Title: Analytical Standards Market by Category, Technique & Application - 2022
1MarketsandMarkets Presents
- Analytical Standards Market
- - Global Forecasts to 2021
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2- The global analytical standards market is
projected to reach USD 1.73 Billion by 2022 from
USD 1.27 Billion in 2017, at a CAGR of 6.3. The
stringent regulatory scenario in the
pharmaceutical industry, increasing
public-private investments for various
researches, and rising public concerns related to
optimal food safety and quality are the key
factors driving the growth of the market. - This report broadly segments the analytical
standards market into category, technique,
application, and region. On the basis of
category, the market is categorized into organic
and inorganic standards. In 2016, the organic
standards segment accounted for the largest share
of the market. It is also expected to register
the highest CAGR during the forecast period due
to increasing drug development activities
clinical trials. - On the basis of technique, the market is
categorized into chromatography, spectroscopy,
titrimetry, and physical properties testing. In
2016, the chromatography technique segment
accounted for the largest share of the market.
3 http//www.marketsandmarkets.com/Market-Repor
ts/analytical-standards-market-8484789.html Ba
sed on applications, the healthcare analytical
standards market is categorized into six
segments, namely, food beverages, forensic,
veterinary, petrochemistry, environmental, and
pharmaceutical life sciences. The environmental
application segment accounted for the largest
share of the market owing to degradation of
environmental quality and generation of solid
waste. The pharmaceutical and life sciences
segment is expected to register the highest CAGR
during the forecast period mainly due to the
stringent government regulatory framework and
increasing RD activities in the pharmaceutical
industry.
4- This report covers the market across four major
geographies, namely, North America, Europe,
Asia-Pacific, and the Rest of the World (RoW). Of
the four geographic regions studied in the
report, North America commanded the largest share
of the market in 2016 owing to the availability
of government funding for research and the
presence of a large number of market players.
However, Asia-Pacific is expected to register the
highest growth rate during the forecast period
due to increasing outsourcing of clinical trials
to APAC countries, rising chromatography-based
research, and use of chromatography in the food
and environmental industry. Globally, the market
growth is expected to be hindered by dearth of
well-trained and skilled laboratory technicians
across the globe. - The major players in the healthcare analytical
standards market are Merck KGaA (Germany),
Agilent Technologies Inc. (U.S.), Waters
Corporation (U.S.), LGC Standards (U.K.), Restek
Corporation (U.S.), Thermo Fischer Scientific
(U.S.), General Electric Company (U.S.),
PerkinElmer, Inc. (U.S.), Mallinckrodt Baker,
Inc. (U.K.), and SPEX CertiPrep (U.S.).
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