Atomic Spectroscopy Market Segments and Key Trends 2015-2025

Atomic
Spectroscopy
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015– 2025
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Report
Description
Report Description
Study of electromagnetic radiations that is emitted or absorbed by atoms is known as atomic
spectroscopy.When electrons are excited, they move from higher valence bond to lower valence
bond and emit radiations (emission). However, a relaxed electron moves from lower valence
bond to higher valence bond resulting in absorption of energy.
Atomic spectroscopy market can be segmented as below based on technologies:
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X-ray Fluorescence Spectroscopy
X-ray Diffraction Spectroscopy
Inductively Coupled Plasma Mass Spectroscopy (ICP-MS)
Inductively Coupled Plasma (ICP) Spectroscopy
Atomic Absorption Spectroscopy
Elemental Analyzers
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Among all aforementioned technologies, X-ray fluorescence spectroscopy market accounts for
the largest share to the atomic spectroscopy market. This is due to the fact that they are
efficient in analyzing solid samples precisely.
Report
Description
Report Description
Also, procedures performed via X-ray fluorescence are user-friendly in nature along with being
cost efficient.Inductively coupled plasma mass spectroscopy (ICP-MS) market is expected to
show the highest growth rate during the forecast period 2015 to 2025. This growth is attributed
to revision in various regulations (chapter 231) of the U.S. Pharmacopeial Convention. The
revised regulation mandates the utilization of inductively coupled plasma mass spectroscopy by
pharmaceutical companies, which will propel the overall growth of inductively coupled plasma
mass spectroscopy market.
Atomic spectroscopy is utilized in various institutes (applications):
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Food and Beverage Testing
Pharmaceutical
Industrial Chemistry
Environmental Testing
Biotechnology
Among all these, application of atomic spectroscopy in pharmaceutical market accounts for the
largest share of total market. This large market size is due to increased utilization of atomic
spectroscopy in the various pharmaceutical activities such as drugs manufacturing.
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Description
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Their efficiency helps develop and manufacture drugs precisely, that increases the uptake of
atomic spectroscopy while manufacturing drugs by pharmaceutical companies. Hence, atomic
spectroscopy market is expected to grow at the highest CAGR during the forecast period 2015 to
2025.
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Stringent safety regulations regarding the drug safety, and food and beverage testing by
regulatory authorities across the globe will drive the growth of atomic spectroscopy market at a
high CAGR during the forecast period. Safety regulations will propel the demand for the
utilization of atomic spectroscopy in industrial chemistry sector along with environmental
testing since; it will help monitor the volume of metal in any sample. Likewise, increasing
application of atomic spectroscopy in medical research and drug safety will also boost the
growth of atomic spectroscopy market.However, lack of trained professionals for handling
atomic spectroscopy devices and technology may restrain the growth of atomic spectroscopy
market. Domicile of large pharmaceutical and industrial chemistry companies in North America
have supported the region to contribute the largest share of total atomic spectroscopy market.
Also, stringent government regulations regarding safety of drugs, food and beverages has also
supported the large market size in the region. Asia-Pacific is expected to foresee the highest
CAGR during the forecast period 2015 to 2025.
Report
Description
Report Description
This is due to the fact that major players such as Agilent Technologies are intending to expand
their business in the emerging nations like India and China, which will drive the growth of
atomic spectroscopy market. The major players operating in the atomic spectroscopy market
include Agilent Technologies, Aurora Biomed, Bruker Corporation, Hitachi High-Technologies
Corporation, Shimadzu Corporation, GBC Scientific Equipment Pty Ltd., Thermo Fisher Scientific,
PerkinElmer, Inc., Analytik Jena AG and Rigaku Corporation among other significant players.
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