Global Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook

The nuclear magnetic resonance spectroscopy industry worldwide is expected to reach a projected revenue of US$ 1,025.3 million by 2030. A compound annual growth rate of 5.1% is expected of the worldwide nuclear magnetic resonance spectroscopy industry from 2024 to 2030.
Revenue, 2023 (US$M)
$724.7
Forecast, 2030 (US$M)
$1,025.3
CAGR, 2024 - 2030
5.1%
Report Coverage
Worldwide

Global nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)

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Global nuclear magnetic resonance spectroscopy market highlights

  • The global nuclear magnetic resonance spectroscopy market generated a revenue of USD 724.7 million in 2023 and is expected to reach USD 1,025.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.1% by 2030.
  • In terms of segment, academic accounted for a revenue of USD 338.6 million in 2023.
  • Agriculture and Food is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 724.7 million
Market revenue in 2030USD 1,025.3 million
Growth rate5.1% (CAGR from 2024 to 2030)
Largest segmentAcademic
Fastest growing segmentAgriculture and Food
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAcademic, Pharmaceutical & Biotech companies, Agriculture and Food, Chemical Industries

Other key industry trends

  • In terms of revenue, the North America accounted for 30.5% of the global nuclear magnetic resonance spectroscopy market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 48.9 million by 2030.

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Nuclear Magnetic Resonance Spectroscopy Market Companies

Name Profile # Employees HQ Website

Global nuclear magnetic resonance spectroscopy market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nuclear magnetic resonance spectroscopy market will help companies and investors design strategic landscapes.


Academic was the largest segment with a revenue share of 46.72% in 2023. Horizon Databook has segmented the Global nuclear magnetic resonance spectroscopy market based on academic, pharmaceutical & biotech companies, agriculture and food, chemical industries covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Nuclear Magnetic Resonance Spectroscopy End Use Outlook (Revenue, USD Million, 2018-2030)
    • Academic
    • Pharmaceutical & Biotech companies
    • Agriculture and Food
    • Chemical Industries
    • Others
  • Global Nuclear Magnetic Resonance Spectroscopy Product Outlook (Revenue, USD Million, 2018-2030)
    • Instruments
    • Consumables
  • Global Nuclear Magnetic Resonance Spectroscopy Type Outlook (Revenue, USD Million, 2018-2030)
    • Low-field NMR spectroscopy
    • High-field NMR spectroscopy

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  • Our clientele includes a mix of nuclear magnetic resonance spectroscopy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This global databook contains high-level insights into Global nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global nuclear magnetic resonance spectroscopy market size, by regions, 2018-2030 (US$M)

Top 10 countries: Nuclear magnetic resonance spectroscopy market size, 2023 (US$M)

Global nuclear magnetic resonance spectroscopy market share, by end use, 2023 & 2030 (%, US$M)

Nuclear magnetic resonance spectroscopy market: Opportunity assessment by country

Global nuclear magnetic resonance spectroscopy market, by region, 2023 (US$M)

Global nuclear magnetic resonance spectroscopy market size, by regions, 2018-2030 (US$M)

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