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Atomic Spectroscopy Market - Global Industry Analysis

Atomic Spectroscopy Market By Applications (Pharmaceuticals & Biotechnology, Environmental Technology, Food & Beverages Testing, Industrial Chemistry and Others), By Technology (Element Analyzers, X-ray Diffraction Spectroscopy, X-ray Fluorescence Spectroscopy, Inductively Coupled Plasma (ICP) Spectroscopy, Atomic Absorption Spectroscopy, Inductively Couples Plasma Mass Spectroscopy): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 08-Oct-2021 Category: Medical Device Report Format : PDF Pages: 180 Report Code: ZMR-1093 Status : Published

The global atomic spectroscopy market accounted for USD 5.22 Billion in 2020 and is expected to reach USD 8.80 Billion by 2028, growing at a CAGR of 6.8% from 2021 to 2028.

Description

Market Overview

The global atomic spectroscopy market accounted for USD 5.22 Billion in 2020 and is expected to reach USD 8.80 Billion by 2028, growing at a CAGR of 6.8% from 2021 to 2028.

Atomic Spectroscopy is the technique which is carried out for the determination of the elements and its compositions and it is the study of absorption and emission of the electromagnetic radiation by an atom. Radiations are emitted when the electrons are excited from one valence bond to the other valence bond which is lower valence bond. Absorption of the energy takes place when one relaxed electron moves from lower valence bond to the higher valence bond. The Atomic mass spectroscopy consists of an ion source, detector and a mass analyzer. It is carried out in mainly three techniques mainly, atomic absorption, atomic emission and fluorescence. The atomic identities are determined by the ratios which are taken using a mass analyzer to a mass to charge and concentrations are detected by the total no. of ions detected.

Global Atomic Spectroscopy Market Size

COVID-19 Impact Analysis

Since the COVID-19 outbreak which first started in (China) 2019, and from then on, it has spread all around the world at constantly growing and growing. There are many Countries which got affected. The COVID-19 outbreak has affected many businesses, country’s economies and industries in various ways. But, for the Atomic spectroscopy, it is significant for the research and development and has practical application in the healthcare sector and also used in pharmaceutical sector. Also the rise in food and beverage industry for qualitative analysis has brought in greater boost in the scenario.

Growth Factors:

The major factor that drives the atomic spectroscopy market is the growing government fund on the research activities and developments in drug discovery research. In addition to this, the growth in the food safety concerns and stringent regulations have gained the growth in market. Then the expansions by conferences and overall technological advancement and key players and rising awareness of the atomic spectroscopy are also expected to boost the global market growth. International companies that are entering in the global atomic spectroscopy market by the acquisitions and expansions are also anticipated to contribute to the global market growth. Many companies are focusing primarily on healthcare and clinical science, integrated services and solutions for laboratory research and analysis, which in turn may encourage the global market growth.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Application Segment Analysis Preview

The Pharmaceutical & Biotechnology sector of the type segment held the share percent of 37.5% in 2020. This is attributable to the growing in the coming years, as improving Healthcare and requirement of accuracy in the pharmaceutical and healthcare system. There are various regulatory authorities across the industrials have enforced to safety regulations. And the another emerging sectors chemical industry which has wide applications for chemical accuracy and testing. Some other sectors of the segment are Environmental testing, Food & beverage testing. The sector food and beverages is growing as increased food concerns are rising all over the world.

Global Atomic Spectroscopy Market Share

Technology Segment Analysis Preview

Technology segment is growing a substantial CAGR in year 2020. The segment is further bifurcated into Element analyzers, X-ray Diffraction spectroscopy, X-ray Fluorescence spectroscopy, inductively coupled plasma (ICP) Spectroscopy, Atomic absorption spectroscopy, Inductively Couples plasma mass Spectroscopy. In 2020, the atomic absorption spectroscopy segment is estimated to account largest share of the market and ICP-MS is also expected to grow at the highest rate during the forecast period.

Regional Analysis Preview

North America dominates the market and contributes the largest market share for the forecast years of 2021 to 2028. This is due to the presence of large pharmaceutical and chemical Industries in the global Atomic spectroscopy market. Along with that, strict regulations which are implemented by the government for the safety of drugs. In addition, the food and beverages also fuel the global market growth. Along with this Asia Pacific is also growing and forecasted to grow further at a CAGR of 10.4% for the upcoming forecasted years from 2021 to 2028. The development in the region is because of the developing nations such as India and China who are emerging economies also accounted for the largest market chunk for atomic spectroscopy as major players are expanding their businesses in these regions.

