PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586362
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1586362
Carbon-13 Market Size, Share, Trends, Industry Analysis Report: By Purity (98%-99% and >99%), Application, End User, and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) - Market Forecast, 2024 - 2032
The global carbon-13 market size is expected to reach USD 125.72 million by 2032, according to a new study by Polaris Market Research. The report "Carbon-13 Market Size, Share, Trends, Industry Analysis Report: By Purity (98%-99% and >99%); Application; End-user; and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) - Market Forecast, 2024 - 2032." gives a detailed insight into current market dynamics and provides analysis on future market growth.
The primary driver of the carbon-13 market is the expanding use of nuclear magnetic resonance (NMR) spectroscopy, where Carbon-13 is essential for the detailed analysis of molecular structures. NMR spectroscopy relies on the magnetic properties of nuclei, and Carbon-13, with its nuclear spin properties, is particularly useful for providing detailed information about the structure, dynamics, reaction state, and chemical environment of molecules.
In addition to NMR spectroscopy, the healthcare sector is a major growth area for carbon-13. The isotope is increasingly used in non-invasive diagnostic procedures, such as breath tests, which are employed to diagnose various gastrointestinal disorders, including infections by Helicobacter pylori (H. pylori), which is linked to peptic ulcer disease and gastric cancer.
Technological advancements in production processes are expected to reduce costs over time, making carbon-13 more accessible to a broader range of users. Innovations in isotope separation techniques, as well as scaling up production capacities, may help alleviate some of the supply chain constraints and reduce the overall cost of carbon-13, thus expanding its market potential. Additionally, the expanding middle class and increasing healthcare spending are likely to boost the demand for advanced diagnostic tools, including those utilizing Carbon-13.
Carbon-13 Market Report Highlights
The 98%-99% segment dominated the market in 2023 due to the expansion of applications in organic synthesis and materials science, where slightly lower purity levels suffice while still providing satisfactory results.
The magnetic resonance imaging (MRI) segment is estimated to grow at the highest CAGR due to the expansion of healthcare infrastructure and technological advancements in imaging capabilities. Additionally, the rising prevalence of chronic diseases, alongside an aging population, significantly boosts the demand for effective imaging solutions such as MRI.
North America dominated the carbon-13 market in 2023 due to the presence of advanced research institutions and pharmaceutical companies. Furthermore, the increasing emphasis on personalized medicine and advanced diagnostics has bolstered demand for carbon-13 in North America.
The market in Asia Pacific is expected to expand at a high CAGR in the coming years owing to rapid industrialization and a growing emphasis on healthcare advancements. Additionally, significant government initiatives aimed at enhancing healthcare infrastructure are propelling the market.
The global key market players include China Isotope & Radiation Corporation, Merck KGaA, Shanghai Chemical Industry Research Institute Co., Ltd., Cambridge Isotope Laboratories, Inc., Trace Sciences International, ISOFLEX, MedChemExpress, BuyIsotope, Avanti Polar Lipids, and Qmx Laboratories Ltd.
Polaris Market Research has segmented the carbon-13 market report based on purity, application, end user, and region:
By Purity Outlook (Revenue, USD million, 2020 - 2032)
- 98%-99%
- 99%.
