Spectrophotometer Market: COVID-19 Business Continuity Plan | Evolving Opportunities With Agilent Technologies Inc. and Avantor Inc. | Technavio
LONDON–(BUSINESS WIRE)–The global spectrophotometer market is expected to grow by USD 869.24 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 6%.
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Read the 120-page report with TOC on “Spectrophotometer Market Analysis Report by Application (Life science, Pharmaceutical, Food and beverage, Environmental, and Others), Geography (North America, Europe, Asia, and ROW), and the Segment Forecasts, 2020-2024”.
The market is driven by the increase in the launch of new products. In addition, the growing usage of smartphone spectrophotometer is anticipated to boost the growth of the spectrophotometer