Raman Spectroscopy Market Growth, Overview with Detailed Analysis 2024-2030

1. RAMAN SPECTROSCOPY MARKET GLOBAL ANALYSIS REPORT 2024-230 Published by: Rahul, Marketing Head

2. Market Size & Overview: The Raman Spectroscopy Market was valued at approximately USD 694.38 million in 2023 and is projected to reach nearly USD 1,144.53 million by 2030, growing at a CAGR of 7.4% during the forecast period. Raman spectroscopy is a technique used to observe vibrational, rotational, and other low-frequency modes in a system, providing a molecular fingerprint for substance identification.

3. Market Growth & Opportunities The market's growth is primarily driven by the increasing focus on drug development within the healthcare sector and the expanding adoption of Raman spectroscopy in clinical applications. Its applications span various stages of drug discovery and identification, molecular biology research, diagnostics, preformulation studies, solid-form screening, bioanalysis, formulation analytics, process analytics, quality control, raw material verification, and counterfeit detection. The rising investments in pharmaceutical R&D further bolster the demand for Raman spectroscopy. development, including chemical Sample Request Sample Request

4. Market Segmentation by Application by Instrument ❖Pharmaceutical ❖Microscopy Raman ❖Life Science ❖FT Raman ❖Materials Science ❖Handheld & Portable Raman ❖Carbon Material ❖Semiconductor by Sampling Technique ❖Others ❖Surface Enhanced Raman Scattering (SERS) ❖Tip Enhanced Raman Scattering (TERS) ❖Others

5. Regional Analysis: North America: Dominates the Raman spectroscopy market, attributed to significant investments in pharmaceutical research and development, along with the early adoption of advanced spectroscopic techniques. Europe: Holds a substantial market share, driven by a strong focus on drug development and the presence of key pharmaceutical companies utilizing Raman spectroscopy for various applications. Asia-Pacific (APAC): Expected to witness the fastest growth during the forecast period, propelled by increasing healthcare investments, expanding pharmaceutical industries, and growing adoption of advanced analytical techniques in countries like China and India.

6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request Customized Report Request

7. Merges and Acquisition Bruker's Acquisition of Tornado Spectral Systems (January 2024): Bruker expanded its biopharma process analytical technology portfolio by acquiring Tornado Spectral Systems, a Canadian company specializing in process Raman instruments used primarily in pharmaceutical and biotech quality control applications. Fisher Scientific's Acquisition of MarqMetrix (June 2023): Thermo Fisher Scientific enhanced its Raman spectroscopy offerings by acquiring MarqMetrix, a Seattle-based developer of Raman-based spectroscopy solutions for in-line measurement. This acquisition aimed to provide customers with precise and accurate measurements throughout the manufacturing process across various industries, including biopharma and pharmaceuticals. Buy This Report Buy This Report

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