Spectrometry Market Major Companies, Revenue Analysis, Till 2035
Spectrometry Market OverviewThe novel spectrometry market (instruments) is estimated to be worth $4.6 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 8% during the forecast period, with mass spectrometry market holding the largest market share.
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Over time, spectroscopy has emerged as an important analytical tool for accurate and rapid analysis of compounds. It finds applications in research activities in food, biotechnology, pharmaceutical and environmental industry. Spectroscopic instruments provide information on electronic and optical properties, chemical composition and crystallinity of compounds.
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