CIRCULAR DICHROISM (CD) SPECTROMETER MARKET ANALYSIS

Regional Analysis

Global Circular Dichroism Spectrometer Market - Regional Insights

Among regions, North America is expected to hold dominant position in the global circular dichroism spectrometer market, owing to the increasing research and development activities, presence of better infrastructure, and government investments in the research field. For instance, on April 8, 2020, Fonds de recherche du Québec – santé (FRQS), a government health science research funding organization, provided US$ 2 million funding to the McGill University, in order to establish the largest structural biology facility in Quebec, Canada, which will include several facilities and specialized equipment such as circular dichroism spectrometers, X-ray diffraction sets, and mass spectrometers, among others.

Moreover, in Europe, key manufacturers are focusing on inorganic growth strategies such as collaborations and acquisitions, in order to enhance their product portfolio and to strengthen their position in the global market. For instance, in 2018, BioLogics Sciences Instruments entered into a collaboration with Hinds Instruments Ltd. and launched EKKO, a high throughput microplate reader or advanced circular dichroism spectrometer, which can scan 96 well plate within two minutes.

Moreover, Asia Pacific is also an emerging market, owing to the increasing distribution of the circular dichroism spectrometer globally. For instance, in 2018, Applied Photophysics signed a distribution agreement with Particular Sciences Ltd., for the distribution of the Applied Photophysics’ Chirascan circular dichroism (CD) systems throughout the Europe market.