The global spectrometry market is segmented on the basis of Technology, Application and Geography. Based on technology, the spectrometry market is segmented into Mass Spectrometry, Atomic Spectrometry, Molecular Spectrometry and Other spectrometric techniques. Currently, the molecular spectrometry segment dominates the global market whereas mass spectrometry is growing at a faster rate and is expected to overtake the other two segments by 2020. Spectrometry has wide application in various industry sectors, including Biotechnology, Pharmaceuticals, Environmental Testing, Industrial Chemistry, Food and Beverages Testing and Others.
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COVID-19 Impact Analysis:
1) The COVID-19 impact on the Spectrometry Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.
2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.
3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.
4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.
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Key Benefits for Stakeholders
- Pin-point analysis of geographic segments helps to identify opportunities for growth within the global spectrometry market
- In-depth coverage of the global spectrometry market including drivers, restraints and opportunities would help professionals to better understand market behavior
- Deep-dive analysis of market trends and key developments in the global spectrometry market would be informative for the corporate sector
- Porter’s Five Forces analysis examines the competitive structure of the global spectrometry market and would assist market strategists in their decision-making process
- Detailed study of the strategies of key leaders, partnerships and acquisitions in the global spectrometry market would be informative for stakeholders
MARKET BY TECHNOLOGY
- Mass Spectrometry
- Atomic Spectrometry
- Molecular Spectrometry
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