A recent
report published by Infinium Global Research on circular dichroism
spectrometers market provides in-depth analysis of segments and sub-segments in
the global as well as regional circular dichroism spectrometers market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional circular dichroism spectrometers market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of global circular dichroism spectrometers
market. According to the report, the global circular dichroism spectrometers
market is projected to grow at a CAGR of 5.1% over the forecast period of
2019-2025.
Circular dichroism spectrometers is an absorption device used for the
measurement of circular dichroism molecules over a different range of
wavelengths. Circular dichroism spectroscopy derives thermodynamic, kinetic and
structural information about macromolecules. Circular dichroism spectroscopy is
mostly used to study chiral molecules of all types and sizes. It is mostly used
to study biological molecules, their structure, and interactions with metals
and other molecules. The circular dichroism spectrometers are used in
formulation studies, DNA/RNA interactions, protein conformational and folding
studies, quantitative analysis of pharmaceuticals, enzyme kinetics, purity
testing of optically active substances and natural products chemistry. It is used
in biotechnology and biopharmaceutical industries.
Advancements in technologies and strategic alliances are significantly
impacting various sectors of life sciences such as pharmaceutical, biotech, and
healthcare. The rapidly expanding life sciences sector primarily drives the
growth of the circular dichroism spectrometers market. Furthermore, circular
dichroism spectrometers provide high optical throughput and accurate
measurements during characterization studies of biomolecule structure,
function, and stability under a wide variety of experimental conditions. This
factor has increased the adoption of circular dichroism spectrometers in
research laboratories that in turn fuels the growth of the market. The growing
demand for personalized medicines leads to further research involving circular
dichroism spectroscopy hence leading to the growth of circular dichroism
spectrometers market. In addition, growing advancements in drug discovery in the
pharmaceutical industries coupled with major pharmaceutical companies investing
in biotechnology companies contribute to the growth of the circular dichroism
spectrometers market. However, the foremost factor restraining the growth of
circular dichroism spectrometers market is the prevailing use of other
analytical instruments in research laboratories. Moreover, the emergence of the
biosimilar for the treatment of several chronic diseases and the growing
research fuels the growth of the circular dichroism spectrometers market.
Geographically, North America dominates the circular dichroism
spectrometers market. The factors such as increased expenditure on R&D in
healthcare, increasing occurrences of cancer and neurological diseases and
increasing demand for novel drugs facilitates the growth of the circular
dichroism spectrometers market in the North America region. The growing demand
for personalized medicines in the U.S. drives the growth of the circular
dichroism spectrometers market in the North America region. Europe is considered
as the second largest region in the circular dichroism spectrometers market
owing to growing investment in research and development of new drugs and a
growing number of clinical trials. Furthermore, the presence of key
pharmaceutical players supports the growth of the circular dichroism
spectrometers market in this region. Asia Pacific region is estimated to be the
fastest growing region owing to the rapidly developing biopharmaceutical
industry and increasing investments from several pharmaceutical giants in Asian
countries such as China and India.
The report on
global circular dichroism spectrometers market covers segments such as product,
and end-user. On the basis of product, the sub-markets include multiple light
sources, linearly polarized light sources, circularly polarized light sources,
and unpolarized light sources. On the basis of end-user, the sub-markets
include pharmaceutical industry, and research organization.
The report
provides profiles of the companies in the market such as JASCO, Bio-Logic
Science Instruments, Bruker Corporation, Applied Photophysics Ltd., On-Line
Instrument Systems, Inc., HORIBA, Ltd., and Aviv Biomedical, Inc.
The report
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of circular dichroism spectrometers market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.