Spectroscopy is paving the path of sampling for testing purpose in varied applications including health care and medical research. In mentioned applications, spectroscopy is used as a tool for enhancing diagnostics, sensing, and disease detection. In the last few years, many advancements have evolved spectroscopes from near-IR to UV-VIS for biomedical and many other applications. Factors such as growing number of medical facilities and clinical research centers across the world to better serve the needs of patients and medical staff, and substantial investment in healthcare & pharmaceutical industries to encourage R&D in mentioned industries are contributing toward the market growth. The growth of healthcare industry is a prominent application of IR spectroscopes attributed to the rising demand for diagnosing chronic disease and for conducting medical research. With increasing number of hospital clinics, the scope of using IR spectroscopes is rising.
Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer Inc., and Bruker Corporation – Prominent Market Participants in IR Spectroscopy Market
Portable spectrometers or handheld spectrometers enable the researchers to analyze varied samples on the go. Identification of raw materials, field analysis of samples, and forensic analysis, are among the applications of portable spectroscopes. Moreover, portable spectroscopes provide analysis capabilities similar to benchtop models. In the last few years, the IR spectroscopy has witnessed the arrival of handheld/portable laser-induced breakdown spectroscopy (LIBS) and smartphone spectroscopy concentrating on medical diagnostics for low-resource areas. The emergence and capabilities of portable instruments have increased drastically in the last 20 years, along with becoming compact and lighter. Pertaining to the factors such as developments in computing power, consumer electronics, constant R&D, and manufacturing advancement for the production of instruments are contributing toward the adoption of portable spectroscopy.
Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer Inc., and Bruker Corporation are the five key players in the global IR Spectroscopy market. The listing of key players is derived by considering multiple factors such as overall revenue, current IR spectroscopy solution portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities. There are various other notable players in the global IR spectroscopy market ecosystem, such as Hitachi High-Tech Corporation, HORIBA, Ltd., JASCO, ZEISS International, and Lumex Instruments. A few of the important market initiatives and product developments from the industry are mentioned below:
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Year |
News |
Country |
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2021 |
Agilent Technologies, Inc. released MassHunter Workstation Plus 11.0, MassHunter BioConfirm, and MassHunter Networked Workstation 11.0 in order to comply with regulatory requirements from the EU EMEA and US FDA. |
North America |
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2019 |
Bruker Corporation announced that it has launched a standalone fixed Fourier transform infrared imaging microscope, FT-IR LUMOS II. The automated LUMOS II is developed to identify particles, to determine contaminations, and coatings and to reveal polymeric compositions. |
North America |
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2019 |
PerkinElmer Inc. launched DA 6200 NIR analyser, an NIR spectrometer which will allow meat and olive processors to perform quality and process control more accurately. |
North America |
