Global Analytical Standards Market Overview:
According to SPER Market Research, the Global Analytical Standards Market is estimated to reach USD 2.65 billion by 2032 with a CAGR of 6.54%.
The sale of analytical standards and related goods by businesses (organisations, sole proprietors, and partnerships) that produce analytical instruments makes up the analytical standards market. An analytical standard is a premium substance in a predetermined concentration that is used as a reference standard for a particular experiment. In all disciplines, including veterinary, life sciences, food and beverage, forensics, environmental, and pharmaceutical industries, analytical standards are being created. Inorganic standards and organic standards are the two basic categories of analytical standards. In order to identify, purify, and separate components in a mixture for quantitative and qualitative examination, chromatography is a biophysical approach. Chromatography is utilised for complicated mixtures of simple chemical molecules, steroid hormones, purines, peptides, carbohydrates, and amino acids. Chromatography, spectroscopy, titrimetry, and assessment of physical properties are among the principal methods used to create analytical standards. The many analytical standards procedures include dissolution testing, stability testing, raw material testing, and bioanalytical testing.
Impact of COVID-19 on the Global Analytical Standards Market
The market for analytical standards has been severely impacted by the COVID-19 epidemic. In the manufacturing and supply chain, the analytical instrumentation industry faces difficulties meeting uneven demand for its goods and services, as well as delivering items on time to end users. The analytical standards market is also experiencing a short-term decline in growth, which can be attributed to a number of factors, including a decrease in product demand from key end-users, limited operations in the majority of industries, insufficient funding for research and academic institutions, the temporary closure of important academic institutions, a disrupted supply chain, and difficulties in providing necessary/post-sales services because of lockdowns. These elements have caused end users' demand for analytical standards to decline. The expansion of the market for analytical standards is anticipated to be hampered in the upcoming years by the high capital investment needed for the analytical equipment. In clinical, oil refinery, pharmaceutical, chemical, and food processing facilities, analytical instruments are a wide range of tools used for analysis.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By End User, By Methodology, By Technique, By Application, By Type |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | AccuStandard, Inc., Agilent Technologies, Cayman Chemical Company, Chiron AS, GFS Chemicals, Inc., LGC Standards, Mallinckrodt, Merck KGaA , PerkinElmer, Inc., Restek Corporation, RICCA Chemical Company, SPEX CertiPrep, Thermo Fisher Scientific, Inc., US Pharmacopeial Convention, Waters Corporation
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Global Analytical Standards Market Segmentation:
By End User: Based on the End User, Global Analytical Standards Market is segmented as; Environmental, Food & Beverages Standards, Forensic Standards, Petrochemistry Standards, Pharmaceutical and Life Science Standards, Veterinary Drug Standards.
By Methodology: Based on the Methodology, Global Analytical Standards Market is segmented as; Bioanalytical Testing, Stability Testing, Raw material Testing, Dissolution Testing, Other Methodologies.
By Technique: Based on the Technique, Global Analytical Standards Market is segmented as; Chromatography, Spectroscopy, Titrimetry, Physical Property Testing.
By Application: Based on the Application, Global Analytical Standards Market is segmented as; Microbiology Testing, Physical Properties Testing, Toxicity Testing, Contamination Testing, QA/QC Testing, Proficiency Testing, Stability Testing, Other Applications.
By Type: Based on the Type, Global Analytical Standards Market is segmented as; Organic Standards, Inorganic Standards.
By Region: The analytical standards market is dominated by North America (the US and Canada). The market is mature in North America, where analytical technologies are widely used by key end users (food testing labs, environmental pollution monitoring labs, drug testing labs, and forensic laboratories), and where manufacturers and suppliers of analytical standards products have established distribution networks.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Analytical Standards Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4.Heat map analysis
6. Global Analytical Standards Market, By End User, 2019-2032 (USD Million)
6.1. Environmental
6.2. Food & Beverages Standards
6.3. Forensic Standards
6.4. Petrochemistry Standards
6.5. Pharmaceutical and Life Science Standards
6.6. Veterinary Drug Standards
7. Global Analytical Standards Market, By Methodology, 2019-2032 (USD Million)
7.1. Bioanalytical Testing
7.2. Dissolution Testing
7.3. Raw material Testing
7.4. Stability Testing
7.5. Other Methodologies
8. Global Analytical Standards Market, By Technique, 2019-2032 (USD Million)
8.1. Chromatography
8.2. Physical Property Testing
8.3. Spectroscopy
8.4. Titrimetry
9. Global Analytical Standards Market, By Application, 2019-2032 (USD Million)
9.1. Contamination Testing
9.2. Microbiology Testing
9.3. Physical Properties Testing
9.4. Proficiency Testing
9.5. QA/QC Testing
9.6. Stability Testing
9.7. Toxicity Testing
9.8. Other Applications
10. Global Analytical Standards Market, By Type, 2019-2032 (USD Million)
10.1. Inorganic Standards
10.2. Organic Standards
11. Global Analytical Standards Market, By Region, 2019-2032 (USD Million)
11.1. North America
11.1.1. Canada
11.1.2. Mexico
11.1.3. United States
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Rest of Europe
11.2.5. Spain
11.2.6. United Kingdom
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. Rest of Asia-Pacific
11.3.6. South Korea
11.4. South America
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Middle East & Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Rest of Middle East & Africa
12. Company Profiles
12.1. AccuStandard Inc.
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Agilent Technologies
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Cayman Chemical Company
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Chiron AS
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. GFS Chemicals, Inc.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. LGS Standards
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Mallinckrodt
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Merck KGaA
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. PerkinElmer, Inc.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Restek Corporation
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. RICCA Chemical Company
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. SPEX Certiprep
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Thermo Fischer Scientific, Inc.
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
12.14. US Pharmacopeial Convention
12.14.1. Company details
12.14.2. Financial outlook
12.14.3. Product summary
12.14.4. Recent developments
12.15. Waters Corporation
12.15.1. Company details
12.15.2. Financial outlook
12.15.3. Product summary
12.15.4. Recent developments