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Analytical Instrumentation Market Share

Report ID: GMI5961
Published Date: Jun 2023
Report Format: PDF

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Analytical Instrumentation Market Share

Some of the major players operating in the analytical instrumentation market are :

Agilent Technologies Inc.
Avantor, Inc.
Bio-Rad Laboratories Inc.
Bruker Corporation, F
Hoffmann-La Roche AG
Hitachi High-Technologies Corporation
and Illumina, Inc

Major market players are adopting strategic formulations such as forward integration, new product development, geographical expansion, and research collaborations to garner maximum industry share.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size for analytical instrumentation was valued at around USD 51.7 billion in 2022 and will reach over USD 81.6 billion by 2032. The field of pharmaceutical & biotechnology is increasingly focused on personalized medicine, driving the demand for analytical instruments that can perform genomics, proteomics, metabolomics, and other molecular analyses at a high level of accuracy and speed.

The spectroscopy instruments segment share was valued at over USD 19.7 billion in 2022. This segmental share is attributable to the increasing complexity of drug molecules, stringent quality control regulations, and the demand for faster & more sensitive analysis methods.

U.S. dominated North America analytical instrumentation market in 2022 and will generate around USD 34 billion by 2032, owing to technological advancements, presence of leading players in the region, and increasing R&D spending by pharmaceutical companies & government research organizations.

Agilent Technologies Inc., Avantor, Inc., Bio-Rad Laboratories Inc., Bruker Corporation, F. Hoffmann-La Roche AG, Hitachi High-Technologies Corporation, and Illumina, Inc. among others.