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Trace Metal Analysis Market Analysis by Technology, by Instrument Type by Application, and by Region - Global Forecast to 2029

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    Report

  • 136 Pages
  • September 2022
  • Region: Global
  • Quintana Research and Consulting
  • ID: 5651493
The trace metal analysis market size is estimated to be USD 5.6 billion in 2021 and is expected to witness a CAGR of 11.45% during the forecast period 2022-2029. The strict safety and quality rules, and new international cGMP & cGDP certified for excipient, rising spending on life science R&D, technological advancements, increasing preference to outsource analytical requirements to third-party service providers, growing demand from applied markets, and opportunities in developing countries factors contributing to the market growth. However, increasing cost of instruments is expected to hinder the growth.

By Technology

Based on technology, the market is categorized into optical emission spectroscopy, atomic absorption spectroscopy, x-ray fluorescence spectroscopy, inductively coupled plasma mass spectroscopy, fourier transform infrared spectroscopy, and others. In 2021, the inductively coupled plasma mass spectroscopy segment accounted for the highest revenue share owing to the increasing rigour in the testing and evaluation of product quality in the pharmaceutical, cosmetic, food, and beverage sectors, there is a rising emphasis on identifying low-level pollutants in chemical goods, the rising need for a wide variety of sample matrices' analysis, and a rise in metal speciation demand.

By Instrument Type

On the basis of instrument type, the market is bifurcated into portable, and benchtop. In 2021, the portable segment accounted for the highest revenue share due to a rise in the number of regulatory measures aimed at decreasing emissions, managing environmental and water pollutants, limiting exposure to dangerous substances and wastewater for both humans and the environment, and the expansion of end-user application sectors, investing more in R&D by the key firms in the sector.

By Application

Based on application, the market is segregated into clinical diagnostics, medical device testing, pharmaceutical & biotechnology products testing, semiconductor testing, oil & gas testing, environmental testing, food & beverage testing, and other applications. In 2021, the environmental testing segment accounted for the highest revenue share owing to an increase in the number of regulatory actions to reduce emissions, limit environmental and water pollution, and the exposure of humans and the environment to hazardous waste and chemicals, the expansion of end-user application sectors, and the growing R&D spending by key industrial firms.

Regional Markets

In 2021, Asia Pacific region accounted for the highest revenue in the trace metal analysis market and is expected to maintain its dominance during the forecast period. This is attributed to increasing use of trace metal analysis in the food sector, strategic growth by market participants in the Asia Pacific area, developing biotech industry, increased focus on soil testing, and rising food and environmental safety concerns in numerous Asia Pacific countries.

Competitor Insights

Some of the key players operating in the trace metal analysis market are Thermo Fisher Scientific (US), Agilent Technologies (US), PerkinElmer, Inc. (US), Analytik Jena AG (Germany), Bruker Corporation (US), Hitachi Hi-Technologies Corporation (Japan), Rigaku Corporation (Japan), Shimadzu Corporation (Japan), Eurofins Scientific (Luxembourg), Intertek Group PLC (US), SGS S.A. (Switzerland), Bureau Veritas S.A. (France), TÜV SÜD (Germany), and LGC Ltd. (UK).

Segmentation: Trace Metal Analysis Market Report 2021-2029

By Technology (Revenue, USD Billion)

  • Optical Emission Spectroscopy
  • Atomic Absorption Spectroscopy
  • X-ray Fluorescence Spectroscopy
  • Inductively Coupled Plasma Mass Spectroscopy
  • Fourier Transform Infrared Spectroscopy
  • Others

By Instrument Type (Revenue, USD Billion)

  • Portable
  • Benchtop

By Application (Revenue, USD Billion)

  • Clinical Diagnostics
  • Medical Device Testing
  • Pharmaceutical & Biotechnology Products Testing
  • Semiconductor Testing
  • Oil & Gas Testing
  • Environmental Testing
  • Food & Beverage Testing
  • Other Applications

By Region (Revenue, USD Billion)

