Asia Pacific Spectrometry Market Size, Share & Industry Trends Analysis Report By Type, By End User (Pharmaceutical & Biotechnology Companies, Government, Research & Academic Institutions), By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Spectrometry Market
Market Report Description
The Asia Pacific Spectrometry Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).
Natural light undergoes several reactions in an environment when it filters through celestial bodies in space, like the sun. Each chemical element responds a little bit differently throughout this process, with some reactions visible to the human eye (those on the 390-700mm wavelength) and others invisible.
A spectrometer is a piece of equipment used in science to identify and quantify the spectrum elements of physical phenomena. Instruments that detect variables of a phenomenon where the spectral elements are in some way combined are sometimes referred to as spectrometers. A spectrometer can distinguish white light from visible light and measure distinct, narrow bands of color, known as a spectrum. The spectrum of the energies of the atoms or molecules contained in the gas is measured by a mass spectrometer.
To separate light into a variety of distinct colors, the first spectrometers were employed. The development of spectrometers began with early research in physics, astronomy, and chemistry. One of the main functions of spectroscopy has been and now is the capacity to discern chemical composition. Astronomers use spectrometers to the chemical makeup of stars and planets and to collect information about the universe's beginning.
ATR-FTIR can be utilized as a fast COVID-19 screening test utilizing plasma or nasopharyngeal swabs. Given the known blood biochemistry changes in severe disease, it is hypothesized by investigators that the ATR-FTIR spectra of plasma specimens would be able to distinguish between severe and non-severe disease. This evaluation places special emphasis on the mass spectrometry work being done at reputable academic and research organizations in India. The regional process spectroscopy market is therefore anticipated to increase throughout the projected period as a result of the substantial regional work done by scientists and researchers.
The China market dominated the Asia Pacific Spectrometry Market by Country in 2021; thereby, achieving a market value of $1,133.4 million by 2028. The Japan market is anticipated to grow at a CAGR of 5.9% during (2022 - 2028). Additionally, The India market would obtain a CAGR of 7.5% during (2022 - 2028).
Based on Type, the market is segmented into Molecular Spectrometry, Mass Spectrometry and Atomic Spectrometry. Based on End User, the market is segmented into Pharmaceutical & Biotechnology Companies, Government, Research & Academic Institutions and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Danaher Corporation, Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer, Inc., Endress+Hauser AG, LECO Corporation, Waters Corporation, Bruker Corporation and Kore Technology Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Molecular Spectrometry
- Mass Spectrometry
- Atomic Spectrometry
By End User
- Pharmaceutical & Biotechnology Companies
- Government, Research & Academic Institutions
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Danaher Corporation
- Agilent Technologies, Inc.
- Shimadzu Corporation
- PerkinElmer, Inc.
- Endress+Hauser AG
- LECO Corporation
- Waters Corporation
- Bruker Corporation
- Kore Technology Ltd.
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