Increasing need for medical treatment due to rise in prevalence of various chronic diseases is propelling near infrared spectroscopy market revenue growth
The global Near Infrared (NIR) spectroscopy market size is expected to reach USD 437.3 Million at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 .The market intelligence report takes a closer view of the global market share, estimated growth preparedness. rate, future market trends, entry-level barriers, fundamental market drivers, restraints, challenges, and opportunities.
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Key players in the market include Agilent Technologies, PerkinElmer, Thermo Fisher Scientific Inc., Bruker Corp., Hitachi Ltd., Shimadzu Corporation, Carl Zeiss AG, JASCO International Co., Ltd., Horiba Ltd., and Lumex Instruments.
In March 2020, trinamiX GmbH, which is a subsidiary of BASF SE, launched mobile Near Infrared (NIR) spectroscopy solution. The company makes spectroscopy affordable and accessible beyond laboratory and factory applications. trinamiX is providing all the features, such as precise data and material analytics, mobile and robust hardware, and excellent chemical and molecular expertise in a single handheld device.
Portable near infrared spectroscopy is powerful instrument which provides advantages for online, non-destructive or in situ analysis. These devices are cost-effective, small-sized, simpler, and robust with ergonomic design. The portable segment revenue is expected to register a rapid growth rate during the forecast period.
A novel research report on global Near Infrared Spectroscopy has been recently published by Emergen Research to offer a comprehensive overview of the industry with latest and emerging market trends between 2021 and 2028. The report offers a detailed overview of the market with precise information about product type, application, market size, revenue share, key drivers, restraints, opportunities, and challenges. The report also assesses market trends that can have favorable impact on the market in the coming years along with detailed examination of various market segments on global and regional levels.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Near Infrared Spectroscopy market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Near Infrared Spectroscopy market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
Emergen Research has segmented the global near infrared spectroscopy market on the basis of modality, technology, application, and region:
Modality Outlook (Revenue, USD Million; 2018–2028)
Benchtop
Portable
Technology Outlook (Revenue, USD Million; 2018–2028)
Dispersive Infrared Spectroscopy
Fourier Transform Infrared (FT-IR) Spectroscopy
Application Outlook (Revenue, USD Million; 2018–2028)
Medical uses
Astronomical Spectroscopy
Remote Monitoring
Agriculture
Particle Measurement
Material Science
Industrial uses
Others
The report objectives are:
To evaluate Near Infrared Spectroscopy status, future forecast, growth opportunity, key market, and key players.
To present the Global Near Infrared Spectroscopy development in the different regions of the world.
To strategically study and segment the key players and comprehensively analyze their development plan and strategies.
To define, describe, and forecast the market by product type, market, and key regions.
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Key points discussed in the report for Global Near Infrared Spectroscopy Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Near Infrared Spectroscopy market
Chapter 2: Exclusive Summary –vital information of the Near Infrared Spectroscopy Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Near Infrared Spectroscopy Market
Chapter 4: Near Infrared Spectroscopy Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 8: Appendix, Methodology and Data Source…Continued
Finally, Near Infrared Spectroscopy Market is a valuable source of guidance for individuals and companies.
Regional Overview:
The global Near Infrared Spectroscopy market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Near Infrared Spectroscopy market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key questions addressed in the report:
What are the key factors driving the global Near Infrared Spectroscopy market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Near Infrared Spectroscopy market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Read More: https://www.emergenresearch.com/industry-report/near-infrared-spectroscopy-market
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About Us:At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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