Raman Spectroscopy Market is expected to witness Incredible Growth during 2021 - 2026


Posted August 1, 2022 by avinashgogawale14

The Raman Spectroscopy Market is anticipated to grow at a CAGR of 7.4% from 2021 to 2026, from USD 602 million in 2021 to USD 861 million in 2026.

 
At a projected CAGR of 7.4% from 2021 to 2026, the Raman Spectroscopy Market is expected to grow from an estimated USD 602 million in 2021 to USD 861 million by 2026. Raman Spectroscopy use in clinical applications and increased focus on drug discovery in healthcare are two factors boosting the market's expansion.

The Handheld & Portable Segment is anticipated to account for the highest share of the Raman Spectroscopy Market by Instrument during the course of the forecast year.

During the anticipated time, the Handheld & Portable Segment market is anticipated to account for the greatest portion of the Raman spectroscopy market. Raman spectroscopy that is handheld and portable has the capacity to provide straightforward point-and-shoot testing and fully portable testing with an ergonomic design. This makes it possible to quickly respond to uncertain characterisation versus integrated digital libraries and data from earlier methods. The molecular fingerprint of raw materials can be easily obtained using these spectroscopies by low-skilled workers for applications in materials research, life science, and pharmaceuticals.

Surface Enhanced Raman Scattering (SERS) is anticipated to have growth at the greatest CAGR throughout the projection period among sampling techniques.

During the forecast period, the surface enhanced Raman scattering (SERS) segment is anticipated to have the greatest CAGR. The application of surface enhanced Raman scattering has been greatly expanded as a result of ongoing advancements in nanotechnology and extensive theoretical and experimental research, which has also led to an increase in demand for this technique in the study of pharmaceuticals, life sciences, and materials science. Additionally, the SERS sampling method can be used to boost weak Raman signals, particularly when the signals are excited by visible light and there are few scattered photons available for detection. Therefore, surface enhanced Raman scattering finds use in medication delivery, the detection of minute quantities of chemical and biological danger agents, Point-of-care (POC) medical diagnostic devices, and forensic field investigations.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23875879

The Pharmaceutical Application is anticipated to have growth at the greatest CAGR throughout the projection period.

During the forecast period, the pharmaceutical application segment is anticipated to have the greatest CAGR. The increase in the use of solid-state pharmaceutical goods in both businesses and academia is blamed for the segment's growth. Pharmaceutical applications today span a wide range, from drug discovery to production, and include things like polymorph identification, real-time process monitoring, the detection of phoney and tainted pharmaceutical items, and imaging solid dosage formulations. Raman Spectroscopy is highly sought after in the pharmaceutical sector due to its capacity to visualise the drug and excipient distribution in pharmaceutical formulations such tablets, creams, and ointments.

According to region, APAC would dominate the Raman Spectroscopy market throughout the anticipated time.

In 2020, the APAC region accounted for the highest share of the global Raman Spectroscopy market. During the forecast period, a similar trend is anticipated to hold true. During the projection period, the area is anticipated to have the highest CAGR. This expansion is linked to rising demand from industries like pharmaceuticals, life sciences, and materials research in nations like China, Japan, South Korea, and India. The Raman Spectroscopy Market is expanding in the APAC region due to the presence of numerous pharmaceutical, life science, and contract manufacturing organisations (CMOs). A significant driver of the expansion of the Raman Spectroscopy Market in the area is also the rising healthcare spending by government organisations and their initiatives on cutting-edge medical technology in their various countries.

Key Players

Thermo Fisher Scientific, Inc. (US); Agilent Technologies, Inc. (US); Bruker Corporation (US); Mettler-Toledo International, Inc. (Switzerland); Renishaw PLC (UK); Horiba, Ltd. (Japan); Metrohm AG (Switzerland); Kaiser Optical Systems, Inc. (US); Rigaku Corporation (Japan); and PerkinElmer, Inc. (US); are some of the key players in the Raman Spectroscopy Market.

Browse For More Details - https://www.prnewswire.com/news-releases/raman-spectroscopy-market-worth-861-million-by-2026--exclusive-report-by-marketsandmarkets-301369020.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website: https://www.marketsandmarkets.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Avinash
Phone +1-888-600-6441
Business Address Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune-411013, India
Country India
Categories Business , Industry , Semiconductors
Tags raman spectroscopy market
Last Updated August 1, 2022