Global Atomic Spectroscopy Market- Market Dynamics & Drivers, 2018

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Atomic Spectroscopy Market - Competitive
Landscape - Global Forecasts Trends to 2018
No. of Pages 195
Published Date April 2014
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New Market Research Report on Atomic
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The global Atomic Spectroscopy Market was valued
at an estimated 4.02 billion in 2013 and is
expected to grow at a CAGR of 6.4. Various
regulatory authorities across industries have
enforced stringent safety regulations. The use of
atomic spectroscopy technologies facilitate the
compliance with these regulations by enabling the
measurement and monitoring of the level of metals
in samples. This is a major driver for the atomic
spectroscopy market. Furthermore, the increasing
use of atomic spectroscopy technologies for drug
safety and medical research is another major
driver for this market.
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Atomic Spectroscopy Market - Competitive
Landscape - Global Forecasts Trends to 2018
However, the dearth of technical expertise poses
as a restraint for the growth of this
market. The X-ray fluorescence technology has
become a mature analytical tool for routine
quality controls in various industries and
research laboratories, owing to its ease of
automation, speed and economy, and the
possibility to directly analyze solid samples.
The X-ray fluorescence market was valued at
884.4 million in 2013 and is expected to grow at
an estimated CAGR of 5.9.
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Atomic Spectroscopy Market - Competitive
Landscape - Global Forecasts Trends to 2018
On the other hand, the revisions to the Chapter
231 of the U.S. Pharmacopeia which makes it
mandatory for pharmaceutical companies to use
ICP-MS will provide the atomic spectroscopy
market with significant growth opportunities in
the next few years. In 2013, North America
accounted for the largest share of the global
atomic spectroscopy market, followed by Europe
and Asia. However, the Asian market will witness
the highest growth in the atomic spectroscopy
market. The growth in the Asian market will be
centered at
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Atomic Spectroscopy Market - Competitive
Landscape - Global Forecasts Trends to 2018
the emerging Indian and Chinese markets. The
leading players in the atomic spectroscopy market
have undertaken major developments in these
countries and are planning to further increase
their presence in these countries. For
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