Global Elemental Analysis Market 2018-2022

Below are some of the key findings from the elemental analysis market research report:

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Global elemental analysis industry overview

The increasing number of vendors focusing on offering value-added services is one of the key factors expected to trigger the market’s growth in the forthcoming years. Vendors in the global elemental analysis market are increasingly offering additional software, along with elemental analyzers, to integrate the results of the analysis successfully. The growing emphasis on data integration by major companies is likely to contribute to the growth of the elemental analysis market over the forecast period. Also, factors such as collation of other exploratory data to generate actionable insights and the software’s capability to run on an unlimited number of workstations are expected to boost the growth of the elemental analysis market. The market is projected to register a CAGR of 6% during the forecast period.

The increased adoption among academic institutions is one of the key trends expected to gain traction in the market. Institutes across the globe are adopting elemental analysis products for ascertaining elemental concentrations in a variety of matrices. Institutes are increasingly collaborating with research labs, eventually leading to improvements in research activities in the fields including proteomics, medicine, and metabolomics. Also, government organizations are increasingly funding academic institutes for acquiring the necessary equipment for a wide range of analyses. Consequently, the increased adoption of elemental analysis in academic institutions will boost the market in the forthcoming years.

Top elemental analysis companies covered in this market research report

The elemental analysis market is moderately fragmented with companies focusing on launching innovative products with improved features and specific manufacturing standards for product differentiation. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this elemental analysis industry report is constructed to aid clients to identify new growth opportunities and design innovative strategies for strengthening their position in the market.

The report offers a complete analysis of various companies including:

• Agilent Technologies
• Danaher
• PerkinElmer
• Shimadzu
• Thermo Fisher Scientific

Elemental analysis market segmentation based on geographic regions

• Americas
• APAC
• EMEA

The Americas will account for the highest elemental analysis market revenue throughout the forecast period owing to the presence of many large pharmaceutical companies using elemental analysis products for different testing and experimenting functions. The APAC region, however, will witness the fastest growth in the market due to an increase in research investments by the pharmaceutical and biotechnology companies for the development of new drugs.

Elemental analysis market segmentation based on end-user

• Pharmaceutical and biotechnology companies
• Research and academic institutes
• Others

The pharmaceutical and biotechnology companies will witness the highest elemental analysis market growth due to the introduction of organic element analysis instruments offering improved efficacy in usage. Additionally, the report will also provide an accurate prediction of the contribution of the various end-user segments to the growth of the elemental analysis market size.

Key highlights of the global elemental analysis market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the elemental analysis market during the next five years
• Precise estimation of the global elemental analysis market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the elemental analysis industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of the elemental analysis companies

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