Polaris Market Research recently published [115+ Pages] research report on “Nuclear Magnetic Resonance Spectroscopy Market Share, Size, Trends, Industry Analysis Report, By Type (Low field, High-field); By Product (Instruments, Consumables); By End-Use; By Region; Segment Forecast, 2022 – 2030” in its research database.
According to the research report, the global nuclear magnetic resonance spectroscopy market size was valued at 657.54 million in 2021 and is expected to reach over USD 1,034.14 Million by 2030, growing at a 5.2% CAGR during the forecast period.
What is Nuclear Magnetic Resonance Spectroscopy? How Big is Nuclear Magnetic Resonance Spectroscopy Market Size?
- Overview
Nuclear magnetic resonance spectroscopy is a novel characterization procedure. It is utilized to illuminate the mixture of carbon atoms and crystals, also non-crystals. Also, this spectroscopy is used to regulate the molecular structure at the atomic level of a sample. Nuclear magnetic resonance spectroscopy can also be implemented in clinical diagnostic imaging.
Moreover, nuclear magnetic resonance spectrometers are implemented in research activities to evaluate the purity, content, and molecular composition of samples and for quality control of the samples. The capacity of nuclear magnetic resonance spectroscopy to decide the content and examine purity in the sample is expected to propel the industry. Also, technical advancements in the healthcare sector are another factor responsible for uplifting the nuclear magnetic resonance spectroscopy market demand.
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Key Highlights of the Report
- The entire analysis includes an assessment of the evaluating market.
- Estimation of growth opportunities in key segments and regions.
- Major changes in industry dynamics.
- Current, historical, and projected size of the market by both value and volume.
- Reliable industry value chain and supply chain analysis.
- Recommendations to companies for strengthening their presence in the industry.
- Detailed company profiling of top players in the industry.
Some of the Top Market Players Are:
- Advanced Magnetic Resonance Limited
- Anasazi Instruments Inc.
- Applied Rigaku Technologies Inc.
- Bourevestnik
- Bruker
- Dandong Dongfang Measurement & Control Technology Co Ltd
- Fast ComTec GmbH
- Fischer Technology Inc.
- Hefei Jingpu Sensor Technology Co Ltd
- Hitachi Ltd
- Horiba ltd
- JEOL Ltd
- Magritek
- Malvern Panalytical Ltd
- Nanalysis Corp
- Olympus Corporation
- Oxford Instruments
- Spectro Analytical Instruments GmbH
- Suzhou Lanscientific co ltd
- Thermo Fisher Scientific Inc
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Growth Driving Factors
The nuclear magnetic resonance spectroscopy market share is uplifting due to increasing infectious diseases that include Parkinson’s disease, tuberculosis, malaria, and cardiovascular illnesses among the geriatric population. Also, rising government initiatives towards this industry are anticipated to accelerate the market during the forecast period. Technology advancement in medical imaging, including CT scans, MRI, X-rays, and ultrasound, is predicted to drive the industry.
Furthermore, this spectroscopy has a comprehensive application in determining DNA and protein structure, solution structure, hydrogen bonding, drug screening, and metabolite analysis which is fuelling the global market growth. Growing penetration in biochemical and chemical labs to analyze the attributes of organic molecules is anticipated to uplift the nuclear magnetic resonance spectroscopy market size at a significant rate.
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Recent Developments
- In April 2022, Horiba collaborated with Digital surf to launch a new software range that will allow users to highlight the significant features of samples with the help of electron, probe, and optical microscopy.
- In February 2022, Bruker launched a new product that could investigate a large protein sample that will be operated with high-field NMR. The new 8mm trosy cryoprobe allows for obtaining accurate responses.
Segmental Analysis
- High-field segment is considered as the highest revenue share
On the basis of type, the high-field segment dominated the market in 2021 due to its better vulnerability and objectives. Also, the dominating factor included in this report is growing demand because of its acceptance in many sectors, such as imaging, biology, and chemical analysis, due to its superior magnetic field.
- The instrument segment is anticipated to boost the industry
On the basis of product, the nuclear magnetic resonance spectroscopy market segmentations are classified into instruments and consumables. The instruments segment is predicted to grow at a considerable rate due to its comprehensive use in research and medical clinics. In addition, the increasing innovation and development to make instruments that are compact, efficient, portable, and provide exact results are propelling the industry.
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Nuclear Magnetic Resonance Spectroscopy Market: Report Scope
| Report Attribute | Details |
| Market Outlook for 2030 | USD 1,034.14 Million |
| Market Size 2022 Value | USD 690.68 Million |
| Expected CAGR Growth | 5.2% from 2022 – 2030 |
| Base Year | 2021 |
| Forecast Year | 2022 – 2030 |
| Top Market Players | Advanced Magnetic Resonance Limited, Anasazi Instruments, Inc., Applied Rigaku Technologies, Inc., Bourevestnik, Bruker, Dandong Dongfang Measurement & Control Technology Co, Ltd, Fast ComTec GmbH, Fischer Technology Inc., Hefei Jingpu Sensor Technology Co, Ltd, Hitachi, Ltd, Horiba ltd, JEOL Ltd, Magritek, Malvern Panalytical Ltd, Nanalysis Corp, Olympus Corporation, Oxford Instruments, Spectro Analytical Instruments GmbH, Suzhou Lanscientific co ltd, Thermo Fisher Scientific Inc. |
| Segments Covered | By Type, By Product, By End-Use, By Region |
| Customization Options | Customized purchase options are available to meet your research needs. Explore customized purchase options |
Geographic Overview
- Asia Pacific is predicted to propel the market over the assessment period
On a geographical basis, the nuclear magnetic resonance spectroscopy market in the Asia Pacific region is expected to grow at a significant rate over the foreseen period. The factors responsible for the region’s highest market share are the increasing biomedical research and raw material availability in the pharmaceutical and biotechnological market in countries like India, China, and Japan. Also, this market has huge demand in the food sector, and increasing concern regarding food preservation is anticipated to uplift the industry over foreseen period.
Browse the Detail Report “Nuclear Magnetic Resonance Spectroscopy Market Share, Size, Trends, Industry Analysis Report, By Type (Low field, High-field); By Product (Instruments, Consumables); By End-Use; By Region; Segment Forecast, 2022 – 2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/nuclear-magnetic-resonance-spectroscopy-market
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Key Questions Answered in The Report Include:
- What is the current market size in various regions with promising growth opportunities?
- What will the market size and growth rate be in the forecast period?
- What are the key factors driving the industry?
- What are the business growth strategies adopted by developed and developing regions?
- What are the key outcomes of the five forces analysis?
- Who are the leading players active in the market?
- What’s the competition in this industry, both company, and country-wise?
Polaris Market Research has segmented the Nuclear Magnetic Resonance Spectroscopy market report based on, type, product, end-use, and region:
By Type Outlook
- Low-field NMR Spectroscopy
- High-field NMR Spectroscopy
By Product Outlook
- Instruments
- Consumables
By End-Use Outlook
- Academic Research
- Pharmaceutical & Biotech Companies
- Agriculture & Food
- Chemical Industry
By Region outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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