Infrared Spectroscopy Devices Market

ID: MRFR/MED/2132-HCR

84 Pages

Kinjoll Dey

October 2025

Infrared Spectroscopy Devices Market Share, Trends and Growth Analysis By Spectrum Sensitivity (Near-Infrared (Nir), Mid-Infrared (Mid Ir), And Far-Infrared (Far Ir)); By Technology (Dispersive Infrared Spectroscopy And Fourier Transform Infrared (Ftir) Spectroscopy)); By Product (Bench Top, Portable, And Hyphenated) And By End Users (Hospitals And Clinics, Pharmaceutical Industry And Research Laboratories) - Forecast Till 2035

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Summary Table of Contents Segmentation Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Infrared Spectroscopy Devices Market Summary

The Global Infrared Spectroscopy Devices Market is projected to grow from 1.2 USD Billion in 2024 to 2.4 USD Billion by 2035, indicating robust growth potential.

Key Market Trends & Highlights

Infrared Spectroscopy Devices Key Trends and Highlights

The market is expected to experience a compound annual growth rate (CAGR) of 6.5 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 2.4 USD Billion, doubling from the base year value.
In 2024, the market is valued at 1.2 USD Billion, showcasing a strong foundation for future growth.
Growing adoption of infrared spectroscopy devices due to advancements in analytical techniques is a major market driver.

Infrared Spectroscopy Devices Market

CAGR

6.5%

Market Size & Forecast

2024 Market Size	1.2 (USD Billion)
2035 Market Size	2.4 (USD Billion)
CAGR (2025-2035)	6.5%

Major Players

PerkinElmer, Jasco, Shimadzu, Bruker Corp., Agilent Technologies, Thermo Fisher Scientific Inc., Princeton Instruments, Sartorius AG

Infrared Spectroscopy Devices Market Drivers

Increasing Demand in Pharmaceutical Applications

The Global Infrared Spectroscopy Devices Market Industry experiences heightened demand driven by the pharmaceutical sector. Infrared spectroscopy is pivotal in drug formulation, quality control, and compliance with regulatory standards. For instance, the ability to analyze complex mixtures and identify active pharmaceutical ingredients enhances the efficiency of drug development. As the industry evolves, the market is projected to reach 1.2 USD Billion in 2024, reflecting a growing reliance on these devices for accurate and rapid analysis. This trend suggests that pharmaceutical companies are increasingly investing in advanced infrared spectroscopy technologies to ensure product safety and efficacy.

Key Companies in the Infrared Spectroscopy Devices Market market include

Industry Developments

There are many key companies in the Infrared Spectroscopy Market. These companies take up developmental initiatives from time to time. Companies have developed new prototypes and product lines for release into the market. Many companies have taken up research and development for the improvement of existing product lines. Mergers and acquisitions joint partnerships have helped in the collective expansion of the sector.

Future Outlook

Infrared Spectroscopy Devices Market Future Outlook

The Infrared Spectroscopy Devices Market is projected to grow at a 6.5% CAGR from 2024 to 2035, driven by advancements in technology, increasing demand in pharmaceuticals, and environmental monitoring.

New opportunities lie in:

Develop portable infrared spectroscopy devices for field applications in environmental analysis.
Invest in AI-driven data analysis tools to enhance spectroscopy data interpretation.
Expand into emerging markets with tailored solutions for local industries.

By 2035, the Infrared Spectroscopy Devices Market is expected to reach a robust position, reflecting substantial growth and innovation.

Market Segmentation

By End-user

Healthcare
Chemicals
Oil and Gas
Food and Beverages
Other End-users

By Product Type

Benchtop Spectroscopes
Micro Spectroscopes
Portable Spectroscopes
Hyphenated Spectroscopes

By Technology

Near-infrared
Mid-infrared
Far-infrared

By Spectrum Sensitivity

Near-Infrared (Nir)
Mid-Infrared (Mid Ir)
Far-Infrared (Far Ir)

Report Scope

Attribute/Metric	Details
Market Size 2023	1 (USD Billion)
Market Size 2024	1.2 (USD Billion)
Market Size 2032	2 (USD Billion)
Compound Annual Growth Rate (CAGR)	6.24 % (2024 - 2032)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2023
Market Forecast Period	2024 - 2032
Historical Data	2019 - 2023
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	PerkinElmer, Jasco, Shimadzu, Bruker Corp., Agilent Technologies, Thermo Fisher Scientific Inc., Princeton Instruments, Sartorius AG and others
Key Market Opportunities	New product launches and R&D Amongst major key Players
Key Market Drivers	· Growing concern for safety · Stringent regulations for purity of the product · Growing cases of adulteration etc

Market Highlights

Infrared Spectroscopy Devices Companies

Author

Kinjoll Dey

Research Analyst Level I

He is an extremely curious individual currently working in Healthcare and Medical Devices Domain. Kinjoll is comfortably versed in data centric research backed by healthcare educational background. He leverages extensive data mining and analytics tools such as Primary and Secondary Research, Statistical Analysis, Machine Learning, Data Modelling. His key role also involves Technical Sales Support, Client Interaction and Project management within the Healthcare team. Lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.

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FAQs

At what CAGR is the Infrared Spectroscopy Devices Market projected to grow during the forecast period?

Infrared Spectroscopy Devices Market is projected to grow at a 6.24% CAGR between 2024-2032.

What will be the value of the Infrared Spectroscopy Devices Market during the forecast period?

Infrared Spectroscopy Devices Market is predicted to touch USD 2.0 Billion by 2032.

Which region will dominate the Infrared Spectroscopy Devices Market?

The Americas is predicted to dominate the Infrared Spectroscopy Devices Market.

Who are the notable players in the Infrared Spectroscopy Devices Market?

Notable players profiled in the Infrared Spectroscopy Devices Market include Sartorius AG, Princeton Instruments, Thermo Fisher Scientific Inc., Agilent Technologies, Bruker Corp., Shimadzu, Jasco, and PerkinElmer.

What are the different end use industries of Infrared Spectroscopy Devices Market?

Different end use industries of infrared spectroscopy devices market include research laboratories, pharmaceutical industry, and hospitals and clinics.

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