The global market for Nuclear Magnetic Resonance (NMR) Spectroscopy was estimated at US$703.5 Million in 2023, and is projected to reach US$944.5 Million by 2030, growing at a CAGR of 4.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the NMR spectroscopy market is driven by several factors, including increasing demand for advanced analytical techniques in pharmaceuticals, biotechnology, and chemical research, as well as technological innovations in NMR instrumentation. The pharmaceutical industry relies heavily on NMR for drug discovery, structural elucidation, and quality control, driving significant market demand. The rising complexity of biologics and the need for detailed structural characterization in biotechnology also contribute to market growth. Technological advancements, such as the development of higher field magnets and enhanced probe technology, have improved the performance and versatility of NMR systems, attracting a broader user base. Additionally, the growing emphasis on academic and industrial research in chemical and material sciences fuels the demand for sophisticated analytical tools like NMR spectroscopy. Expanding applications in fields such as metabolomics and food science further support the market, as researchers seek to unravel complex biochemical pathways and ensure food safety and quality. These factors collectively underscore the robust expansion of the NMR spectroscopy market globally.
The growth in the NMR spectroscopy market is driven by several factors, including increasing demand for advanced analytical techniques in pharmaceuticals, biotechnology, and chemical research, as well as technological innovations in NMR instrumentation. The pharmaceutical industry relies heavily on NMR for drug discovery, structural elucidation, and quality control, driving significant market demand. The rising complexity of biologics and the need for detailed structural characterization in biotechnology also contribute to market growth. Technological advancements, such as the development of higher field magnets and enhanced probe technology, have improved the performance and versatility of NMR systems, attracting a broader user base. Additionally, the growing emphasis on academic and industrial research in chemical and material sciences fuels the demand for sophisticated analytical tools like NMR spectroscopy. Expanding applications in fields such as metabolomics and food science further support the market, as researchers seek to unravel complex biochemical pathways and ensure food safety and quality. These factors collectively underscore the robust expansion of the NMR spectroscopy market globally.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Instruments Component segment, which is expected to reach US$723.5 Million by 2030 with a CAGR of a 4.0%. The Reagents & Consumables Component segment is also set to grow at 5.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $191.7 Million in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $193.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Nuclear Magnetic Resonance (NMR) Spectroscopy Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Nuclear Magnetic Resonance (NMR) Spectroscopy Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Nuclear Magnetic Resonance (NMR) Spectroscopy Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Air Products and Chemicals, Inc, Bruker Corporation, Conduct Science, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Air Products and Chemicals, Inc
- Bruker Corporation
- Conduct Science
- Covalent Metrology Corp
- Element Materials Technology
- Eurofins Scientific SE
- FUJIFILM Wako Chemicals U.S.A.
- JEOL Ltd.
- Linde plc
- Lucideon Limited
- Merck Millipore GmbH
- Nanalysis Scientific Corp
- Oxford Instruments plc
- Tabor Electronics Ltd
- Thermo Fisher Scientific Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Air Products and Chemicals, Inc
- Bruker Corporation
- Conduct Science
- Covalent Metrology Corp
- Element Materials Technology
- Eurofins Scientific SE
- FUJIFILM Wako Chemicals U.S.A.
- JEOL Ltd.
- Linde plc
- Lucideon Limited
- Merck Millipore GmbH
- Nanalysis Scientific Corp
- Oxford Instruments plc
- Tabor Electronics Ltd
- Thermo Fisher Scientific Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 366 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 703.5 Million |
| Forecasted Market Value ( USD | $ 944.5 Million |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
