Pune, India -- (SBWIRE) -- 05/24/2018 -- Global Molecular Spectroscopy Market is expected to reach USD 6,443.5 million by 2024, from USD 3,959.8 million in 2016, growing at a CAGR of 6.3% in the forecast period. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Key Companies Analysis:

In 2016, Bruker dominates the market with 27.3% market share followed by Thermofisher Scientific, Inc. and, Agilent Technologies. Some of the major players operating in the global molecular spectroscopy market are ABB, Avantes, Block Engineering, Carl Zeiss Spectroscopy GmbH, Cobalt Light Systems Ltd, Galaxy Scientific, Gasera, Ibsen Photonics, Industrial Test Systems, Inc., Kaiser Optical Systems, Inc., Keit Spectrometers, Magritek, EMD Millipore Corporation, PerkinElmer Inc., Raptor Photonics PLC, Shimadzu Corporation, Spectral Evolution, Viavi Solutions, WITec GmbH, B&W Tek, StellarNet, Si-WareSystems, Foss, Jasco, Inc. and, Jeol Ltd. among others.

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Global Molecular Spectroscopy Market – Drivers:

Some of the factors that have led to the increase in the growth of global spectroscopy are advancements in the research and development in the spectroscopy field along with huge government spending for developing and innovation in this market. The major factors driving the growth of this market are the new international GMP & GDP certification for pharmaceutical excipients (North America & Europe), global alliances amongst leading research institutes to boost drug discovery, growing food safety concerns, increasing life science R&D spending, and technological advancements.

NEW INTERNATIONAL GMP & GDP CERTIFICATION FOR PHARMACEUTICAL EXCIPIENTS (NORTH AMERICA & EUROPE) EXCIPACT:

Pharmaceutical excipients transport a drug to a site in the body where the drug is intended to act; they assist in product identification, and enhance the overall safety or function of a product during storage or use. Since these substances are an integral part of drugs, they require stringent quality management. However, there is no dedicated regulatory quality control body to check the major components of dosage forms.

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GLOBAL ALLIANCES AMONGST LEADING RESEARCH INSTITUTES TO BOOST DRUG DISCOVERY:

The alliance aims to strengthen drug development research activities among the international academic and not-for-profit research institutes. With strengthening of research activities, the scope for commercialization of drugs is increasing and more activities are taking place in the drug discovery and development arena. Molecular spectroscopy techniques are extensively used in such research activities as well as in the drug discovery and development process. Thus, such initiatives are expected to drive the market for molecular spectroscopy.

GROWING FOOD SAFETY CONCERNS:

Molecular spectroscopy is used by food testing laboratories, to identify and quantify foreign substances in food. For instance, an NMR spectroscopy technique is being developed by the Institute of Food Research (IFR) (U.K.) to analyze the fatty acid composition of food samples. This initiative is being implemented in response to the 2013 horse meat scandal in the U.K. Thus, the increasing use of molecular spectroscopy instruments in maintaining high quality of food is propelling the market growth.

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 such as 'orphan drugs'. Spectroscopy has numerous applications in protein analysis and purification, and quality control of raw materials and APIs. Thus, the growth in R&D spending is likely to increase the application horizon of molecular spectroscopy instruments.

