Germany Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook
Germany nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)
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Germany nuclear magnetic resonance spectroscopy market highlights
- The Germany nuclear magnetic resonance spectroscopy market generated a revenue of USD 61.3 million in 2023 and is expected to reach USD 90.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, research & manufacturing was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Nuclear magnetic resonance spectroscopy market data book summary
| Market revenue in 2023 | USD 61.3 million |
| Market revenue in 2030 | USD 90.5 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Research & manufacturing |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OUTPATIENT FACILITIES, RESEARCH & MANUFACTURING, HOSPITALS |
| Key market players worldwide | Jeol Ltd, Thermo Fisher Scientific Inc, Bruker Corp, Oxford Instruments PLC, Nanalysis Scientific Corp Ordinary Shares, Absci Corp, QuinStreet Inc, Magritek Ltd, Magnetic Resonance Innovations |
Other key industry trends
- In terms of revenue, Germany accounted for 8.5% of the global nuclear magnetic resonance spectroscopy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK nuclear magnetic resonance spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 71.5 million by 2030.
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Nuclear Magnetic Resonance Spectroscopy Market Scope
Nuclear Magnetic Resonance Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 46% in 2023. Horizon Databook has segmented the Germany nuclear magnetic resonance spectroscopy market based on outpatient facilities, research & manufacturing, hospitals covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is considered to be one of the leading healthcare markets in Europe. Moreover, favorable government regulations, advanced healthcare infrastructure, rising number of drug approvals, and the growing concerns regarding food safety are some key factors driving the Germany NMR spectroscopy market.
Furthermore, in September 2023, ACD/Labs and Merck KGaA collaborated to introduce digital Reference Material (dRM) platform ChemisTwin. This tool is combination of Millipore Sigma’s expertise in high quality reference materials manufacturing and ACD/Labs’ industry-leading automated structure NMR prediction & verification capabilities.
Such innovations in NMR spectroscopy technology, increasing partnerships between expert universities & organizations, and the growing government funds to develop innovative NMR spectroscopy products are anticipated to boost the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Germany nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany nuclear magnetic resonance spectroscopy market size, by end use, 2018-2030 (US$M)
Germany Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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