Europe Molecular Spectroscopy Market Forecast to 2030

At 4.5% CAGR, Europe Molecular Spectroscopy Market is Speculated to be Worth US$ 1,514.47 Million by 2030, says the Research Team

According to the Research Team’ research, the Europe molecular spectroscopy market was valued at US$ 1,062.62 million in 2022 and is expected to reach US$ 1,514.47 million by 2030, recording a CAGR of 4.5% from 2022 to 2030. Increasing use of nuclear magnetic resonance spectroscopy and rapid growth of pharmaceutical industry are among the critical factors attributed to drive the Europe molecular spectroscopy growth.

NMR is an analytical technique used for quality control and research to determine the purity of a sample with its molecular structure. NMR is a powerful tool in terms of analytical chemistry and consolidated matter science, as well as for elucidating the structure and dynamics of macromolecules. The benefits of NMR spectroscopy are that it requires less sample preparation and is a non-destructive method that preserves the molecules being studied. NMR spectroscopy has become one of the leading techniques for finding out the structure of organic compounds and is widely used in various areas such as pharmaceuticals, biotechnology, and biopharmaceuticals. In addition, NMR spectroscopy is increasingly used in biochemical and biological applications, including hit-to-lead detection, metabolite profiling, in vivo magnetic resonance spectroscopy, and magnetic resonance imaging. In recent years, NMR has been heavily incorporated into metabolomics. This rapidly growing field involves the study of metabolites to gain information about diseases. Metabolomics has traditionally focused on research applications and can prove extremely useful in laboratory diagnostics. Metabolomics can provide valuable information about downstream products of metabolic and cellular processes and provide insights into the state of specific tissues and organs. NMR spectroscopy has successfully quantified metabolite concentrations in various fluids, including urine, plasma, and serum. New developments have been made in NMR spectroscopy, driving much-needed improvements in sensitivity and versatility, and expanding the number of applications. Introducing advanced NMR diagnostic techniques to the frontline healthcare industry will likely enable rapid and cost-effective diagnosis of various diseases. As research and industry needs continue to evolve, NMR spectroscopy remains at the forefront of analytical techniques and drives growth in the spectroscopy market. In addition, molecular spectroscopy has propelled significantly due to increasing research in conservation and favorable government policies to promote environmental studies. Molecular spectroscopy is often used as an analytical tool in surveys and environmental studies. Therefore, market participants are exploring innovative molecular spectroscopy methods for various environmental studies. This is expected to continue during the forecast period and provide growth opportunities for the market.

On the contrary, shortage of technically skilled personnel and high cost of maintenance and installation hampers the growth of Europe molecular spectroscopy market.

Based on product, the Europe molecular spectroscopy market is bifurcated into instrument and accessories. The instrument segment held 85.6% market share in 2022, amassing US$ 909.45 million. It is projected to garner US$ 1,319.59 million by 2030 to register 4.8% CAGR during 2022-2030.

In terms of technology, the Europe molecular spectroscopy market is categorized into UV-Visible spectroscopy, infrared spectroscopy, nuclear magnetic resonance spectroscopy, Raman spectroscopy, Near-infrared spectroscopy, and others. The UV-Visible spectroscopy segment held 27.2% share of Europe molecular spectroscopy market in 2022, amassing US$ 289.49 million. It is anticipated to garner US$ 397.99 million by 2030 to expand at 4.1% CAGR during 2022-2030.

By application, the Europe molecular spectroscopy market is segmented into academic and research applications, biotechnology applications, pharmaceutical applications, and others. The academic and research applications segment held 42.7% share of Europe molecular spectroscopy market in 2022, amassing US$ 453.47 million. It is projected to garner US$ 673.58 million by 2030 to expand at 5.1% CAGR from 2022 to 2030.

Based on country, the Europe molecular spectroscopy market is categorized into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Our regional analysis states that the UK captured 28.3% share of Europe molecular spectroscopy market in 2022. It was assessed at US$ 300.30 million in 2022 and is likely to hit US$ 421.93 million by 2030, registering a CAGR of 4.3% during 2022-2030.

