Global Molecular Spectroscopy Market – Industry Trends and Forecast to 2024

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Global Molecular Spectroscopy Market
Global Molecular Spectroscopy Market
accounted value of 6.3 till 2024
The Global Molecular Spectroscopy Market is
expected to reach USD 6,443.5 million by 2024,
from USD 3,959.8 million in 2016, growing at a
CAGR of 6.3 in the forecast period. The new
market report contains data for historic year
2015, the base year of calculation is 2016 and
the forecast period is 2017 to 2024.
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Report Description
In 2016, Bruker dominates the market with 27.3
market share followed by Thermofisher Scientific,
Inc. and, Agilent Technologies. Some of the major
players operating in the global molecular
spectroscopy market are ABB, Avantes, Block
Engineering, Carl Zeiss Spectroscopy GmbH, Cobalt
Light Systems Ltd, Galaxy Scientific, Gasera,
Ibsen Photonics, and, Jeol Ltd. among others.
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Key Drivers

• Infrared spectroscopy is revolving around two
  technological advantages, primarily a better
  approach between image formation and optics,
  which will enable a diffraction free image sample
  of the entire spectrum.
• Many companies are increasingly focusing on
  terahertz IR spectroscopy and handheld IR
  spectroscopy in order to strengthen their product
  portfolios in the molecular spectroscopy market.
• Development in the field of Raman spectroscopy is
  changing the trend for the administration of
  injections in the healthcare sector.

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Market Segmentation

• The global molecular spectroscopy market is
  segmented on the basis of technology,
  type,application, and geography.Based on
  technology, the global molecular spectroscopy
  market is segmented into nuclear magnetic
  resonance (NMR) spectroscopy, UV visible
  spectroscopy, infrared (IR) spectroscopy, near
  infrared spectroscopy (NIR), Raman spectroscopy
  and others.
• In 2016, NMR spectroscopy dominated the market
  with a share of 36.4 and is expected to
  domination in the forecast period 2017 to 2024.
• Based on product types, the IR spectroscopy
  market is segmented into bench top, infrared
  microscopy, portable,hyphenated and terahertz IR
  spectroscopy. Terahertz IR spectroscopy is the
  highest growing market segment.

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Competitive Landscape
Global Sports Medicine Market report contains an
in-depth profiling of the key market players,
along with the recent developments and strategies
adopted by them to sustain and strengthen their
positions in the market. In 2016, Bruker
dominates the market with 27.3 market share
followed by Thermofisher Scientific, Inc. and,
Agilent Technologies. Some of the major players
operating in the global molecular spectroscopy
market are ABB, Avantes, Shimadzu Corporation,
Spectral Evolution, Viavi Solutions, WITec GmbH,
BW Tek, StellarNet, Si-WareSystems, Foss, Jasco,
Inc. and, Jeol Ltd. among others.
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