Middle East & Africa Molecular Spectroscopy Market Forecast to 2030

At 3.7% CAGR, Middle East & Africa Molecular Spectroscopy Market is Speculated to be Worth US$ 140.22 Million by 2030, says the Research Team

According to the Research Team’ research, the Middle East & Africa molecular spectroscopy market was valued at US$ 104.70 million in 2022 and is expected to reach US$ 140.22 million by 2030, recording a CAGR of 3.7% from 2022 to 2030. Growing adoption and use of molecular spectroscopy and rapid growth of pharmaceutical industry are among the critical factors attributed to drive the Middle East & Africa molecular spectroscopy growth.

Molecular spectroscopy is used in the research and development (R&D) of pharmaceuticals and other biotechnological products. Near-infrared (NIR) spectroscopy is one of the types of molecular spectroscopy that has gained wide recognition in the pharmaceutical industry in recent years due to its huge advantages over other analysis techniques; it helps in effortless sample preparation and exhibits the ability to obtain chemical and physical sample parameters from a single spectrum. Raman spectroscopy is also one of the powerful analytical techniques implemented in drug discovery and pharmaceutical development. It is used to study structural activity relationships and improve reaction conditions and other parameters, such as polymorph and formulation screening, that lead to the scale required to move drug compounds from discovery to development. Further, nuclear magnetic resonance (NMR) spectroscopy is considered a robust tool, and the use of this technique for developing novel therapeutics has increased. In March 2021, Bruker Corp. announced the launch of a permanent magnet Fourier 80 system, a next-generation, 80 MHz high-performance Fourier transform NMR benchtop spectrometer used for multinuclear gradient spectroscopy with industry-standard automation options.

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

Based on product, the Middle East & Africa molecular spectroscopy market is bifurcated into instrument and accessories. The instrument segment held 83.6% market share in 2022, amassing US$ 87.51 million. It is projected to garner US$ 119.30 million by 2030 to register 3.9% CAGR during 2022–2030.

In terms of technology, the Middle East & Africa 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 26.6% share of Middle East & Africa molecular spectroscopy market in 2022, amassing US$ 27.86 million. It is anticipated to garner US$ 35.91 million by 2030 to expand at 3.2% CAGR during 2022–2030.

By application, the Middle East & Africa molecular spectroscopy market is segmented into academic and research applications, biotechnology applications, pharmaceutical applications, and others. The academic and research applications segment held 42.5% share of Middle East & Africa molecular spectroscopy market in 2022, amassing US$ 44.47 million. It is projected to garner US$ 61.97 million by 2030 to expand at 4.2% CAGR from 2022 to 2030.

Based on country, the Middle East & Africa molecular spectroscopy market is categorized into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 30.5% share of Middle East & Africa molecular spectroscopy market in 2022. It was assessed at US$ 31.95 million in 2022 and is likely to hit US$ 45.37 million by 2030, registering a CAGR of 4.5% during 2022–2030.

Key players operating in the Middle East & Africa molecular spectroscopy market are Horiba Ltd; Thermo Fisher Scientific Inc; Merck KGaA; Revvity Inc; JEOL Ltd; Shimadzu Corp; JASCO Corp; Bruker Corp; Agilent Technologies, Inc.; Oxfords Instruments plc; and Teledyne Princeton Instruments, among others.

In July 2021, Horiba Ltd, a leading manufacturer of instruments for measurement and analysis, developed a proprietary gas analysis technology named InfraRed Laser Absorption Modulation (IRLAM) and launched four new products with this technology. It is an infrared gas measurement technology that allows real-time measurement of gases that were previously difficult to measure with conventional infrared gas analysis technologies.
In February 2021, JEOL Ltd, a leading manufacturer of electron microscopes and other scientific instruments, industrial equipment, and medical equipment, released the JMS-T2000GC “AccuTOF™ GC-Alpha,” the model of AccuTOF™ GC series gas chromatograph – time-of-flight mass spectrometers. It includes two technologies, which comprise high-performance hardware and analysis software for simple, speedy operation (msFineAnalysis).

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa 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. Middle East & Africa 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 – Middle East & Africa Analysis
5.1 Molecular Spectroscopy Market Overview
5.2 Molecular Spectroscopy Market Revenue (US$ Million), 2020-2030
6. Middle East & Africa Molecular Spectroscopy 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. Middle East & Africa 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. Middle East & Africa 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. Middle East & Africa Molecular Spectroscopy Market-Country Analysis
9.1 Middle East & Africa Molecular Spectroscopy Market-Country Analysis
9.1.1 Middle East & Africa: Molecular Spectroscopy Market – Revenue and Forecast Analysis – by Country
9.1.1.1 Saudi Arabia: Overview
9.1.1.1.1 Saudi Arabia: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.1.2 Saudi Arabia: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.1.3 Saudi Arabia: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.1.4 Saudi Arabia: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.2 South Africa: Overview
9.1.1.2.1 South Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.2 South Africa: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.2.3 South Africa: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.2.4 South Africa: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.3 UAE: Overview
9.1.1.3.1 UAE: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.2 UAE: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.3.3 UAE: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.3.4 UAE: Molecular Spectroscopy Market Breakdown, by Application
9.1.1.4 Rest of Middle East & Africa
9.1.1.4.1 Overview
9.1.1.4.2 Rest of Middle East & Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.3 Rest of Middle East & Africa: Molecular Spectroscopy Market Breakdown, by Product
9.1.1.4.4 Rest of Middle East & Africa: Molecular Spectroscopy Market Breakdown, by Technology
9.1.1.4.5 Rest of Middle East & Africa: Molecular Spectroscopy Market Breakdown, by Application
10. Middle East & Africa 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 Merck KGaA
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 Revvity, Inc.
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 JEOL Ltd.
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 Shimadzu Corp
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 JASCO Corp
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 Bruker 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 Agilent Technologies, Inc.
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 Oxford Instruments plc
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 Teledyne Princeton Instruments
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
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. Saudi Arabia: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 3. Saudi Arabia: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 4. Saudi Arabia: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 5. South Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 6. South Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 7. South Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 8. UAE: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 9. UAE: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 10. UAE: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 11. Rest of Middle East & Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Product
Table 12. Rest of Middle East & Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Technology
Table 13. Rest of Middle East & Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million) – by Application
Table 14. Recent Inorganic Growth Strategies in the Molecular Spectroscopy Market
Table 15. Recent Organic Growth Strategies in the Molecular Spectroscopy Market
Table 16. 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. Middle East & Africa: Molecular Spectroscopy Market, by Key Country – Revenue (2022) (US$ Million)
Figure 21. Saudi Arabia: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. South Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. UAE: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Rest of Middle East & Africa: Molecular Spectroscopy Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Growth Strategies in the Molecular Spectroscopy Market