Report Highlights
The global spectroscopy technology market should grow from $13.2 billion in 2018 to $16.3 billion by 2023 at a compound annual growth rate (CAGR) of 4.4% for the period of 2018-2023.
Report Includes
- 56 data tables and 113 additional tables
- An overview of the spectroscopy in biosciences, their instruments and global markets
- Analyses of global market trends, with data from 2017 to 2018, and projections of CAGRs through 2023
- Detailed description of ultraviolet and visible absorption spectroscopy (UV-VIS), infrared absorption spectroscopy (IRS), raman spectroscopy, mass spectrometry (MS) and nuclear magnetic resonance spectroscopy (NMR)
- Discussion about background, key trends and market opportunity analysis
- Profiles of major companies of the industry, including Bruker Corp., Danaher Corp., Ionsense Inc., JEOL Ltd. and Zurich Instruments AG
Report Scope
The study covers atomic, mass and molecular spectroscopy. It also covers the research institution, pharmaceutical and biotechnology and other end-user market segments. The main geographical markets—North America, Europe, Asia and Rest of World (ROW)—are examined.
Technology status and market driving forces are discussed and analysed. Factors that influence each market are also highlighted, including the forces driving growth, industry alliances and acquisitions, applications in diagnostics and drug development and testing, food and beverage testing and other customer needs and competitive trends.
Key industry acquisitions and strategic alliances are given for the three-year period from 2015 through June 2018.
This report also examines the main patent trends within the industry and profiles 30 of the major companies in the spectroscopy market.
Analyst Credentials
Sathya Durga has more than seven years of domain experience. In addition to business research and consulting, she has conducted corporate briefings for top players in a wide range of market segments. She holds an MBA in the marketing and finance field from Chennai University and has worked with major market research firms.
Sathya Durga has authored several market research studies on subjects in the healthcare domain, including:
- Healthcare tracking technologies.
- Molecular diagnostics market.
- High-growth markets in healthcare and life sciences.
- Adoption rates and analysis of over-the-counter (OTC) diabetic medicines and supplements.
- Radio frequency identification (RFID), real-time locating systems (RTLS), Internet protocol (IP) surveillance and other emerging technologies in the healthcare domain.
Related Reports
Analytical Laboratory Instruments Manufacturing: Global Markets
The global market for analytical laboratory instruments is estimated to increase from $60.9 billion in 2023 to reach $82.5 billion by 2028, at a compound annual growth rate (CAGR) of 6.3% from 2023 through 2028.
Global 3D Medical and Surgical Imaging Platform Market
The global market for 3D medical and surgical imaging platforms should increase from $4.5 billion in 2018 to nearly $10.4 billion in 2023 at a compound annual growth rate (CAGR) of 18.1% for 2018-2023.
Medical Imaging Instrumentation: Global Markets and Technologies Through 2022
The global market for medical imaging instruments should grow from $32.6 billion in 2017 to $42.1 billion in 2022 at a compound annual growth rate (CAGR) of 5.3% from 2017 to 2022.
Global Markets for Spectroscopy Equipment
The global market for spectroscopy equipment should grow from $14.7 billion in 2018 to $17.0 billion by 2023 at a compound annual growth rate (CAGR) of 3.0% during the forecast period of 2018-2023.
Recent Reports
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Clinical Trial Infrastructure Regional Analysis Market: Middle East and North Africa
This report provides an overview of the clinical trial infrastructure markets in the Middle East and North Africa (MENA) region. It includes a detailed examination of the market dynamics and an understanding of the MENA clinical trial landscape by study status, phase, type, results and sponsor type.
Intravenous (IV) Therapy and Vein Access: Global Markets
The global market for IV therapy and venous access devices is expected to grow from $57.0 billion in 2024 and is projected to reach $74.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.5% during the forecast period of 2024 to 2029.
Global Colorectal Cancer Screening and Diagnostics Market
The global market for colorectal cancer screening and diagnostic testing services is estimated to increase from $40.0 billion in 2024 to reach $46.1 billion by 2029, at a compound annual growth rate (CAGR) of 2.9% from 2024 through 2029.
Medical Imaging: A BCC Research Outlook
The global market for medical imaging is expected to grow from $63.4 billion in 2024 and is projected to reach $82.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 5.5% during the forecast period of 2024 to 2029.
Top Trending Reports
Carbon Capture, Utilization & Storage Technologies
The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.
2024 Semiconductor Manufacturing Research Review
This 2024 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Generative AI: Global Markets
The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.
2024 Medical Devices Research Review
The medical device industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years These devices treat and diagnose a multitude of patient conditions and work much better than drugs.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More