Report : Europe Nanoparticle Measurement Instrument Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Instrument Type (X-Ray Diffraction, Scanning Electron Microscopy, Atomic Force Microscopy, Photon Correlation Spectroscopy, Nanoparticle Surface Area Monitor, Transmission Electron Microscopy, Condensation Particle Counter, Differential Mobility Analyzer, Scanning Mobility Particle Sizer, Nanoparticle Tracking Analysis, Aersol Particle Mass Analyzer, and Others) and End User (Pharmaceutical Industry, Biotechnology Industry, Contract Research Organizations, and Others)

The pharmaceutical industry segment by end user is estimated to lead the market growth during the forecast period.

According to a new market research study of “Europe Nanoparticle Measurement Instrument Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Instrument Type, End User and Country.” The Europe nanoparticle measurement instrument market is expected to reach US$ 3,738.49 million by 2028 US$ 2,465.01 million in 2021; it is estimated to grow at a CAGR of 6.1% from 2021-2028. The report highlights trends prevailing in the Europe nanoparticle measurement instrument market and the factors driving market along with those that act as hindrances.

Nanotechnology is an area of sciences and engineering where the phenomenon is on a nanoscale, and they are utilized in the characterization of the materials. According to the European Commission, in Europe, they have estimated that the sector is worth over US$ 1 trillion. Many nanoelectronics centers that follow international standards have been established at main institutes in Germany. The state-of-the-art nanofabrication facilities at these centers have become very popular in Germany and other countries.

Further, an initiative in Europe, Horizon 2020 program, aims to create a bridge between markets and nanotechnology research and is arranged to realize the potential contribution to competitiveness, sustainable growth, and increased quality of life.

Also, Governments of different countries and industrial houses spend ample resources on R&D activities related to nanotechnology to create new products and obtain patents. According to the data provided by Mckinsey, in 2019, ~US$ 2.3 trillion, i.e., ~2% of the total global GDP, was spent on R&D activities around the world. Half of the amount was spent in the healthcare industry, and the remaining amount was allocated to the government and academic research institutes. Many industrial houses in nanotechnology are focusing on the development of engineered nanoparticles, which are important and can be used in different fields. Also, governments are continuously focusing on the development of beneficiary nanoparticles for electronics and pharmaceutical applications.

Further, there is a rapid increase in R&D investments in developing countries, such as India, China, and Australia. Such rapid surge in investments in R&D is driving the growth of the research activities for the growth of the nanoparticles market, which is anticipated to fuel the growth of the nanoparticle measurement instrument market to engineer nanoparticles according to the required size.

The Europe nanoparticle measurement instrument market, based on Instrument type is segmented into x-ray diffraction, scanning electron microscopy, atomic force microscopy, photon correlation spectroscopy, nanoparticle surface area monitor, transmission electron microscopy, condensation particle counter, differential mobility analyzer, scanning mobility particle sizer, nanoparticle tracking analysis, aersol particle mass analyzer, and others. The Europe nanoparticle measurement instrument market based on the end user was segmented into pharmaceutical industry, biotechnology industry, contract research organization, and others. Geographically, the Europe nanoparticle measurement instrument market is sub-segmented into Germany, Italy, Spain, France, UK and Rest of Europe.

Bruker, Micromeritics Instruments Corporation, Spectradyne LLC., Malvern Panalytical Ltd, IZON Science LTD, Microtrap Retsch GmbH, SHIMADZU CORPORATION, and Yokogawa Electric Corporation are among the leading companies operating in the Europe nanoparticle measurement instrument market.

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