Molecular Spectroscopy Market worth 6.85 Billion USD by 2022

1. MarketsandMarkets Presents Molecular Spectroscopy Market worth 6.85 Billion USD by 2022 http://www.marketsandmarkets.com/Market-Reports/molecular-spectroscopy-market-50034395.html

2. The report "Molecular Spectroscopy Market by Technology (NMR (FT, Continuous Wave), UV-Visible (Array-based, Dual-beam), IR (Terahertz, Benchtop), NIR (FT-NIR), Raman (SERS, TERS, FT Raman)), Application (Pharmaceutical, Food, Biotechnology) - Global Forecast to 2022“. Browse: 161market data tables,34 figures , 217pages And in-depth TOC on “Patient Derived Xenograft/PDX Models Market” Get The PDF Brochure For This Report: http://www.marketsandmarkets.com/pdfdownload.asp?id=50034395 The molecular spectroscopy market is expected to reach USD 6.85 Billion by 2022 from an estimated USD 4.98 Billion in 2017, at a CAGR of 6.6%. http://www.marketsandmarkets.com/Market-Reports/molecular-spectroscopy-market-50034395.html

3. The key factors driving the growth of this market include the growth of the pharmaceutical and biotechnology industry and technological advancements in molecular spectroscopy are driving the growth of the global molecular spectroscopy market during the forecast period. The growing use of molecular spectroscopy in emerging markets and the rising potential for the application of terahertz spectroscopy in healthcare are the key areas of opportunity in this market. • Drivers:Applications of Molecular Spectroscopy in Environmental Screening • Growing Use of Molecular Spectroscopy in Pharmaceutical & Biotechnology Industries • Technological Advancements in Molecular Spectroscopy Systems • Request a sample of the report: • http://www.marketsandmarkets.com/requestsample.asp?id=50034395 http://www.marketsandmarkets.com/Market-Reports/molecular-spectroscopy-market-50034395.html

4. Industry Insights: On the basis of technology, the molecular spectroscopy market is broadly segmented into nuclear magnetic resonance (NMR) spectroscopy, UV-Visible spectroscopy, infrared (IR) spectroscopy, near-infrared spectroscopy, color measurement spectroscopy, raman spectroscopy, and other technologies (fluorescence spectroscopy and hybrid spectroscopy). In 2017, the NMR spectroscopy segment is expected to account for the largest share of this market. The extensive applications of NMR spectroscopy coupled with the technological advancements in molecular spectroscopy are driving the growth of this segment. Based on application, the molecular spectroscopy market is further segmented into pharmaceutical application, biotechnology and biopharmaceutical applications, environmental testing, food and beverage testing, academic research, and other applications. http://www.marketsandmarkets.com/Market-Reports/molecular-spectroscopy-market-50034395.html

5. North America accounted for the largest share of the molecular spectroscopy market in 2016, followed by Europe. High usage of molecular spectroscopy in the pharmaceutical sector, growing funding for environmental testing in the US, growing food safety concerns in the US, and government initiatives to improve lab infrastructure and propel fundamental scientific research in Canada will drive market growth during the forecast period. • Target Audience: • Molecular spectroscopy manufacturers • Molecular spectroscopy distributors • Food and beverage testing industries • Vendors/service providers • Research institutes • Pharmaceutical and biotechnology companies • Research and consulting firms • Factors such as rising importance of food safety, growing biotechnology and pharmaceutical industry in UK, Germany and Italy, funding in the life science sector, Russia’s booming pharmaceutical industry and rising research investment in European countries; are significant growth opportunities for the players competing in the global molecular spectroscopy market during the forecast period.

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