Spectrometry is an analytical technique employed to identify elements and compounds by measuring the radiant energy emitted by a substance within a specified electromagnetic spectrum upon excitation by an external energy source. Over the years spectrometry instruments have significantly played an important role in analytical and life science industry. Significant demand from life science industry for bimolecular analysis and drug composition along with growing environmental concern and urge for finding new metals and materials are significant drivers for the growth the global spectrometry market. Some of the prominent application areas of spectrometry instruments include pharmaceuticals, biotechnology, industrial chemistry, environmental testing, food & beverages testing and other similar areas such as astronomical studies and defense sector.
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The global spectrometry market is studied from two perspectives namely by technology and by application. The technology market can be further sub-segmented into Atomic Spectrometry, Mass Spectrometry and Molecular Spectrometry. The atomic spectrometry technique include atomic absorption spectrometry, X-ray diffraction spectrometry, X-ray fluorescence spectrometry, inductively coupled plasma spectrometry, elemental analyzers and other atomic spectrometry techniques. The molecular spectrometry comprises nuclear magnetic resonance spectrometry, ultraviolet visible spectrometry, infrared spectrometry, color measurement, near infrared spectrometry, Raman spectrometry and others. Moreover the mass spectrometry techniques comprises gas chromatography-mass spectrometry, liquid chromatography-mass spectrometry, matrix-assisted laser desorption/ionization-time of flight spectrometry (MALDI-TOF), triple-quadrupole liquid chromatography-mass spectrometry, quadrupole-time of flight liquid chromatography-mass spectrometry, inductively coupled plasma mass spectrometry and others.
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A detailed analysis and forecast for various instruments and applications in spectrometry market has been provided in this study, in terms of market revenue (USD million) for the period 2012 to 2020. The report also provides the compounded annual growth rate (CAGR %) for each technology and application for the forecast period 2014 to 2020, while market size estimations have been made considering 2012 and 2013 as the base years. In terms of geographical distribution the global spectrometry market has been segmented into four geographical regions: North America, Europe, Asia Pacific and Rest of the World. The current and future market sizes (in terms of USD million) of the above regional markets have been provided in the report for the period 2012 to 2020 with their respective growth rate (%) for the period 2014 to 2020. The study further offers recommendations and highlights of the market, which would be useful for the current and future market players to sustain and flourish in the global spectrometry market. A PESTLE analysis has also been considered while estimating the market for individual geographies in order to provide current as well as future status. Parallel to this, the report on global spectrometry market gives regulatory scenario of the major markets in the world. The report include announcements and guidelines by important bodies such as FDA and CE mark, along with products approved by these regulatory bodies are also mentioned in the report.
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The market overview section of the report demonstrates the market dynamics and market trends such as the drivers, restraints and opportunities that influence the current and future trends of this industry. Impact factors such as market attractiveness analysis and Porter’s five forces analysis have also been explained in the market overview section of the report in order to give a thorough analysis of the overall competitive scenario in the global spectrometry market. The competitive landscape section of the report includes market share analysis of the major players in spectrometry market. This report concludes the company profiles section which covers key information such as financial overview, product portfolio, business strategies and recent key developments about the major players in the market of spectrometry. Some of the key players profiled in this report include AB Sciex, Agilent Technologies, Inc., Analytik Jena AG, Bruker Corporation, Perkin Elmer, Inc., Shimadzu Corporation, Thermo Fisher Scientific, Inc., Waters Corporation and others.