The major factors
driving the growth of the particle size analysis market include increasing
research activities in the field of nanotechnology; technological advancements
in particle size analyzers; increasing investment in pharmaceutical R&D; and
stringent regulatory guidelines for product quality across industries.
The global Particle Size
Analysis Market is expected to reach USD 524.3 Million by
2027 from USD 314.3 Million in 2017, at a CAGR of 5.2%.
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The particle size analysis
market is segmented on the basis of product into segmented into laser
diffraction, dynamic light scattering (DLS), imaging, nanotechnology particle
analysis (NTA), the Coulter principle, and other technologies (resonant mass
measurement, laser obscuration, sedimentation, and sieve analysis). The imaging
technology segment is further subsegmented into dynamic and static imaging. The
laser diffraction technology segment commanded the largest share of the global
partcile size analysis market in 2017. The large share of this segment is
attributed to laser diffraction’s wide dynamic measurement range, a feature
that significantly increases its application areas.
Based on the type of industry, the global
particle size analysis market is classified into five major
segments—healthcare; chemicals and petroleum; mining, minerals, and cement;
food and beverage; and other industries. The last segment comprises industries
related to inks, toners, paint, coatings, cosmetics, and environmental
analysis. The helathcare industry segment is expected to account for the
largest share of the particle size analysis market in 2017 due to its dominance
can be attributed to the increasing applications of nanotechnology in medical
science, the rapid growth of pharmaceuticals in the healthcare industry.
Geographically, the market is segmented into
North America, Europe, Asia Pacific, and the Rest of the World. North America
is expected to account for the largest share of the global particle size
analysis market during the forecast period (2017-2022).
The major players
operating in the particle size analysis market include Malvern Instruements
Limited (UK), HORIBA, Ltd. (Japan), and Beckman Coulter, Inc. (US).
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