Near Infrared Spectroscopy Market Booming by Size, Revenue, Trend and Top Growing Companies 2021-2028

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Increasing need for medical treatment due to rise in prevalence of various chronic diseases is propelling near infrared spectroscopy market revenue growth

Near Infrared Spectroscopy Market Size – USD 270 Million in 2020, Market Growth – at a CAGR of 6.2%, Market Trends – Surge in application in agriculture sector”
— Emergen Research

VANCOUVER, BC, CANADA, June 30, 2022 /EINPresswire.com/ -- The global Near Infrared (NIR) spectroscopy market size is expected to reach USD 437.3 Million at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. Near infrared spectroscopy market revenue growth is driven by steady rise in demand for specific tests and improved quality results. The technology offers various advantages and is used extensively in fields such as food, pharmacy, chemicals, and agriculture which is driving market revenue growth to a significant extent currently.Near infrared spectroscopy helps in identifying healthy and infected seeds. It can also classify the degree to which seeds are infected.

Near Infrared Spectroscopy Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides market overviews, analyzes and forecasts market size and growth for the market, share, market segments and geographies, Near Infrared Spectroscopy market players, Near Infrared Spectroscopy market leading competitor revenues, profiles and market shares. The Near Infrared Spectroscopy market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.

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The research has been based mainly on the synthesis, analysis, and interpretation of information gathered from specialist sources about the Near Infrared Spectroscopy market from 2021 to 2028. The report’s section on the competition landscape offers a detailed analysis of the market shares of the top Near Infrared Spectroscopy industry players.

Key Players Profiled in the Report are:

Agilent Technologies, PerkinElmer, Thermo Fisher Scientific Inc., Bruker Corp., Hitachi Ltd., Shimadzu Corporation, Carl Zeiss AG, JASCO International Co., Ltd., Horiba Ltd., and Lumex Instruments.

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Some Key Highlights

In March 2020, trinamiX GmbH, which is a subsidiary of BASF SE, launched mobile Near Infrared (NIR) spectroscopy solution. The company makes spectroscopy affordable and accessible beyond laboratory and factory applications. trinamiX is providing all the features, such as precise data and material analytics, mobile and robust hardware, and excellent chemical and molecular expertise in a single handheld device.

Portable near infrared spectroscopy is powerful instrument which provides advantages for online, non-destructive or in situ analysis. These devices are cost-effective, small-sized, simpler, and robust with ergonomic design. The portable segment revenue is expected to register a rapid growth rate during the forecast period.

Fourier Transform InfraRed (FT-IR) spectrometer is an instrument which acquires broadband near infrared spectra. FT-IR is used in various applications due to its improved sensitivity and speed. Fourier Transform InfraRed spectroscopy is used in chemistry, biology research fields, geology, and materials.

 Furthermore, the report provides a comprehensive overview of the Near Infrared Spectroscopy market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

Read more on the global Near Infrared Spectroscopy market report here@ https://www.emergenresearch.com/industry-report/near-infrared-spectroscopy-market

Emergen Research has segmented the global near infrared spectroscopy market on the basis of modality, technology, application, and region:

Modality Outlook (Revenue, USD Million; 2018–2028)

Benchtop

Portable

Technology Outlook (Revenue, USD Million; 2018–2028)

Dispersive Infrared Spectroscopy

Fourier Transform Infrared (FT-IR) Spectroscopy

Application Outlook (Revenue, USD Million; 2018–2028)

Medical uses

Astronomical Spectroscopy

Remote Monitoring

Agriculture

Particle Measurement

Material Science

Industrial uses

Others

 Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Near Infrared Spectroscopy market expected to boost the growth of the industry in the coming years.

Key Questions Answered in the Market Report

How did the COVID-19 pandemic impact the adoption of by various pharmaceutical and life sciences companies?

What is the outlook for the impact market during the forecast period 2021-2028?

What are the key trends influencing the impact market? How will they influence the market in short-, mid-, and long-term duration?

What is the end user perception toward?


What are the key factors impacting the impact market? What will be their impact in short-, mid-, and long-term duration?


What are the key opportunities areas in the impact market? What is their potential in short-, mid-, and long-term duration?

What are the key strategies adopted by companies in the impact market?

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The global Near Infrared (NIR) spectroscopy market size is expected to reach USD 437.3 Million at a steady CAGR of 6.2% in 2028

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