Argentina Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook

The nuclear magnetic resonance spectroscopy market in Argentina is expected to reach a projected revenue of US$ 2.7 million by 2030. A compound annual growth rate of 8.5% is expected of Argentina nuclear magnetic resonance spectroscopy market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.5
Forecast, 2030 (US$M)
$2.7
CAGR, 2024 - 2030
8.5%
Report Coverage
Argentina

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

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Argentina nuclear magnetic resonance spectroscopy market highlights

  • The Argentina nuclear magnetic resonance spectroscopy market generated a revenue of USD 1.5 million in 2023 and is expected to reach USD 2.7 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
  • In terms of segment, academic was the largest revenue generating end use in 2023.
  • Pharmaceutical & Biotech companies is the most lucrative end use segment registering the fastest growth during the forecast period.


Nuclear magnetic resonance spectroscopy market data book summary

Market revenue in 2023USD 1.5 million
Market revenue in 2030USD 2.7 million
Growth rate8.5% (CAGR from 2024 to 2030)
Largest segmentAcademic
Fastest growing segmentPharmaceutical & Biotech companies
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAcademic, Pharmaceutical & Biotech companies, Agriculture and Food, Chemical Industries


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.2% of the global nuclear magnetic resonance spectroscopy market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil nuclear magnetic resonance spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 2.7 million by 2030.

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Nuclear Magnetic Resonance Spectroscopy Market Companies

Name Profile # Employees HQ Website
QOneTec View profile 11-50 Dietlikon, Zurich, Switzerland, Europe https://www.qonetec.com
Anasazi Instruments View profile 11-50 New Palestine, Indiana, United States, North America https://www.aiinmr.com
Magritek Ltd View profile 51-100 Aachen, Nordrhein-Westfalen, Germany, Europe http://www.magritek.com
Nanalysis Scientific Corp Ordinary Shares View profile 107 Bay 105, 90 Freeport Blvd. NE, Calgary, AB, Canada, T3J 5J9 https://www.nanalysis.com
Oxford Instruments PLC View profile 1871 Tubney Woods, Abingdon, Oxfordshire, United Kingdom, OX13 5QX https://www.oxinst.com
Jeol Ltd View profile 3351 1-2, Musashino 3-chome, Akishima, Tokyo, Japan, 196-8558 http://www.jeol.co.jp
Bruker Corp View profile 9707 40 Manning Road, Billerica, MA, United States, 01821 https://www.bruker.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com

Argentina 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 40% in 2023. Horizon Databook has segmented the Argentina 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.


Argentina is considered an emerging market in biologics development, as per the Information Technology and Innovation Foundation. Hence, the country is anticipated to offer moderate opportunities for NMR spectroscopy tools.

However, the increasing prevalence of chronic diseases, including cancer, and the rising R&D activities by several public & private organizations are anticipated to boost the demand for NMR spectroscopy products.

The low affordability of advanced NMR spectroscopy systems in the country and limited spending in the pharmaceutical & biotechnology R&D sector might limit the NMR spectroscopy market growth in Argentina.

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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Argentina nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina End Use - Nuclear Magnetic Resonance Spectroscopy Market size, 2023 - 2030 (US$M)

Argentina Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)

Argentina End Use - Nuclear Magnetic Resonance Spectroscopy Market size, 2023 - 2030 (US$M)

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