NEW YORK, Nov. 20, 2023 /PRNewswire/ — The portable analytical instrument market size is expected to grow by USD 2.90 billion from 2022 to 2027. In addition, the momentum of the market will progress at a CAGR of 5.72% during the forecast period, according to Technavio Research. The market is categorized by End-user (Pharmaceutical and biotechnology companies, Food and beverage companies, Environmental testing organizations, and Others ), Product (Spectrometers, Gas and TOC analyzers, Thermal analyzers, and Others ), and Geography (Asia, North America, Europe, and Rest of World (ROW)).
Technavio has announced its latest market research report titled Global Portable Analytical Instrument Market 2023-2027
Asia is the major revenue-generating region for the global market with a 35% contribution to the overall market growth during the forecast period. The growth can be attributed to the increasing mergers and acquisitions and new investments in the portable analytical instrument market. Research activities are increasingly supported in the region and countries like Singapore have developed a friendly business ecosystem. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read a PDF Sample Report
Company Profile:
Agilent Technologies Inc., Bio Rad Laboratories Inc., Bruker Corp., Danaher Corp., Eppendorf SE, F. Hoffmann La Roche Ltd., Hitachi Ltd., JASCO International Co. Ltd., JEOL Ltd., Metrohm AG, Mettler Toledo International Inc., PerkinElmer Inc., Rigaku Corp., Rudolph Research Analytical, Shimadzu Corp., Spectris Plc, Teledyne Technologies Inc., Thermo Fisher Scientific Inc., Waters Corp., HORIBA Ltd.
Agilent Technologies Inc. – The company offers portable analytical instruments such as 4300 Handheld FTIR and others.
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Portable Analytical Instrument Market: Segmentation Analysis
The growth of the pharmaceutical and biotech comp segment will be significant during the forecast period. Making sure that these companies are in full compliance with the present GMP will become essential to their identification and quantification of raw materials. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report
“Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021”- Technavio
Portable Analytical Instrument Market: Driver and Trend:
Driver
Rise in demand for generic drugs
Increasing prevalence of narcotics-related problems
Concerns about food safety
The rise in demand for generic drugs drives market growth. This demand leads to developments and innovations in the generic drugs market. Thus companies are heavily investing in the R&D of these drugs and specific medicinal products may be delivered by pharmaceutical companies with a strong infrastructure.
The rise in electrical and electronic components in the automobile industry is an emerging market trend. Identify key trends, drivers, and challenges in the market. Download a sample report to gain access to this information.
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The global atomic spectroscopy market size is estimated to grow by USD 2,214.33 million at a CAGR of 7.02% between 2022 and 2027.
What are the key data covered in this portable analytical instrument market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the portable analytical instrument market between 2022 and 2027.
Precise estimation of the portable analytical instrument market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the portable analytical instrument market across North America, Europe, Asia, and ROW
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of portable analytical instrument market vendors.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Product
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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SOURCE Technavio