Houston, TX -- (SBWIRE) -- 08/24/2018 -- Research N Reports has added a new research report to its ever-expanding database on the automotive industries and materials. The report, titled "Global Process Analytical Technology Market Professional Survey Report 2018-2023."

Among the different techniques used in process analytical technology, spectroscopy held the largest share in the market in 2016 followed by chromatography, capillary electrophoresis, particle size analysis and other techniques. Spectroscopy held the largest share of the market owing to the growing number of pharmaceutical companies in the emerging economies, rising research and development expenditure by pharmaceutical companies and increasing compliance of regulatory guidelines by pharmaceutical companies. Among various spectroscopy techniques, molecular spectroscopy is expected to grow at the fastest rate as compared to atomic spectroscopy, and mass spectrometry, in the process analytical technology market during the forecast period. The growth in the category will be driven by wider application and increasing demand for molecular spectroscopy in the pharmaceutical as well as biopharmaceutical industry.

"The Process Analytical Technology market is expected to grow at +12% of CAGR between 2018 and 2023."

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In-line measurements were the largest measurement category in the 2016 process analysis technology market. If batch production is the most widely adopted production type in the pharmaceutical industry, inline and at-line measurement technology is the market for process analysis technology. However, due to the development of the process analysis technology industry, online measurement is being applied at a high rate in advanced countries.

Analyzers, sensors and probes and samplers are the main products used in the process analysis technology market, while chemical analysis and statistical data processing, repair and maintenance of equipment and training services are the main services related to the process analysis technology industry. The service sector is expected to grow faster than products during the forecast period as demand for chemical measurement and statistical data processing services increases.
Pharmaceutical companies have been the largest end-user in the process analysis technology market compared to biopharmaceutical manufacturers, contract research and manufacturing organizations due to the growing pharmaceutical industry in emerging economies.
Top Key Players Profiled in the report are:
Carl Zeiss AG, Emerson Electric, Perkinelmer, ABB, Thermo Fisher Scientific, Agilent Technologies, Mettler-Toledo International, Shimadzu Corporation, Danaher Corporation, Bruker Corporation

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Globally, North America held the largest share of the process analytical technology market, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is predicted to garner the fastest growth in the market during the forecast period, owing to the growing demand for pharmaceutical and biotechnology products, increasing number of USFDA approved plants, and expanding generics industry in countries such as India, and China.

Table of Contents
Global Process Analytical Technology Market Research Report.
Chapter 1 Process Analytical Technology Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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