Nanoparticle Analysis Market size worth over $4 Bn by 2028

Nanoparticle Analysis Market size is set to cross USD 4 billion by 2028, according to a new research report by Global Market Insights Inc.
 

Growing adoption of silver nanoparticles in the medical sector is fueling the nanoparticle analysis industry growth. The rising digitalization and advancements in the medical sector have created a high demand for silver nanoparticles in medical devices. The medical applications of silver nanotechnology are rapidly expanding owing to the increasing use of antibacterial agents in burns and chronic wound therapies. The companies in the medical & healthcare industry are building strategic partnerships with manufacturers to procure high-precision & energy-efficient medical devices.
 

The high cost associated with the procurement of nanoparticle analysis instruments is hampering nanoparticle analysis market growth. Nanoparticle size must be precisely & comprehensively characterized to regulate its properties and comprehend its potential in new applications. The instruments are integrated with highly complex components, such as sensors, modulators, correlators, and other electronic components, to assess these characteristics, resulting in an overall price rise.
 

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Ongoing technological advancements in X-ray diffraction systems

The X-ray diffraction segment held more than 20% of the market share in 2021 and is projected to generate a revenue of around USD 1 billion by 2028. The segment growth can be accredited to the rising demand from several industrial verticals including engineering, material science, and environmental science for the identification of unknown crystalline materials. Manufacturers of advanced ceramics use this technique to check product quality & consistency. Industry participants are proactively focusing on developing advanced nanoparticle analysis systems to improve proficiency and gain a competitive advantage.
 

Browse key industry insights spread across 239 pages with 173 market data tables and 30 figures & charts from the report, “Nanoparticle Analysis Market Size By Technology (Dynamic Light Scattering, Laser Diffraction, Nanoparticle Tracking Analysis, Resonant Mass Measurement, Microscopy, X-Ray Diffraction), By Analysis Type (Particle Size Analysis, Particle Concentration Analysis, Zeta Potential Analysis, Molecular Structure Analysis, Particle Shape Analysis, Molecular Weight Analysis, Flow Property Analysis), By Application (Pharmaceutical & Biopharmaceutical Companies, Academic Research Institutions, Public & Private Research Institutions, Medical Device Companies), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/nanoparticle-analysis-market
 

Increased demand for dynamic image analyzers for particle shape analysis

The particle shape analysis segment in the nanoparticle analysis market will display a CAGR of over 6.5% through 2028. This growth can be credited to numerous advantages such as simplified identification of nanoparticle shapes, adaptability to in-line processes, and provision for image analysis of each measured sample. It utilizes particle morphology, which provides crucial information regarding test samples and their physical shape attributes. Several market participants are focusing on developing image processing systems to analyze nanoparticle shapes.
 

Favorable government initiatives to promote R&D activities in the pharmaceutical sector

The pharmaceutical & biopharmaceutical segment captured nearly 40% of the nanoparticle analysis market share 2021 due to increasing government efforts to propel nanotechnology research in the pharmaceutical industry. For instance, in February 2022, the European Commission announced the completion of the Strengthening Nanoscience and Nanotechnology Research project at CEITEC (SINNCE). The Czech Republic (CR) invested USD 1.9 million in this project to promote infrastructure-related nanoscience & nanotechnology research at CEITEC, a renowned research organization in the Czech Republic, for the continued expansion of pharmaceutical and infrastructural businesses.
 

Increasing efforts from major players to accelerate nanoparticle analysis research in North America

The North America nanoparticle analysis market is expected to showcase above 6% growth rate through 2028. The presence of key players, such as Beckman Coulter, Agilent Technologies, Inc., Microtrac, INC., and Wyatt Technology Corporation, is anticipated to propel the popularity of nanoparticle analysis in the region. These companies have used strategies, such as collaborations, partnerships, agreements, and new product developments, to obtain a competitive advantage in the region.
 

The major companies in the nanoparticle analysis market include Hitachi, Ltd., Shimadzu Corporation, Horiba Ltd., Bruker Corporation, Agilent Technologies, Inc., Thermo Fisher Scientific, and JEOL, Ltd. These players are constantly adopting new strategies, such as new product launches and acquisitions, to expand their product offerings.