Transparency Market Research

X-Ray Fluorescence Spectrometers Market to Reflect Impressive Growth Rate During 2025


Albany, NY -- (SBWIRE) -- 09/14/2018 -- The human cells contain a variety of trace elements and minerals that perform a number of catalytic or structural functions in the body metabolism. Moreover, health care consumable supplies such as pharmaceutical, dental and surgical materials and medical devices may contain trace amounts of different inorganic or metallic elements. In addition to these, several biological samples, epithelial linings, respiratory mucosal linings, and the digestive tract may come in contact with foreign objects and can get exposed to rare elements which can be harmful. These rare foreign elements can cause numerous undesirable reactions such as allergies or lesions and hence, accurate chemical analysis and diagnosis is required. X-ray fluorescence spectrometry is an easy, non-destructive, chemical analysis technique with a wide range of applications in industries including geology, environment, mining & cement production, glass & ceramics, food, forensic science, and health care. X-ray fluorescence spectrometry uses non-destructive X-rays emitted under high-energy X-ray irradiation to analyze trace amounts of pathological elements, without destructing or damaging the sample composition under test. However, X-ray fluorescence spectrometry is not very widely employed in analyzing biological samples, as the technique requires vacuum conditions that can potentially dehydrate or damage biological samples. It can be used extensively in the analysis and quality control of pharmaceutical and health care materials.

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The global X-ray fluorescence spectrometers market is expected to expand at a significant rate during the forecast period, owing to wide usage of these spectrometers in various sectors. Technological advancements to make X-ray fluorescence spectrometers more applicable for health care are anticipated to drive the market in the near future. For instance, the innovative X-ray guide tube technology of Horiba's XGT-5000 analyzer allows safe, high-resolution analysis of all elements of a biological sample at the atmospheric pressure. Moreover, rising use of X-ray fluorescence spectrometers in tablet formulation processes to examine contaminants externally as well as internally is expected to augment the demand for X-ray fluorescence spectrometers across the world in the near future. Rapid increase in the global disease burden and rise in the demand for better quality control options are augmenting the demand for X-ray fluorescence spectrometers. Other factors driving the global X-ray fluorescence spectrometers market are compact size and ease of use of these spectrometers and continuous monitoring offered by them.

The global X-ray fluorescence spectrometers market can be segmented based on technology, application, and region. In terms of technology, the market can be divided into energy-dispersive spectrometry and wavelength-dispersive spectrometry. Based on application, the market can be categorized into pharmaceutical industry, food industry, and environmental monitoring. In terms of region, the global X-ray fluorescence spectrometers market can be segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is anticipated to account for a dominant share of the global market between 2017 and 2025, due to high adoption of X-ray fluorescence spectrometers, presence of superior health care infrastructure, and favorable reimbursement scenario in the region. The market in Europe is anticipated to witness rapid growth during the forecast period, due to high consciousness about technological advancements, increasing affordability of health care services, and rising expenditure on these services. Developing countries in Asia Pacific are anticipated to witness rapid growth during the forecast period. Increasing awareness about innovative quality control techniques, rising number of health care research and development programs, economic growth, and growing interest of foreign investors are factors fueling the market in Asia Pacific. Countries such as China, Japan, and India are poised to be highly promising markets for X-ray fluorescence spectrometers in the near future.

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Key players operating in the global X-ray fluorescence spectrometers market are Bruker, Thermo Fisher Scientific, Helmut Fischer GmbH, Horiba, Ltd., SPECTRO Analytical Instruments GmbH, Rigaku Corporation, Analytical X-Ray Systems Co. Ltd., and FAST ComTec.

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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