Handheld Raman Spectroscopy Global Market Report 2025

The handheld raman spectroscopy market size has grown rapidly in recent years. It will grow from $1.2 billion in 2024 to $1.34 billion in 2025 at a compound annual growth rate (CAGR) of 12.4%. The growth during the historic period can be attributed to the increasing need for on-site material identification, heightened regulatory compliance requirements, rising demand for forensic and narcotics detection, greater availability of miniaturized components, and growing investments in homeland security.

The handheld raman spectroscopy market size is expected to see rapid growth in the next few years. It will grow to $2.13 billion in 2029 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to the increasing adoption of Raman spectroscopy in food safety and agriculture, greater integration with AI and cloud analytics, expansion of personalized medicine and point-of-care diagnostics, a growing emphasis on sustainable and green chemistry practices, and rising demand for contract manufacturing and quality assurance. Key trends expected during this period include increased investment in research and development, the integration of artificial intelligence and machine learning, the emergence of cloud-connected Raman systems, innovations in user-friendly interfaces and ergonomic designs, and advancements in miniaturization and performance optimization.

The growing emphasis on personalized treatment approaches is expected to drive the expansion of the handheld Raman spectroscopy market in the coming years. Personalized treatment involves customizing medical care based on an individual’s genetic makeup, lifestyle, and environmental factors, resulting in more precise and effective therapies. This approach is gaining traction due to advancements in genetic and molecular profiling, which allow for therapies tailored to a person's unique biological characteristics. Handheld Raman spectroscopy supports personalized treatment by offering rapid, non-invasive molecular analysis at the point of care, enabling informed and targeted therapeutic decisions based on accurate chemical and biochemical data. For example, in February 2024, the Personalized Medicine Coalition, a U.S.-based healthcare organization, reported that in 2023, the U.S. Food and Drug Administration (FDA) approved 16 new personalized treatments for patients with rare diseases, a significant increase from six approvals in 2022. As a result, the growing adoption of personalized treatment is contributing to the advancement of the handheld Raman spectroscopy market.

Leading companies in the handheld Raman spectroscopy market are concentrating on the development of innovative technologies, such as QuickDetect, to improve the speed, sensitivity, and precision of on-site chemical identification. These advancements enable users to detect trace amounts of substances, even through packaging or within complex mixtures. QuickDetect technology refers to a rapid detection system designed to swiftly identify specific substances, conditions, or anomalies. For example, in September 2023, Rigaku Analytical Devices Inc., a U.S.-based manufacturer and distributor of scientific and analytical instruments, introduced the CQL Narc-ID - a handheld 1064 nm Raman analyzer specifically developed for the rapid detection of narcotics, cutting agents, and precursor chemicals, including in trace quantities. The device features QuickDetect technology, integrated libraries, a rugged design, and real-time reporting capabilities to support law enforcement and public safety applications.

In June 2023, Thermo Fisher Scientific Inc., a U.S.-based biotechnology company, acquired MarqMetrix for an undisclosed sum. This acquisition is intended to strengthen Thermo Fisher’s real-time analytics capabilities by incorporating MarqMetrix’s advanced Raman-based in-line process analytical technology (PAT) into its product portfolio. MarqMetrix is a U.S.-based firm specializing in solid-state Raman technology for process Raman systems, delivering in-line measurement solutions across a range of industries.

Major players in the handheld raman spectroscopy market are Thermo Fisher Scientific Inc., Agilent Technologies Inc., Bruker Corporation, Horiba Scientific, Anton Paar GmbH, Renishaw plc, Metrohm AG, TSI Incorporated, Zolix Instruments Co. Ltd., Smiths Detection Inc., SciAps Inc., SOL Instruments Ltd., Jasco Inc., Wasatch Photonics Inc., BaySpec Inc., Enhanced Spectrometry Inc., TechnoS Instruments, RamanLife Inc., Analyticon Instruments GmbH, and TechnoSpex Pte Ltd.

North America was the largest region in the handheld raman spectroscopy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in handheld raman spectroscopy report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the handheld raman spectroscopy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Handheld raman spectroscopy refers to portable instruments that utilize Raman scattering to detect and analyze the molecular structure of materials directly at the point of use. These devices enable rapid, non-destructive testing and real-time chemical identification across a range of industries, including pharmaceuticals, security, and environmental monitoring.

The primary product categories within the handheld raman spectroscopy market include benchtop Raman spectroscopy, portable Raman spectroscopy, and handheld Raman spectroscopy. Benchtop Raman spectroscopy is a compact laboratory device that employs laser light to identify and analyze the molecular composition of substances by detecting their vibrational signatures. The market comprises various components such as Raman spectrometers, accessories, and software solutions, and incorporates technologies like surface-enhanced Raman scattering (SERS), tip-enhanced Raman scattering (TERS), Raman imaging, and standard Raman spectroscopy. Major end users include academic and research institutions, pharmaceutical and biotechnology firms, among others.

The handheld raman spectroscopy market research report is one of a series of new reports that provides handheld raman spectroscopy market statistics, including the handheld raman spectroscopy industry global market size, regional shares, competitors with the handheld raman spectroscopy market share, detailed handheld raman spectroscopy market segments, market trends, and opportunities, and any further data you may need to thrive in the handheld raman spectroscopy industry. These handheld raman spectroscopy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The handheld raman spectroscopy market consists of revenues earned by entities by providing services such as chemical identification, material verification, pharmaceutical analysis, and hazardous substance detection. The market value includes the value of related goods sold by the service provider or included within the service offering. The handheld raman spectroscopy market also consists of sales of point-and-shoot lenses for solids, polymers and plastics, and chemicals and raw materials. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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