Analytical Standards Market is segmented By Category (Organic Analytical Standards, Inorganic Analytical Standards), By Technique (Spectroscopy, Chrom....
Market Size in USD Bn
CAGR6.64%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 6.64% |
Market Concentration | High |
Major Players | Merck KGaA, Waters Corporation, Agilent Technologies, Inc., Shimadzu Corporation, PerkinElmer Inc. and Among Others |
The analytical standards market is estimated to be valued at USD 1.46 Bn in 2024 and is expected to reach USD 2.29 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 6.64% from 2024 to 2031. Growth of the analytical standards market is driven by increasing investments in R&D activities in various industries such as pharmaceutical, biotechnology, clinical diagnostics, and food and beverage.