Global Atomic Spectroscopy Market Regional Analysis

Key Market Players & Competitive Landscape

The major market players in the atomic spectroscopy market include Rigaku Corporation, Agilent Technologies, and Shimadzu Corporation, GBC Scientific Equipment Pty Ltd., PerkinElmer, Inc., Bruker Corporation, Thermo Fisher Scientific, and Hitachi High-Technologies Corporation.

The global atomic spectroscopy market is segmented as follows:

By Application

  • Pharmaceutical & Biotechnology
  • Environmental Testing
  • Food & Beverage Testing
  • Industrial Chemistry

By Technology

  • Elementary Analyzers
  • X-ray Diffraction Spectroscopy
  • X-ray Fluorescence Spectroscopy
  • Inductively Coupled Plasma (ICP) Spectroscopy
  • Atomic Absorption Spectroscopy
  • Inductively Couples Plasma Mass Spectroscopy

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Application
        • 2.1.1.2. Market Attractiveness Analysis, By Technulogy
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Atomic Spectroscopy Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Asia-pacific
      • 3.1.3. Europe
      • 3.1.4. Rest of the world
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Atomic Spectroscopy Market – Application Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 4.2. Pharmaceutical
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Biotechnulogy
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Environmental testing
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Food & Beverage testing
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Industrial chemistry
      • 4.6.1. Market Size and Forecast, By Region (USD Million)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Atomic Spectroscopy Market – Technulogy Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Technulogy, 2020 & 2028
    • 5.2. elemental analyzers
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. x-ray diffraction spectroscopy
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. X-ray fluorescence spectroscopy
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. inductively coupled plasma (ICP) spectroscopy
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. atomic absorption spectroscopy
      • 5.6.1. Market Size and Forecast, By Region (USD Million)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. inductively coupled plasma mass spectroscopy (ICP-MS)
      • 5.7.1. Market Size and Forecast, By Region (USD Million)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Atomic Spectroscopy Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.2.2. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Technulogy, 2016 – 2028
    • 6.3. Asia-pacific
      • 6.3.1. Asia-pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.3.2. Asia-pacific Market Revenue, By Application, 2016 – 2028
      • 6.3.3. Asia-pacific Market Revenue, By Technulogy, 2016 – 2028
    • 6.4. Europe
      • 6.4.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.4.2. Europe Market Revenue, By Application, 2016 – 2028
      • 6.4.3. Europe Market Revenue, By Technulogy, 2016 – 2028
    • 6.5. Rest of the world
      • 6.5.1. Rest of the world Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.5.2. Rest of the world Market Revenue, By Application, 2016 – 2028
      • 6.5.3. Rest of the world Market Revenue, By Technulogy, 2016 – 2028
  • Chapter No. 7 Atomic Spectroscopy Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technulogy Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Asia-pacific
      • 7.9.3. Europe
      • 7.9.4. Rest of the world
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8 Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Atomic Spectroscopy Market: Company Market Share, 2019
      • 8.1.2. Global Atomic Spectroscopy Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Atomic Spectroscopy Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Atomic Spectroscopy Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9 Company Profiles
    • 9.1. Hitachi High-Technulogies Corporation. Other players include Aurora Biomed
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfulio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Analytik Jena AG and Rigaku Corporation
    • 9.3. Agilent Technulogies
    • 9.4. and Shimadzu Corporation
    • 9.5. GBC Scientific Equipment Pty Ltd.
    • 9.6. PerkinElmer
    • 9.7. Bruker Corporation
    • 9.8. Thermo Fisher Scientific
  • Chapter No. 10 Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11 Research Methodulogy
    • 11.1. Research Methodulogy
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Methodology


Frequently Asked Questions

The global atomic spectroscopy market was valued at USD 5.22 Billion in 2020.

The global atomic spectroscopy market is expected to reach USD 8.80 Billion by 2028, growing at a CAGR of 6.8% between 2021 to 2028.

The major factor that drives the atomic spectroscopy market is The major factor that drives the Atomic Spectroscopy market is the growth is Growing government fund on the research activities and developments in drug discovery research. In addition to this, the growth in the food safety concerns and stringent regulations have gained the growth in market.

North America contributed the largest market share in the year 2020 in the global atomic spectroscopy market share due to the presence of large pharmaceutical and chemical Industries. Additionally, strict regulations implemented by the government about the safety of drugs, and food and beverages also fuel the global market growth

The major market players in the Atomic Spectroscopy market include Rigaku Corporation, Agilent Technologies, and Shimadzu Corporation, GBC Scientific Equipment Pty Ltd., PerkinElmer, Inc., Bruker Corporation, Thermo Fisher Scientific, and Hitachi High-Technologies Corporation.

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