ReportsnReports.com adds “Global Nuclear Magnetic Resonance (NMR) Spectrometer Market 2018-2022” report to its research store.
The analysts forecast global nuclear magnetic resonance (NMR) spectrometer market to grow at a CAGR of 4.82 % during the period 2018-2022. The latest trend gaining momentum in the market is Increase in use of hyphenated technology.
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Hyphenation refers to the combination of one or more functions to develop one product. It requires two individual instruments to be built under a single casing, so both can work in tandem with each other. The advent of such products has increased the adoption of LC-NMR spectrometers.
Major key players in the global nuclear magnetic resonance (NMR) spectrometer market: Agilent Technologies, Bruker, JEOL, Merck Group, and Thermo Fisher Scientific
According to the nuclear magnetic resonance (NMR) spectrometer market report, one of the major drivers for this market is Increasing focus on drug discovery and development. Pharmaceutical and biotechnology companies and research institutes are increasing their focus on drug discovery and development. This is due to the increasing prevalence of several chronic diseases. For instance, the four most prevalent chronic diseases are CVDs, cancer, chronic obstructive pulmonary disease (COPD), and type 2 diabetes.
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These diseases are caused by high blood pressure (BP), high blood cholesterol, and obesity. They are also caused due to lack of physical activity, unhealthy eating habits, and the use of tobacco. The increasing prevalence of such diseases has encouraged pharmaceutical to increase their investments in R&D to develop drugs to treat them.
Further, the nuclear magnetic resonance (NMR) spectrometer market report states that one of the major factors hindering the growth of this market is High cost of instruments. NMR spectrometers that are equipped with specific and advanced features are expensive to procure and maintain, which affects their adoption. Customizing NMR spectrometers according to the needs of the end-users will also increase their cost. On average, the cost of an NMR spectrometer ranges between $10,000 and $800,000. The total cost of ownership is the overall cost of the equipment over its lifecycle.
Key questions answered in this report:
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Few Points from List of Exhibits:
Exhibit 1: Parent market
Exhibit 2: Global molecular spectrometer market: Segments
Exhibit 3: Market characteristics
Exhibit 4: Global NMR spectrometer market: Segments
Exhibit 5: Market definition: Inclusions and exclusions checklist
Exhibit 6: Market size 2017
Exhibit 7: Validation techniques employed for market sizing 2017
Exhibit 8: Global NMR spectrometer market 2017-2022 ($ millions)
Exhibit 9: Global NMR spectrometer market: Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition: Five forces 2017
Exhibit 18: Market condition: Five forces 2022
Exhibit 19: Global NMR spectrometer market: Segmentation by end-users 2017-2022 (% share)
Exhibit 20: Comparison by end-users
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