Spectrometry Market Trends, Revenue, Key Players, Growth, Share and Forecast till 2030

The global spectrometry market size reached USD 11.04 Billion in 2021 and is expected to register a revenue CAGR of 5.9% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of spectrometry instruments in industries, such as pharmaceutical and biotechnology, food & beverages, environmental testing, and drug development, as well as rapid technological advancements in the field of spectrometry methods is the major factor driving spectrometry market growth.

Numerous commercial and industrial areas use spectrometers when precise lighting properties are required to meet product specifications or statutory requirements for health and safety. Previously, spectrometers were used primarily in laboratories, testing, and metrology, but now quickly making their way into the general market for applications in food safety and healthcare monitoring.

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