Global Nuclear Magnetic Resonance Spectrometer Market Is Valued At 766.54 Million USD In 2016
Nuclear Magnetic Resonance spectroscopy
is a powerful and theoretically complex analytical tool. Nuclear Magnetic Resonance (NMR) spectroscopy is an analytical chemistry technique used in quality control and research for determining the content and purity of a sample as well as its molecular structure. For example, NMR can quantitatively analyze mixtures containing known compounds. For unknown compounds, NMR can either be used to match against spectral libraries or to infer the basic structure directly. Once the basic structure is known, NMR can be used to determine molecular conformation in solution as well as studying physical properties at the molecular level such as conformational exchange, phase changes, solubility, and diffusion. In order to achieve the desired results, a variety of NMR techniques are available.
Nuclear magnetic resonance spectroscopy is also used to study the interaction of various molecules, the kinetics or dynamics of molecules and the composition of mixtures of biological or synthetic solutions or composites. The size of the molecules analyzed can range from a small organic molecule or metabolite, to a mid-sized peptide or a natural product, all the way up to proteins of several tens of kDa in molecular weight.
Compared to 2014, NMR Spectrometer market managed to decline sales by 2.67 percent to 714.93 million USD in worldwide in 2015, which as a result of Agilent exit the NMR spectrometer market. And the global revenue of NMR Spectrometer market was valued at 766.54 M USD in 2016 and is expected to reach USD 947.85 M USD in 2022. In the future five years, we predict the CAGR of global revenue is 3.60%. Overall, the NMR Spectrometer performance is positive, despite the weak economic environment.
The technical barriers of NMR Spectrometer are high. The manufacturing bases relative concentration; some of the key players dominating this market are Bruker, JEOL, Thermo Fisher, Oxford Indtruments, Nanalysis, and others.
The key factors driving the growth of the aforementioned industry are national attention to the development of scientific research and technology. With the improvement of national 's awareness of the development of scientific research and technology, the increased consumption of NMR Spectrometers are expected to continue during the remaining years of the forecast period of 2017-2022.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the NMR Spectrometer raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of NMR Spectrometer.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The oversupply of NMR Spectrometer in the market has had a negative impact but has been countered by the magnitude of the increase in demand, resulting in uncertainty in the NMR Spectrometer market
In China, NMR Spectrometer manufactures only have Shanghai Huantong. As the same time, in Chinese market, some common foreign brands occupy relative large market share, such as Bruker and JEOL.
China is an important consumer of NMR Spectrometer; as the same time, the consumption of NMR Spectrometer in China grown gradually. In the result, NMR Spectrometer in China was Import-oriented until now.