Molecular Spectroscopy Market by Type (Infrared (IR) Spectroscopy, Visible/Ultraviolet (UV) Spectroscopy, Flame Spectroscopy, Near-infrared Spectroscopy, X-Ray Spectroscopy, Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy), Others), by Application (Pharmaceutical Applications, Biotechnology & Biopharmaceutical Applications, Food & Beverage Testing, Environmental Testing, Academic Research, Other Applications) and Geography  

Purchase Option

$ 4400
$ 6600
$ 8900

Molecular Spectroscopy Market size was valued at USD 5.8 billion in 2022 and is poised to grow at a CAGR of 7.23% from 2023-2029. Spectroscopy is the study of quantitative and qualitative characteristics of molecules or atoms by the use of absorption, emission, or scattering of electromagnetic radiation. Interaction of electromagnetic radiation with matter can cause redirection and or transition of energy levels between the energy levels of molecules or atoms. These properties vary from molecule to molecule and help in the identification of different molecules. The global molecular spectroscopy market is characterized by the presence of many market players and is highly fragmented. Market players are adopting innovation of new products and geographically expanding their market to get a competitive advantage. For instance, In August 2017, PerkinElmer, Inc., launched Spectrum Two N FT-NIR system designed for use in spectroscopy analysis on a wide range of food, industrial, and pharmaceutical samples. Furthermore, to increase their R&D and product portfolio companies adopt strategies such as acquisitions and mergers. For instance, in July 2017, Agilent Technologies Inc. acquired Cobalt Light Systems, a provider of Raman spectroscopic instruments for the pharmaceutical industry, applied markets and public safety to expand the market share.

Molecular Spectroscopy Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.23%

Largest Market

North America

Fastest Growing Market

North America
Molecular Spectroscopy Market Dynamics

Global market is driven by the rapid spread of molecular spectroscopy into various application areas, and growth in pharmaceutical and biotechnological industries worldwide. In addition, technological advances in spectroscopy that helps in analysis of nucleic acids, proteins and increase in R&D activities that uses molecular analysis are expected to boost the global market over the forecast period. However, high cost of devices and lack of skilled professionals to use the molecular spectroscopy are expected to hamper the growth of the market during the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Molecular Spectroscopy Market Segmentation

By Type
  • Infrared (IR) Spectroscopy
  • Visible/Ultraviolet (UV) Spectroscopy
  • Flame Spectroscopy
  • Near-infrared Spectroscopy
  • X-Ray Spectroscopy
  • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
  • Others
By Application
  • Pharmaceutical Applications
  • Biotechnology & Biopharmaceutical Applications
  • Food & Beverage Testing
  • Environmental Testing
  • Academic Research
  • Other Applications

Frequently Asked Questions

The molecular spectroscopy market size was valued USD 5.8 billion in 2022

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Avantes (Netherlands) Agilent Technologies (U.S.) Bruker Corporation (U.S.) Ibsen Photonics A/S (Denmark) Carl Zeiss AG (Germany) Magritek (New Zealand)

  1. Executive Summary
  2. Global Molecular Spectroscopy Market Introduction
    • Global Molecular Spectroscopy Market – Taxonomy
    • Global Molecular Spectroscopy Market – Definitions
      • Type
      • Application
  1. Global Molecular Spectroscopy Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Molecular Spectroscopy Market Dynamic Factors - Impact Analysis
    • Global Molecular Spectroscopy Market – Competition Landscape
    • Epidemiology
  2. Global Molecular Spectroscopy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Molecular Spectroscopy Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Infrared (IR) Spectroscopy
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Visible/Ultraviolet (UV) Spectroscopy
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Flame Spectroscopy
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Near-infrared Spectroscopy
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • X-Ray Spectroscopy
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 20294 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 20294 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Molecular Spectroscopy Market Forecast, By Application,2018 - 2022 and Forecast, 2023 - 2029
    • Pharmaceutical Applications
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Biotechnology & Biopharmaceutical Applications
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Food & Beverage Testing
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Environmental Testing
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Academic Research
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other Applications
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Molecular Spectroscopy Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Molecular Spectroscopy Market - Opportunity Analysis Index, By Type, By Application and Region, 2023 - 2029
  2. North America Molecular Spectroscopy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Molecular Spectroscopy Market - Opportunity Analysis Index, By Type, By Application and Country, 2023 - 2029
    • North America Molecular Spectroscopy Market Dynamics – Trends
  3. Europe Molecular Spectroscopy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Molecular Spectroscopy Market - Opportunity Analysis Index, By Type, By Application and Country, 2023 - 2029
    • Europe Molecular Spectroscopy Market Dynamics – Trends
  4. Asia-Pacific Molecular Spectroscopy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Molecular Spectroscopy Market - Opportunity Analysis Index, By Type, By Application and Country, 2023 - 2029
    • Asia-Pacific Molecular Spectroscopy Market Dynamics – Trends
  5. Latin America Molecular Spectroscopy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Molecular Spectroscopy Market - Opportunity Analysis Index, By Type, By Application and Country, 2023 - 2029
    • Latin America Molecular Spectroscopy Market Dynamics – Trends
  6. Middle East and Africa Molecular Spectroscopy Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Type Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared (IR) Spectroscopy
      • Visible/Ultraviolet (UV) Spectroscopy
      • Flame Spectroscopy
      • Near-infrared Spectroscopy
      • X-Ray Spectroscopy
      • Nuclear Magnetic Resonance Spectroscopy (NMR Spectroscopy)
      • Others
    • Application Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Pharmaceutical Applications
      • Biotechnology & Biopharmaceutical Applications
      • Food & Beverage Testing
      • Environmental Testing
      • Academic Research
      • Other Applications
    • Country Analysis 2018 - 2022 and Forecast, 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Molecular Spectroscopy Market - Opportunity Analysis Index, By Type, By Application and Country, 2023 - 2029
    • MEA Molecular Spectroscopy Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Avantes (Netherlands)
      • Agilent Technologies (U.S.)
      • Buker Corporation (U.S.)
      • Ibsen Photonics A/S (Denmark)
      • Carl Zeiss AG (Germany)
      • Magritek (New Zealand)
      • PerkinElmer Inc. (U.S.)
      • Merck Millipore (U.S.)
      • Shimadzu Corporation (Japan)
      • Viavi Solutions (U.S.)
      • Thermo Fisher Scientific (U.S.)
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Avantes (Netherlands)
  • Agilent Technologies (U.S.)
  • Bruker Corporation (U.S.)
  • Ibsen Photonics A/S (Denmark)
  • Carl Zeiss AG (Germany)
  • Magritek (New Zealand)
  • PerkinElmer Inc. (U.S.)
  • Merck Millipore (U.S.)
  • Shimadzu Corporation (Japan)
  • Viavi Solutions (U.S.)
  • Thermo Fisher Scientific (U.S.)

Adjacent Markets