(EMAILWIRE.COM, July 27, 2019 ) The growth of the overall market can be contributed to rising investments, funds, and grants by government bodies worldwide and technological advancements.

The atomic spectroscopy market is poised to reach USD 5.60 Billion by 2020, growing at a CAGR of 6.0% during the forecast period of 2015 to 2020.

Market Dynamics

+ Drivers

+ Atomic Spectroscopy to Aid in the Drug Safety Process and Medical Research
+ Stringent Regulations Related to the Drug Safety Process to Push the Demand for Atomic Absorption Spectroscopy
+ Rising Use of X-Ray Fluorescence in Medical Research
+ New International CGMP & CGDP Certification for Pharmaceutical Excipients
+ Growing Food Safety Concerns
+ Increasing Government Investments in Atomic Spectroscopy Technologies

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The atomic spectroscopy market is categorized into atomic absorption, X-ray Diffraction, x-ray fluorescence, ICP-MS, ICP-OES, Elemental Analyzers and other atomic spectroscopy. In 2015, atomic absorption segment is estimated to account for the major share of the atomic spectroscopy market.

The market is segmented into pharmaceuticals & biotechnology, industrial chemistry, environmental testing, food & beverage testing, petrochemical, and geochemical/mining and others. In 2015, the food & beverage testing segment is estimated to account for the major share of the atomic spectroscopy market.

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