
Carbon-13 Market Size, Share, Trends, Industry Analysis Report: By Purity (98%-99% and >99%), Application, End User, and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) – Market Forecast, 2024 - 2032
Description
Carbon-13 Market Size, Share, Trends, Industry Analysis Report: By Purity (98%-99% and >99%), Application, End User, and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) – Market Forecast, 2024 - 2032
The global carbon-13 market size is expected to reach USD 125.72 million by 2032, according to a new study by Polaris Market Research. The report “Carbon-13 Market Size, Share, Trends, Industry Analysis Report: By Purity (98%-99% and >99%); Application; End-user; and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) – Market Forecast, 2024 - 2032.” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The primary driver of the carbon-13 market is the expanding use of nuclear magnetic resonance (NMR) spectroscopy, where Carbon-13 is essential for the detailed analysis of molecular structures. NMR spectroscopy relies on the magnetic properties of nuclei, and Carbon-13, with its nuclear spin properties, is particularly useful for providing detailed information about the structure, dynamics, reaction state, and chemical environment of molecules.
In addition to NMR spectroscopy, the healthcare sector is a major growth area for carbon-13. The isotope is increasingly used in non-invasive diagnostic procedures, such as breath tests, which are employed to diagnose various gastrointestinal disorders, including infections by Helicobacter pylori (H. pylori), which is linked to peptic ulcer disease and gastric cancer.
Technological advancements in production processes are expected to reduce costs over time, making carbon-13 more accessible to a broader range of users. Innovations in isotope separation techniques, as well as scaling up production capacities, may help alleviate some of the supply chain constraints and reduce the overall cost of carbon-13, thus expanding its market potential. Additionally, the expanding middle class and increasing healthcare spending are likely to boost the demand for advanced diagnostic tools, including those utilizing Carbon-13.
Carbon-13 Market Report Highlights
- The 98%-99% segment dominated the market in 2023 due to the expansion of applications in organic synthesis and materials science, where slightly lower purity levels suffice while still providing satisfactory results.
- The magnetic resonance imaging (MRI) segment is estimated to grow at the highest CAGR due to the expansion of healthcare infrastructure and technological advancements in imaging capabilities. Additionally, the rising prevalence of chronic diseases, alongside an aging population, significantly boosts the demand for effective imaging solutions such as MRI.
- North America dominated the carbon-13 market in 2023 due to the presence of advanced research institutions and pharmaceutical companies. Furthermore, the increasing emphasis on personalized medicine and advanced diagnostics has bolstered demand for carbon-13 in North America.
- The market in Asia Pacific is expected to expand at a high CAGR in the coming years owing to rapid industrialization and a growing emphasis on healthcare advancements. Additionally, significant government initiatives aimed at enhancing healthcare infrastructure are propelling the market.
- The global key market players include China Isotope & Radiation Corporation, Merck KGaA, Shanghai Chemical Industry Research Institute Co., Ltd., Cambridge Isotope Laboratories, Inc., Trace Sciences International, ISOFLEX, MedChemExpress, BuyIsotope, Avanti Polar Lipids, and Qmx Laboratories Ltd.
By Purity Outlook (Revenue, USD million, 2020 - 2032)
- 98%-99%
- 99%.
