Raman Spectroscopy Market worth $1.1 billion by 2028 - Exclusive Report by MarketsandMarkets™
Lack of development of low-cost, highly efficient Raman spectrometers
- Lack of development of low-cost, highly efficient Raman spectrometers
Handheld & Portable Raman sub-segment in instrument segment is expected to grow at the highest CAGR of the Raman spectroscopy market during the forecast period. - Pharmaceuticals application is expected to account for the highest market share of the Raman spectroscopy market during the forecast period.
- China is likely to be the fastest-growing market for Raman spectroscopy in Asia Pacific during the forecast period.
- The rising R&D initiatives in biomedicals in China is among the leading factors fueling the growth of the Raman spectroscopy market.