North America

  • U.S
  • Canada

Europe

  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM

Middle East & Africa

  • South Africa
  • GCC
  • Rest of MEA

Table of Contents

1. Research Methodology
1.1.Study Objectives
1.2.Study Scope
1.3.Research Assumptions
1.4.Research Framework
1.4.1.Research Models
1.4.1.1.Bottom-up Approach
1.4.1.2.Top-down Approach
1.4.1.3.Data Triangulation
1.4.2.Data Procurement
1.4.2.1.Internal Database
1.4.2.2.Secondary Research
1.4.2.3.Purchased Database
1.4.2.4.Primary Research
1.4.3.Data Analysis
1.4.3.1.Data Validation
1.4.3.2.Market Size Estimation
1.4.3.3.Market Forecast Model
1.4.4.Quality Assessment
2. Introduction: Trace Metal Analysis
3. Executive Summary
3.1.Global Market Scenario
3.2.Segment Market Scenario
3.3.Geographic Market Scenario
3.4.COVID-19 Impact
3.5.Competitive Landscape
4. Market Dynamics
4.1.Market Drivers
4.1.1.Driver 1
4.1.2.Driver 2
4.1.3.Driver 3
4.1.4.Driver 4
4.1.5.Driver 5
4.2. Market Restraint
4.2.1.Restraint 1
4.2.2.Restraint 2
4.2.3.Restraint 3
4.2.4.Restraint 4
4.3.Market Opportunities
4.3.1.Opportunity 1
4.3.2.Opportunity 2
4.3.3.Opportunity 3
4.3.4.Opportunity 4
4.4.Market Trends
4.4.1.Trend 1
4.4.2.Trend 2
4.4.3.Trend 3
4.4.4.Trend 4
4.5.Market Challenges
4.5.1.Challenge 1
4.5.2.Challenge 2
4.5.3.Challenge 3
4.5.4.Challenge 4
5. Market Environment Analysis
5.1.Porter’s 5 Forces Analysis
5.2.PESTEL Analysis
5.3.Value Chain Analysis
5.4.SWOT Analysis
5.5.Benchmark
6. COVID-19 Impact Analysis: Trace Metal Analysis Market
6.1.COVID-19: Overview
6.2.COVID-19 Impact on the Global Market
6.3.COVID-19 Impact on the Regional Markets
7. Market Analysis by Technology
7.1.Optical Emission Spectroscopy
7.1.1.Optical Emission Spectroscopy Market Forecast, 2021-2029 (USD Million)
7.2.Atomic Absorption Spectroscopy
7.2.1.Atomic Absorption Spectroscopy Market Forecast, 2021-2029 (USD Million)
7.3.X-ray Fluorescence Spectroscopy
7.3.1.X-ray Fluorescence Spectroscopy Market Forecast, 2021-2029 (USD Million)
7.4.Inductively Coupled Plasma Mass Spectroscopy
7.4.1.Inductively Coupled Plasma Mass Spectroscopy Market Forecast, 2021-2029 (USD Million)
7.5.Fourier Transform Infrared Spectroscopy
7.5.1.Fourier Transform Infrared Spectroscopy Market Forecast, 2021-2029 (USD Million)
7.6.Others
7.6.1.Others Market Forecast, 2021-2029 (USD Million)
8. Market Analysis by Instrument Type
8.1.Portable
8.1.1.Portable Market Forecast, 2021-2029 (USD Million)
8.2.Benchtop
8.2.1.Benchtop Market Forecast, 2021-2029 (USD Million)
9. Market Analysis by Application
9.1.Clinical Diagnostics
9.1.1.Clinical Diagnostics Market Forecast, 2021-2029 (USD Million)
9.2.Medical Device Testing
9.2.1.Medical Device Testing Market Forecast, 2021-2029 (USD Million)
9.3.Pharmaceutical & Biotechnology Products Testing
9.3.1.Pharmaceutical & Biotechnology Products Testing Market Forecast, 2021-2029 (USD Million)
9.4.Semiconductor Testing
9.4.1.Semiconductor Testing Market Forecast, 2021-2029 (USD Million)
9.5.Oil & Gas Testing
9.5.1.Oil & Gas Testing Market Forecast, 2021-2029 (USD Million)
9.6.Environmental Testing
9.6.1. Environmental Testing Market Forecast, 2021-2029 (USD Million)
9.7.Food & Beverage Testing
9.7.1.Food & Beverage Testing Market Forecast, 2021-2029 (USD Million)
9.8.Other Applications
9.8.1.Other Applications Market Forecast, 2021-2029 (USD Million)
10. Regional Market Analysis
10.1.Regional Market Trends
10.2.Regional Market: Comparative Analysis
11. North America Trace Metal Analysis Market
11.1.North America Trace Metal Analysis Market
11.1.1.North America Market Size and Forecast, 2021-2029 (USD Million)
11.1.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
11.1.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
11.1.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
11.2.U.S. Trace Metal Analysis Market
11.2.1.U.S. Market Size and Forecast, 2021-2029 (USD Million)
11.2.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
11.2.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
11.2.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
11.3.Canada Trace Metal Analysis Market
11.3.1.Canada Market Size and Forecast, 2021-2029 (USD Million)
11.3.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
11.3.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
11.3.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12. Europe Trace Metal Analysis Market
12.1.Europe Trace Metal Analysis Market
12.1.1.Europe Market Size and Forecast, 2021-2029 (USD Million)
12.1.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.1.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.1.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12.2.Germany Trace Metal Analysis Market