- Nuclear Magnetic Resonance (NMR) Spectroscopy
- Magnetic Resonance Imaging (MRI)
- Carbon Dating
- Breath Test
- Other
- Healthcare
- Chemicals
- Academia and Research Institutions
- Environmental Agencies
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
116 Pages
- Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objectives of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
- 1.2 Stakeholders
- Chapter 2. Executive Summary
- Chapter 3. Research Methodology
- 3.1 Overview
- 3.1.1 Data Mining
- 3.2 Data Sources
- 3.2.1 Primary Sources
- 3.2.2 Secondary Sources
- Chapter 4. Carbon-13 Market Insights
- 4.1 Carbon-13 – Industry snapshot
- 4.2 Carbon-13 Market Dynamics
- 4.2.1 Drivers and Opportunities
- 4.2.1.1 The increasing demand for Nuclear Magnetic Resonance (NMR) spectroscopy
- 4.2.1.2 The growing use of Carbon-13 in non-invasive diagnostic procedures
- 4.2.2 Restraints and Challenges
- 4.2.2.1 High Production Costs
- 4.3 Carbon-13 Market – Porter’s Five Forces
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Threats of New Entrants
- 4.3.3 Bargaining Power of Buyers
- 4.3.4 Threat of Substitutes
- 4.3.5 Rivalry among existing firms (High)
- 4.4 Carbon-13 Market – PEST Analysis
- 4.5 Carbon-13 Market – Covid-19 Impact Analysis
- 4.6 Carbon-13 Market – Industry Trends
- Chapter 5. Carbon-13 Market Assessment by Purity
- 5.1 Introduction
- 5.2 98%-99%
- 5.3 >99%
- Chapter 6. Carbon-13 Market Assessment by Application
- 6.1 Introduction
- 6.2 Nuclear Magnetic Resonance (NMR) Spectroscopy
- 6.3 Magnetic Resonance Imaging (MRI)
- 6.4 Carbon Dating
- 6.5 Breath Test
- 6.6 Other Applications
- Chapter 7. Carbon-13 Market Assessment by End User
- 7.1 Introduction
- 7.2 Healthcare
- 7.3 Chemicals
- 7.4 Academia and Research Institutions
- 7.5 Environmental Agencies
- Chapter 8. Carbon-13 Market Assessment by Region
- 8.1 Introduction
- 8.2 Carbon-13 Market – North America
- 8.2.1 Carbon-13 Market – US
- 8.2.2 Carbon-13 Market – Canada
- 8.3 Carbon-13 Market – Europe
- 8.3.1 Carbon-13 Market – Germany
- 8.3.2 Carbon-13 Market – UK
- 8.3.3 Carbon-13 Market – France
- 8.3.4 Carbon-13 Market – Italy
- 8.3.5 Carbon-13 Market – Spain
- 8.3.6 Carbon-13 Market – Netherlands
- 8.3.7 Carbon-13 Market – Austria
- 8.4 Carbon-13 Market – Asia Pacific
- 8.4.1 Carbon-13 Market – China
- 8.4.2 Carbon-13 Market – India
- 8.4.3 Carbon-13 Market – Japan
- 8.4.4 Carbon-13 Market – South Korea
- 8.5 Carbon-13 Market – Latin America
- 8.5.1 Carbon-13 Market – Brazil
- 8.5.2 Carbon-13 Market – Mexico
- 8.6 Carbon-13 Market – Middle East & Africa
- 8.6.1 Carbon-13 Market – Saudi Arabia
- 8.6.2 Carbon-13 Market – UAE
- Chapter 9. Competitive Landscape
- 9.1 Key Market Players: Categorization
- 9.2 Strategy Framework
- 9.3 Vendor Landscape
- Chapter 10. Company Profiles
- 10.1 China Isotope & Radiation Corporation
- 10.1.1 Business Overview
- 10.1.2 Financial Snapshot
- 10.1.2.1 Revenue by Market Segment
- 10.1.3 Products Benchmarking
- 10.2 Cambridge Isotope Laboratories, Inc.
- 10.2.1 Business Overview
- 10.2.2 Products Benchmarking
- 10.3 Shanghai Chemical Industry Research Institute Co., Ltd.
- 10.3.1 Business Overview
- 10.3.2 Products Benchmarking
- 10.4 Trace Sciences International
- 10.4.1 Business Overview
- 10.4.2 Products Benchmarking
- 10.5 ISOFLEX USA
- 10.5.1 Business Overview
- 10.5.2 Products Benchmarking
- 10.6 Merck KGaA
- 10.6.1 Business Overview
- 10.6.2 Financial Snapshot
- 10.6.2.1 Net Sales by Business Segments
- 10.6.2.2 Net Sales by Region
- 10.6.3 Product & Services Benchmarking
- 10.7 MedChemExpress
- 10.7.1 Business Overview
- 10.7.2 Product & Services Benchmarking
- 10.8 BuyIsotope (Neonest AB)
- 10.8.1 Business Overview
- 10.8.2 Product & Services Benchmarking
- 10.9 Avanti Polar Lipids (Croda International Plc)
- 10.9.1 Business Overview
- 10.9.2 Product & Services Benchmarking
- 10.10 Qmx Laboratories Ltd.
- 10.10.1 Business Overview
- 10.10.2 Product & Services Benchmarking
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