Molecular Spectroscopy Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Molecular Spectroscopy Market by Type (Infrared (IR) Spectroscopy, Visible/Ultraviolet (UV) Spectroscopy, Flame Spectroscopy, Near-infrared Spectroscopy, X-Ray Spectroscopy, Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy), Others), by Application (Pharmaceutical Applications, Biotechnology & Biopharmaceutical Applications, Food & Beverage Testing, Environmental Testing, Academic Research, Other Applications) and Geography

 

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Report

Description

The global molecular spectroscopy market size valued USD 5.6 billion in 2021 and expected to reach USD 10.4 billion by 2028, at a CAGR of 7.23% during forecast period 2022 to 2028. Spectroscopy is the study of quantitative and qualitative characteristics of molecules or atoms by the use of absorption, emission or scattering of electromagnetic radiation. Interaction of electromagnetic radiation with the matter can cause redirection and or transition of energy levels between the energy levels of molecules or atoms. These properties vary from molecule to molecule and helps in identification of different molecules. Global molecular spectroscopy market is characterized by presence of many market players and highly fragmented. Market players are adopting innovation of new products and geographically expanding their market to get competitive advantage. For instance, In August 2017, PerkinElmer, Inc., launched Spectrum Two N FT-NIR system designed for use in spectroscopy analysis on a wide range of food, industrial and pharmaceutical samples. Furthermore, to increase their R&D and product portfolio companies adopting strategies such as acquisition and mergers. For instance, in July 2017, Agilent Technologies Inc. acquired Cobalt Light Systems, provider of raman spectroscopic instruments for pharmaceutical industry, applied markets and public safety to expand the market share.

Molecular Spectroscopy Market

MARKET SUMMARY
-
7.23% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.23%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Molecular Spectroscopy Market

  • The report on global molecular spectroscopy market gives historical, current and future market sizes (US$ Bn) based on by type,  by application and region.
  • molecular spectroscopy market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Avantes
  • Agilent Technologies
  • Bruker Corporation
  • Carl Zeiss AG
  • Magritek
  • PerkinElmer Inc.
  • Merck Millipore
Molecular Spectroscopy Market

Drivers And Restraints

Global market is driven by the rapid spread of molecular spectroscopy into various application areas, and growth in pharmaceutical and biotechnological industries worldwide. In addition, technological advances in spectroscopy that helps in analysis of nucleic acids, proteins and increase in R&D activities that uses molecular analysis are expected to boost the global market over the forecast period. However, high cost of devices and lack of skilled professionals to use the molecular spectroscopy are expected to hamper the growth of the market during the forecast period.


North-America got significant share

Molecular Spectroscopy Market

Geographically, global market is segmented into following regions, viz. North America, Asia-Pacific, Latin America, Middle East & Africa, and Europe. North America and Europe are expected to be major market for global molecular spectroscopy owing to factors such as an increase in R&D in pharma and biopharmaceutical fields, rise in food safety concerns. Asia Pacific expected to be fastest growing market for molecular spectroscopy owing to increase in R&D activities and many of the pharma and biopharma companies are outsourcing the manufacturing to the emerging markets such as China and India.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Market Developments

  • In May 2012, Thermo Fisher scientific Inc. launched Nicolet iS50 FT-IR spectrometer to help laboratories to solve analytical challenges with unprecedented ease

