Dallas, Texas (PRWEB) June 25, 2014
North America accounted for the largest share of the global Atomic Spectroscopy Market, followed by Europe and Asia. However, the Asian market is expected to witness the highest growth in the forecast period. The growth in the Asian market will be centered at the high-growth Indian and Chinese markets. Leading players in the Atomic Spectroscopy Market have undertaken major developments in these countries and are planning to further increase their presence in these countries. The market was valued at $4.02 Billion in 2013 and is expected to reach $5.5 Billion by 2018, growing at a CAGR of 6.4% from 2013 to 2018.
Various regulatory authorities across industries have enforced stringent safety regulations in order to ensure that the products launched in the market adhere to quality specifications. The use of atomic spectroscopy technologies facilitates the compliance with these regulations by enabling the measurement and monitoring of the level of metals in samples. This acts as a major driver for atomic spectroscopy technologies. Furthermore, pharmaceutical industries are increasingly relying on atomic spectroscopy technologies for drug safety. This is a major factor for the growth of the atomic spectroscopy market.
The major players in the market include
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The X-ray fluorescence technology has become a mature analytical tool for routine quality controls in various industries and research laboratories, owing to its ease of automation, speed and economy, and the possibility to directly analyze solid samples. The X-ray fluorescence market was valued at $884.4 million in 2013 and is expected to grow at an estimated CAGR of 5.9%. On the other hand, the revisions to the Chapter 231 of the U.S. Pharmacopeia which makes it mandatory for pharmaceutical companies to use ICP-MS will provide the atomic spectroscopy market with significant growth opportunities in the next few years.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios and services offered by the top 10 players in the atomic spectroscopy market. The report analyzes atomic spectroscopy systems by technology
Product Development/Innovation: Detailed insights on the upcoming technologies, research and development activities, and new product launches in the atomic spectroscopy market
Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the markets for various atomic spectroscopy technologies across geographies
Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the atomic spectroscopy market
Competitive Assessment: In-depth assessment of market shares, strategies, products and services, distribution networks, and manufacturing capabilities of leading players in the atomic spectroscopy market.
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Table Of Contents
2 Executive Summary
3 Market Overview
4 Atomic Spectroscopy Market, By Technology
5 Atomic Spectroscopy Market, By Application
6 Geographic Analysis
7 Competitive Landscape
8 Company Profiles (Overview, Financials, Products & Services, Strategy, & Developments)*
List of Tables
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