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Atomic Spectroscopy Market by Application and Geography – Global Forecast & Analysis 2019-2023

Atomic Spectroscopy Market by Application and Geography – Global Forecast & Analysis 2019-2023

Global Atomic Spectroscopy Market: About this market

Atomic spectroscopy is the study of the electromagnetic spectrum, which aids in the determination of elemental composition in an atom. Technavio’s atomic spectroscopy market analysis considers sales from applications including pharmaceutical and biotechnology testing, food and beverages testing, environmental testing, and others. Our analysis also considers the sales of atomic spectroscopy in Asia, Europe, North America, ROW. In 2018, the pharmaceutical and biotechnology testing segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the increasing number of research activities and clinical trials during drug development processes will play a significant role in the pharmaceutical and biotechnology testing segment to maintain its market position. Also, our global atomic spectroscopy market report looks at factors such as the surging focus on new molecule discovery for drug development in pharmaceutical industry, increased funding by government organizations for environmental testing and product safety, and technological advances in atomic spectroscopy to improve efficiency and designs. However, high cost of advanced instruments and maintenance services, stringent regulatory norms for validation, calibration, and safety of equipment, and lack of skilled professionals may hamper the growth of the atomic spectroscopy industry over the forecast period.

Global Atomic Spectroscopy Market: Overview

Technological advances in atomic spectroscopy to improve efficiency and designs

There is an increase in the demand for atomic spectroscopy systems that can perform multiple analysis at higher efficiency in a short time. This is due to the rising need for analytical testing in laboratories. Vendors are encouraged to introduce new products that can perform multi-elemental analysis, which will lead to technological advancements. Such advancements will lead to the expansion of the global atomic spectroscopy market at a CAGR of over 6% during the forecast period.

Growing use of portable spectroscopy systems in the metal producing and processing sector

Manufacturers are coming up with compact-sized analytical instruments to conduct monitoring and testing in remotely-located places. These instruments are portable in nature, which prevents the risk of contamination during sample collection and storage. They are extensively used in metal industries to analyze metallic samples. This is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global atomic spectroscopy market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of few major players, the global atomic spectroscopy market is concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading atomic spectroscopy manufacturers, that include Agilent Technologies Inc., Hitachi High-Technologies Corp., PerkinElmer Inc., Shimadzu Corp., and Thermo Fisher Scientific Inc.

Also, the atomic spectroscopy market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global healthcare market
      • Table Segments of global healthcare market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Pharmaceutical and biotechnology testing - Market size and forecast 2018-2023
      • Table Pharmaceutical and biotechnology testing - Market size and forecast 2018-2023 ($ millions)
      • Table Pharmaceutical and biotechnology testing - Year-over-year growth 2019-2023 (%)
    • Food and beverage testing - Market size and forecast 2018- 2023
      • Table Food and beverage testing - Market size and forecast 2018-2023 ($ millions)
      • Table Food safety and labeling act and regulatory organizations: Overview
      • Table Food and beverage testing - Year-over-year growth 2019-2023 (%)
    • Environmental testing - Market size and forecast 2018-2023
      • Table Environmental testing - Market size and forecast 2018-2023 ($ millions)
      • Table Environmental testing - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • Asia - Market size and forecast 2018-2023
      • Table Asia - Market size and forecast 2018-2023 ($ millions)
      • Table Asia - Year-over-year growth 2019-2023 (%)
    • ROW - Market size and forecast 2018-2023
      • Table ROW - Market size and forecast 2018-2023 ($ millions)
      • Table ROW - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Cost comparison among AAS, ICP-OES, and ICP-MS systems
      • Table Impact of drivers and challenges
  • Market trends
    • Growing use of portable spectroscopy systems in metal producing and processing sector
      • Table Portable atomic spectroscopes and their applications: Overview
    • Increasing R&D investments by analytical instrument manufacturers
      • Table R&D expenditure of spectroscopy manufacturers during FY2017-FY2018 ($ millions)
    • Rising utilization of atomic spectroscopic techniques in Alzheimer's disease diagnosis and neural health
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Agilent Technologies Inc.
      • Table Agilent Technologies Inc. - Vendor overview
      • Table Agilent Technologies Inc. - Business segments
      • Table Agilent Technologies Inc. - Organizational developments
      • Table Agilent Technologies Inc. - Geographic focus
      • Table Agilent Technologies Inc. - Segment focus
      • Table Agilent Technologies Inc. - Key offerings
    • Hitachi High-Technologies Corp.
      • Table Hitachi High-Technologies Corp. - Vendor overview
      • Table Hitachi High-Technologies Corp. - Business segments
      • Table Hitachi High-Technologies Corp. - Organizational developments
      • Table Hitachi High-Technologies Corp. - Geographic focus
      • Table Hitachi High-Technologies Corp. - Segment focus
      • Table Hitachi High-Technologies Corp. - Key offerings
    • PerkinElmer Inc.
      • Table PerkinElmer Inc. - Vendor overview
      • Table PerkinElmer Inc. - Business segments
      • Table PerkinElmer Inc. - Organizational developments
      • Table PerkinElmer Inc. - Geographic focus
      • Table PerkinElmer Inc. - Segment focus
      • Table PerkinElmer Inc. - Key offerings
    • Shimadzu Corp.
      • Table Shimadzu Corp. - Vendor overview
      • Table Shimadzu Corp. - Business segments
      • Table Shimadzu Corp. - Organizational developments
      • Table Shimadzu Corp. - Geographic focus
      • Table Shimadzu Corp. - Segment focus
      • Table Shimadzu Corp. - Key offerings
    • Thermo Fisher Scientific Inc.
      • Table Thermo Fisher Scientific Inc. - Vendor overview
      • Table Thermo Fisher Scientific Inc. - Business segments
      • Table Thermo Fisher Scientific Inc. - Organizational developments
      • Table Thermo Fisher Scientific Inc. - Geographic focus
      • Table Thermo Fisher Scientific Inc. - Segment focus
      • Table Thermo Fisher Scientific Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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