LONDON–(BUSINESS WIRE)–#LabEquipment–Technavio’s latest market research report on the global
nuclear magnetic resonance (NMR) spectrometer market provides an
analysis of the most important trends expected to impact the market
outlook from 2018-2022. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.
According to Technavio analysts, the global
nuclear magnetic resonance (NMR) spectrometer market will
grow at a CAGR of close to 5% during the forecast period. The
increasing focus on drug discovery and development is a major factor
driving the market’s growth.
Pharmaceutical and biotechnology companies and research institutes are
increasing their emphasis on drug discovery and development due to the
increasing prevalence of several chronic diseases. Diseases such as
CVDs, cancer, chronic obstructive pulmonary disease (COPD), and type 2
diabetes are caused due to high blood pressure (BP), high blood
cholesterol, obesity, lack of physical activity, unhealthy eating
habits, and the use of tobacco. The rising numbers of such diseases have
led to an increase in the investments in R&D by pharmaceutical companies.
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In this report, Technavio highlights the increase in the use of
hyphenated technology as one of the key emerging trends driving the
global nuclear magnetic resonance spectrometer market:
Increase in the use of hyphenated technology
The combination of one or more functions to develop one product is known
as hyphenation. It requires two individual instruments to be built under
a single casing, so both can work in tandem with each other. These kinds
of products have increased the adoption of LC-NMR spectrometers. A wide
range of applications has been using the coupling of LC separation with
LC-NMR consists of samples that are intermediately parked in sample
loops. They are then transferred to the NMR spectrometer after
chromatographic separation, minimizing the sample handling. The
separated compounds are then transferred into the NMR spectrometer
without the exposure of air or light. This reduces the delay between the
separation and the start of the NMR measurement.
“Adoption of hyphenated technology minimizes cost and ensures
accurate and faster results, higher sample throughput, and better
reproducibility; reduce contamination; and improve separation and
quantification. Such factors are expected to increase the demand for
hyphenated NMR spectrometers during the forecast period,” says a
senior analyst at Technavio for research on lab
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Global nuclear magnetic resonance spectrometer
This market research report segments the global nuclear magnetic
resonance spectrometer market into the following end-users
(pharmaceutical and biotechnology industry and chemical and
petrochemical industry) and key regions (the Americas, APAC, and EMEA.
The pharmaceutical and biotechnology industry segment held the largest
market share in 2017, accounting for nearly 38% of the market. The
market share for this end-user is expected to decrease nearly 1% by 2022.
The Americas was the leading region for the global
nuclear magnetic resonance spectrometer market in 2017,
accounting for a market share of 42%. By 2022, APAC is expected to
register a positive growth in the market whereas, the Americas and EMEA
are expected to see a decline in market shares during the forecast
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