Report Highlights
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The total U.S. spectroscopy market by application was worth $4.9 billion in 2009. This market is expected to increase by a compound annual growth rate (CAGR) of 6% to reach $6.5 billion in 2014.
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Pharmaceuticals, the current application market leader, had a 2009 value of more than $1 billion. This market is expected to grow at a compound annual growth rate (CAGR) of 6.1% to reach $1.4 billion in 2014.
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Molecular spectroscopy is a large market that in 2009 was estimated to be about $1.8 billion. It should expand at a compound annual growth rate (CAGR) of 6.1% to nearly $2.4 billion in 2014.
INTRODUCTION
- Marketing and management personnel in companies that produce, market, and sell spectroscopic instruments and ancillaries
- Companies involved in the design and manufacture of these instruments and ancillaries
- Financial institutions that supply money for these facilities
- Personnel in end-user companies and industries, a wide-ranging panoply of industries involved in biotechnology, environmental, food and beverage, what can be called industrial chemistry (including petroleum and petrochemicals), materials, pharmaceutical studies and manufacture, academic and industrial laboratories, and companies that make consumer and household products
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Report Highlights
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The total U.S. market for spectroscopic instruments was more than $3.6 billion in 2005. At an average annual growth rate (AAGR) of 7.7%, this market will cross $5.2 billion by 2010
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Molecular spectroscopy, the science of analysis of molecules, consists of infrared (IR), ultraviolet and visible (UV-Vis or UV/Vis), Raman, and nuclear and electron spin resonance (NMR/ESR) spectroscopy. This is a large market that in 2005 BCC Research estimates to be about $1.2 billion, growing at an AAGR of 7.2% to almost $1.7 billion in 2010.
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Atomic spectroscopy, concerned more with the determination and analysis of individual atoms, consists of atomic absorption (AA), X-ray, arc/spark, and plasma spectroscopy. This total market in the United States was about $942 million in 2005 and should grow at an AAGR of 6.6% to almost $1.3 billion in 2010.
Report Highlights
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The 2002, the U.S. spectroscopy market was about $ 2.8 billion, increasing at a 9.1% average annual growth rate (AAGR).
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Fastest growth will be in hyphenated spectroscopy, increasing at a 12.2% AAGR.
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Sales of hyphenated spectroscopy will reach about $787.9 million in 2007.
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Mass spectroscopy will show a 10.9% AAGR, and 2007 sales of $930.5 million.
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