Thailand Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook
Thailand nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)
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Thailand nuclear magnetic resonance spectroscopy market highlights
- The Thailand nuclear magnetic resonance spectroscopy market generated a revenue of USD 5.6 million in 2023 and is expected to reach USD 8.2 million by 2030.
- The Thailand market is expected to grow at a CAGR of 5.6% 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 2023 | USD 5.6 million |
| Market revenue in 2030 | USD 8.2 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Academic |
| Fastest growing segment | Pharmaceutical & Biotech companies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Thailand accounted for 0.8% 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 Asia Pacific, Japan nuclear magnetic resonance spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 48.9 million by 2030.
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Nuclear Magnetic Resonance Spectroscopy Market Scope
Nuclear Magnetic Resonance Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand 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 48.21% in 2023. Horizon Databook has segmented the Thailand 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.
The NMR spectroscopy market in Thailand has witnessed substantial growth in recent years. This can be attributed to the strong emphasis on research and education, which has established NMR as a fundamental analytical tool across scientific disciplines.
Academic institutions and research centers in Thailand have actively integrated NMR into their research activities. Moreover, government support has played a pivotal role in fostering growth. Public investment in R&D often includes provisions for the acquisition and maintenance of NMR equipment, further bolstering its accessibility.
Furthermore, NMR spectroscopy has found crucial applications in the pharmaceutical, food, and agricultural sectors. With the growing pharmaceutical industry, NMR aids in drug development and quality control, while food and agriculture benefit from safety & quality assessments.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Thailand nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand nuclear magnetic resonance spectroscopy market size, by end use, 2018-2030 (US$M)
Thailand Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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