Posted July 19, 2017 by lucylinda in Library
 
 

North America Infrared Spectroscopy Market is poised to grow at 7.20% till 2024-databridgemarketresearch.com

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The North America Infrared (IR) Spectroscopy Market is segmented by product spectrum application and by country.The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Segmentation:

North America Infrared Spectroscopy Market,By Product Type (Benchtop IR Spectroscope, IR Microscopy, Portable IR Spectroscope, Hyphenated IR Spectroscope, Terahertz IR Spectroscope), By Spectrum (Near Infrared, Far Infrared, Mid Infrared), By Applications (Pharma and Biotech, Food and Beverages, Environmental Testing, Academics, Security, Industrial, Petrochemicals), By Country (U.S., Canada, Mexico)

Drivers:

Some of the major factors driving the growth of market for IR spectroscopy are increasing food safety concern, increasing life science R&D spending, and technological advancement. Spectroscopy has grown exponentially in terms of accuracy and sensitivity and has witnessed the launch of many new products with improved features.

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INCREASING FOOD SAFETY CONCERN

NIR spectroscopy is used by the scientists to develop specific ingredients to enhance the nutritional quality of beverages. IR spectroscopy is being used by the scientists to test & measure the content of food. NIR spectroscopy is one of the proven & accepted methods of food testing and analysis, and to monitor the quality parameters of the food & beverages and it also offers significant advantages like real time analysis, non destructive sampling and, less sample waste.

TECHNOLOGICAL ADVANCEMENT

Technological advancements such as miniaturization, automation, and computerization of IR spectroscopy instruments are not only generating an interest in research laboratories but also in pharmaceutical companies. Miniaturization of instruments facilitates their installation in small laboratories, thereby overcoming space constraints. Furthermore, pharmaceutical companies look for better reproducibility, ease of operation, and computerized results, which are obtained through technological advancements in instruments. Spectroscopy has grown exponentially in terms of accuracy and sensitivity and has witnessed the launch of many new products with improved features.

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Based on North America, the market is segmented into geographical regions:

  • United State
  • Canada
  • Mexico

Some of the major players operating in this market are

  • ABB Group
  • Teraview Ltd
  • Teledyne Technologies Inc.
  • Agilent Technologies
  • Bayspec, Inc.
  • Horiba, Ltd.
  • Spectra Analysis Instruments Inc.
  • Avantes, Bruker Corporation
  • Carl Zeiss Spectroscopy GmbH
  • Galaxy Scientific
  • Gasera
  • Ibsen Photonics
  • EMD Millipore Corporation
  • PerkinElmer Inc.
  • Shimadzu Corporation
  • Thermo Fisher Scientific
  • Viavi Foss, Jasco, Inc.
  • Princeton Instruments (PI)

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INCREASING LIFE SCIENCE R&D SPENDING

Global pharmaceutical companies are adopting cost cutting strategies such as alliances and acquisitions to jointly conduct R&D activities and to focus on the development of niche products. Spectroscopy has numerous applications in protein analysis and purification, and quality control of raw materials and APIs such as measuring the contents and also in developing of the specific ingredients for enhancement of the nutritional quality of foods & beverages.

Related Report

North America Lab Automation Market – Industry Trends and Forecast to 2024

North America Lab Automation Market By Product Type, End User, Country (U.S., Canada, Mexico)–Industry Trends and Forecast to 2024 http://databridgemarketresearch.com/reports/medical-devices/analytical-instruments/north-america-lab-automation-market/

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