Currently, the infrared spectroscopy is one of the most widely used spectroscopy techniques in the food industry. Moreover, owing to its understanding of the molecular landscape and chemical pathologies of various clinical diseases, the infrared spectroscopy is a powerful investigative tool. It may lead to the discovery of new biomarkers and the development of novel therapeutic strategies in the future. Owing to increasing usage for various applications, the market is projected to show lucrative growth over the forecasted period.
Request For a Sample Copy of This Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-infrared-spectroscopy-market
Global Infrared Spectroscopy Market was valued at USD 1.0 billion in 2021 and is expected to reach USD 1.49 billion by 2029, registering a CAGR of 4.6% during the forecast period of 2022-2029. The “Pharma and biotech” accounts for the largest application segment in the infrared spectroscopy market within the forecasted period owing to the high demand for imaging and illumination components of endoscopes applications. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Increased Usage of Infrared Spectroscopy Will Drive Growth
The increase in the demand for infrared spectroscopy techniques in various industries including biological, food and beverages, pharmaceuticals, medicinal, chemistry, chemicals, and semiconductors, is the most significant factor driving the growth for this market. Rise in the use of infrared spectroscopy in the biological sector to detect various diseases and its usage in for food fingerprinting techniques are also expected to accelerate the overall growth of the market.
Furthermore, factors such as the expanding healthcare sector and increasing healthcare expenditure are also expected to fuel market growth. Moreover, the rise in the demand from emerging nations, rise in the adoption of NIR spectroscopy in seed detection also cushions the market’s growth within the forecasted period.
North America dominates the infrared spectroscopy market because of the rapid development and uptake of technology, presence of high-tech technology and developed infrastructure and large research industry within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rapid growth of the pharmaceuticals and food and beverage industries and the developing healthcare infrastructure within the region.
Some of the major players operating in the infrared spectroscopy market are Thermo Fisher Scientific, (U.S), Agilent Technologies, Inc., (U.S), PerkinElmer, Inc., (U.S), Medtronic (Ireland), Horiba, (Japan), Teledyne FLIR LLC, (U.S), Shimadzu Corporation, (Japan), Miltenyi Biotec, (U.S), Metrohm India Limited, (Switzerland), Bruker, (U.S), Hitachi High-Tech Corporation, (Japan), JASCO, (Japan), Newport Corporation, (U.S), Bruker (US), Abbott (US), Oxford Instruments, (U.K), Quest Medical Imaging B.V. (Netherlands), Sartorius AG, (Germany) and Teledyne Princeton Instruments (U.S), among others.
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:-
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475