The growth of the overall market can be contributed to rising investments, funds, and grants by government bodies worldwide and technological advancements. In addition, growing food safety concerns and stringent regulations have contributed to market growth. In the coming years, the atomic spectroscopy market is expected to witness the highest growth rate in the Asia-Pacific region, with emphasis on India, China, and Japan. The high growth in India and China can be attributed to rising food safety concerns, emerging biotech industry and conferences that act as a platform for companies to showcase their products and establish business relations. North America is expected to account for the largest share of the global atomic spectroscopy market. However, the dearth of trained professionals and high cost of equipment are likely to restrain the growth of the market during the forecast period.
The report segments the market based on technology and applications. The atomic absorption spectroscopy segment is expected to account for the largest share of the market in 2015. However, ICP-MS is expected to grow at highest CAGR due to higher throughput as compared to GFAAS, high linear dynamic range, superior detection capability than ICP-OES, and the ability to obtain isotopic information.
Some of the major players in the global atomic spectroscopy market include Agilent Technologies (U.S.), PerkinElmer (U.S.), Thermo Fisher Scientific (U.S.), and Bruker Corporation (U.S.).
Scope of the Report:
This research report categorizes the atomic spectroscopy market into the following segments:
Atomic spectroscopy Market, by Technology
- Atomic Absorption Spectroscopy
- X-ray Diffraction Spectroscopy
- X-ray Fluorescence Spectroscopy
- Inductively Coupled Plasma- Optical Emission Spectroscopy
- Inductively Coupled Plasma- Mass Spectrometry
- Others (Microwave-induced plasma optical emission spectroscopy, glow discharge optical emission spectroscopy, laser spectroscopy, and X-ray photoelectron spectroscopy )
Atomic spectroscopy Market, by Application
- Pharmaceuticals & Biotechnology
- Geochemical/Mining
- Industrial Chemistry
- Environmental Testing
- Food & Beverage Testing
- Petrochemical
- Others (Academia, forensic laboratories, biomonitoring, agriculture, and nuclear energy)
Atomic spectroscopy Market, by Region
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Spain
- Italy
- France
- Rest of Europe (RoE)
- Asia-Pacific
- Japan
- China
- India
- Rest of APAC
- Rest of the World (RoW)
Stakeholders of the Atomic Spectroscopy Market
- Manufacturers
- Suppliers/Distributors
- Pharmaceutical Companies
- Biotechnology Companies
- Academic Centers
- Research Institutes
- Venture Capitalists
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization option is available for the report:
Portfolio Assessment
Product Matrix, which gives a detailed comparison of the product portfolios of the top three companies in the market.
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