(PharmaNewsWire.Com, February 21, 2020 ) Factors such as stringent regulatory guidelines in the pharmaceutical & biotechnology industry; expansion of the food and beverages industry; and Increasing public-private investments in life science research are driving the reaction monitoring market.
What the Market Looks Like? Predicted to grow at a CAGR of 5.7% during the forecast period, the global Reaction Monitoring market is estimated to reach USD 1.52 Billion by the end of 2022.
“Based on technology, the spectroscopy segment is estimated to account for the largest segment of the market in 2017” On the basis of technology, the reaction monitoring market is segmented into spectroscopy, chromatography, X-ray diffraction, calorimetry, and titrimetry. The spectroscopy segment is expected to account for largest share of the reaction monitoing market in 2017.
“Based on end user, the pharmaceutical, biopharmaceutical, and biotechnology companies segment expected to account for the largest share of the market in 2017” Based on end user, the reaction monitoring market is segmented into pharmaceutical, biopharmaceutical, and biotechnology companies, life science and genomic research facilities, food and beverage industry, pollution monitoring and control industry, and other end users.
Geographical growth scenario of Reaction Monitoring Market Geographically, the reaction monitoring market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to account for the largest share of the global reaction monitoring market in 2017.
Leading market players The prominent players in the Reaction Monitoring market include Agilent (US), Danaher (US), PerkinElmer (US), Shimadzu (Japan), Thermo Fisher Scientific (US), Bio-Rad Laboratories (US), Bruker (US), Waters (US), Hitachi High-Technologies (Japan), Merck (Germany), ABB (Switzerland), Mettler-Toledo International (US) , and HORIBA (Japan).
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