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Portable Analytical Instruments Global Market to Reach $10.7 Billion by 2030: Increasing Healthcare Expenditure Contributes Significantly to Market Growth

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Global Market for Portable Analytical Instruments

Global Market for Portable Analytical Instruments
Global Market for Portable Analytical Instruments

Dublin, Feb. 22, 2023 (GLOBE NEWSWIRE) -- The "Portable Analytical Instruments: Global Strategic Business Report" report has been added to's offering.

The global market for Portable Analytical Instruments estimated at US$8.4 Billion in the year 2022, is projected to reach a revised size of US$10.7 Billion by 2030, growing at a CAGR of 3% over the analysis period 2022-2030.

Spectroscopic Analysis, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$6.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Elemental Analysis segment is readjusted to a revised 2.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 5.1% CAGR

The Portable Analytical Instruments market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.

Select Competitors (Total 47 Featured) -

  • B&W Tek, Inc.

  • Bruker Corporation

  • Danaher Corporation

  • Horiba Ltd.

  • Jasco, Inc.

  • Shimadzu Corporation

  • Spectris PLC

  • Teledyne Technologies Inc.

  • Thermo Fisher Scientific, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Report Metrics:

Report Attribute


No. of Pages


Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$8.4 Billion

Forecasted Market Value (USD) by 2030

$10.7 Billion

Compound Annual Growth Rate


Regions Covered


Key Topics Covered:




  • Influencer Market Insights

  • World Market Trajectories

  • Portable Analytical Instruments: A Prelude

  • Portable Spectroscopic Analysis: A Lucrative Segment in the Market

  • Portable Analytical Instruments - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession



  • Low Cost and Ease of Operation of Portable Analytical Instruments: Key Advantages Driving Market Growth

  • Surge in Demand for Portable Instruments and Increasing Investments in Pharmaceutical R&D Leads to Market Growth

  • Global Pharmaceutical R&D Market: Spending in US$ Billion for the Years 2017, 2019, 2021, 2023 and 2025

  • Increasing Healthcare Expenditure Contributes Significantly to Market Growth

  • Global Healthcare Spending in US$ Trillion for the Years 2014, 2016, 2018, 2020 and 2022

  • Increasing Need for Food Testing Equipment amidst Rising Rate of Diseases and Environmental Concerns Drives Demand Portable Analytical Instrument

  • Global Food Safety Testing Market: Breakdown of Revenues in US$ Billion for the Years 2017, 2019, 2021, 2023 and 2025

  • Industry Initiatives towards Development of Novel Products Drives Demand

  • Portable Analytical Instruments: Challenges

  • Product Overview

  • Portable Analytical Instruments: Definition

  • Portable Analytical Instruments by Technology

  • Spectroscopic Analysis

  • Elemental Analysis




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