Avantor, Inc. the leading provider of products and services in the field of advanced technologies and life sciences, announced the collaboration with Catalent, Inc. With this agreement, Avantor will provide a wide range of laboratory supplies, clinical testing technologies, and others.
Agilent Technologies, Inc. announced the collaboration with PathAI to provide the AI-powered services and research tools for clinical application, pathology, and biopharma research. The companies will collectively develop machine learning analysis algorithms.
Author Credits: Radhika Gupta, Shivam Bhutani
Report ID: 5036
Published Date: Jun 16, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for better food safety, rising production of medicine, and growing research in the pharmaceutical industry are the major factors driving the market growth.
The market size of atomic spectroscopy is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Adeptrix Corp, Agilent Technologies, Inc., AMETEK Inc., Analytik Jena GmbH + Co. KG, Aurora Biomed Inc., Avantor, Inc., Bruker Corporation, Buck Scientific Instrument Manufacturing Company, Endress+Hauser Group services AG and GBC Scientific Equipment Pty Ltd.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by technology, application, and by region.
The atomic absorption spectroscopy segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Lack of expert professionals and high cost of the device is estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.