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TABLE OF CONTENTS

1. INTRODUCTION
1.1. OVERVIEW OF GLOBAL MOLECULAR SPECTROSCOPY MARKET
1.2. CURRENCY AND PRICING
1.3. LIMITATION
1.4. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
3. MARKET OVERVIEW
3.1. DRIVERS
3.2. RESTRAINTS
3.3. OPPURTUNITIES
4. EXECUTIVE LANDSCAPE
5. PREMIUM INSIGHTS
6. GLOBAL MOLECULAR SPECTROSCOPY MARKET, BY TYPE
6.1. OVERVIEW
6.2. GLOBAL NMR SPECTROSCOPY MARKET, BY PRODUCT TYPE
6.3. GLOBAL UV-VISIBLE SPECTROSCOPY MARKET, BY PRODUCT TYPE
6.4. GLOBAL INFRARED (IR) SPECTROSCOPY MARKET, BY PRODUCT TYPE
6.5. GLOBAL INFRARED (IR) SPECTROSCOPY MARKET, BY SPECTRUM
6.6. GLOBAL NEAR INFRARED (NIR) SPECTROSCOPY MARKET, BY PRODUCT TYPE
6.7. GLOBAL RAMAN SPECTROSCOPY MARKET, BY PRODUCT TYPE
6.8. GLOBAL RAMAN SPECTROSCOPY MARKET, BY SAMPLING TECHNOLOGY
7. GLOBAL MOLECULAR SPECTROSCOPY MARKET, BY APPLICATION
7.1. OVERVIEW
7.2. GLOBAL MOLECULAR SPECTROSCOPY MARKET, IN PHARMACEUTICALS
7.3. GLOBAL MOLECULAR SPECTROSCOPY MARKET, IN ACADEMY AND RESEARCH
7.4. GLOBAL MOLECULAR SPECTROSCOPY MARKET, IN BIOTECHNOLOGY
7.5. GLOBAL MOLECULAR SPECTROSCOPY MARKET, IN FOOD AND BEVERAGES
7.6. GLOBAL MOLECULAR SPECTROSCOPY MARKET, IN ENVIRONMENTAL TESTING
8. GLOBAL MOLECULAR SPECTROSCOPY MARKET, BY GEOGRAPHY
8.1. OVERVIEW
8.2. NORTH AMERICA MOLECULAR SPECTROSCOPY MARKET
8.2.1. U.S. MOLECULAR SPECTROSCOPY MARKET
8.2.2. CANADA MOLECULAR SPECTROSCOPY MARKET
8.2.3. MEXICO MOLECULAR SPECTROSCOPY MARKET
8.3. EUROPE MOLECULAR SPECTROSCOPY MARKET
8.3.1. GERMANY MOLECULAR SPECTROSCOPY MARKET
8.3.2. FRANCE MOLECULAR SPECTROSCOPY MARKET
8.3.3. U.K. MOLECULAR SPECTROSCOPY MARKET
8.3.4. ITALY MOLECULAR SPECTROSCOPY MARKET
8.3.5. SWITZERLAND MOLECULAR SPECTROSCOPY MARKET
8.3.6. NETHERLANDS MOLECULAR SPECTROSCOPY MARKET
8.3.7. SPAIN MOLECULAR SPECTROSCOPY MARKET
8.3.8. TURKEY MOLECULAR SPECTROSCOPY MARKET
8.3.9. BELGIUM MOLECULAR SPECTROSCOPY MARKET
8.3.10. RUSSIA MOLECULAR SPECTROSCOPY MARKET
8.3.11. REST OF EUROPE MOLECULAR SPECTROSCOPY MARKET
8.4. ASIA-PACIFIC MOLECULAR SPECTROSCOPY MARKET
8.4.1. JAPAN MOLECULAR SPECTROSCOPY MARKET
8.4.2. CHINA MOLECULAR SPECTROSCOPY MARKET
8.4.3. INDIA MOLECULAR SPECTROSCOPY MARKET
8.4.4. SOUTH KOREA MOLECULAR SPECTROSCOPY MARKET
8.5. AUSTRALIA MOLECULAR SPECTROSCOPY MARKET
8.5.1. THAILAND MOLECULAR SPECTROSCOPY MARKET
8.5.2. MALAYSIA MOLECULAR SPECTROSCOPY MARKET
8.5.3. SINGAPORE MOLECULAR SPECTROSCOPY MARKET
8.5.4. PHILLIPINES MOLECULAR SPECTROSCOPY MARKET
8.5.5. INDONESIA MOLECULAR SPECTROSCOPY MARKET
