The portable analytical instruments market is projected to reach USD 9.55 Billion by 2020 from USD 8.10 Billion in 2015, at a CAGR of 3.3%. Portable analytical instruments are lightweight handheld instruments with simple infrastructure and deliver instant results, in any location and under any weather condition.
The major drivers for the market include the growing food and environmental concerns; benefits of portable analytical instruments such as low cost and easy to operate; and increasing healthcare expenditure.
In this report, the global portable analytical instruments market is segmented based on product, technology, end user, and region. By product, the market includes TOC analyzers, dissolved carbon dioxide & oxygen meters, titrators, refractometers, pH meters, spectrometers, gas analyzers, conductivity & resistivity meters, colorimeters, thermal analyzers, and others (thermometers and balances).
Based on technology, the market is segmented into spectroscopic analysis, elemental analysis, and others (thermal analysis and electrochemical analysis). Spectroscopic analysis is further segmented into X-ray fluorescence (XRF), near-infrared spectroscopy (NIR), Raman spectroscopy, Fourier transform infrared spectroscopy (FTIR), Laser-induced breakdown spectroscopy (LIBS), and others (ion mobility spectroscopy and spectral imaging).
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Key Players:
Report includes company profiles of major market players in the global portable analytical instruments market such as Thermo Fisher Scientific, Inc. (U.S.), B&W Tek (U.S.), Danaher Corporation (U.S.), Bruker Corporation (U.S.), and Shimadzu Corporation (Japan). Other key players in this market are Agilent Technologies (U.S.), Teledyne Technologies, Inc. (U.S.), Spectris plc (U.K.), Jasco Inc. (U.S.), and HORIBA Ltd. (Japan).
The end users for this market are food and beverage industry, pharmaceutical and biotechnology companies, environmental testing industry, and academic and government institutions.
Based on region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The North American market is further segmented into the U.S. and Canada.
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