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The pharmaceutical and biopharmaceutical segment captured around 41% market share in 2022, due to the rising demand for precise characterization tools. These alliances are involved in the development of advanced drug delivery systems using nanoparticles, thereby necessitating the rigorous analysis of particle size, shape, and composition.
The particle size analysis segment held a dominant share in 2022. Particle size analyzer tools are driving particle size analysis in the nanoparticle analysis market by providing rapid & accurate measurements of the nanoparticles' size distribution. For instance, in August 2023, Anton Paar launched the Litesizer DIA 500, a cutting-edge dynamic image analyzer designed to assist users across various applications such as overseeing the life cycle of abrasive materials by continuously tracking their dimensions & configurations. The Litesizer DIA 500 is capable of evaluating abrasive materials employed in processes such as metal tumbling and surface blasting by precisely measuring their particle size & shape.
North America led the global nanoparticle analysis market with a major share of around 39% in 2022. North America serves as a global epicenter for extensive research & development efforts, particularly in the field of nanotechnology. Leading academic institutions, government agencies, and private companies in the region conduct groundbreaking studies & experiments that frequently involve nanoparticles. The constant quest for innovation and scientific advancements is driving the demand for sophisticated nanoparticle analysis tools, methodologies & services, making North America a prominent & dynamic market for nanoparticle characterization.