Analytical Standards Market report analyzes micromarkets with respect to their individual growth trends, prospects, and contributions to the total market. Analytical Standards Market is competitive, with a large number of global and local players. In 2016, the market was dominated by Merck KGaA (Germany), Agilent Technologies Inc. (U.S.),and LGC Standards (U.K.). Product launches and expansions were the major strategies adopted by market players to achieve growth in the market.
Global Analytical Standards Market is projected to reach US$ 1.73 Billion by 2022 from US$ 1.27 Billion in 2017, at a CAGR of 6.3%. Factors such as the rising public concerns related to optimal food safety &quality and expansion of pharmaceutical and biotechnology industries across the globe.
On the other hand, limited public awareness related to effective pollution monitoring strategies across developing countries is limiting the growth of the market.
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In 2017, on the basis of application, the pharmaceutical and life sciences segment is expected to register the highest growth rate during the forecast period due to increasing drug development in developed countries, increasing use of certified reference materials (CRMs) to ensure the quality of pharmaceuticals, regulations on cosmetic products, and the rising popularity of traditional medicines.
1 Objectives of the Study
2 Market Definition
3 Market Scope
4 Years Considered for the Study
Geographically, the analytical standards market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is expected to register the highest growth rate during the forecast period owing to government investments in the biotechnology industry, increasing number of bioclusters, and expansion by key analytical standards manufacturers.
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The global analytical standards market is competitive, with a large number of global and local players. In 2016, the market was dominated by Merck KGaA (Germany), Agilent Technologies Inc. (U.S.),and LGC Standards (U.K.). Product launches and expansions were the major strategies adopted by market players to achieve growth in the market.
Global Analytical Standards Market, By Category
Organic Analytical Standards
Inorganic Analytical Standards
Global Analytical Standards Market, By Technique
Physical Properties Testing Standards
This report studies the analytical standards market based on category, technique, and application. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth.
It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for the market leaders.
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn help firms garner greater market shares. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies for strengthening their market shares.