8.5.6. REST OF APAC MOLECULAR SPECTROSCOPY MARKET
8.6. SOUTH AMERICA MOLECULAR SPECTROSCOPY MARKET
8.6.1. BRAZIL MOLECULAR SPECTROSCOPY MARKET
8.6.2. REST OF SOUTH AMERICA MOLECULAR SPECTROSCOPY MARKET
8.7. MIDDLE EAST AND AFRICA MOLECULAR SPECTROSCOPY MARKET
8.7.1. SOUTH AFRICA MOLECULAR SPECTROSCOPY MARKET
8.8. REST OF MEA MOLECULAR SPECTROSCOPY MARKET
8.9. REST OF THE WORLD MOLECULAR SPECTROSCOPY MARKET
9. MOLECULAR SPECTROSCOPY MARKET, COMPANY SHARE ANALYSIS
9.1. OVERVIEW
9.2. COMPANY SHARE ANALYSIS
10. COMPANY PROFILES
10.1. AGILENT TECHNOLOGIES, INC.
10.1.1. COMPANY OVERVIEW
10.1.2. SWOT ANALYSIS
10.1.2.1. STRENGTHS:-
10.1.2.2. WEAKNESS:-
10.1.2.3. OPPORTUNITY:-
10.1.2.4. THREATS:-
10.1.3. REVENUE ANALYSIS
10.1.4. PRODUCT PORTFOLIO
10.1.5. RECENT DEVELOPMENTS
10.1.6. DATA BRIDGE ANALYSIS
10.2. AVANTES
10.2.1. COMPANY OVERVIEW
10.2.2. REVENUE ANALYSIS
10.2.3. PRODUCT PORTFOLIO
10.2.4. RECENT DEVELOPMENTS
10.3. THE ABB GROUP
10.3.1. COMPANY OVERVIEW
10.3.2. SWOT ANALYSIS
10.3.2.1. STRENGTHS:-
10.3.2.2. WEAKNESS:-
10.3.2.3. OPPORTUNITY:-
10.3.2.4. THREATS:-
10.3.3. REVENUE ANALYSIS
10.3.4. PRODUCT PORTFOLIO
10.3.5. RECENT DEVELOPMENTS
10.4. THE BRUKER CORPORATION
10.4.1. COMPANY OVERVIEW
10.4.2. SWOT ANALYSIS
10.4.2.1. STRENGTHS:-
10.4.2.2. WEAKNESS:-
10.4.2.3. OPPORTUNITY:-
10.4.2.4. THREATS:-
10.4.3. REVENUE ANALYSIS
10.4.4. PRODUCT PORTFOLIO
10.4.5. RECENT DEVELOPMENTS
10.4.6. DATA BRIDGE ANALYSIS
10.5. FOSS
10.5.1. COMPANY OVERVIEW
10.5.2. REVENUE ANALYSIS
10.5.3. PRODUCT PORTFOLIO
10.5.4. RECENT DEVELOPMENTS
10.6. JASCO, INC.
10.6.1. COMPANY OVERVIEW
10.6.2. REVENUE ANALYSIS
10.6.3. PRODUCT PORTFOLIO
10.6.4. RECENT DEVELOPMENTS
10.7. CARL ZEISS AG
10.7.1. COMPANY OVERVIEW
10.7.2. SWOT ANALYSIS
10.7.2.1. STRENGTHS:-
10.7.2.2. WEAKNESS:-
10.7.2.3. OPPORTUNITY:-
10.7.2.4. THREATS:-
10.7.3. REVENUE ANALYSIS
10.7.4. PRODUCT PORTFOLIO
10.7.5. RECENT DEVELOPMENTS
10.8. SHIMADZU CORPORATION
10.8.1. COMPANY OVERVIEW
10.8.2. REVENUE ANALYSIS
10.8.3. PRODUCT PORTFOLIO
10.8.4. RECENT DEVELOPMENTS
10.9. EMD MILLIPORE
10.9.1. COMPANY OVERVIEW
10.9.2. SWOT ANALYSIS
10.9.2.1. STRENGTHS:-
10.9.2.2. WEAKNESS:-
10.9.2.3. OPPORTUNITY:-
10.9.3. REVENUE ANALYSIS
10.9.4. PRODUCT PORTFOLIO
10.10. THERMO FISHER SCIENTIFIC, INC.
10.10.1. COMPANY OVERVIEW
10.10.2. SWOT ANALYSIS
10.10.2.1. STRENGTHS:-
10.10.2.2. WEAKNESS:-
10.10.2.3. OPPORTUNITY:-
10.10.2.4. THREATS:-
10.10.3. REVENUE ANALYSIS
10.10.4. PRODUCT PORTFOLIO
10.10.5. RECENT DEVELOPMENTS
10.10.6. DATA BRIDGE ANALYSIS
11. OTHER REPORTS

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