Spectroscopy is one of the most advanced and famous analytical technologies used extensively in large number of fields, from healthcare to manufacturing. Spectroscopy is the measurement of interaction between radiated energies emitted by certain matter. The spectroscopy is considered as a function of wavelength. In spectroscopic studies, electromagnetic radiations are allowed to pass through the sample to be analyzed; the sample molecules absorb only those wavelengths which can convert their energy level, from ground state to excited state. The detector installed on other side of device, records and analyzes the wavelengths which were absorbed and their respective proportion.
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Molecular spectroscopy market global industry analysis, size, share, growth, trends and forecast, 2013 - 2019
1. Molecular Spectroscopy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Spectroscopy is one of the most advanced and famous analytical technologies used extensively in large number of fields, from healthcare to manufacturing.
Spectroscopy is the measurement of interaction between radiated energies emitted by certain matter. The spectroscopy is considered as a function of wavelength.
In spectroscopic studies, electromagnetic radiations are allowed to pass through the sample to be analyzed; the sample molecules absorb only those wavelengths
which can convert their energy level, from ground state to excited state. The detector installed on other side of device, records and analyzes the wavelengths
which were absorbed and their respective proportion.
In case of molecular spectroscopy, the given sample molecule absorbs only those wavelengths which have energies that correspond to energy difference of
occurring transition. Hence, if the transition needs energy difference of delta E, the sample molecule will absorb only radiation that corresponds to delta E.
Further, the nature and proposition of wavelength absorption gives the idea about the transition energies, which is correlated and the structure of molecule is
estimated.
The market of molecular spectroscopy is segmented on the basis of types of spectroscopy, such as, NMR spectroscopy (Fourier Transform NMR, continuous
wave NMR, solid-state NMR), Raman Spectroscopy (FT-Raman, surface-enhancing Raman, micro-Raman, and others), UV-Visible spectroscopy (single-beam
UV, array-based UV, double-beam UV), mass spectroscopy, Infrared spectroscopy (Near IR, Mid-IR, Far-IR), and others. Further the market is segmented on
the basis of applications, namely, microbiology, bio and nanotechnology, pharmaceuticals, chemistry, biopharmaceuticals, food industry, manufacturing
industry, environmental analysis and many others. Furthermore, the market is segmented on the basis of geography, such as, North America, Europe,
Asia-Pacific and Rest of the World (RoW). Currently, North America and Europe are the most prominent markets, owing to extensive research practices.
However, Asia-Pacific and some countries in RoW region are expected to show very lucrative growth in the upcoming period, owing to enhanced governmental
support for research purposes and growth in research infrastructure and technologies.
The market is driven by many inflowing drivers, such as, rapid growth in penetration of technology in the R&D field of various sectors, increased demand for
hyper-sophisticated analytical instrument by various global research organizations, enhanced governmental support for research purposes, increased emphasis
by pharmaceutical and chemical organizations on the discovery of newer molecules, frequent rise in international standards for food and drug safety enforces the
use of hyper-sophisticated equipment in industry and others. Rapid growth in R&D practices is considered as the most important driver of the market growth.
For instance, according to the European Federation of Pharmaceutica Industries and Association (EFPIA), the total R&D expenditure by pharmaceutical
companies in EU27 countries was around USD 41,000 million, in the year 2012.
Furthermore, due to enhanced penetration of technology, the utilization and hence demand for the advanced equipment is rapidly increasing. On the other hand,
major restraints include huge expenditure for initial set-up and instrumentation, high cost of maintenance, need of technically well skilled personnel and limited
awareness in many countries of the world. Initial cost is the biggest hurdle in the market growth. For instance, the basic instrument of UV-Visible spectroscopy
(the easiest and used method) costs around USD 5,000 to 14,000. The key opportunity includes development of cost-effective devices with enhanced accuracy
of the results.
Some of the major players operating in this market includes PerkinElmer, Inc., Aglent Technologies, Inc., Thermo Fischer Scientific, Inc., Bruker Corporation,
Jeol, Inc. and Danaher Corporation amongst others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this
research report include
North America Asia Pacific Europe Rest of the World
This report provides comprehensive analysis of
Market growth drivers Factors limiting market growth Current market trends Market structure Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics It provides a forward looking perspective on different factors driving or restraining
market growth It provides a six-year forecast assessed on the basis of how the market is predicted to grow It helps in understanding the key product segments
and their future It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors It helps in making informed business
decisions by having complete insights of market and by making in-depth analysis of market segments It provides distinctive graphics and exemplified SWOT
analysis of major market segments
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Molecular Spectroscopy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019