Near-infrared Spectroscopy Market - Global Industry Analysis and Forecast 2017 - 2025


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Near infrared spectroscopy is an optical technology that is based on the interaction between electromagnetic radiation and matter. The technique is widely used to measure wavelength and absorption of near infrared (NIR) light. This is widely used to by the consumers to determine mass, structure, and composition of a substance in all three different state of matter. The technology is widely used to determine bond between atoms, molecules, atomic or molecular ions, solids with in the material.

  • The technique has a significant importance in clinical chemistry and non-invasive diagnostics. It is widely used to determine wavelength absorbed or emitted by an atom or molecule from long time.
  • The nature of the interaction between radiation and matter include absorption, emission, or scattering.
  • This is an old technology, however in recent year it has gained much traction with increasing demand from pharmaceutical companies.
  • Apart from this, the technology is widely used in several other sector such as biotechnology, food analysis, forensic lab application, proteomic research, genetics & genomics analysis, insect detection, and crime detection.
  • The increasing application of the technology is one of the primary reasons behind the growth of the near infrared spectroscopy market.

The rise in number of research and development in the field has resulted in the application of infrared spectroscopy used in analysis of several techniques such as fiber-optic accessories, dry film measurements and point of care instruments. In addition to this, near infrared spectroscopy is also used in setting up of reagent-free multi-parameter assays for various bio fluids by using the mid-infrared spectra. This is another prominent factor expected to fuel the growth of the near infrared spectroscopy market.

Near-infrared spectroscopy (NIRS) is a technique used for the imaging purpose in different branches of science such as clinical medicine, emergency medicine and other areas of in institutes and laboratories where it gives sufficient information about the structure of a compound and measure the oxygenation status of human tissue non-invasively. Recently, near infrared spectroscopy has become an important technique process of analysis in the pharmaceutical industry for quality control and raw material testing. Apart from pharmaceutical companies, near infrared technology is getting accepted in other fields, such as biotechnology, food analysis, genetics & genomics analysis, proteomic research, insect detection, forensic lab application and crime detection. In medical science, the near infrared spectroscopy is a valuable tool for analysis.

Infrared spectroscopy has a significant value in clinical chemistry and non-invasive diagnostics. For instance, it may be used in setting up of reagent-free multi-parameter assays for various biofluids by using the mid-infrared spectra. Nanoliter sample volumes in dry film measurements can be utilized for patient self-monitoring systems and other systems such as point of care instruments; fiber-optic accessories can be an option for assisting the device miniaturization, which makes the tool more user-friendly. Various other devices are recently brought into the market that utilizes continuous blood glucose monitoring for critically ill patients. Near-infrared radiation is applied in assays of skin for noninvasive glucose quantification and diabetes screening. For diagnosis and other research perspectives the near-infrared spectroscopy can be useful for a long term as it has more accurate and specific results. Thus, an increase in demand for specific tests and quality purpose are the factors that are expected to favor the market for demand of near-infrared spectroscopy.

Global Near-infrared spectroscopy market is segmented on the basis of industry type and modality

  • Segmentation by industry type
    • Pharmaceutical
    • Chemical Industry
    • Agriculture
  • Segmentation by modality
    • Hand Held
    • Bench Top

Near-infrared spectroscopy has potential for improving the monitoring and control of pharmaceutical processes quality assurance.

The requirement of less or no consumables makes the technique more on demand, and non-destructive and non-invasive measurements are some factors that are expected to provide traction to the market in the near future. Other market driving factors such as continuous real-time data can be obtained along with the identification accuracy for a pure compound makes it a better option for qualitative research in various branches of science. The gradual growth in atomic and molecular physics are projected to support the market for near infrared spectroscopy as they use the technique in determining the energy states of atoms by observing the light absorbed or emitted during the change in state.

However, there are some factors that impede the market for near infrared spectroscopy and slows down the growth. Factors such as the machines are expensive that makes less focus on developing techniques for detection tests by companies due to less profitability, and lack of awareness among physicians are some of the factors that could hamper the growth of the global Near-infrared spectroscopy market.

By region, near-infrared spectroscopy market is segmented into five regions: North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America dominates the global near-infrared spectroscopy market due to extensive use of the technology in research and development process followed by Western Europe and Japan in Asia Pacific region. However, growth in other Asian regions is projected to grow with an increase in demand for research process due to the economic environment and availability of resources.

Some of the player in the near infrared spectroscopy devices market are Bruker, Shimadzu Corporation, Agilent Technologies, Metrohm, PerkinElmer, Inc, Edinburgh Instruments Ltd

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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