12.2.1.Germany Market Size and Forecast, 2021-2029 (USD Million)
12.2.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.2.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.2.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12.3.UK Trace Metal Analysis Market
12.3.1.UK Market Size and Forecast, 2021-2029 (USD Million)
12.3.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.3.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.3.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12.4.France Trace Metal Analysis Market
12.4.1.France Market Size and Forecast, 2021-2029 (USD Million)
12.4.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.4.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.4.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12.5.Spain Trace Metal Analysis Market
12.5.1.Spain Market Size and Forecast, 2021-2029 (USD Million)
12.5.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.5.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.5.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12.6.Italy Trace Metal Analysis Market
12.6.1.Italy Market Size and Forecast, 2021-2029 (USD Million)
12.6.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.6.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.6.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
12.7.Rest of Europe Trace Metal Analysis Market
12.7.1.Rest of Europe Market Size and Forecast, 2021-2029 (USD Million)
12.7.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
12.7.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
12.7.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13. Asia Pacific Trace Metal Analysis Market
13.1.Asia Pacific Trace Metal Analysis Market
13.1.1.Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
13.1.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.1.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.1.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13.2.Japan Trace Metal Analysis Market
13.2.1.Japan Market Size and Forecast, 2021-2029 (USD Million)
13.2.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.2.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.2.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13.3.China Trace Metal Analysis Market
13.3.1.China Market Size and Forecast, 2021-2029 (USD Million)
13.3.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.3.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.3.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13.4.India Trace Metal Analysis Market
13.4.1.India Market Size and Forecast, 2021-2029 (USD Million)
13.4.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.4.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.4.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13.5.South Korea Trace Metal Analysis Market
13.5.1.South Korea Market Size and Forecast, 2021-2029 (USD Million)
13.5.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.5.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.5.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13.6.Australia Trace Metal Analysis Market
13.6.1.Australia Market Size and Forecast, 2021-2029 (USD Million)
13.6.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.6.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.6.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
13.7.Rest of Asia Pacific Trace Metal Analysis Market
13.7.1.Rest of Asia Pacific Market Size and Forecast, 2021-2029 (USD Million)
13.7.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
13.7.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
13.7.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
14. Latin America Trace Metal Analysis Market
14.1.Latin America Trace Metal Analysis Market
14.1.1.Latin America Market Size and Forecast, 2021-2029 (USD Million)
14.1.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
14.1.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
14.1.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
14.2.Brazil Trace Metal Analysis Market
14.2.1.Brazil Market Size and Forecast, 2021-2029 (USD Million)
14.2.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
14.2.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
14.2.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
14.3.Mexico Trace Metal Analysis Market
14.3.1.Mexico Market Size and Forecast, 2021-2029 (USD Million)
14.3.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
14.3.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
14.3.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
14.4.Argentina Trace Metal Analysis Market
14.4.1.Argentina Market Size and Forecast, 2021-2029 (USD Million)
14.4.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
14.4.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
