Atomic Spectroscopy Market to Increase at rate of 6.8% CAGR to reach more than USD 8.80 Billion by 2028

Major companies in atomic spectroscopy market are Rigaku Corporation, Agilent Technologies, and Shimadzu Corporation, GBC Scientific Equipment Pty Ltd., PerkinElmer, Inc., Bruker Corporation, Thermo Fisher Scientific, and Hitachi High-Technologies Corporation. Other players include Aurora Biomed, Analytik Jena AG. These players are set to bolster the development of the global atomic spectroscopy market.

According to analysts at Zion Market Research, the global atomic spectroscopy market accounted for more than USD 5.22 Billion in 2020 and is expected to reach USD 8.80 Billion by 2028, growing at a CAGR of 6.8% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Atomic Spectroscopy Market By Applications (Pharmaceuticals & Biotechnology, Environmental technology, Food & Beverages testing, Industrial Chemistry and Others), By Technology (Element analysers, X-ray Diffraction spectroscopy, X-ray Fluorescence spectroscopy, Inductively coupled plasma (ICP) Spectroscopy, Atomic absorption spectroscopy, Inductively Couples plasma mass Spectroscopy): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Growing government fund on the research activities and developments in drug discovery research are anticipated to fuel the global atomic spectroscopy market growth in future

The major factor that drive the atomic spectroscopy market is says the author of this study. . In addition to this, the growth in the food safety concerns and stringent regulations have gained the growth in market. Then the expansions by conferences and overall technological advancement and key players and rising awareness of the atomic spectroscopy are also expected to boost the global market growth.

 Apart from this International companies that are entering in the global atomic spectroscopy market by the acquisitions and expansions are also anticipated to contribute to the global market growth. Many companies are focusing primarily on healthcare and clinical science, integrated services and solutions for laboratory research and analysis, which in turn may encourage the global market growth.

North America is dominating the market by presence of large pharmaceutical and chemical industry grabs massive share for Atomic Spectroscopy market

North America contributed the largest market share in the year 2020 in the global atomic spectroscopy market share due to the presence of large pharmaceutical and chemical Industries. Additionally, strict regulations implemented by the government about the safety of drugs, and food and beverages also fuel the global market growth. Along with this Asia Pacific is also growing and forecasted to grow further at a CAGR of 10.4% for the upcoming year 2028. The reason for that is developing nations such as India and China also accounted for the largest market chunk for atomic spectroscopy as major players are expanding their business in these regions.

Browse the full “Atomic Spectroscopy Market By Applications (Pharmaceuticals & Biotechnology, Environmental Technology, Food & Beverages Testing, Industrial Chemistry and Others), By Technology (Element Analyzers, X-ray Diffraction Spectroscopy, X-ray Fluorescence Spectroscopy, Inductively Coupled Plasma (ICP) Spectroscopy, Atomic Absorption Spectroscopy, Inductively Couples Plasma Mass Spectroscopy): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/atomic-spectroscopy-market

The global Atomic Spectroscopy market is segmented as follows:

By Application

• Pharmaceutical & Biotechnology
• Environmental Testing
• Food & Beverage Testing
• Industrial Chemistry

By Technology

• Elementary Analyzers
• X-ray Diffraction Spectroscopy
• X-ray Fluorescence Spectroscopy
• Inductively Coupled Plasma (ICP) Spectroscopy
• Atomic Absorption Spectroscopy
• Inductively Couples Plasma Mass Spectroscopy

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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