Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Molecular Spectroscopy Market Expected To Swell

Facebook Twitter LinkedIn Email
The molecular spectroscopy market is expected to grow to $5.9 billion by 2018, according to the research firm MarketsandMarkets.

The industry was valued at $4.3 billion in 2013, and is in a position to increase 6.7 percent annually over the next several years. The researchers noted that this market would be growing even faster if not for the high cost of molecular spectroscopy systems, and the need for skilled personnel to operate them.

The demand for molecular spectroscopy is expected to grow due to increasingly rigorous quality requirements for medications and their excipients, food safety, technological advancements, and research and development.

North America is the largest market for molecular spectroscopy, followed by Europe and Asia. The researchers said this market will grow at the highest rate in Asia over the next several years.

This market includes UV-VIS (single beam, dual beam and array-based), IR spectroscopy (short- to far-wave and terahertz), NIR spectroscopy, color measurement spectroscopy, Raman spectroscopy and nuclear magnetic resonance (such as continuous wave, Fourier transform and solid state).

Molecular spectroscopy is used in applications such as pharmaceuticals, biotechnology, biopharmaceuticals, food and beverage testing, environmental testing and academic research.

For more information, visit:
Apr 2014
molecular spectroscopy
Spectrum analysis concerned with the spectra formed by transitions in molecules.
AmericasAsia-PacificbiopharmaceuticalsBiophotonicsbiotechnologyBusinessenergyEuropeFourier transformindustrialIRmarket researchMarkets and Marketsmolecular spectroscopyNIRNMR spectroscopypharmaceuticalsRamanRapidScanspectroscopyTexasUV-Vis

Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.