Surface analysis market share forecast to witness considerable growth from 2019-2025

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Surface analysis market share research by
applications and regions for 2019-2025 Global
Market Insights, Inc.
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Overview of surface analysis market

• The APAC surface analysis market is expected to
  grow rapidly over the forecast period due to
  favorable government policies for research
  development in the pharmaceutical industry in
  developing countries including India and China.
  For instance, Indias Ministry of Health and
  Family Welfare increased the fund allocation for
  the pharmaceutical sector by 13.1 to USD 8.98
  billion in the Union Budget 2019-20. The local
  state governments in India are also focusing on
  research development in the pharmaceutical
  sector. For instance, in October 2018, the Uttar
  Pradesh government announced its intention to set
  up six pharma parks in the state and the
  government also announced an investment of USD
  855 million for the same. The developing
  countries in the region such as Japan and
  Singapore are forming strategic collaborations
  with well-established economies in North America
  and Europe for enhancing research development
  activities in the healthcare sector.
• Surface Analysis Market size is expected to grow
  rapidly over the forecast period due to increase
  in technological innovations in nanotechnology,
  rise in research development activities by
  pharmaceutical companies, and increase in the
  adoption of surface analysis techniques in
  polymer, energy, and semiconductor segments. The
  technological advancements in microscopy and
  spectroscopy are also contributing significantly
  to market growth. The government funding
  initiatives are also supporting the surface
  analysis market growth. The emergence of
  nanomaterials in the pharmaceutical and
  biotechnology field is also helping in the
  adoption of surface analysis techniques.

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• The development of pharmaceutical products
  involves continuous interactions between the
  surface of the product, plant, and packaging
  materials. The surface analysis helps
  pharmaceutical companies in validating the
  cleanliness of the product, process material
  instruments, and packaging materials to avoid
  contamination and rapidly identify the source of
  contamination. It also helps in evaluating the
  product-packaging compatibility, which accesses
  the stability of the product in a particular
  packaging material. Surface analysis techniques
  assess the sterilization effects on the product
  and packaging of the surface of the material. The
  technology also helps in the detection and
  characterization of modifications of polymer
  surfaces to promote the properties such as
  adhesion and wettability. The chemical state
  elemental composition of the material that exists
  only on the surface of a product can be analyzed
  using surface analytics techniques.
• Surface analysis helps in the rapid development
  of pharmaceutical products by providing valuable
  insights to spatial roughness of excipients for
  pharmaceutical coating technologies. The
  advancements in surface analysis technology helps
  in mapping the surface chemistry at a high
  spatial resolution, helping in the development of
  the drug delivery system. The high costs
  associated with the implementation of surface
  analysis techniques can be a big restraint to
  market growth. The stringent government taxation
  policies, such as 2.3 of excise imposed by the
  U.S. government on medical devices including
  microscope, will also hamper surface analysis
  market growth.

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• North America is expected to dominate the surface
  analysis market over the forecast period due to
  the well-established healthcare infrastructure
  and rising investments in the pharmaceutical
  industry. The rising government support for the
  research development of nanotechnology also
  contributes significantly to surface analysis
  market growth. According to the budget of the
  U.S. government, around USD 1.4 billion was
  allocated for the National Nanotechnology
  Initiative (NNI). These investments helped in
  accelerating the adoption of nanotechnology
  across the country. The presence of major surface
  analysis solution providers, such as Danaher
  Corporation, Thermo Fisher Scientific, Inc., and
  FEI Company in the region, is also fueling the
  market growth. The early adoption of advanced
  microscopy techniques in the region has enabled
  the adoption of surface analysis technology
  across the region.
• The companies are focusing on the development of
  the new products to gain a competitive advantage
  over their competitors. For instance, in
  September 2017, Thermo Fisher launched a new
  multi-technique surface analysis system. This new
  product helped the company in integrating
  multiple analytical techniques into a single
  compact and fully automated surface analysis
  instrument. The other market players operating in
  surface analysis market are Danaher Corporation,
  Thermo Fisher Scientific, Inc., Bruker
  Corporation, FEI Company, HORIBA, Ltd., JEOL,
  Ltd., Olympus Corporation, ULVAC-PHI, Nikon
  Corporation, Carl Zeiss AG, and Shimadzu
  Corporation.

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Methodology

• Market
  research reports Key analytical components

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