Key players operating in the Europe molecular spectroscopy market are Horiba Ltd, Thermo Fisher Scientific Inc, SILIOS Technologies SA, Merck KGaA, Revvity Inc, Ostec Instruments, JEOL Ltd, Shimadzu Corp, JASCO Corp, Bruker Corp, Agilent Technologies, Inc., Oxfords Instruments plc, and Teledyne Princeton Instruments, among others.

In December 2023, Horiba, Shimadzu Corp, a leading manufacturer of precision instruments, measuring instruments, and medical equipment, had released the IRSpirit-X series of Fourier transform infrared (FTIR) spectrophotometers, including the IRSpirit-LX, IRSpirit-TX, and IRSpirit-ZX. The entry-level IRSpirit-LX and the IRSpirit-TX have the highest sensitivity for a small FTIR3, and the IRSpirit-ZX has a capacity for stable measurements in high-temperature and high-humidity regions due to more moisture-resistant components.

In June 2023, in terms of performance, functionality, and expandability, FT/IR-4X is research-grade. It can handle high S/N, high resolution, high sensitivity detectors, extending measurement wavenumber, microscopy using a linear array detector, and quick scan. FT/IR-4X can produce high-quality data and increase productivity. The highly adjustable optical system offered by the FT/lR-6X and FT/lR-8X spectrometers can be used for almost any FTIR application, from Mid-IR measurements to intricate analysis in the farthest regions of the electromagnetic spectrum. With options including full-vacuum, gold-coated optics, quick & step scan, and FT-Raman for more sophisticated studies, the FT/lR-6X or FT/lR-8X spectrometers make it simple to conduct research-based tests.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe molecular spectroscopy market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Europe molecular spectroscopy market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe molecular spectroscopy market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Molecular Spectroscopy Market – Key Market Dynamics
4.1 Market Drivers
4.1.1 Growing Adoption and Use of Molecular Spectroscopy
4.1.2 Rapid Growth of Pharmaceutical Industry
4.2 Market Restraints
4.2.1 Shortage of Technically Skilled Personnel and High Cost of Maintenance and Installation
4.3 Market Opportunities
4.3.1 Increasing Use of Nuclear Magnetic Resonance Spectroscopy
4.4 Future Trends
4.4.1 Increase in Drug Discovery and R&D
4.5 Impact of Drivers and Restraints:
5. Molecular Spectroscopy Market – Europe Market Analysis
5.1 Molecular Spectroscopy Market Overview
5.2 Molecular Spectroscopy Market Revenue (US$ Million), 2020-2030
6. Europe Molecular Spectroscopy Market Analysis-by Product
6.1 Overview
6.2 Instrument
6.2.1 Overview
6.2.2 Instrument: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
6.3 Accessories
6.3.1 Overview
6.3.2 Accessories: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
7. Europe Molecular Spectroscopy Market Analysis – by Technology
7.1 Overview
7.2 UV-Visible Spectroscopy
7.2.1 Overview
7.2.2 UV-Visible Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Infrared Spectroscopy
7.3.1 Overview
7.3.2 Infrared Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Nuclear Magnetic Resonance Spectroscopy
7.4.1 Overview
7.4.2 Nuclear Magnetic Resonance Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Raman Spectroscopy
7.5.1 Overview
7.5.2 Raman Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Near-Infrared Spectroscopy
7.6.1 Overview
7.6.2 Near-Infrared Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
8. Europe Molecular Spectroscopy Market Analysis – by Application
8.1 Overview
8.2 Academic and Research Applications
8.2.1 Overview
8.2.2 Academic and Research Applications: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Biotechnology Applications
8.3.1 Overview
8.3.2 Biotechnology Applications: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Pharmaceutical Applications
8.4.1 Overview
8.4.2 Pharmaceutical Applications: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9. Europe Molecular Spectroscopy Market-Country Analysis
9.1 Europe Molecular Spectroscopy Market-Country Analysis
9.1.1 Europe: Molecular Spectroscopy Market – Revenue and Forecast Analysis – by Country
9.1.1.1 UK: Overview
9.1.1.1.1 UK: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.1.2 UK: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.1.3 UK: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.1.4 UK: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.2 Germany: Overview
9.1.1.2.1 Germany: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.2 Germany: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.2.3 Germany: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.2.4 Germany: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.3 France: Overview
9.1.1.3.1 France: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.2 France: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.3.3 France: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.3.4 France: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.4 Italy: Overview
9.1.1.4.1 Italy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.2 Italy: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.4.3 Italy: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.4.4 Italy: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.5 Spain: Overview
9.1.1.5.1 Spain: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.5.2 Spain: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.5.3 Spain: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.5.4 Spain: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.6 Rest of Europe: Overview
9.1.1.6.1 Rest of Europe: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.6.2 Rest of Europe: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.6.3 Rest of Europe: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.6.4 Rest of Europe: Molecular Spectroscopy Market Breakdown, by Application
10. Molecular Spectroscopy Market-Industry Landscape
10.1 Overview
10.2 Growth Strategies in the Molecular Spectroscopy Market
10.3 Inorganic Growth Strategies
10.3.1 Overview
10.4 Organic Growth Strategies
10.4.1 Overview
11. Company Profiles
11.1 HORIBA, Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Thermo Fisher Scientific Inc
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Silios Technologies SA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Merck KGaA
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Revvity, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Ostec Instruments
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 JEOL Ltd.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Shimadzu Corp
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 JASCO Corp
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Bruker Corp
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 Agilent Technologies, Inc.
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
11.12 Oxford Instruments plc
11.12.1 Key Facts
11.12.2 Business Description
11.12.3 Products and Services
11.12.4 Financial Overview
11.12.5 SWOT Analysis
11.12.6 Key Developments
11.13 Teledyne Princeton Instruments
11.13.1 Key Facts
11.13.2 Business Description
11.13.3 Products and Services
11.13.4 Financial Overview
11.13.5 SWOT Analysis
11.13.6 Key Developments
12. Appendix
12.1 About The the Reporting Teams
12.2 Glossary of Terms

