Atomic spectroscopy Market

SKU: DMMD3683 | Last Updated On: Oct 12 2022 | Available Formats

>Atomic spectroscopy Market Expected to reach a high CAGR 7.4% By 2029:

Atomic spectroscopy Market is segmented By Technology Type (Atomic absorption spectroscopy, X-Ray fluorescence spectroscopy, X-Ray diffraction spectroscopy, Inductively coupled plasma (ICP) spectroscopy, Others), By Application (Pharmaceuticals & Biotechnologys, Geochemical/Mining, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.

The Atomic Spectroscopy market is estimated to reach at a high CAGR 7.4% during the forecast period 2022-2029.

Atomic spectroscopy is primarily used to determine trace metals in many types of samples composed of inorganic or organic matrices. Atomic absorption spectroscopy and atomic emission spectroscopy are the techniques used for this purpose.

Atomic spectroscopy Market

Metrics

Details

Market CAGR

7.4%

Segments Covered

By Technology Type, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Atomic spectroscopy Market Dynamics

Assistance in drug safety course and medical research and increasing food safety interests will drive the atomic spectroscopy market

Assistance in a drug safety course and medical research will drive the atomic spectroscopy market

The base of a wide range of analytical techniques, atomic spectroscopy plays a major role that contribute data on isotope ratios and elemental concentrations. The stages of the drug development process have some background. The atomic spectroscopy plays the role in the pharmaceutical industry may be linked directly to the different stages of the development process of a drug. It is important to understand how these techniques might be encountered, examine in detail each step of the drug development process.

As per United States Federal Food And Drug Administration (USFDA), the pharmaceutical compounds/products need to be characterized completely. In all stages of the drug development process,  metals were found from drug synthesis to quality control (QC), they are used in the drug substances synthesis, as an excipient in tablets, capsules, liquids, and metal-based products are used as imaging agents and the equipment used in the manufacturing of compounds or drug substances can be a source for the trace metals. Various atomic absorption-based techniques like AAS are often used to help for the full characterization of pharmaceutical products. Atomic spectrometry enables the determination of drugs with higher sensitivity and accuracy. The method is free from interference by excipients which are present in the drug formulations.

Increasing food safety interests will drive the atomic spectroscopy market

Atomic absorption (AA) has been revealed as a key player in analyzing trace elements in foodstuffs due to the prominence of food safety in the global analytical community. An established technique of several decades,it is proving to be the technique of choice for those laboratories requiring dedicated analysis regularly. Analytical laboratories inherently demand robust and reliable methodologies and instrumentation. AA offers an ideal solution, providing excellent sensitivity, accuracy, and precision. In addition, through online sample dilution and automated standard preparation, advances in automation simplify routine tasks and offer increased productivity and sample throughput.

PerkinElmer is one of the world leader in atomic spectroscopy solutions for atomic absorption (AA), inductively coupled plasma mass spectrometry (ICP-MS)  and inductively coupled plasma optical emission spectroscopy (ICP OES). With industry standard worldwide instruments, PerkinElmer accessories, methods, consumables, and application support globally, the most demanded requirements and are the preferred choice in thousands of food laboratories.

The disadvantages related to atomic spectroscopy will hamper the market

Most atomic absorption spectroscopy  practices are geared more towards testing liquids rather than solids. This is because the substance has to be vaporized before it can be analyzed. Liquids are easier to this much more than solids. As some take a very long time to be dissolved and some do not support dissolution at all. Furthermore, the techniques which allow for solid-substance testing can not be used on non-metals. Eventhough,the equipment is more portable than previous instrumentation,  but it comes with a hefty price tag, making it unfeasible for lab use widely. Other chemicals found in the sample or in the surrounding atmosphere can have an interfering and distorting effect on the study results.

COVID-19 Impact Analysis

In laboratory experiments at the University of Illinois Chicago researchers used graphene one of the strongest, thinnest known materials to detect the SARS-CoV-2 virus. It is just one atom thick, so a molecule on its surface is relatively huge and can produce a specific change in its electronic energy. In the experiment,graphene was modified with an antibody and calibrated it to react only with the SARS-CoV-2 spike protein. It could similarly be used to detect COVID-19 variants by this method.

Atomic spectroscopy Market Segment Analysis

The atomic absorption spectroscopy segment will dominate the market

Through the application of characteristic wavelengths of electromagnetic radiation from a light source (AAS) detects elements in either solid or liquid samples. Individual elements absorb wavelengths differently, and these absorbances are measured against standards. Atomic absorption spectrometry takes advantage of the different radiation wavelengths that are absorbed by different atoms. It has an unlimited number of applications and is still a popular choice for uncomplicated trace elemental analysis. Flame atomic absorption spectrometry (FAAS) is accepted widely in many industries, which continue to utilize this technology's unique and specific benefits. An established technology known as graphite furnace atomic absorption spectrometry (GFAAS) is used for measuring elements at parts per billion (ppb or ng/l) concentrations with incredibly low sample volumes.

