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Research Reports incorporated a definite business overview and investigation
inclines on "Molecular
Spectroscopy Market". This report likewise incorporates more
illumination about fundamental review of the business including definitions,
requisitions and worldwide business sector industry structure.
Spectroscopy is one of the most advanced and famous
analytical technologies used extensively in large number of fields, from
healthcare to manufacturing. Spectroscopy is the measurement of interaction
between radiated energies emitted by certain matter. The spectroscopy is
considered as a function of wavelength. In spectroscopic studies,
electromagnetic radiations are allowed to pass through the sample to be
analyzed; the sample molecules absorb only those wavelengths which can convert
their energy level, from ground state to excited state. The detector installed
on other side of device, records and analyzes the wavelengths which were
absorbed and their respective proportion.
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In case of molecular spectroscopy,
the given sample molecule absorbs only those wavelengths which have energies
that correspond to energy difference of occurring transition. Hence, if the
transition needs energy difference of delta E, the sample molecule will absorb
only radiation that corresponds to delta E. Further, the nature and proposition
of wavelength absorption gives the idea about the transition energies, which is
correlated and the structure of molecule is estimated.
The market of molecular spectroscopy is segmented on the basis of types of spectroscopy, such as, NMR spectroscopy (Fourier Transform NMR, continuous wave NMR, solid-state NMR), Raman Spectroscopy (FT-Raman, surface-enhancing Raman, micro-Raman, and others), UV-Visible spectroscopy (single-beam UV, array-based UV, double-beam UV), mass spectroscopy, Infrared spectroscopy (Near IR, Mid-IR, Far-IR), and others. Further the market is segmented on the basis of applications, namely, microbiology, bio and nanotechnology, pharmaceuticals, chemistry, biopharmaceuticals, food industry, manufacturing industry, environmental analysis and many others. Furthermore, the market is segmented on the basis of geography, such as, North America, Europe, Asia-Pacific and Rest of the World (RoW). Currently, North America and Europe are the most prominent markets, owing to extensive research practices. However, Asia-Pacific and some countries in RoW region are expected to show very lucrative growth in the upcoming period, owing to enhanced governmental support for research purposes and growth in research infrastructure and technologies.
The market is driven by many inflowing drivers, such as, rapid growth in penetration of technology in the R&D field of various sectors, increased demand for hyper-sophisticated analytical instrument by various global research organizations, enhanced governmental support for research purposes, increased emphasis by pharmaceutical and chemical organizations on the discovery of newer molecules, frequent rise in international standards for food and drug safety enforces the use of hyper-sophisticated equipment in industry and others. Rapid growth in R&D practices is considered as the most important driver of the market growth. For instance, according to the European Federation of Pharmaceutica Industries and Association (EFPIA), the total R&D expenditure by pharmaceutical companies in EU27 countries was around USD 41,000 million, in the year 2012. Furthermore, due to enhanced penetration of technology, the utilization and hence demand for the advanced equipment is rapidly increasing. On the other hand, major restraints include huge expenditure for initial set-up and instrumentation, high cost of maintenance, need of technically well skilled personnel and limited awareness in many countries of the world. Initial cost is the biggest hurdle in the market growth. For instance, the basic instrument of UV-Visible spectroscopy (the easiest and used method) costs around USD 5,000 to 14,000. The key opportunity includes development of cost-effective devices with enhanced accuracy of the results.
The market of molecular spectroscopy is segmented on the basis of types of spectroscopy, such as, NMR spectroscopy (Fourier Transform NMR, continuous wave NMR, solid-state NMR), Raman Spectroscopy (FT-Raman, surface-enhancing Raman, micro-Raman, and others), UV-Visible spectroscopy (single-beam UV, array-based UV, double-beam UV), mass spectroscopy, Infrared spectroscopy (Near IR, Mid-IR, Far-IR), and others. Further the market is segmented on the basis of applications, namely, microbiology, bio and nanotechnology, pharmaceuticals, chemistry, biopharmaceuticals, food industry, manufacturing industry, environmental analysis and many others. Furthermore, the market is segmented on the basis of geography, such as, North America, Europe, Asia-Pacific and Rest of the World (RoW). Currently, North America and Europe are the most prominent markets, owing to extensive research practices. However, Asia-Pacific and some countries in RoW region are expected to show very lucrative growth in the upcoming period, owing to enhanced governmental support for research purposes and growth in research infrastructure and technologies.
The market is driven by many inflowing drivers, such as, rapid growth in penetration of technology in the R&D field of various sectors, increased demand for hyper-sophisticated analytical instrument by various global research organizations, enhanced governmental support for research purposes, increased emphasis by pharmaceutical and chemical organizations on the discovery of newer molecules, frequent rise in international standards for food and drug safety enforces the use of hyper-sophisticated equipment in industry and others. Rapid growth in R&D practices is considered as the most important driver of the market growth. For instance, according to the European Federation of Pharmaceutica Industries and Association (EFPIA), the total R&D expenditure by pharmaceutical companies in EU27 countries was around USD 41,000 million, in the year 2012. Furthermore, due to enhanced penetration of technology, the utilization and hence demand for the advanced equipment is rapidly increasing. On the other hand, major restraints include huge expenditure for initial set-up and instrumentation, high cost of maintenance, need of technically well skilled personnel and limited awareness in many countries of the world. Initial cost is the biggest hurdle in the market growth. For instance, the basic instrument of UV-Visible spectroscopy (the easiest and used method) costs around USD 5,000 to 14,000. The key opportunity includes development of cost-effective devices with enhanced accuracy of the results.
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This research report
analyzes this market depending on its market segments, major geographies, and
current market trends. Geographies analyzed under this research report
include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This
report provides pin-point analysis for changing competitive dynamics
- It
provides a forward looking perspective on different factors driving or
restraining market growth
- It
provides a technological growth map over time to understand the industry
growth rate
- It
provides a seven-year forecast assessed on the basis of how the market is
predicted to grow
- It
helps in understanding the key product segments and their future
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