By Application Outlook (Revenue, USD million, 2020 - 2032)
- Nuclear Magnetic Resonance (NMR) Spectroscopy
- Magnetic Resonance Imaging (MRI)
- Carbon Dating
- Breath Test
- Other
By End User Outlook (Revenue, USD million, 2020 - 2032)
- Healthcare
- Chemicals
- Academia and Research Institutions
- Environmental Agencies
By Regional Outlook (Revenue, USD million, 2020 - 2032)
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objectives of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
- 1.2 Stakeholders
Chapter 2. Executive Summary
Chapter 3. Research Methodology
- 3.1 Overview
- 3.1.1 Data Mining
- 3.2 Data Sources
- 3.2.1 Primary Sources
- 3.2.2 Secondary Sources
Chapter 4. Carbon-13 Market Insights
- 4.1 Carbon-13 - Industry snapshot
- 4.2 Carbon-13 Market Dynamics
- 4.2.1 Drivers and Opportunities
- 4.2.1.1 The increasing demand for Nuclear Magnetic Resonance (NMR) spectroscopy
- 4.2.1.2 The growing use of Carbon-13 in non-invasive diagnostic procedures
- 4.2.2 Restraints and Challenges
- 4.2.2.1 High Production Costs
- 4.2.1 Drivers and Opportunities
- 4.3 Carbon-13 Market - Porter's Five Forces
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Threats of New Entrants
- 4.3.3 Bargaining Power of Buyers
- 4.3.4 Threat of Substitutes
- 4.3.5 Rivalry among existing firms (High)
- 4.4 Carbon-13 Market - PEST Analysis
- 4.5 Carbon-13 Market - Covid-19 Impact Analysis
- 4.6 Carbon-13 Market - Industry Trends
Chapter 5. Carbon-13 Market Assessment by Purity
- 5.1 Introduction
- 5.2 98%-99%
- 5.3 >99%
Chapter 6. Carbon-13 Market Assessment by Application
- 6.1 Introduction
- 6.2 Nuclear Magnetic Resonance (NMR) Spectroscopy
- 6.3 Magnetic Resonance Imaging (MRI)
- 6.4 Carbon Dating
- 6.5 Breath Test
- 6.6 Other Applications
Chapter 7. Carbon-13 Market Assessment by End User
- 7.1 Introduction
- 7.2 Healthcare
- 7.3 Chemicals
- 7.4 Academia and Research Institutions
- 7.5 Environmental Agencies
Chapter 8. Carbon-13 Market Assessment by Region
- 8.1 Introduction
- 8.2 Carbon-13 Market - North America
- 8.2.1 Carbon-13 Market - US
- 8.2.2 Carbon-13 Market - Canada
- 8.3 Carbon-13 Market - Europe
- 8.3.1 Carbon-13 Market - Germany
- 8.3.2 Carbon-13 Market - UK
- 8.3.3 Carbon-13 Market - France
- 8.3.4 Carbon-13 Market - Italy
- 8.3.5 Carbon-13 Market - Spain
- 8.3.6 Carbon-13 Market - Netherlands
- 8.3.7 Carbon-13 Market - Austria
- 8.4 Carbon-13 Market - Asia Pacific
- 8.4.1 Carbon-13 Market - China
- 8.4.2 Carbon-13 Market - India
- 8.4.3 Carbon-13 Market - Japan
- 8.4.4 Carbon-13 Market - South Korea
- 8.5 Carbon-13 Market - Latin America
- 8.5.1 Carbon-13 Market - Brazil
- 8.5.2 Carbon-13 Market - Mexico
- 8.6 Carbon-13 Market - Middle East & Africa
- 8.6.1 Carbon-13 Market - Saudi Arabia
- 8.6.2 Carbon-13 Market - UAE
Chapter 9. Competitive Landscape
- 9.1 Key Market Players: Categorization
- 9.2 Strategy Framework
- 9.3 Vendor Landscape
Chapter 10. Company Profiles
- 10.1 China Isotope & Radiation Corporation
- 10.1.1 Business Overview
- 10.1.2 Financial Snapshot
- 10.1.2.1 Revenue by Market Segment
- 10.1.3 Products Benchmarking
- 10.2 Cambridge Isotope Laboratories, Inc.
- 10.2.1 Business Overview
- 10.2.2 Products Benchmarking
- 10.3 Shanghai Chemical Industry Research Institute Co., Ltd.
