Elemental Analysis Market Growing At A CAGR Of 6.2% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.
San Francisco, 20 August 2019: The Report Elemental Analysis Market By Type of Elements (Organic, Inorganic), By Technology (Destructive Technologies, Non-destructive Technologies), By Region, And Segment Forecasts, 2018 – 2025 The global elemental analysis market is expected to reach USD 2.02 billion by 2025, growing at a CAGR of 6.2%, according to a new report by Grand View Research, Inc. The market is primarily driven by amendments in the ICH (International Council for Harmonisation of Technical Requirements for Registration of Pharmaceuticals for Human Use) regulations that mandate use of elemental analysis for finished medical products, including pharmaceuticals. Many manufacturers of elemental analyzers invest in R&D of new and technologically advanced products. In addition to their expenses for R&D, many key players launched new products in the market in the past 3 years. For instance, in May 2016, Agilent Technologies launched Agilent 5110 ICP-OES, which was d