Particle Size Analysis Market Size, Share, Industry Trends and Forecast to 2030

Particle Size Analysis Market Size & CAGR in 2021

The global particle size analysis market is expected to reach a market size of USD 500 million by the end of 2021. The market is anticipated to grow at a CAGR of 5.7% during the forecast period from 2021 to 2026. The increasing demand for particle size analysis in various industries such as pharmaceuticals, healthcare, and chemical is driving the market growth.

COVID-19 Impact on the Particle Size Analysis Market

The outbreak of COVID-19 has significantly impacted the particle size analysis market. The pandemic has led to disruptions in the global supply chain, affecting the production and distribution of particle size analysis equipment. However, the market has also witnessed an increase in demand for particle size analysis solutions in the healthcare sector for research and development of vaccines.

Particle Size Analysis Dynamics

The particle size analysis market is driven by factors such as increasing research and development activities in pharmaceutical and biotechnology industries, growing demand for nanotechnology, and rising investments in material science. The market is also influenced by factors such as stringent regulatory requirements and the need for accurate and reliable particle size measurement.

Segments and Related Analysis

The particle size analysis market is segmented based on technology, dispersion type, end-user, and region. By technology, the market is categorized into laser diffraction, dynamic light scattering, imaging analysis, and others. Based on dispersion type, the market is divided into wet dispersion and dry dispersion. The end-user segment includes pharmaceuticals, healthcare, chemicals, and others.

By Region Analysis

In terms of region, North America dominates the particle size analysis market followed by Europe and Asia Pacific. The presence of key market players, technological advancements, and increasing investments in research and development activities drive the market growth in these regions. Furthermore, the Asia Pacific region is expected to witness significant growth due to the growing adoption of particle size analysis in the pharmaceutical and healthcare sectors.

Key Market Players and Competitive Landscape

Some of the key players in the particle size analysis market include Malvern Panalytical, Beckman Coulter, Inc., HORIBA, Ltd., Microtrac MRB, and Shimadzu Corporation. These companies are focusing on product innovation, strategic collaborations, and mergers to gain a competitive edge in the market.

Recent Happenings in the Particle Size Analysis Market

- In April 2021, Malvern Panalytical launched a new particle size analysis system with enhanced capabilities for the pharmaceutical industry.

- In July 2021, Beckman Coulter introduced a new dynamic light scattering instrument for accurate and reliable particle size measurement in research and development applications.

- In September 2021, HORIBA collaborated with a leading pharmaceutical company to develop customized particle size analysis solutions for drug formulation and development.

- In December 2021, Microtrac MRB announced the launch of a new imaging analysis system for particle size measurement in the chemical industry.

- In February 2022, Shimadzu Corporation acquired a nanotechnology company to expand its product portfolio in the particle size analysis market.