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Global molecular spectroscopy market expected to dominate worldwide by 2024 according to new research report

Medical Market Research

Global Molecular Spectroscopy Market, By Type (Nuclear Magnetic Resonance (Continuous Wave, Fourier Transform, Solid State), UV-Vis, Infrared (IR), Near Infrared (NIR), Colour Spectroscopy, Raman Spectroscopy, Others), By Applications (Pharmaceuticals, Biotech, Food and Beverages, Environmental Testing, Academics, Others), By Geography (North America, South America, Europe, Asia-Pacific, Rest of the World) – Industry Trends and Forecast to 2024

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.


The major factors driving the growth of this market are the new international GMP & GDP certification for pharmaceutical excipients (North America & Europe),global alliances amongst leading research institutes to boost drug discovery,growing food safety concerns,increasing life science R&D spending, and technological advancements.

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 isexpected to domination in the forecast period 2017 to 2024.

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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.

On the basis of application, the global molecular spectroscopy market is classified into pharmaceutical, food and beverages, environmental testing, biotechnology, academics and research and, others.


Based on geography the global molecular spectroscopy market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

The Global Molecular Spectroscopy Market Report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. The report includes market shares of prefilled syringes market for global, Europe, North America, Asia Pacific and South America.


Some of the major players operating in this market are

  • Brukeris
  • Thermofisher Scientific, Inc.
  • Agilent Technologies ABB
  • Avantes
  • Block Engineering
  • Carl Zeiss Spectroscopy GmbH
  • Cobalt Light Systems Ltd
  • Galaxy Scientific
  • Gasera
  • Ibsen Photonics
  • Industrial Test Systems, Inc.
  • Kaiser Optical Systems, Inc.
  • Keit Spectrometers
  • Magritek
  • EMD Millipore Corporation
  • PerkinElmer Inc.
  • Raptor Photonics PLC
  • Shimadzu Corporation
  • Spectral Evolution
  • Viavi Solutions
  • WITec GmbH
  • B&W Tek
  • StellarNet
  • Si-WareSystems
  • Foss
  • Jasco, Inc.
  • Jeol Ltd.

Related Report

Global Injectable Drug Delivery Market – Industry Trends and Forecast to 2024  

Global Injectable Drug Delivery Market, By Type (Devices {Conventional Injection, Self-Injection}, Formulations {Conventional Drug Delivery, Noble Drug Delivery, Long Acting Injection Formulations}, Applications (Autoimmune Diseases, Hormonal Disorders, Orphan Diseases, Oncology), Usage Pattern (Curative Care, Immunizations), Mode of Administration  (Skin, Circulatory, Organs, Central Nervous System), End User  (Hospitals & Clinics, Home Care Settings, Research Laboratories,  Pharma & Biotech Companies), Geography (North America,  Europe, Asia-Pacific, South America, Middle East Africa) – Industry Trends and Forecast to 2024

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