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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America is expected to dominate the elemental analysis market over the forecast period due to technology advancements in the healthcare & pharmaceutical sector across the region. The presence of major pharmaceutical companies using the elemental analysis, such as Agilent Technologies, Inc., PerkinElmer, Inc., Bruker Corporation (U.S.), and Thermo Fisher Scientific, Inc., is another factor contributing to market growth. Government authorities are providing regulations regarding the elemental analysis for pharmaceutical companies. For instance, in February 2017, United States Pharmacopeia Convention (USP), a non-profit organization dedicated toward improving healthcare services in the U.S., mandated the General Chapter 231 with new instrumental methods that provide a quantitative determination of individual elemental impurities in pharmaceutical products.  Elemental Analysis Market size is expected to grow rapidly over the forecast period due to rise in food safety concerns, government regulations for elemental analysis of pharmaceutical and healthcare products and increase in research & development in the pharmaceutical sector. Academic institutions are using the elemental analysis for research activities in fields such as medicine, metabolomics, and proteomics. Government authorities are providing funds to these institutions for acquiring the necessary equipment for a wide range of research activities. The use of X-Ray fluorescence in healthcare research is also contributing significantly to the elemental analysis market growth. Overview of Elemental analysis market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The elemental analysis helps in detecting different elements such as inorganic, organic, and trace metals. It can also be used for qualitative and quantitative estimation of heavy metals and detect traces of catalyst in a sample. Elemental analysis can be used for soil analysis for quantifying essential elements from the soil. For instance, the Inductively Coupled Plasma-Mass Spectroscopy (ICP-MS) technique was used to quantify radioactive iodine from soil samples in the region closer to the Fukushima nuclear power plant in Japan. It can also be used in geological excavations for determining the origin and chemical composition of ancient material. For instance, Getty Conservation Institute (Los Angeles, CA) used the elemental analysis to determine the origin of Lead-Tin-based pigments found on Egyptian mummies.  Elemental analysis is a key factor for improving food safety by determining adulteration in food such as determination of Mercury in milk powder and Selenium in fish meat. It also helps pharmaceutical companies to determine impurities in samples of products, excipient, and packaging. The high-cost requirement for elemental analysis instruments can restrict the market growth. The lack of skilled labor for operating the advanced equipment can also hamper the elemental analysis market growth. Continue…

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  APAC is expected to show the fastest growth for the elemental analysis market due to the increase in research & development activities in pharmaceuticals in the developing countries including India and China. For instance, India’s Ministry of Health and Family Welfare increased funds the allocation for the pharmaceutical sector by 13.1% to USD 8.98 billion in Union Budget The local state government in India is also focusing on research & development in the pharmaceutical sector. For instance, in October 2018, the Uttar Pradesh government announced its intention to setup 6 pharma parks in the state and the government also announced the investment of USD 855 million for the same. The presence of major market players, such as HORIBA, Ltd, Rigaku Corporation, and Shimadzu Corporation, in the region is also contributing significantly in elemental analysis market growth. Continue…

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The companies operating in the elemental analysis market are focusing on strategic partnerships with market service expansion companies to expand their market in the developing countries. For instance, in April 2019, Bruker Corporation, a scientific instruments manufacturer based in the U.S., partnered with DKSH, a market expansion services provider, for the sales of its dispersive X-ray fluorescence benchtop spectrometers in China. This partnership helped the company in expanding its market presence in Asia. Major players operating in the elemental analysis market are Agilent Technologies, Inc., PerkinElmer, Inc., Bruker Corporation, Shimadzu Corporation, Analytik Jena AG, Thermo Fisher Scientific, AMETEK, Inc., HORIBA, Ltd., Rigaku Corporation, Elementar Group, and Danaher Corporation. Continue…

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