Mobile and Portable Spectrometers Market Analysis

The global mobile and portable spectrometers market is segmented and analyzed for demand and supply by type into optical spectrometer, mass spectrometer, and fluorescence spectrometer. Out of these three types of segments, the optical spectrometer segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the growing use of optical spectrometers to measure the mass-to-charge ratio of ions, along with the rising forensic analysis, and rising environmental testing worldwide. For instance, it is observed that, in the United States, with most techniques used in forensic analysis, on average the rate of forensic accuracy is considered between 65% to 75%.

The global mobile and portable spectrometers market is also segmented and analyzed for demand and supply by application into material chemistry, life science, drug discovery, food & agriculture, nanotechnology, forensic science, and others. Amongst these segments, the life science segment is expected to garner a significant share in the coming years. The growth of the segment can be attributed to the significant surge in clinical lab testing across the globe. For instance, every year, over 8 billion clinical lab tests are carried out in the United States. Since more diagnostics and medical resources are being deployed in medical labs to identify metabolic issues with proteins or biomarkers. Hence, the life science segment is estimated to garner a significant market size over to forecast period. On the other hand, the drug discovery segment is projected to witness notable CAGR during the forecast period, owing to the expanding use of portable spectrometer in the drug research and development sector. Medicinal chemists typically employ such spectrometers to record and observe chemical processes while conducting drug production and product validation. This, as a result, is anticipated to create numerous opportunities for the growth of the segment in the coming years.

Our in-depth analysis of the global mobile and portable spectrometers market includes the following segments: