Global Laboratory and Handheld Raman Instruments Market 2018-2022
About Laboratory and Handheld Raman Instruments
Laboratory and handheld Raman instruments are analytical instruments used to detect rotational, vibrational, and other states in a molecular system.Technavio’s analysts forecast the global laboratory and handheld raman instruments market to grow at a CAGR of 9.57% during the period 2018-2022.Covered in this report The report covers the present scenario and the growth prospects of the global laboratory and handheld raman instruments market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laboratory and Handheld Raman Instruments Market 2018-2022
Technavio recognizes the following companies as the key players in the global laboratory and handheld raman instruments market: Agilent Technologies, B&W Tek, Bruker, HORIBA, Rigaku, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing popularity of hyphenated Raman systems. The growing popularity of hyphenated Raman systems is identified as one of the key trends that will stimulate growth in the laboratory and handheld Raman instruments market until the end of 2022. Hyphenated Raman systems are also known as hybrid or combined Raman system that allows a complete analysis of the sample on a single benchtop and lowers the cost of ownership.”
According to the report, one driver in the market is advantages over other methods. The advantages of Raman instruments over other methods and devices make them a superior choice when it comes to testing the composition or nature of materials. With the introduction of handheld Raman spectrometers, the process of quality control in several sectors such as the pharmaceutical sector, the educational sector, and the industrial sector, and the industrial sector has changed drastically, particularly with respect to incoming raw materials.
Further, the report states that one challenge in the market is high cost of instruments. Laboratory and handheld Raman instruments with specific and advanced features are expensive to procure and maintain due to which their adoption can be hindered.