Global Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook

The nuclear magnetic resonance spectroscopy industry worldwide is expected to reach a projected revenue of US$ 1,025.3 million by 2030. A compound annual growth rate of 5.1% is expected of the worldwide nuclear magnetic resonance spectroscopy industry from 2024 to 2030.
Revenue, 2023 (US$M)
$724.7
Forecast, 2030 (US$M)
$1,025.3
CAGR, 2024 - 2030
5.1%
Report Coverage
Worldwide

Global nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)

Related Markets

Global nuclear magnetic resonance spectroscopy market highlights

  • The global nuclear magnetic resonance spectroscopy market generated a revenue of USD 724.7 million in 2023 and is expected to reach USD 1,025.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.1% by 2030.
  • In terms of segment, research & manufacturing accounted for a revenue of USD 332.3 million in 2023.
  • OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 724.7 million
Market revenue in 2030USD 1,025.3 million
Growth rate5.1% (CAGR from 2023 to 2030)
Largest segmentResearch & manufacturing
Fastest growing segmentOUTPATIENT FACILITIES
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOUTPATIENT FACILITIES, RESEARCH & MANUFACTURING, HOSPITALS

Other key industry trends

  • In terms of revenue, the North America accounted for 30.5% of the global nuclear magnetic resonance spectroscopy market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Japan is the fastest growing regional market and is projected to reach USD 66.8 million by 2030.

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Nuclear Magnetic Resonance Spectroscopy Market Companies

Name Profile # Employees HQ Website

Global nuclear magnetic resonance spectroscopy market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nuclear magnetic resonance spectroscopy market will help companies and investors design strategic landscapes.


Research & manufacturing was the largest segment with a revenue share of 45.85% in 2023. Horizon Databook has segmented the Global nuclear magnetic resonance spectroscopy market based on outpatient facilities, research & manufacturing, hospitals covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Nuclear Magnetic Resonance Spectroscopy End Use Outlook (Revenue, USD Million, 2018-2030)
    • OUTPATIENT FACILITIES
    • RESEARCH & MANUFACTURING
    • HOME CARE
    • HOSPITALS

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  • Our clientele includes a mix of nuclear magnetic resonance spectroscopy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This global databook contains high-level insights into Global nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global nuclear magnetic resonance spectroscopy market size, by region, 2018-2030 (US$M)

Top 10 countries by Nuclear Magnetic Resonance Spectroscopy Market revenue, 2023 (US$M)

Global nuclear magnetic resonance spectroscopy market share, by end use, 2023 & 2030 (%, US$M)

Nuclear magnetic resonance spectroscopy market: Opportunity assessment by country

Global nuclear magnetic resonance spectroscopy market, by region, 2023 (US$M)

Global nuclear magnetic resonance spectroscopy market size, by region, 2018-2030 (US$M)

End Use 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
Latin America 22.7 23.9 23.3 26.5 27.9 29.3 30.8 32.3 33.9 35.5 37.2 38.9 40.6 4.9%
Europe 218.0 229.8 224.3 255.0 268.3 282.3 296.8 312.1 328.0 344.7 362.2 380.7 400.2 5.3%
North America 176.3 184.4 178.7 201.8 211.3 221.3 231.8 243.0 254.9 267.4 280.8 294.7 309.2 5.0%
MEA 9.6 10.1 9.9 11.2 11.8 12.3 12.9 13.5 14.2 14.8 15.4 16.0 16.6 4.5%
Asia Pacific 140.2 147.3 143.3 162.6 170.8 179.6 189.1 198.9 209.6 220.8 232.5 245.1 258.7 5.5%
Overall 566.8 595.6 579.5 657.1 690.0 724.7 761.4 799.9 840.5 883.2 928.1 975.4 1,025.3 5.1%

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