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Portable Analytical Instruments Global Market to Reach $10.7 Billion by 2030: Increasing Healthcare Expenditure Contributes Significantly to Market Growth
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 ResearchAndMarkets.com'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 | Details |
No. of Pages | 226 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $8.4 Billion |
Forecasted Market Value (USD) by 2030 | $10.7 Billion |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Portable Analytical Instruments: A Prelude
Portable Spectroscopic Analysis: A Lucrative Segment in the Market
Portable Analytical Instruments - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Low Cost and Ease of Operation of Portable Analytical Instruments: Key Advantages Driving Market Growth
Surge in Demand for Portable Instruments and Increasing Investments in Pharmaceutical R&D Leads to Market Growth
Global Pharmaceutical R&D Market: Spending in US$ 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
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/yg3htt
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