The Worldwide Molecular Spectroscopy Industry is Expected to Reach $10 Billion by 2027


Dublin, Jan. 07, 2022 (GLOBE NEWSWIRE) -- The "Global Molecular Spectroscopy Market is segmented further based on Technology, Applications, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Molecular Spectroscopy Market is estimated to be USD 6.73 Bn in 2021 and is expected to reach USD 10.04 Bn by 2027, growing at a CAGR of 6.9%.

Market Dynamics

Major factors that drive the market growth are rapid technological advancements and innovations in molecular spectroscopy systems in the pharmaceutical industry, increasing penetration of MS technology in various verticals, and rising emphasis on the discovery of newer molecules by pharmaceutical companies.

Also growing demand for an efficient and accurate imaging system, increasing adoption of hybrid imaging technologies such as PET/CT, and growing population are also the prime factors that drivers the growth of the molecular Spectroscopy market. Furthermore, the rising adoption of Molecular Spectroscopy in emerging economies such as China, India, and others, also creates new opportunities for the molecular spectroscopy market in the coming years.

However, the involvement of higher costs in the research and development and lack of skilled professionals are the key restraints factors that may create hindrances in the growth of the market.

Company Profiles

Some of the companies covered in this report are Advantest Corporation, Bruker Corporation (US), Thermo Fisher Scientific, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Danaher Corporation, Shimadzu Corporation, Merck KAaG (Merck Group), (Jasco International Co. Ltd.), Horiba Ltd., Analytik Jena AG (Endress+Hauser Group), Ocean Optics, Inc. (Halma plc), B&W Tek Inc. (Metrohm AG), Hitachi Ltd., Oxford Instruments PLC,.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Molecular Spectroscopy Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also contains the competitive analysis using the Positioning Quadrants, the publisher's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Increasing Demand of Molecular Spectroscopy in Pharmaceutical & Biotechnology Industries
4.2.1.2 Rising Emphasis for the Discovery of Newer Molecules by Pharmaceuticals.
4.2.1.3 Growing Focus on Ensuring the Quality of Food Products
4.2.1.4 Rapid Technological Advancements and Innovations in Molecular Spectroscopy Systems
4.2.2 Restraints
4.2.2.1 Involvement of High Cost on Molecular Spectroscopy Systems
4.2.2.2 Lack of Technically Skilled Professionals
4.2.3 Opportunities
4.2.3.1 Potential Applications of Terahertz Spectroscopy in Healthcare
4.2.3.2 Growing Opportunities in Developing Economies
4.2.4 Challenges
4.2.4.1 Death of Skilled Professionals
4.3 Trends

5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Molecular Spectroscopy Market, By Technology
6.1 Introduction
6.2 Nuclear Magnetic Resonance Spectroscopy
6.2.1 Fourier-Transform NMR Spectroscopy
6.2.2 Continuous-Wave NMR Spectroscopy
6.2.3 Solid-State NMR Spectroscopy
6.3 UV-Visible Spectroscopy
6.3.1 Single-Beam UV-Visible Spectroscopy
6.3.2 Dual-Beam UV-Visible Spectroscopy
6.3.3 Array-Based UV-Visible Spectroscopy
6.4 Infrared Spectroscopy
6.4.1 Infrared Spectroscopy Market, By Spectrum
6.4.1.1 Mid-Wave Infrared Spectroscopy
6.4.1.2 Short-Wave Infrared Spectroscopy
6.4.1.3 Far-Wave Infrared Spectroscopy
6.4.2 Infrared Spectroscopy Market, By Type
6.4.2.1 Benchtop
6.4.2.2 Infrared Microscopy
6.4.2.3 Portable & Handheld
6.4.2.4 Hyphenated
6.4.2.5 Terahertz
6.5 Near-Infrared Spectroscopy
6.5.1 Scanning Near-Infrared Spectroscopy
6.5.2 Filter Nir Spectroscopy/Acoustic-Optical Tunable Filter-Nir Spectroscopy
6.5.3 Fourier-Transform Near-Infrared Spectroscopy
6.6 Color Measurement Spectroscopy
6.7 Raman Spectroscopy
6.7.1 Raman Spectroscopy Market, By Sampling Technique
6.7.1.1 Surface-Enhanced Raman Scattering
6.7.1.2 Tip-Enhanced Raman Scattering
6.7.1.3 Other Raman Spectroscopy Techniques
6.7.2 Raman Spectroscopy Market, By Type
6.7.2.1 Micro-Raman Spectroscopy
6.7.2.2 Ft-Raman Spectroscopy
6.7.2.3 Probe-Based Raman Spectroscopy
6.8 Other Technologies (fluorescence spectroscopy and hybrid spectroscopy)

7 Global Molecular Spectroscopy Market, By Application
7.1 Introduction
7.2 Pharmaceutical Applications
7.3 Food & Beverage Testing
7.4 Environmental Testing
7.5 Academic Research
7.6 Biotechnology & Biopharmaceutical Applications
7.7 Other Applications

8 Global Molecular Spectroscopy Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 South America
8.3.1 Brazil
8.3.2 Argentina
8.4 Europe
8.4.1 UK
8.4.2 France
8.4.3 Germany
8.4.4 Italy
8.4.5 Spain
8.4.6 Rest of Europe
8.5 Asia-Pacific
8.5.1 China
8.5.2 Japan
8.5.3 India
8.5.4 Indonesia
8.5.5 Malaysia
8.5.6 South Korea
8.5.7 Australia
8.5.8 Russia
8.5.9 Rest of APAC
8.6 Rest of the World
8.6.1 Qatar
8.6.2 Saudi Arabia
8.6.3 South Africa
8.6.4 United Arab Emirates
8.6.5 Latin America

9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Mergers & Acquisitions
9.3.2 Agreement, Collaborations, & Partnerships
9.3.3 New Product Launches & Enhancements
9.3.4 Investments & Funding

10 Company Profiles
10.1 Advantest Corporation
10.2 Bruker Corporation (US)
10.3 Thermo Fisher Scientific, Inc.
10.4 PerkinElmer, Inc.
10.5 Agilent Technologies, Inc.
10.6 Danaher Corporation
10.7 Shimadzu Corporation
10.8 Merck KAaG (Merck Group)
10.9 Jeol Ltd.
10.10 Jasco, Inc. (Jasco International Co. Ltd.)
10.11 Horiba Ltd.
10.12 Analytik Jena AG (Endress+Hauser Group)
10.13 Ocean Optics, Inc. (Halma PLC)
10.14 B&W Tek Inc. (Metrohm AG)
10.15 Hitachi Ltd.
10.16 Oxford Instruments PLC
10.17 Specac Ltd.
10.18 Buchi Corporation
10.19 Bay Spec, Inc.
10.20 Gasmet Technologies Oy (Nederman Group)
10.21 ABB Bomem, Inc.

11 Appendix

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