GLOBAL IR SPECTROSCOPY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In November 2023, Wiley, a leading global publisher in research and learning, launched the Wiley Database of Predicted IR Spectra. This new resource integrates over 60 years of IR spectroscopy expertise and data curation with advanced machine-learning techniques, significantly expanding the available IR spectral data for analysis.
• In July 2023, Bruker Optics introduced the MOBILE-IR II, a lightweight, rechargeable FT-IR spectrometer that offers laboratory-grade spectral performance. This portable device allows users worldwide to conduct both standard and specialized FT-IR applications in the field, transforming spectroscopic analysis beyond traditional lab settings.
• In August 2022, Shimadzu Europe released the IRXross, a mid-level FTIR spectrophotometer known for its outstanding signal-to-noise ratio, ease of use, rapid measurement speed, and high resolution. This instrument delivers superior performance, addressing a wide range of analytical needs with exceptional efficiency.
• In February 2022, ABB announced that its MB3600 Fourier transform NIR spectrometer for cement raw material testing would be funded by China’s National Natural Science Foundation. This initiative supports market expansion with a single product across various sectors, optimizing resource use and boosting competitiveness.
• In September 2020, Bruker Corporation acquired Canopy Biosciences, LLC, a leader in high multiplex biomarker imaging for immuno-oncology, immunology, and cell therapy. This acquisition enhances Bruker's portfolio in multi-omics and fluorescence-based imaging technologies, strengthening its role in advanced life science research and diagnostics.