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Molecular Spectroscopy Market (by Application & Technology) Worth $5.9 Billion by 2018 - New Report by MarketsandMarkets
  • USA - English


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MarketsandMarkets

Jun 03, 2014, 12:50 ET

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MarketsandMarkets
MarketsandMarkets

(PRWEB) June 03, 2014 -- The "Molecular Spectroscopy Market by Technology [NMR (FT, Continuous Wave), UV-Visible (Photodiode Array, Handheld), IR (Terahertz, Benchtop), NIR (FT-NIR) Raman (SERS, TERS, FT Raman)] & by Application (Pharmaceutical, Food) - Forecast to 2018” analyzes and studies the major market drivers, threats, opportunities, and challenges.

Browse 90 market data tables, 17 figures spread through 295 pages and in-depth TOC - http://www.marketsandmarkets.com/Market-Reports/molecular-spectroscopy-market-50034395.html.

Early buyers will receive 10% customization on this report.

Leading Players are Bruker Corporation (U.S.), Danaher Corporation (U.S.), FOSS (Denmark), JASCO International Co., Ltd. (Japan), PerkinElmer, Inc. (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), and JEOL, Ltd. (Japan)

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This report studies the global molecular spectroscopy market over the forecast period of 2013 to 2018. This market was valued at $4.3 billion in 2013 and is poised to grow at a CAGR of 6.7% from 2013 to 2018, to reach $5.9 Billion by 2018.

Inquire before buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=50034395.

The global molecular spectroscopy market is witnessing a significant growth and will continue to do so in the next five years. The factors contributing to this growth are the improvements in the funding scenario globally, increase in the number of government sponsored research activities, and developments in drug discovery research. In the forecast period, the Asian region is projected to grow at the highest CAGR, with the growth in this region centered at China, India, and Japan. Furthermore, countries such as Brazil, Mexico, and UAE also have a high projected growth.

Request for customization of report @ http://www.marketsandmarkets.com/requestCustomization.asp?id=50034395.

In the coming years, the demand for molecular spectroscopy is likely to increase owing to a number of factors such as the stringent quality requirements for drugs and excipients, growing concerns for food safety, extensive usage of molecular spectroscopy technologies by the pharmaceutical industry for the development and quality control of drugs, technological advancements, and increasing life sciences R&D spending. These factors are propelling the growth of this market. However, the high cost of the systems and the need for skilled personnel to operate high-end systems are the major factors hindering the growth of this market.

The U.S. and European markets are witnessing increasing funding for researches that use molecular spectroscopy. The governments of various countries in these regions have increased their focus on using molecular spectroscopy technologies in research processes. In the U.S., the National Institutes of Health funded the University of Georgia with a $1.2 million in grant for biomedical research. In Europe, Germany has increased its funding for research and in the U.K., molecular spectroscopy is used extensively in food testing processes. The markets in Brazil, Mexico, and UAE are expected to witness growth as well. This growth can be attributed to the use of molecular spectroscopy in the pharmaceutical industry of the respective countries.

The major players in this market include ABB Bomem, Inc. (U.S.), Agilent Technologies (U.S.), Bruker Corporation (U.S.), Danaher Corporation (U.S.), FOSS (Denmark), JASCO International Co., Ltd. (Japan), PerkinElmer, Inc. (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), and JEOL, Ltd. (Japan).

Browse Related Reports:
Atomic Spectroscopy Market by Technology (X-Ray Fluorescence/Atomic Absorption/X-Ray Diffraction/ICP-MS ) & by Application (Food & Beverage/Pharmaceutical/Industrial Chemistry/Biotechnology/Environment) - Competitive Landscape - Global Forecasts & Trends to 2018
http://www.marketsandmarkets.com/Market-Reports/atomic-spectroscopy-market-174401666.html

Mass Spectrometry Market - by Technology (Tandem LC - MS/Quadrupole/ICP - MS/ Gas Chromatography - MS/TOF - MS/MALDI -TOF/Fourier Transform - MS) & by Application (Pharmaceutical/ Biotechnology/ Environment/ Food & Beverages) - Global Trends & Forecast to 2018
http://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com

Visit MarketsandMarkets Blog @ http://mnmblog.org/market-research/healthcare/biotechnology.

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets.

Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

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