Thermal analysis is an application of a precision controlled temperature program that allows quantification of a change in a material's properties with change in temperature. Factors such as patent expiry of blockbuster drugs and biomolecules, growth in research activities in major end-user segments, and food and product safety regulations are driving the growth of the market.
MARKET SCOPE
The "Global Thermal Analysis Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the thermal analysis market with detailed market segmentation by product, type, functionality, end user and geography. The report provides key statistics on the market status of the leading thermal analysis market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on product, the global thermal analysis market is segmented into differential scanning calorimetry analyzers, thermogravimetric analyzers, differential thermal analyzers, simultaneous thermal analyzers, thermomechanical analyzers, dynamic mechanical analyzers, other thermal analyzers.
- On the basis of functionality, the market is segmented into single-functionality analyzers, simultaneous-functionality analyzers.
- On the basis of end user, the market is segmented into, pharmaceutical and biotechnology companies, research and academia, other end user.
MARKET DYNAMICS
Drivers:
- Rising Life Science R&D Expenditure
- Growing Research Activities Using Thermal Analyzers
- Patent Expiry of Blockbuster Drugs and Biomolecules
Restraints:
- High Cost of Equipment
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Thermal Analysis market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
IMPACT OF COVID-19 ON THERMAL ANALYSIS MARKET
Thermal analysis market has been negatively impacted due to COVID-19. Short-term impacts of COVID-19 pandemic includes demand changes, regulation revisions, research, and development process changes. In addition, industry growth slow-down, approval delays, moving towards self-sufficiency in pharm-production supply chain and trend changes in consumption of health-market products. The pandemic poses considerable crisis on the health markets, including the pharmaceutical sector, thus impacting the growth of the market.
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MARKET PLAYERS
The report covers key developments in the Thermal Analysis market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Thermal Analysis market are anticipated to lucrative growth opportunities in the future with the rising demand for Thermal Analysis market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Thermal Analysis market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- TA Instruments
- Netzsch
- Linseis
- Mettler-TOLEDo
- Perkinelmer
- Setaram Instrumentation
- Shimadzu
- Hitachi High-Technologies
- Rigaku
- Theta Industries