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Molecular Spectroscopy Market by Technology | NMR spectroscopy segment accounted for the largest share
by dheerajshaha67 · January 24, 2019
According to a new market research report聽“Molecular Spectroscopy Market by Technology (NMR (FT Wholesale Austin Corbett Jersey , Continuous Wave), UV-Visible (Array-based, Dual-beam), IR (Terahertz, Benchtop) Wholesale Zane Gonzalez Jersey , NIR (FT-NIR), Raman (SERS, TERS, FT Raman)), Application (Pharmaceutical Wholesale Howard Wilson Jersey , Food, Biotechnology) – Global Forecast to 2022″,聽published by MarketsandMarkets™, the market is expected to reach聽USD 6.85 Billion聽by 2022 from an estimated聽USD 4.98 Billion聽in 2017, at a CAGR of 6.6%.
The growth of this market is majorly driven by food safety concerns Wholesale Emmanuel Ogbah Jersey , the growth of the pharmaceutical and biotechnology industry, technological advancements in molecular spectroscopy and application of molecular spectroscopy in environmental screening.
By technology, the NMR spectroscopy segment accounted for the largest share of the market in 2017
On the basis of technology, the molecular spectroscopy market is broadly segmented into nuclear magnetic resonance (NMR) spectroscopy, UV-Visible spectroscopy Wholesale Larry Ogunjobi Jersey , infrared (IR) spectroscopy, near-infrared spectroscopy, color measurement spectroscopy, raman spectroscopy, and other technologies (fluorescence spectroscopy and hybrid spectroscopy). In 2017 Wholesale David Njoku Jersey , the NMR spectroscopy segment is expected to account for the largest share of this market. The extensive applications of NMR spectroscopy coupled with the technological advancements in molecular spectroscopy are driving the growth of this segment.
Browse聽and in-depth TOC on ” Molecular Spectroscopy Market ”
34 – Figures
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North America dominated the market in 2017
North America accounted for the largest share of the molecular spectroscopy market in 2016, followed by Europe. High usage of molecular spectroscopy in the pharmaceutical sector, growing funding for environmental testing in the US, growing food safety concerns in the US, and government initiatives to improve lab infrastructure and propel fundamental scientific research in Canada will drive market growth during the forecast period.
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