Global Infrared Spectroscopy Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Spectrum Sensitivity;

Near-Infrared (NIR), Mid-Infrared (Mid IR), and Far-Infrared (Far IR).

By Technology;

Dispersive Infrared Spectroscopy and Fourier Transform Infrared (FTIR) Spectroscopy.

By Product;

Bench Top, Portable, and Hyphenated.

By End Users;

Hospitals And Clinics, Pharmaceutical Industry, and Research Laboratories.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn513566725 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Infrared Spectroscopy Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Infrared Spectroscopy Devices Market was valued at USD 1,257.85 million. The size of this market is expected to increase to USD 1,652.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global infrared spectroscopy devices market stands as a vital segment within analytical instrumentation, serving diverse industries like pharmaceuticals, food and beverage, environmental testing, and materials science. Infrared spectroscopy, a powerful analytical technique, leverages the interaction of infrared radiation with matter to unveil insights into molecular structure, composition, and properties. This non-destructive method facilitates qualitative and quantitative analysis across a spectrum of samples, from organic compounds to polymers and minerals, making it indispensable for research, quality control, and process monitoring in numerous sectors.

Advancements in technology propel the continual growth and evolution of the global infrared spectroscopy devices market. Manufacturers persistently innovate state-of-the-art instruments equipped with enhanced performance, sensitivity, and automation features to meet escalating end-user demands. These modern devices boast advanced software for streamlined data analysis, intuitive interfaces, and compatibility with complementary analytical techniques like Raman spectroscopy and mass spectrometry, thereby empowering researchers and analysts with unprecedented insights and efficiency in their analytical workflows. Such integration expands application potential, driving market expansion and adoption across various industries.

The market for infrared spectroscopy devices is influenced by increasing research and development endeavors, rigorous regulations in quality control and safety assessment, and rising demands for precise analytical solutions. As industries prioritize quality assurance, product authentication, and environmental monitoring, the demand for infrared spectroscopy devices is anticipated to grow steadily. Furthermore, the expansion of key end-user sectors such as pharmaceuticals, biotechnology, and environmental testing fuels market growth, spurring investments in innovative spectroscopic technologies and instrumentation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Spectrum Sensitivity
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Product
    4. Market Snapshot, By End Users
    5. Market Snapshot, By Region
  4. Global Infrared Spectroscopy Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Technological Advancements
        2. Increasing R&D Activities
        3. Stringent Regulatory Requirements
      2. Restraints:
        1. High Cost of Instruments
        2. Complexity of Data Interpretation
        3. Competition from Alternative Technologies
      3. Opportunities:
        1. Emerging Applications in Healthcare
        2. Integration with Other Analytical Techniques
        3. Expansion in Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Infrared Spectroscopy Devices Market, By Spectrum Sensitivity, 2021 - 2031 (USD Million)
      1. Near-Infrared (NIR)
      2. Mid-Infrared (Mid IR)
      3. Far-Infrared (Far IR)
    2. Global Infrared Spectroscopy Devices Market, By Technology, 2021 - 2031 (USD Million)
      1. Dispersive Infrared Spectroscopy
      2. Fourier Transform Infrared (FTIR) Spectroscopy
    3. Global Infrared Spectroscopy Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Bench Top
      2. Portable
      3. Hyphenated
    4. Global Infrared Spectroscopy Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals And Clinics
      2. Pharmaceutical Industry
      3. Research Laboratories
    5. Global Infrared Spectroscopy Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Siemens AG
      2. PerkinElmer
      3. Jasco
      4. Shimadzu
      5. Agilent Technologies
      6. Thermo Fisher Scientific Inc.
      7. Princeton Instruments
      8. Sartorius AG.
      9. Bruker Corp.
  7. Analyst Views
  8. Future Outlook of the Market