demand for molecular spectroscopy  in pharmaceutical and biotechnological companies which is boosting the market growth
  • Molecular spectroscopy has gone under various technological advancements and innovations which is fueling the market growth
  • There is a rising focus on ensuring the quality of food products which is fueling the market growth
  • The rise in the emphasis for the discovery of newer molecules by pharmaceuticals is driving the market growth

Market Restraints

  • The molecular spectroscopy systems are costly which restricts the market growth
  • The lack of technically skilled professionals is hampering the market growth

Segmentation: Global Molecular Spectroscopy Market

By Technology

  • Nuclear Magnetic Resonance Spectroscopy

    • Fourier-Transform NMR Spectroscopy
    • Continuous-Wave NMR Spectroscopy
    • Solid-State NMR Spectroscopy

  • UV-Visible Spectroscopy

    • Single-Beam UV-Visible Spectroscopy
    • Dual-Beam UV-Visible Spectroscopy
    • Array-Based UV-Visible Spectroscopy

  • Infrared Spectroscopy

    • Infrared Spectroscopy Market, By Spectrum

      • Mid-Wave Infrared Spectroscopy
      • Short-Wave Infrared Spectroscopy
      • Far-Wave Infrared Spectroscopy

    • Infrared Spectroscopy Market, By Type

      • Benchtop
      • Infrared Microscopy
      • Portable & Handheld
      • Hyphenated
      • Terahertz

  • Near-Infrared Spectroscopy

    • Scanning Near-Infrared Spectroscopy
    • Fourier-Transform Near-Infrared Spectroscopy
    • Filter Nir Spectroscopy/Acoustic-Optical Tunable Filter-Nir Spectroscopy

  • Color Measurement Spectroscopy
  • Raman Spectroscopy

    • Raman Spectroscopy Market, By Sampling Technique

      • Surface-Enhanced Raman Scattering
      • Tip-Enhanced Raman Scattering
      • Other Raman Spectroscopy Techniques

    • Raman Spectroscopy Market, By Type

      • Micro-Raman Spectroscopy
      • Probe-Based Raman Spectroscopy
      • FT-Raman Spectroscopy

  • Other Technologies

By Application

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

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East and Africa

    • South Africa
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In July 2019, Edinburgh Instruments had launched a new RM5 Raman Microscope which will be manufactured in Scotland. It is most suitable for analytical and researches as it offers an uncompromised spectral resolution, spatial resolution, and sensitivity. This launch will expand the product portfolio and customer base of the company.
  • In August 2017, PerkinElmer had launched NIR Spectrometer for quantitative, qualitative and adulterant screening applications. It will assist technical and non-technical lab professionals in analyzing samples for quality assurance and control so that they meet the industry norms. This launch had expanded the product portfolio of the company and will increase its market share.

Competitive Analysis:

Global Molecular spectroscopy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of molecular spectroscopy market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major market competitors currently working in the global molecular spectroscopy market are Thermo Fisher Scientific, ABB, PerkinElmer Inc., Keit Ltd, Ibsen Photonics A/S, Carl Zeiss AG, VIAVI Solutions Inc., Raptor Photonics, Magritek Ltd, Thorlabs, Inc., Avantes BV, Agilent Technologies, Inc., Kaiser Optical Systems, Inc., Merck KGaA, B&W Tek, StellarNet, Inc., Si-Ware Systems, Galaxy Scientific Inc., Block Engineering, LLC, Siemens, Danaher, Bruker and HORIBA, Ltd. among others.

Research Methodology: Global Molecular Spectroscopy Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Reasons to Purchase this Report

  • Current and future of global molecular spectroscopy market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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