14.4.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
14.5.Rest of Latin America Trace Metal Analysis Market
14.5.1.Rest of Latin America Market Size and Forecast, 2021-2029 (USD Million)
14.5.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
14.5.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
14.5.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
15. MEA Trace Metal Analysis Market
15.1.MEA Trace Metal Analysis Market
15.1.1.MEA Market Size and Forecast, 2021-2029 (USD Million)
15.1.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
15.1.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
15.1.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
15.2.GCC Trace Metal Analysis Market
15.2.1.GCC Market Size and Forecast, 2021-2029 (USD Million)
15.2.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
15.2.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
15.2.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
15.3.South Africa Trace Metal Analysis Market
15.3.1.South Africa Market Size and Forecast, 2021-2029 (USD Million)
15.3.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
15.3.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
15.3.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
15.4.Rest of MEA Trace Metal Analysis Market
15.4.1.Rest of MEA Market Size and Forecast, 2021-2029 (USD Million)
15.4.1.1.Market Size and Forecast by Technology, 2021-2029 (USD Million)
15.4.1.2.Market Size and Forecast by Instrument Type, 2021-2029 (USD Million)
15.4.1.3.Market Size and Forecast byApplication, 2021-2029 (USD Million)
16. Competitor Analysis
16.1.Market Share Analysis, 2021 & 2029
16.2.Competitive Mapping
16.3.Key Players Market Place Analysis
16.4.Major Recent Developments
17. Company Profiles
17.1.Thermo Fisher Scientific (US)
17.1.1.Company Snapshot
17.1.2.Company Overview
17.1.3.Financials
17.1.4.Instrument Type Benchmarking
17.1.5.Recent Developments
17.2.Agilent Technologies (US)
17.2.1.Company Snapshot
17.2.2.Company Overview
17.2.3.Financials
17.2.4.Instrument Type Benchmarking
17.2.5.Recent Developments
17.3.PerkinElmer, Inc. (US)
17.3.1.Company Snapshot
17.3.2.Company Overview
17.3.3.Financials
17.3.4.Instrument Type Benchmarking
17.3.5.Recent Developments
17.4.Analytik Jena AG (Germany)
17.4.1.Company Snapshot
17.4.2.Company Overview
17.4.3.Financials
17.4.4.Instrument Type Benchmarking
17.4.5.Recent Developments
17.5. Bruker Corporation (US)
17.5.1.Company Snapshot
17.5.2.Company Overview
17.5.3.Financials
17.5.4.Instrument Type Benchmarking
17.5.5.Recent Developments
17.6.Hitachi Hi-Technologies Corporation (Japan)
17.6.1.Company Snapshot
17.6.2.Company Overview
17.6.3.Financials
17.6.4.Instrument Type Benchmarking
17.6.5.Recent Developments
17.7. Rigaku Corporation (Japan)
17.7.1.Company Snapshot
17.7.2.Company Overview
17.7.3.Financials
17.7.4.Instrument Type Benchmarking
17.7.5.Recent Developments
17.8.Shimadzu Corporation (Japan)
17.8.1.Company Snapshot
17.8.2.Company Overview
17.8.3.Financials
17.8.4.Instrument Type Benchmarking
17.8.5.Recent Developments
17.9.Eurofins Scientific (Luxembourg)
17.9.1.Company Snapshot
17.9.2.Company Overview
17.9.3.Financials
17.9.4.Instrument Type Benchmarking
17.9.5.Recent Developments
17.10.Intertek Group PLC (US)
17.10.1.Company Snapshot
17.10.2.Company Overview
17.10.3.Financials
17.10.4.Instrument Type Benchmarking
17.10.5.Recent Developments
17.11.SGS S.A. (Switzerland)
17.11.1.Company Snapshot
17.11.2.Company Overview
17.11.3.Financials
17.11.4.Technology Benchmarking
17.11.5.Recent Developments
17.12.Bureau Veritas S.A. (France)
17.12.1.Company Snapshot
17.12.2.Company Overview
17.12.3.Financials
17.12.4.Technology Benchmarking
17.12.5.Recent Developments
17.13.TÜV SÜD (Germany)
17.13.1.Company Snapshot
17.13.2.Company Overview
17.13.3.Financials
17.13.4.Technology Benchmarking
17.13.5.Recent Developments
17.14.LGC Ltd. (UK)
17.14.1.Company Snapshot
17.14.2.Company Overview
17.14.3.Financials
17.14.4.Technology Benchmarking
17.14.5.Recent Developments
17.15.Company 15
17.15.1.Company Snapshot
17.15.2.Company Overview
17.15.3.Financials
17.15.4.Technology Benchmarking
17.15.5.Recent Developments
17.16.Others Prominent Players
18. Conclusion & Recommendations

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Thermo Fisher Scientific (US)
  • Agilent Technologies (US)
  • PerkinElmer Inc. (US)
  • Analytik Jena AG (Germany)
  • Bruker Corporation (US)
  • Hitachi Hi-Technologies Corporation (Japan)
  • Rigaku Corporation (Japan)
  • Shimadzu Corporation (Japan)
  • Eurofins Scientific (Luxembourg)
  • Intertek Group PLC (US)
  • SGS S.A. (Switzerland)
  • Bureau Veritas S.A. (France)
  • TÜV SÜD (Germany)
  • LGC Ltd. (UK).