LIST OF TABLES

Table 1. Molecular Spectroscopy Market Segmentation
Table 2. UK: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 3. UK: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 4. UK: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 5. Germany: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 6. Germany: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 7. Germany: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 8. France: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 9. France: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 10. France: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 11. Italy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 12. Italy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 13. Italy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 14. Spain: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 15. Spain: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 16. Spain: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 17. Rest of Europe: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 18. Rest of Europe: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 19. Rest of Europe: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 20. Recent Inorganic Growth Strategies in the Molecular Spectroscopy Market
Table 21. Recent Organic Growth Strategies in the Molecular Spectroscopy Market
Table 22. Glossary of Terms, Molecular Spectroscopy Market

LIST OF FIGURES

Figure 1. Molecular Spectroscopy Market Segmentation, by Country
Figure 2. Molecular Spectroscopy Market – Key Market Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Molecular Spectroscopy Market Revenue (US$ Million), 2020 – 2030
Figure 5. Molecular Spectroscopy Market Share (%) – by Product (2022 and 2030)
Figure 6. Instrument: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Accessories: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Molecular Spectroscopy Market Share (%) – by Technology (2022 and 2030)
Figure 9. UV-Visible Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Infrared Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Nuclear Magnetic Resonance Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Raman Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Near-Infrared Spectroscopy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Others: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Molecular Spectroscopy Market Share (%) – by Application (2022 and 2030)
Figure 16. Academic and Research Applications: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Biotechnology Applications: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Pharmaceutical Applications: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Others: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Europe: Molecular Spectroscopy Market, by Key Country – Revenue (2022) (US$ Million)
Figure 21. Europe: Molecular Spectroscopy Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 22. UK: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Germany: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. France: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Italy: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Spain: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Rest of Europe: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Growth Strategies in the Molecular Spectroscopy Market