Global Analytical Standards Market to Reach $2 Billion by 2027
Amid the COVID-19 crisis, the global market for Analytical Standards estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027. Organic Standards, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Inorganic Standards segment is readjusted to a revised 4.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $413.6 Million, While China is Forecast to Grow at 4.6% CAGR
The Analytical Standards market in the U.S. is estimated at US$413.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$346.3 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
Select Competitors (Total 47 Featured):
Amid the COVID-19 crisis, the global market for Analytical Standards estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027. Organic Standards, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Inorganic Standards segment is readjusted to a revised 4.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $413.6 Million, While China is Forecast to Grow at 4.6% CAGR
The Analytical Standards market in the U.S. is estimated at US$413.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$346.3 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
Select Competitors (Total 47 Featured):
- AccuStandard, Inc.
- Agilent Technologies, Inc.
- Cayman Chemical Company
- Chiron AS
- General Electric Company
- GFS Chemicals, Inc.
- LGC Standards
- Mallinckrodt PLC
- Merck KgaA
- PerkinElmer, Inc.
- Restek Corporation
- RicCA Chemical Company
- Spex Certiprep
- Thermo Fisher Scientific, Inc.
- Waters Corporation
Note: Product cover images may vary from those shown
I. METHODOLOGY
II. EXECUTIVE SUMMARY
II. EXECUTIVE SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Critical Importance of Analytical Chemistry in Medicine, Science, Forensics & Engineering: Cornerstone for Present & Future Adoption of Analytical Standards
- Analytical Standards for Streamlined Analytical Quality Control Process
- Healthy Tide in Global R&D Spending Creates Conducive Environment
- Impact of Covid-19 and a Looming Global Recession
- Sustained Expansion in Chromatography Use Cases Enhances Market Prospects
- Analytical Standards Make Robust Inroads into Spectroscopy Domain
- Biomedical Research Standards in Demand
- Analytical Standards Make a Cut in Food & Beverage Quality Control
- Current Trends in World Food & Beverage Market Indicate Strong Demand
- Pharmaceutical and Life Science Standards Gain Wider Traction
- Analytical Standards: Introduction
- Uptrend in Health & Medical R&D Spending Favors Market Expansion
- US Analytical Instrument Market: An Overview
- Thriving Clinical Research Industry to Aid Market Expansion
- Uncertainty in BREXIT Implementation & its Impact on the Lifesciences & Pharmaceutical Industries: A Review
- Indian Analytical Industry to Make Robust Gains
- Total Companies Profiled: 47
Note: Product cover images may vary from those shown
