IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029 (2024)

IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029

05/03/2024 12:00 -0400

Chicago, May 03, 2024 (GLOBE NEWSWIRE) -- The global IR spectroscopy market Size was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5% during the forecast period. Increase in R&D investments in healthcare and pharmaceuticals industry and continuous technological advancements in IR spectroscopy are attributed to the ever-increasing demand for IR spectroscopy system.

IR Spectroscopy Companies - Shimadzu Corporation (Japan) and ZEISS (Germany) are the Key Players

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Major IR Spectroscopy companies include:

  • Shimadzu Corporation (Japan)
  • ZEISS (Germany)
  • PerkinElmer Inc. (US)
  • Agilent Technologies, Inc. (US)
  • Bruker Corporation (US)

Shimadzu Corporation

Shimadzu Corporationis a global leader in the development and manufacturing of precision instruments, analytical and measuring equipment, and medical systems. Shimadzu's commitment to innovation is evident in its diverse range of products, spanning industries such as healthcare, pharmaceuticals, environmental science, and materials testing. The corporation's analytical and testing instruments play a pivotal role in research, quality control, and advancements in scientific understanding across various disciplines.

The company has made significant contributions to the advancement of analytical techniques, including Infrared (IR) spectroscopy. IR spectroscopy is a powerful analytical method that involves the interaction of infrared radiation with matter to study molecular vibrations, providing valuable information about the chemical composition and structure of compounds.

ZEISS

ZEISSstands as a global leader in optics and optoelectronics. With a rich heritage spanning over a century, ZEISS has consistently set industry standards in the fields of precision engineering and innovative technologies. The company excels in manufacturing optical and optoelectronic products, including lenses, microscopes, medical devices, and semiconductor manufacturing equipment. The company is committed to quality and cutting-edge research has positioned it as a trusted partner across various industries, from healthcare and life sciences to industrial manufacturing and consumer electronic.

PerkinElmer Inc.

PerkinElmer Inc.is a global leader in providing innovative solutions and services for diagnostics, life sciences, and applied services. PerkinElmer specializes in developing cutting-edge technologies and products that enable researchers, clinicians, and businesses to advance scientific discovery, improve health outcomes, and enhance overall safety. The company's diverse portfolio encompasses a wide range of offerings, including analytical instruments, reagents, consumables, software, and services. PerkinElmer's solutions span various fields, from pharmaceuticals and biotechnology to environmental monitoring and diagnostics. Leveraging its expertise in detection, imaging, and informatics,

Agilent Technologies, Inc.

Agilent Technologies, Inc.is a leader in diagnostics, life sciences, and applied chemicals markets. The company provides laboratories worldwide with services, instruments, consumables, applications, and expertise, enabling customers to gain advanced insights about their products. Agilent implements the latest technologies in its products, which keeps it ahead of its peers. Agilent has one of the broadest product portfolios of any company. Its instruments, software, and sample preparation solutions assist scientists to conduct faster, more accurate research.

Bruker Corporation

Bruker Corporationis a leading global provider of scientific instruments and solutions for various industries, including life sciences, analytical chemistry, diagnostics, and materials research. The company develops, manufactures, and distributes high-performance scientific instruments and analytical and diagnostic solutions. The company offers analytical instruments for various applications, such as nuclear magnetic resonance (NMR), infrared (IR), and X-ray spectroscopy.

IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029 (1)
IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029 (2)

About MarketsandMarkets™MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: sales@marketsandmarkets.com

IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029 (3)

05/03/2024 12:00 -0400

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IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029 (2024)

FAQs

IR Spectroscopy Market Size, Industry, Share, Growth & Trends, 2029? ›

Chicago, May 03, 2024 (GLOBE NEWSWIRE) -- The global IR spectroscopy market Size was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5% during the forecast period.

What is the use of IR spectroscopy in industry? ›

Widely used in both research and industry, infrared spectroscopy is a simple and reliable technique used for a variety of measurements and in quality control. It is especially useful in forensic science both in criminal and civil cases.

What are the real world applications of IR spectroscopy? ›

FT-IR spectroscopy finds a home in laboratory setting across almost every scientific discipline: chemistry, life sciences, and of course physics. FT-IR is also used every day in pharmaceuticals, plastics, soil preservation, semiconductors, environmental studies, art, conservation, and so much more!

What is the conclusion of IR spectroscopy? ›

Conclusion: Infrared spectroscopy is a powerful analytical technique that has numerous applications in various fields. Its ability to provide detailed information about the composition and structure of materials makes it an essential tool for researchers and scientists.

What does IR spectroscopy tell you? ›

IR is most useful in providing information about the presence or absence of specific functional groups. IR can provide a molecular fingerprint that can be used when comparing samples. If two pure samples display the same IR spectrum it can be argued that they are the same compound.

Is IR spectroscopy still used? ›

Today, the method is widely used in fields as diverse as planetary modeling, chemical characterization, climate monitoring, chemical threat detection, forensics, and disease detection, to name a few. The mid-IR spectrum ranges in wavelengths from 2.5 to 50 micrometers.

What are 3 uses of IR radiation? ›

  • It is used in heat sensitive thermal imaging cameras.
  • It is used to send signals through fibre optic cables.
  • Most remote controls operate by sending pulses of infrared.

What are the disadvantages of infrared spectroscopy? ›

Disadvantages of infrared spectoscopy
  • If a sample contains water, then infrared spectroscopy is not applicable. ...
  • There may be complications sometimes. ...
  • Infrared spectroscopy may be limited to certain conditions for quantitative analysis (where numbers and not only categories are required, such as 'N-H bond').

What is the best objective of the IR spectroscopy lab? ›

In structure determination, IR spectroscopy is an important tool. It provides valuable information on what functional groups are present or absent in the molecule. An IR spectrum can be thought of as a fingerprint for the molecule.

What is the basic principle of IR spectroscopy? ›

IR spectroscopy detects the absorption of light by a compound, in the IR region of the electromagnetic spectrum. To absorb light a molecule must have a bond within its structure that can exhibit what is referred to as a 'dipole moment' which means electrons within a bond are not shared equally.

Why is IR spectroscopy important in pharmaceutical analysis? ›

Infrared spectroscopy is a versatile method for determination of fingerprinting and identification of pharmaceutical compounds and functional groups within molecules. It measures energy absorption across the infrared frequency range.

What is the use of IR in pharmaceutical industry? ›

Infrared spectroscopy is a versatile method for determination of fingerprinting and identification of pharmaceutical compounds and functional groups within molecules. It measures energy absorption across the infrared frequency range. Gas, liquid, or solid pharmaceutical samples can be analyzed by infrared spectroscopy.

How are scientists using infrared spectroscopy in quality control of different industries? ›

Answer: Infrared spectroscopy (IR) provides a sensitive probe for specific functional groups in polymers. Especially when dealing with hydrocarbon polymers such as polystyrenes and polydienes, functional groups such as hydroxy, amine, and carbonyl can be easily detected by IR.

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