Atomic Emission Spectroscopy Market - Forecast(2024 - 2030)

Atomic Emission Spectroscopy Market Overview

Atomic Emission Spectroscopy Market Size is estimated to reach $6.4 billion by 2027 and is poised to grow at a CAGR of 5.9% over the forecast period of 2022-2027. Atomic emission spectroscopy (AES) is an analytical technique for determining and quantifying a material's elemental composition. Atomic emission spectroscopy uses a separate energy source from a flame, arc, plasma, or spark to force a sample material into a high-energy state. The identification of the element is determined by the wavelength of the atomic spectral line in the emission spectrum, while the intensity of the emitted light is correlated with the number of atoms in the element. Another method is to vaporize the sample and then excite it with a laser pulse or a spark between electrodes. The excitation source dissolves the sample, atomizes it, and then excites the atoms. Microwave-induced plasma, direct-current plasma, laser-induced plasma, laser-induced breakdown, inductively-coupled plasma, and other excitation sources are employed for these purposes. For instance, inductively coupled plasma is used in inductively coupled plasma atomic emission spectroscopy (ICP-AES) to generate excited atoms and ions that produce electromagnetic radiation at wavelengths characteristic of a specific element. ICP-AES has an excellent limit of detection and linear dynamic range, as well as multielemental analysis capability.

The growing food and drug safety concerns, increasing prevalence of chronic diseases and stringent regulation related to environmental protection are some of the factors driving the Atomic Emission Spectroscopy Industry growth during the forecast period 2022-2027.

Report Coverage

The report: “Atomic Emission Spectroscopy Market Forecast (2022-2027)", by Industry ARC covers an in-depth analysis of the following segments of the Atomic Emission Spectroscopy Market.

By Type- Flame Emission Spectroscopy (FES), Spark Atomic Emission Spectroscopy (SAES), Arc Atomic Emission Spectroscopy (AES), Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES), and others.
By Application- Biotechnology, Pharmaceutical chemistry, Environmental testing, Clinical applications, Food & Beverage Testing and others.
By End-Users- Pharmaceutical companies, Hospitals, Laboratories, Research institutes, and others.
By Geography- North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (the Middle East, and Africa).

Key Takeaways

• Geographically, North America held a dominant market share in the year 2021 on account of food safety regulations, skilled and trained professionals as well as growth of pharmaceutical industry. Asia-Pacific is expected to offer lucrative growth opportunities to the manufacturers owing to increasing prevalence of chronic diseases including cancers and nervous system diseases, increased healthcare expenditure as well as boost in R&D activities in the pharma industry by government and private companies. The robust growth of Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES) is predicted to augment the market growth during the forecast period of 2022-2027.

• Increasing prevalence of geriatric population with high risk of chronic diseases, growing health and food safety concerns is estimated to drive the market growth of Atomic Emission Spectroscopy Market. High maintenance and procurement cost as well as lack of trained professionals poses threat to the market growth.

• A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Atomic Emission Spectroscopy Market Report.
  
  

  Atomic Emission Spectroscopy Market: Market Share (%) by region, 2021