Asia Pacific Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook
Asia Pacific nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)
Related Markets
Asia Pacific nuclear magnetic resonance spectroscopy market highlights
- The Asia Pacific nuclear magnetic resonance spectroscopy market generated a revenue of USD 179.6 million in 2023.
- The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, academic was the largest revenue generating end use in 2023.
- Agriculture and Food is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 179.6 million |
| Market revenue in 2030 | USD 258.7 million |
| Growth rate | 5.4% (CAGR from 2024 to 2030) |
| Largest segment | Academic |
| Fastest growing segment | Agriculture and Food |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Academic, Pharmaceutical & Biotech companies, Agriculture and Food, Chemical Industries |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.8% of the global nuclear magnetic resonance spectroscopy market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 258.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nuclear Magnetic Resonance Spectroscopy Market Scope
Nuclear Magnetic Resonance Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 44.21% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific is expected to grow at an exponential CAGR during the forecast period. Growth in the region can be attributed to the expansion of the pharmaceutical & biotechnology industries in emerging economies, such as China and India.
The robust growth is further propelled by consistent government support for the advancement of the pharmaceutical sector in developing nations. Furthermore, the continuous innovations in cancer and infectious diseases are expected to drive the NMR spectroscopy market growth in this region.
Asia Pacific NMR spectroscopy market is further driven by the growing incidence of chronic diseases and surging use of NMR devices in various applications such as diagnostics and drug development. Furthermore, increased cost of NMR equipment and limitations of NMR spectroscopy might impede market expansion.
Reasons to subscribe to Asia Pacific nuclear magnetic resonance spectroscopy market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific nuclear magnetic resonance spectroscopy market databook
-
Our clientele includes a mix of nuclear magnetic resonance spectroscopy market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific nuclear magnetic resonance spectroscopy market size, by country, 2018-2030 (US$M)
Asia Pacific Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