- 10.3.1 Business Overview
- 10.3.2 Products Benchmarking
- 10.4 Trace Sciences International
- 10.4.1 Business Overview
- 10.4.2 Products Benchmarking
- 10.5 ISOFLEX USA
- 10.5.1 Business Overview
- 10.5.2 Products Benchmarking
- 10.6 Merck KGaA
- 10.6.1 Business Overview
- 10.6.2 Financial Snapshot
- 10.6.2.1 Net Sales by Business Segments
- 10.6.2.2 Net Sales by Region
- 10.6.3 Product & Services Benchmarking
- 10.7 MedChemExpress
- 10.7.1 Business Overview
- 10.7.2 Product & Services Benchmarking
- 10.8 BuyIsotope (Neonest AB)
- 10.8.1 Business Overview
- 10.8.2 Product & Services Benchmarking
- 10.9 Avanti Polar Lipids (Croda International Plc)
- 10.9.1 Business Overview
- 10.9.2 Product & Services Benchmarking
- 10.10 Qmx Laboratories Ltd.
- 10.10.1 Business Overview
- 10.10.2 Product & Services Benchmarking
List of Tables
- Table 1 Global Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 1 Global Carbon-13 Market, by 98%-99%, 2020 - 2032, (USD Million)
- Table 2 Global Carbon-13 Market, by >99%, 2020 - 2032, (USD Million)
- Table 3 Global Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 4 Global Carbon-13 Market, by Nuclear Magnetic Resonance (NMR) Spectroscopy, 2020 - 2032, (USD Million)
- Table 5 Global Carbon-13 Market, by Magnetic Resonance Imaging (MRI), 2020 - 2032, (USD Million)
- Table 6 Global Carbon-13 Market, by Carbon Dating, 2020 - 2032, (USD Million)
- Table 7 Global Carbon-13 Market, by Breath Test, 2020 - 2032, (USD Million)
- Table 8 Global Carbon-13 Market, by Other Applications, 2020 - 2032, (USD Million)
- Table 9 Global Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 10 Global Carbon-13 Market, by Healthcare, 2020 - 2032, (USD Million)
- Table 11 Global Carbon-13 Market, by Chemicals, 2020 - 2032, (USD Million)
- Table 12 Global Carbon-13 Market, by Academia and Research Institutions, 2020 - 2032, (USD Million)
- Table 13 Global Carbon-13 Market, by Environmental Agencies, 2020 - 2032, (USD Million)
- Table 14 Carbon-13 Market Assessment, By Geography, 2020 - 2032, (USD Million)
- Table 15 North America Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 16 North America Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 17 North America Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 18 U.S. Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 19 U.S. Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 20 U.S. Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 21 Canada Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 22 Canada Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 23 Canada Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 24 Europe Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 25 Europe Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 26 Europe Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 27 Germany Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 28 Germany Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 29 Germany Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 30 UK Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 31 UK Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 32 UK Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 33 France Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 34 France Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 35 France Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 36 Italy Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 37 Italy Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 38 Italy Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 39 Spain Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 40 Spain Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 41 Spain Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 42 Netherlands Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 43 Netherlands Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 44 Netherlands Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 45 Austria Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 46 Austria Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 47 Austria Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 48 Asia Pacific Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 49 Asia Pacific Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 50 Asia Pacific Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 51 China Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 52 China Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 53 China Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 54 India Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 55 India Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 56 India Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 57 Japan Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 58 Japan Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 59 Japan Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 60 South Korea Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 61 South Korea Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 62 South Korea Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 63 Latin America Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 64 Latin America Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 65 Latin America Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 66 Brazil Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 67 Brazil Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 68 Brazil Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 69 Mexico Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 70 Mexico Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 71 Mexico Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 72 Middle East & Africa Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 73 Middle East & Africa Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 74 Middle East & Africa Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 75 Saudi Arabia Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 76 Saudi Arabia Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 77 Saudi Arabia Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
- Table 78 UAE Carbon-13 Market, By Purity, 2020 - 2032, (USD Million)
- Table 79 UAE Carbon-13 Market, By Application, 2020 - 2032, (USD Million)
- Table 80 UAE Carbon-13 Market, By End User, 2020 - 2032, (USD Million)
List of Figures
- Figure 1. Executive Summary
- Figure 2. Research Methodology: Top Down & Bottom-Up Approach
- Figure 3. Market by Geography, 2020 - 2032, (USD Million)
- Figure 4. Porter's Five Forces
- Figure 5. PEST Analysis
- Figure 6. Market by Purity
- Figure 7. Market by Application
- Figure 8. Market by End User
