25th September 2018 - Global Nuclear Magnetic Resonance Spectrometer Market is expected to grow at a lucrative CAGR over the eight year period owing to increasing demand for enhanced medicine. Rise in demand from food and beverages industry is estimated to fuel the demand in the near future.
Over the forecast period, the nuclear magnetic resonance spectrometer market, consumables, comprising instruments, and services, has witnessed several technological advancements. The advancements have led to rapid growth in the number of applications. This spectrometer is increasingly being used in drug development & discovery, diagnostics and metabolomics & biomarkers research. The high instruments cost & the need for skilled & experienced professionals to operate these sophisticated systems is expected to hamper the market growth over the next eight year period.
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In the spectroscopy market nuclear magnetic resonance spectrometer is expected to have highest growth in the near future and has dominated the regional market in the recent past. Based on application the market is segmented as biotechnology, pharmaceuticals, biopharmaceuticals, environmental testing, research testing and food & beverages testing. Pharmaceutical segment is expected to witness highest growth over the forecast period owing to high demand from healthcare sector. The increase in necessity to enhance drug safety and efficacy, coupled with reduction in costs related to the drug development and discovery process.
Major regional markets include Central & South America, North America, Middle East & Africa, Asia Pacific, and Europe. Among the developing region India and China are projected to dominate the regional market owing to huge demand from health care sector. China is presumed to show highest growth in the regional market as it is one of the emerging economies. Increase in environmental research is presumed to fuel the market growth. Thus demand for nuclear magnetic resonance spectrometer is expected to increase over the forecast period. The companies are presumed to invest on R & D to develop better product. Product innovation will open new opportunity for the Thus is expected to propel the industry demand over the eight year period.
The major manufacturers covered in this report
• Bruker
• JEOL
• Thermo Fisher
• Oxford Instrument
• Nanalysis
• Anasazi
• Magritek
• Spinlock
• Shimadzu Corporation
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• NMR (FT, Continuous Wave)
• UV-Visible (Photodiode Array, Handheld)
• IR (Terahertz, Benchtop)
• NIR (FT-NIR)
• Raman (SERS, TERS, FT Raman)
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Pharmaceutical
• Food
• Others
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Nuclear Magnetic Resonance (NMR) Spectrometer in these regions, from 2013 to 2025 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India