Global Raman Spectroscopy Market Size, Share, Growth Analysis, By Technology (Fourier Transform Raman Spectroscopy [FT-Raman] and Dispersive Raman Spectroscopy), By End User (Pharmaceuticals, Materials Science)

Description

Global Raman Spectroscopy Market size was valued at USD 38.69 billion in 2022 and is poised to grow from USD 41.75 billion in 2023 to USD 71.08 billion by 2030, at a CAGR of 7.9% during the forecast period (2023-2030).

The Raman Spectroscopy market is a dynamic sector within the scientific and analytical instrumentation industry. It revolves around the use of Raman spectroscopy technology, which enables precise molecular analysis of substances by measuring light scattering. This market serves various fields, including pharmaceuticals, materials science, and chemistry, providing valuable insights into molecular structures and compositions. With advancements in technology and increasing demand for accurate and non-destructive analysis, the Raman Spectroscopy market continues to grow, offering innovative solutions for research, quality control, and diagnostics.

Top-down and bottom-up approaches were used to estimate and validate the size of Raman Spectroscopy and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segmental Analysis

The global cancer therapeutics market is segmented on the basis of application, therapy, and region. By application, the market is segmented into blood cancer, lung cancer, and other types of cancer. By therapy, the market is segmented into chemotherapy, targeted therapy, immunotherapy, hormonal therapy, and other treatment modalities. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Driver:

Demand from Numerous Industries

The global Raman spectroscopy market is experiencing a surge in growth, primarily driven by its expanding utilization across diverse sectors such as pharmaceuticals, materials science, and forensics. This momentum is attributed to the technology's ability to provide non-destructive and swift analytical insights. Industries are increasingly embracing Raman spectroscopy for its capacity to deliver valuable information without damaging samples, thus enhancing its appeal and contributing to the market's upward trajectory.

Restraint:

Lack of Broad Availability

Despite its expanding applications, the global Raman spectroscopy market faces impediments like restricted sensitivity for specific sample categories and elevated equipment expenses. These challenges curtail the technology's complete potential and hinder its broader utilization, notably within budget-constrained research and industries. Addressing these limitations through advancements in sensitivity enhancement and cost-effective solutions could enable wider accessibility, bolstering Raman spectroscopy's efficacy in various sectors.

Key Market Trends:

Within the global Raman spectroscopy market, noteworthy progressions encompass the swift evolution of portable and handheld Raman devices, amplifying their on-site analytical capabilities across diverse sectors such as pharmaceuticals, food safety, and materials science. The infusion of artificial intelligence and machine learning into Raman data interpretation has heightened accuracy and velocity. Simultaneously, component miniaturization has yielded more streamlined and user-friendly instruments. Collaborative ventures between spectroscopy firms and research institutions have further expanded applications and innovative techniques. Collectively, these advancements have significantly propelled the worldwide adoption of Raman spectroscopy, facilitating real-time, non-destructive, and precise molecular analysis.

Product Code: SQMIG35J2073

Executive Summary
- Market Overview
- Wheel of Fortune
Research Methodology
- Information Procurement
- Secondary & Primary Data Sources
- Market Size Estimation
- Market Assumptions & Limitations
Parent Market Analysis
- Market Overview
- Market Size
- Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
- Technology Analysis
- Pricing Analysis
- Supply Chain Analysis
- Value Chain Analysis
- Ecosystem of the Market
- IP Analysis
- Trade Analysis
- Startup Analysis
- Raw Material Analysis
- Innovation Matrix
- Pipeline Product Analysis
- Macroeconomic Indicators
- Top Investment Analysis
- Key Success Factor
- Degree of Competition
Market Dynamics & Outlook
- Market Dynamics
Drivers
Opportunities
Restraints
Challenges
- Regulatory Landscape
- Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
- Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Raman Spectroscopy Market by Technology
- Market Overview
- Fourier Transform Raman Spectroscopy (FT-Raman) and dispersive Raman spectroscopy
Global Raman Spectroscopy Market by End user
- Market Overview
- Pharmaceuticals
- materials science
- life sciences
- and more
Global Raman Spectroscopy Market Size by Region
- Market Overview
- North America
USA
Canada
- Europe
Germany
Spain
France
UK
Rest of Europe
- Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
- Latin America
Brazil
Rest of Latin America
- Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
- Top 5 Player Comparison
- Market Positioning of Key Players, 2021
- Strategies Adopted by Key Market Players
- Top Winning Strategies
By Development
By Company
By Year
- Recent Activities in the Market
- Key Companies Market Share (%), 2021
Key Company Profiles
- Horiba Ltd. - Japan
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Thermo Fisher Scientific Inc. - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Bruker Corporation - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Renishaw plc - United Kingdom
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Agilent Technologies, Inc. - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Shimadzu Corporation - Japan
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- PerkinElmer, Inc. - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- B&W Tek, Inc. (A Metrohm Company) - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Kaiser Optical Systems, Inc. (A part of Endress+Hauser) - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- JASCO International Co., Ltd. - Japan
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- WITec Wissenschaftliche Instrumente und Technologie GmbH - Germany
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Princeton Instruments (A part of Teledyne Technologies) - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Renishaw plc - United Kingdom
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- BaySpec, Inc. - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Enwave Optronics, Inc. - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Snowy Range Instruments - United States
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Anton Paar GmbH - Austria
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Nanophoton Corporation - Japan
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Nanolive SA - Switzerland
Company Overview
Business Segment Overview
Financial Updates
Key Developments
- Cobolt AB (A part of HUBNER Group) - Sweden
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Raman Spectroscopy Market Size, Share, Growth Analysis, By Technology (Fourier Transform Raman Spectroscopy [FT-Raman] and Dispersive Raman Spectroscopy), By End User (Pharmaceuticals, Materials Science) - Industry Forecast 2023-2030

Description

Table of Contents

Table of Contents