Key

Key Features of the Report

Molecular Spectroscopy Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive Summary
  2. Global Molecular Spectroscopy Market Introduction
    • Global Molecular Spectroscopy Market – Taxonomy
    • Global Molecular Spectroscopy Market –Definitions
      • Type
      • Application
  1. Global Molecular Spectroscopy Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Molecular Spectroscopy Market Dynamic Factors – Impact Analysis
    • Global Molecular Spectroscopy Market – Competition Landscape
    • Epidemiology
  2. Global Molecular Spectroscopy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market OpportunityAnalysis
  3. Global Molecular Spectroscopy Market, By Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Infrared (IR) Spectroscopy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Visible/Ultraviolet (UV) Spectroscopy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Flame Spectroscopy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Near-infrared Spectroscopy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • X-Ray Spectroscopy
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 20264 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 20264 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Molecular Spectroscopy Market Forecast, By Application,2015 – 2019 and Forecast, 2020 – 2026
    • Pharmaceutical Applications
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Biotechnology & Biopharmaceutical Applications
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Food & Beverage Testing
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Environmental Testing
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Academic Research
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other Applications
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Molecular Spectroscopy Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Molecular Spectroscopy Market – Opportunity Analysis Index, By Type, By Application and Region, 2020 – 2026
  2. North America Molecular Spectroscopy MarketAnalysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Molecular Spectroscopy Market – Opportunity Analysis Index, By Type, By Application and Country, 2020 – 2026
    • North America Molecular Spectroscopy Market Dynamics – Trends
  3. Europe Molecular Spectroscopy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Molecular Spectroscopy Market – Opportunity Analysis Index, By Type, By Application and Country, 2020 – 2026
    • Europe Molecular Spectroscopy Market Dynamics – Trends
  4. Asia-Pacific Molecular Spectroscopy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Molecular Spectroscopy Market – Opportunity Analysis Index, By Type, By Application and Country, 2020 – 2026
    • Asia-Pacific Molecular Spectroscopy Market Dynamics – Trends
  5. Latin America Molecular Spectroscopy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Molecular Spectroscopy Market – Opportunity Analysis Index, By Type, By Application and Country, 2020 – 2026
    • Latin America Molecular Spectroscopy Market Dynamics – Trends
  6. Middle East and Africa Molecular Spectroscopy Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2015 – 2019 and Forecast, 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Molecular Spectroscopy Market – Opportunity Analysis Index, By Type, By Application and Country, 2020 – 2026
    • MEA Molecular Spectroscopy Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Avantes (Netherlands)
      • Agilent Technologies (U.S.)
      • Buker Corporation (U.S.)
      • Ibsen Photonics A/S (Denmark)
      • Carl Zeiss AG (Germany)
      • Magritek (New Zealand)
      • PerkinElmer Inc. (U.S.)
      • Merck Millipore (U.S.)
      • Shimadzu Corporation (Japan)
      • Viavi Solutions (U.S.)
      • Thermo Fisher Scientific (U.S.)
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Avantes (Netherlands)
  • Agilent Technologies (U.S.)
  • Bruker Corporation (U.S.)
  • Ibsen Photonics A/S (Denmark)
  • Carl Zeiss AG (Germany)
  • Magritek (New Zealand)
  • PerkinElmer Inc. (U.S.)
  • Merck Millipore (U.S.)
  • Shimadzu Corporation (Japan)
  • Viavi Solutions (U.S.)
  • Thermo Fisher Scientific (U.S.)

Description

The global molecular spectroscopy market size valued USD 5.6 billion in 2021 and expected to reach USD 10.4 billion by 2028, at a CAGR of 7.23% during forecast period 2022 to 2028. Spectroscopy is the study of quantitative and qualitative characteristics of molecules or atoms by the use of absorption, emission or scattering of electromagnetic radiation. Interaction of electromagnetic radiation with the matter can cause redirection and or transition of energy levels between the energy levels of molecules or atoms. These properties vary from molecule to molecule and helps in identification of different molecules. Global molecular spectroscopy market is characterized by presence of many market players and highly fragmented. Market players are adopting innovation of new products and geographically expanding their market to get competitive advantage. For instance, In August 2017, PerkinElmer, Inc., launched Spectrum Two N FT-NIR system designed for use in spectroscopy analysis on a wide range of food, industrial and pharmaceutical samples. Furthermore, to increase their R&D and product portfolio companies adopting strategies such as acquisition and mergers. For instance, in July 2017, Agilent Technologies Inc. acquired Cobalt Light Systems, provider of raman spectroscopic instruments for pharmaceutical industry, applied markets and public safety to expand the market share.

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