Global Portable Analytical Instrument Market: Product Segmentation and Forecasts by Technavio

LONDON–(BUSINESS WIRE)–#LabEquipment–According to the latest market study released by Technavio,
the global
portable analytical instrument market
is expected to grow
at a CAGR of close to 6% during the forecast period.


This research report titled ‘Global
Portable Analytical Instrument Market 2017-2021
’ provides an
in-depth analysis of the market in terms of revenue and emerging market
trends. This report also includes an up to date analysis and forecasts
for various market segments and all geographical regions.

“The global portable analytical instrument market is expected to grow
at a steady rate owing to the increased usage of these devices across
various industries to ensure product quality and brand integrity.
Various end-users utilize these analyzers to combat product
contamination and improve product quality,”
says Krishna
Venkataramani, a lead analyst at Technavio for lab
equipment
research.

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The market research analysis categorizes the global portable analytical
instrument market into three major product segments. They are:

  • Spectrometers
  • Gas and TOC analyzers
  • Thermal Analyzers

Spectrometers

Handheld spectrometers are the most widely manufactured and utilized
portable analytical instruments, due to the ease of understanding the
detection principle used in various spectroscopic techniques.

According to the National Health Service (NHS), good manufacturing
practice (GMP) is the minimum standard that the medicine manufacturers
must meet in their production processes. They must ensure that the
products are of consistently high-quality, they are appropriate for
their intended use, and meet the requirements of the marketing
authorization or product specification. These practices are essential
for multiple industries such as the food and beverage, and
pharmaceutical industries. The portable spectrometers ensure that these
practices are met by identifying and quantifying raw materials,
intermediates, and finished products on-site in seconds.

Gas and TOC analyzers

Industries need to check their gas emissions in pre-defined permissible
levels continuously to comply with various environmental regulations.
The portable gas analyzers offer cost-effective solutions to various
industries and environmental monitoring organizations to keep levels of
harmful gases in check. Emission standards are determined for gases such
as nitrogen dioxide by burning fuel at high temperatures and comparing
them with pre-analyzed standard results.

“TOC analyzers have become critical instruments for industries such
as pharmaceutical, manufacturing and power generation, as detecting the
presence of organic contaminants and quantifying their concentration can
help to protect consumers, industries, and the environment,”
says
Krishna.

Thermal Analyzers

APAC market is the focal point of growth for portable thermal analyzers
due to the enhanced expertise of professionals in this domain. Along
with using their experience from allied fields, vendors in this market
have developed many portable analyzers, which support various industries
in this region. Key vendors in the region such as Shimadzu have
been developing thermal analyzers since 1958 and have been updating
technologies according to changing market needs. The portable thermal
analyzers such as the DSC-60 series from Shimadzu have supported
research in rubber and plastic materials, and battery and electronic
parts, which have enabled end-users to make informed decisions in their
respective businesses.

The top vendors highlighted by Technavio’s market research analysts in
this report are:

  • Agilent Technologies
  • Bruker
  • Danaher
  • Shimadzu
  • Thermo Fisher Scientific

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About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.

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