Market Overview:


Molecular spectroscopy refers to the study of interaction between electromagnetic radiation and molecules. It is widely used for identification of unknown substances, quantitative analysis, and characterization of chemical structure and interaction.

Key Takeaways


The Global Molecular Spectroscopy Market Growth  is expected to witness high, exhibiting CAGR of 4.2% over the forecast period 2023 to 2030, due to increasing R&D expenditure in the pharmaceutical and biotechnology industries.

Regional analysis: North America dominated the global market in 2022 and is expected to maintain its lead over the forecast period as well. This can be attributed to extensive funding for research in the region. Asia Pacific is anticipated to witness the highest growth rate owing to rising investments by key players and growing customer base in developing nations like China and India.

Key players operating in the Molecular Spectroscopy market are Thorlabs Inc., VIAVI Solutions Inc., Keit Ltd., ABB Ltd., PerkinElmer Inc., Shimadzu Corporation, Horiba Ltd., Jeol Ltd., Jasco Inc., Danaher Corporation, Merck KgaA, Bruker Corporation, Agilent Technologies, Waters Corporation, Bio-Rad Laboratories Inc., Magritek Ltd., Thermo Fischer Scientific Inc., and Buck Scientific Instrument Manufacturing Company, among others.

 

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