According to a new market report published by Lucintel, the future of the circular dichroism spectrometer market looks promising with opportunities in the pharmaceutical industry, government and private research organizations, and contract research organizations. The global circular dichroism spectrometer market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are increasing rate of penetration and adoption of technology in the pharmaceutical field and wide applications of CD spectrometers.
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Circular Dichroism (CD) is an absorption spectroscopy method based on the differential absorption of left and right circularly polarized light. In this market, linearly polarized light sources, circularly polarized light sources, and multiple light sources are the major product types. Lucintel forecasts that circularly polarized light sources will remain the largest product segment over the forecast period due to high demand for the product in the emerging markets, easy assembly and operation, and comparatively low price of these spectrometers.
Within this market, government and private research organizations will remain the largest end use segment over the forecast period due to an upsurge in funding from the public and private sectors for various research programs and rising number of government and private institutes and universities.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to high funding for research organizations and academic research programs and adoption of technically advanced analytical tools in the region.
Jasco, Applied Photophysics, Bio-Logic Science Instrument, On-Line Instrument Systems, and Bruker are among the major suppliers in the global circular dichroism spectrometer market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global circular dichroism spectrometer market by product, end use, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Circular Dichroism Spectrometer Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global circular dichroism spectrometer market by product, end use, and region as follows:
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
Linearly Polarized Light Sources
Circularly Polarized Light Sources
Multiple Light Sources
By End Use [Value ($ Million) shipment analysis for 2014 – 2025]:
Pharmaceutical Industry
Government and Private Research Organizations
Contract Research Organizations
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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