RnRMarketResearch.com adds report “Particle Size Analysis Market by Technology (Laser Diffraction, Dynamic Light Scattering, Imaging, Coulter Principle, Nanoparticle Tracking Analysis), Industry (Healthcare, Chemical, Petroleum, Mining, Mineral, Food) & End User – Global Forecasts to 2018” to its store.
The global particle size analyzers market is estimated to grow at a CAGR of 4.9% and is expected to reach ~290 million by 2018. Compared to mature markets, the Asia-Pacific region is expected to grow at the highest CAGR of 6.0%. The growth of the particle size analyzers market is primarily triggered by factors such as the increasing application of nanotechnology, geographic expansion of market players across the globe, and the presence of stringent regulatory guidelines to comply with good manufacturing practices for traditional industries (such as healthcare, chemicals, mining, and petroleum). However, factors such as high import duties on particle size analyzers in developing countries, high cost of analyzers, and the lack of customer awareness are restraining the growth of the particle size analyzers market. Market consolidation through mergers and acquisitions, and increasing stringency of government regulations related to GMP (Good Manufacturing Practice) guidelines in developing countries such as China and India are opening new growth opportunities for players in this market.
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Based on the type of technology, the global particle size analyzers market is categorized into six segments, namely, laser diffraction, dynamic light scattering (DLS), imaging, Coulter Principle, nanoparticle tracking analysis (NTA), and others. The others segment comprises resonant mass measurement, sedimentation, sieve analysis, and laser obscuration. The laser diffraction technology segment held the largest share of the global particle size analyzers market and is poised to grow at a CAGR of 4.0% in the forecast period. Factors such as the increasing number of partnerships among market players to develop their customer base and advancements in laser diffraction particle size analyzers are stimulating the growth of the laser diffraction particle size analyzers market.
Geographically, North America (comprising the U.S. and Canada) accounted for the largest share of ~32.8% of global particle size analyzers market, followed by Europe with a share of 32.3%. A number of factors such as low energy prices, growing number of scientific researches, and the presence of stringent regulatory policies to comply with GMP (Good Manufacturing Practices) guidelines are driving the growth of the particle size analyzers market in North America. However, the gradual migration of R&D and manufacturing activities of pharmaceutical and biotechnology companies from North America to developing Asian countries is the major restraining factor for the growth of the particle size analyzers market in North America. The Asia-Pacific region is poised to grow at the highest CAGR of 6.0% in next five years. The growth of particle size analyzers in the Asia-Pacific market is propelled by factors such as the rapidly growing pharmaceutical industry and increasing government concerns towards maintaining the high quality standards for products manufactured in emerging countries.
The global particle size analyzers market is highly competitive, with a large number of global as well as local market players. As of 2013, the global particle size analyzers market was dominated by Malvern Instruments Limited (U.K.), HORIBA, Ltd. (Japan), Beckman Coulter, Inc. (U.S.), and Microtrac, Inc. (U.S.). New product launch and product development are the key growth strategies adopted by market players. Along with these strategies, expansion, partnerships, agreements, and collaborations were also adopted by a significant number of market players to strengthen their product portfolio and expand their geographic presence.
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Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis such as market share analysis; market segmentation on the basis of technology, type of dispersion, type of industry, and end users in the healthcare industry; geographic analysis and company profiles, which together comprise and discuss basic views on competitive landscape, emerging and high growth segments of the particle size analyzers market, high growth regions and their respective regulatory policies, government initiatives, and restraints, drivers, and opportunities. The above mentioned market research data, current market size, and forecast of future trends will help existing players as well as new entrants to make necessary decisions regarding product offerings, geographic focus, change in strategic approach, R&D investment for innovations in products and technologies, and levels of output, in order to remain successful.
Firms purchasing this report could use any one or combination of following strategies (market penetration, product development/innovation, market development, and competitive assessment) for reaping market share.
The report provides insights on following pointers:
- Market Penetration: Comprehensive information on major technologies offered by top players in the global particle size analyzers market. This report analyzes the particle size analyzers market by type of technology/dispersion/industry/end users in the healthcare industry across geographies
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the particle size analyzers market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various particle size analyzers across geographies
- Competitive Assessment: Assessment of market share, distribution networks, and manufacturing capabilities of leading players in the global particle size analyzers market
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