The main advantages of AAS are that it is relatively inexpensive and easy to use while still offering high throughput, quantitative analysis of the metal content of solids or liquids. This makes it suitable for use in a wide range of applications.

The pharmaceuticals and biotechnology segment will dominate the market

Techniques of atomic spectroscopy are being used in combination with other analytical techniques to provide pharmaceutical chemists with valuable information regarding the metal content of compounds, using high throughput screening to evaluate pharmaceutical samples and process intermediates. Atomic spectroscopy is primarily used to determine trace metals in many types of samples composed of inorganic or organic matrices . The techniques used are atomic absorption spectroscopy and atomic emission spectroscopy. In recent years, the biopharmaceuticals market has developed much faster than the market for all drugs. It is believed to have great potential for further dynamic growth because of the tremendous demand for these drugs. Biobetters, which contain altered active pharmaceutical ingredients with enhanced efficacy, will play an important role in the development of biopharmaceuticals. Optical Atomic Spectroscopy is the study of the electromagnetic spectrum of elements. In optical spectroscopy, the energy absorbed to move an electron to a more energetic level and the energy emitted as the electron moves to a less energetic energy level is in the form of a photon.

Atomic spectroscopy Market Geographical Analysis

North America region will dominate the atomic spectroscopy market

The well-developed infrastructure and technological achievements within this region will dominate the market. The US leads in discovering approved drugs by a wide margin (118 out of the 252 drugs). Traditionally, the U.S is viewed as the leader in biotechnology innovation. Over 1,200 biotech companies employ around 200,000 workers in human product development to food and agriculture services. The region with leading innovative and research biopharmaceutical companies is represented by Pharmaceutical Research and Manufacturers of America (PhRMA). It is devoted to developing and discovering medicines that enable patients to healthier, live longer, and more productive lives.

ThermoFisher Scientific’s iCE 3300 AAS Atomic Absorption Spectrometer is a simple, versatility single atomizer AAS with a fully automatic gas box. A Complete solution for laboratories with the main need to perform flame analysis but with occasional furnace samples.

Atomic spectroscopy Market Competitive Landscape

Major key players in the atomic spectroscopy market are Merck KGaA, Avantor, Inc., SAFAS Corporation, GBC Scientific Equipment, Analytik Jena AG, Shimadzu Analytical (India) Pvt. Ltd, Buck Scientific Instrument Manufacturing Company, Aurora Biomed Inc., JEOL Ltd., Rigaku Corporation, Bruker, PerkinElmer Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Zhengzhou YKinspection Enterprise Co., Ltd., Chongqing Xishan Science & Technology Co., Ltd, Guangzhou Lety Medical Limited

Atomic spectroscopy Market Key Companies to Watch

Merck KGaA

Overview:  Science is at the heart of everything they do. It drives the discoveries they make and the technologies they create Merck KGaA, Darmstadt, Germany are a vibrant science and technology company.They make a positive difference in millions of people’s lives every day. With constant curiosity and specialist approach drive, partnerships and bring new ideas to life, from advanced gene-editing technologies and to discover unique ways to treat the challenging diseases,  to enabling the intelligence of devices. Their work is fueled by their belief in science as a force for good. They work to enhance the human experience and create more joyful and sustainable ways to live. They have people at every step, helping to create, improve and prolong life. The company delivers personalized treatments for serious diseases and enable people to achieve their dream of becoming parents. They empower the scientific community. Their tools, services, and digital platform make research simpler, more exact, and help to deliver breakthroughs more quickly. Their solutions accelerate access to health by assuring tests are accurate, and the medicine people take can be trusted.

Product Portfolio: The company’s specialties are pharmaceutical, chemical, technology, and science.

Key Development: On 01 JUL 2020 Merck, a leading science and technology company, through the acquisition of RESOLUTION Spectra Systems enhanced its advanced bioprocess portfolio, a Meylan, France-based leader in bioprocess analytical monitoring. The company offers Raman spectroscopy analysis through its GMP-ready instrumentation and software.

The atomic spectroscopy market report would provide an access to an approx. 53 market data table, 47  figures and 200 pages. 

Frequently Asked Questions

What is the Projected CAGR value of the Atomic spectroscopy Market?

Atomic spectroscopy Market is expected to grow at a CAGR of 7.4% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Atomic spectroscopy Market during 2022-2029

Which is the fastest growing region in the Atomic spectroscopy Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period 

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