Increasing research activities in the field of nanotechnology,
rising investments in pharmaceutical R&D, and stringent regulatory
guidelines for product quality across industries are fueling the growth of the
market. Moreover, increasing government support for nanotechnology research and
the rapidly growing pharmaceutical industry in emerging countries are some of
the other major factors driving the growth of this market.
The
report Particle Size
Analysis Market is projected to reach USD 465
million by 2025 from USD 356 million in 2020, growing at a CAGR of 5.5% during
the forecast period.
Based on technology, the market is segmented into laser
diffraction, dynamic light scattering, imaging, coulter principle, nanoparticle
tracking analysis, and other technologies. The laser diffraction segment
accounted for the largest share of the particle size analysis market in 2019,
driven by the growing initiatives to create awareness about laser diffraction,
increasing R&D expenditure in the pharma and biotech sectors, and rising
food safety concerns.
Based
on type, the imaging market is segmented into two major types—dynamic imaging
and static imaging. Factors such as high-quality/resolution images, better
image recognition, user-friendliness, individual sample measurement, and high-speed
analysis are driving the growth of the dynamic imaging segment.
The
Nanoparticle Tracking Analysis (NTA) segment is expected to register the
highest growth during the forecast period by technology. The significant growth
of this segment is attributed to advanced applications of these particle size
analyzers and growing research activities in the field of nanotechnology.
The particle size analysis industry is segmented into five
regional segments, namely, North America, Europe, Asia Pacific, Latin America,
and the Middle East & Africa. The North American region accounted for the
largest share of the particle size analysis market in 2019.
The major players operating in the particle size analysis market
are Malvern Panalytical (UK), HORIBA (Japan), Beckman Coulter, (UK), MICROTRAC
MRB, (US), Izon Science (UK), Micromeritics Instrument Corporation (US),
Shimadzu Corporation (Japan), Sympatec (Germany), Anton Paar (Austria), TSI
(US), Bettersize Instruments (China), FRITSCH (Germany), Brookhaven
Instruments, (US), LS Instruments AG (Switzerland), and AimSizer (China).
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