The global IR spectroscopy Market was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5% during the forecast period The rise in demand for IR spectroscopy systems is attributed to the growth in the number of healthcare institutions and clinical research centers, increase in R&D investments in healthcare and pharmaceuticals industry, and continuous technological advancements in IR spectroscopy.
Applications Across Industries :
Pharmaceuticals: In the pharmaceutical industry, IR spectroscopy plays a critical role in drug development and quality control by verifying molecular structures, detecting impurities, and ensuring batch-to-batch consistency of medications.
Chemicals and Polymers: IR spectroscopy is widely used for characterizing polymers, identifying additives, monitoring polymerization reactions, and assessing material properties such as crystallinity and molecular weight distribution.
Environmental Monitoring: Environmental scientists utilize IR spectroscopy to analyze pollutants, monitor air and water quality, and detect contaminants in soil and sediments, aiding in environmental assessment and remediation efforts.
Food and Agriculture: In food analysis, IR spectroscopy verifies nutritional content, detects adulterants, and ensures food safety by identifying contaminants and pathogens, contributing to quality assurance and regulatory compliance.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=42486905
Market Dynamics and Growth Drivers :
The IR spectroscopy market is driven by several factors contributing to its growth:
Technological Advancements: Advances in IR spectroscopy instrumentation, including Fourier-transform infrared (FTIR) spectroscopy and portable IR devices, enhance sensitivity, resolution, and data analysis capabilities.
Regulatory Compliance: Stringent regulations in pharmaceutical, food, and environmental sectors necessitate reliable and accurate analytical techniques like IR spectroscopy for compliance with safety and quality standards.
Demand for Automation: Integration of IR spectroscopy with automated sample handling systems and data analysis software streamlines workflows, improves productivity, and reduces operational costs across industries.
Emerging Trends and Innovations
Miniaturization: Development of handheld and portable IR spectrometers enables on-site analysis, field applications, and real-time monitoring in diverse environments.
Hyphenated Techniques: Combination of IR spectroscopy with chromatography (GC-IR) or mass spectrometry (MS-IR) enhances analytical capabilities for complex sample analysis and molecular identification.
Artificial Intelligence (AI) Integration: AI-driven spectral analysis algorithms improve accuracy in spectral interpretation, pattern recognition, and predictive modeling, enhancing decision-making capabilities in research and industry.
IR Spectroscopy Systems Industry : Key players
The key companies that offer IR spectroscopy systems include Shimadzu Corporation (Japan); ZEISS (Germany); PerkinElmer Inc. (US); Agilent Technologies, Inc. (US); Bruker Corporation (US).
Know more In-depth Analysis @ https://www.marketsandmarkets.com/Market-Reports/ir-spectroscopy-market-42486905.html
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441