Analytical Standards Market Size - By End User, By Methodology, By Technique, By Application, By Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Analytical Standards Market Size - By End User, By Methodology, By Technique, By Application, By Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2032

Global Analytical Standards Market Overview:

According to SPER Market Research, the Global Analytical Standards Market is estimated to reach USD 2.65 billion by 2032 with a CAGR of 6.54%. The sale of analytical standards and related goods by businesses (organisations, sole proprietors, and partnerships) that produce analytical instruments makes up the analytical standards market. An analytical standard is a premium substance in a predetermined concentration that is used as a reference standard for a particular experiment.

Impact of COVID-19 on the Global Analytical Standards Market

The market for analytical standards has been severely impacted by the COVID-19 epidemic. In the manufacturing and supply chain, the analytical instrumentation industry faces difficulties meeting uneven demand for its goods and services, as well as delivering items on time to end users. The analytical standards market is also experiencing a short-term decline in growth, which can be attributed to a number of factors, including a decrease in product demand from key end-users.

Scope of the Report:

Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments covered By End User, By Methodology, By Technique, By Application, By Type

Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Companies Covered AccuStandard, Inc., Agilent Technologies, Cayman Chemical Company, Chiron AS, GFS Chemicals, Inc., LGC Standards, Mallinckrodt, Merck KGaA.

Global Analytical Standards Market Segmentation:

By Technique:Based on the Technique, Global Analytical Standards Market is segmented as; Chromatography, Spectroscopy, Titrimetry, Physical Property Testing.

By Type:Based on the Type, Global Analytical Standards Market is segmented as; Organic Standards, Inorganic Standards.

By Region:The analytical standards market is dominated by North America (the US and Canada). The market is mature in North America, where analytical technologies are widely used by key end users (food testing labs, environmental pollution monitoring labs, drug testing labs, and forensic laboratories), and where manufacturers and suppliers of analytical standards products have established distribution networks.