Report Highlights
The global spectrometry market increased from $7.8 billion in 2011 to $8.5 billion in 2012 and is expected to reach $14.8 billion in 2017, a compound annual growth rate (CAGR) of 11.7% for the forecast period of 2012 to 2017.
Report Includes
- An overview of the global market for spectroscopy, including definitions and history of the science, and an introduction to the different types of spectroscopy equipment.
- Discussion of the different types of spectroscopic analysis: bulk, mixture, surface, and spectroscopic microanalysis.
- Examination of the markets for spectroscopic instruments by their typical applications; these applications are broken into six main groups: biotechnology, environmental, food and beverage, industrial chemistry, materials, and pharmaceuticals.
- Evaluations of the technology, with an emphasis on both established and new spectroscopic technologies.
- Coverage of the structure and activities of the spectroscopic industry, with emphasis on industry classification, the active mergers-and-acquisitions (M&A) business, marketing and competitive factors, and major domestic producers and suppliers.
- Comprehensive company profiles of the major suppliers in the industry.
Report Scope
The scope of this study encompasses spectroscopy in pharmaceutical and biotechnology, environmental, food and beverage, and other industries. BCC analyzes each market in terms of its applications, regulatory environment, technology, market projections, and market shares. Technological issues include the latest trends and developments. The report splits the worldwide market into North America, Europe, and the emerging markets. The emerging market for spectroscopy includes countries such as India, China, Japan, Korea, Taiwan, Africa, Australia, New Zealand, etc. The North American market covers the U.S., Canada and Mexico.
Analyst Credentials
Shalini Shahani Dewan focuses on pharmaceuticals and biotechnology and has been a BCC Research contributor since 2002 as both an analyst and project manager. She has explored a wide range of topics and companies, including working for Johnson & Johnson doing market surveillance. She has an undergraduate degree in pharmacy and master's degree in medicinal chemistry. She resides in the Bay Area.
Related Reports
Portable Medical Electronic Products: Technologies and Global Markets
The global market for portable medical electronic products was valued at $49.3 billion in 2011 and should reach $51.9 billion in 2012. Total market value is expected to reach $77.4 billion in 2017 after increasing at a compound annual growth rate (CAGR) of 8.3%.
Global Markets for Drug-Device Combinations
The market for global drug device combination products was valued at $18.5 billion in 2011 and should reach $19 billion in 2012. Total market value is expected to reach $30.5 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 9.9%.
Superconductors: Technologies and Global Markets
The global market for superconductor technologies was valued at nearly $1.7 billion in 2011 and should reach $1.8 billion in 2012. Total market value is expected to reach $3.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 12.6%.
Drug Discovery Technologies
The global market for drug discovery technologies and products reached $38.4 billion in 2011. It is expected to expand to $41.4 billion in 2012 and to $79.0 billion in 2017, a compound annual growth rate (CAGR) of 13.8% between 2012 and 2017.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Machine Vision-2D and 3D MV Systems: Technologies and Markets
The global market for machine vision (MV) systems is expected to grow from $15.9 billion in 2025 and is projected to reach $24.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 9.1% during the forecast period of 2025 to 2030.
Humanoid Robot: Applications Verticals and Global Markets
The global market for humanoid robots is expected to grow from $1.9 billion in 2025 and is projected to reach $11 billion by the end of 2030, at a compound annual growth rate (CAGR) of 42.8% during the forecast period of 2025 to 2030.
Automotive Cybersecurity: Global Markets
This report presents an in-depth analysis of the global automotive cybersecurity market from 2025 through 2030. It provides market segmentation based on the offerings, deployment, security, application, vehicle type, propulsion and region. The report also provides a detailed preview of the leading companies in the market with insights such as company overview, financial information, product portfolio and key developments.
Smart Machines: Technologies and Global Markets
The global market for smart machines was valued at $400.6 billion in 2024 and is estimated to increase from $455 billion in 2025 to reach $1.2 trillion by 2030, at a compound annual growth rate (CAGR) of 20.8% from 2025 through 2030.
Automotive Battery Management System: Global Markets
The global market for automotive battery management system (BMS) is projected to grow from $6.4 billion in 2025 to reach $13.9 billion by the end of 2030, at a compound annual growth rate (CAGR) of 16.8% from 2025 to 2030.
Top Trending Reports
Contract Manufacturing of Medical Devices: Global Markets
The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from 2025 to 2030.
Bioprocess Filtration: Global Markets
The global market for bioprocess filtration is estimated to grow from $8.4 billion in 2025 to reach $15.6 billion by 2030, at a compound annual growth rate (CAGR) of 13.1% from 2025 through 2030.
Global Data Center Market
The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.
Biological Therapies for Cancer: Technologies and Global Markets
The global biological therapies market for cancer is expected to grow from $157 billion in 2025 and is projected to reach $225 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2025 to 2030.
Immunotherapy Drugs: Global Markets
The global immunotherapy drugs market is expected to grow from $260.7 billion in 2025 and is projected to reach $467.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 12.4% during the forecast period of 2025 to 2030.
Report Highlights
-
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.
-
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.
-
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.
Report Highlights
-
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
-
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.
-
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
-
The 2002, the U.S. spectroscopy market was about $ 2.8 billion, increasing at a 9.1% average annual growth rate (AAGR).
-
Fastest growth will be in hyphenated spectroscopy, increasing at a 12.2% AAGR.
-
Sales of hyphenated spectroscopy will reach about $787.9 million in 2007.
-
Mass spectroscopy will show a 10.9% AAGR, and 2007 sales of $930.5 million.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More