Global Analytical Instrumentation Market Overview 2023-2028
Analytical instrumentation encompasses a range of devices, tools, and systems that are utilized for the purpose of measuring and analyzing the physical or chemical properties of substances or samples. These instruments are meticulously designed to deliver precise and accurate data, thereby enabling scientists, engineers, researchers, and analysts to gain valuable insights into the composition, structure, and characteristics of diverse materials. By utilizing analytical instrumentation, one can determine both the quantity and quality of specific components within a given sample. This includes tasks such as regulating the concentration of a particular chemical, identifying the presence of specific elements, or measuring physical properties like pressure, temperature, or flow rate.
The global analytical instrumentation market size reached US$ 46.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 69.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.89% during 2023-2028.
Global Analytical Instrumentation Market Trends and Drivers:
The increasing use of analytical instrumentation in drug development and quality control to analyze the chemical composition of pharmaceutical products and ensure their safety and efficacy represents one of the primary factors strengthening the market growth around the world. In addition, the rising adoption of analytical instrumentation for monitoring air, water, and soil quality to detect pollutants and ensure compliance with environmental regulations is favoring the growth of the market. Apart from this, the growing usage of analytical instrumentation in petrochemical and refining industries for process control and to examine the composition of crude oil, natural gas, and refined products is influencing the market positively.
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Global Analytical Instrumentation Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Agilent Technologies Inc., Bio-Rad Laboratories Inc., Bruker Corporation, Mettler Toledo, PerkinElmer Inc., Shimadzu Corporation, Spectris plc, Thermo Fisher Scientific Inc. and Waters Corporation.
The report segmented the market on the basis of region, product type and end user.
Breakup by Product Type:
- Chromatography
- Molecular Analysis Spectroscopy
- Elemental Analysis Spectroscopy
- Mass Spectroscopy
- Analytical Microscopes
- Others
Breakup by End User:
- Life Sciences
- Chemical and Petrochemical
- Material Sciences
- Food Testing
- Oil and Gas
- Water and Wastewater
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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