Portable Analytical Instrument Market 2024-2028
The portable analytical instrument market is forecasted to grow by USD 3071.8 mn during 2023-2028, accelerating at a CAGR of 5.8% during the forecast period. The report on the portable analytical instrument market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in demand for generic drugs, increasing prevalence of narcotics-related problems, and concerns about food safety.
Technavio's portable analytical instrument market is segmented as below:
- By Product
- Spectrometers
- Gas and TOC analyzers
- Thermal analyzers
- Others
- By End-user
- Pharmaceutical and biotechnology companies
- Food and beverage companies
- Environmental testing organizations
- Others
- By Geographical Landscape
- Asia
- North America
- Europe
- Rest of World (ROW)
This study identifies the vendors offering analytical software as an additional service as one of the prime reasons driving the portable analytical instrument market growth during the next few years. Also, growth in nuclear power generation and rise in electrical and electronic components in automobile industry will lead to sizable demand in the market.
The report on the portable analytical instrument market covers the following areas:
- Portable analytical instrument market sizing
- Portable analytical instrument market forecast
- Portable analytical instrument market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable analytical instrument market vendors that include Agilent Technologies Inc., Bio Rad Laboratories Inc., Bruker Corp., Danaher Corp., Eppendorf SE, F. Hoffmann La Roche Ltd., Hitachi Ltd., HORIBA Ltd., JASCO International Co. Ltd., JEOL Ltd., Metrohm AG, Mettler Toledo International Inc., Perkin Elmer Inc., Rigaku Corp., Rudolph Research Analytical, Shimadzu Corp., Spectris Plc, Teledyne Technologies Inc., Thermo Fisher Scientific Inc., and Waters Corp.. Also, the portable analytical instrument market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.