February 1st 2020
The total market for NIR was measured at about $470 million in 2019 and is expected to reach over $570 million by 2024.
December 1st 2019
Spectroscopy Market Profile: Photodiode Array UV-Vis Spectrophotometers
June 1st 2017The use of photodiode-array (PDA) ultraviolet–visible (UV–vis) spectrophotometers is mainly adopted in industrial applications such as pharmaceutical and chemical production, coatings, or food and agriculture processing.
Market Profile: Environmental and Food Applications Forging Growth for ICP and ICP-MS
April 1st 2017Although weakness in the metals and mining industry has challenged the market for spectroscopy instruments in 2016, the demand for environmental and food testing have been robust, forging growth for key technologies such as ICP and ICP-MS.
Market Profile: Photodiode-Array UV–vis Spectroscopy
March 1st 2013Photodiode-array (PDA) UV–vis spectrophotometers offer an alternative to conventional scanning UV–vis instruments and potentially great benefits to a certain subset of end-users. Although it is not a high growth market, it should remain a sizeable market for many years to come.
Market Profile: Triple Quadrupole LC-MS in Clinical Analysis
September 1st 2012Triple-quadrupole liquid chromatography–mass spectrometry (LC–MS) is one of the most powerful quantitative analytical techniques available for clinical analyses, with recent improvements making it even more appealing to the clinical market. Waters has an extremely strong foothold in the market, but its competitors appear to be stepping up their efforts in the sector. Demand from the clinical industry is rapidly approaching 10% of the overall market for triple-quadrupole LC–MS.
Market Profile: FT-IR and FT-NIR in the Petrochemical Industry
June 1st 2012The use of Fourier transform infrared (FT-IR) and Fourier transform near infrared (FT-NIR) spectrometers now accounts for the majority of demand for mid- and near-infrared instruments, with demand from the petrochemical industry beginning to follow the trend. The major instrument vendors as well as specialist suppliers compete strongly in the petrochemical segment of the market, which accounts for only a small percentage of the overall FT-IR and FT-NIR markets.
Market Profile: Portable Raman Spectroscopy
May 1st 2012Raman spectroscopy is a powerful analytical technique that has rapidly developed from an impractical concept into a powerful handheld technique. The inherent advantages of Raman spectroscopy have led to rapid growth in demand from pharmaceutical and government organizations. As is typical in a fast-growing market, the competitive landscape is very dynamic.