The North America nanoparticle measurement instrument market size is expected to reach US$ 5,072.73 million by 2031 from US$ 3,567.46 million in 2023. The market is estimated to record a CAGR of 4.5% from 2023 to 2031.
The nanoparticle measurement instruments market in North America is segmented into the US, Canada, and Mexico. In 2023, the US held the largest share of the nanoparticle measurement instruments market in North America. The growing presence of companies offering nanoparticle measurement instruments, the commercialization of nanotechnology in the pharmaceutical and biotechnology industry and increasing activities in research and development by the medical device industry are the factors propelling the market for nanoparticle measurement instruments in the region.
North America Nanoparticle Measurement Instrument Market Segmentation Analysis:
Key segments that contributed to the derivation of the North America nanoparticle measurement instrument market analysis are type and end user.
Higher sensitivity, accuracy, and throughput requirements of nanoparticle measurement and characterization drive advancements in various analytical techniques. Nanoparticle tracking analysis (NTA) has grown in popularity owing to its ability to detect and examine individual nanoparticles in solutions and provide information on their size distribution and concentration. Multi-laser NTA is an advanced patented technology featuring three simultaneously operating lasers with independently adjustable power. Recent developments such as fluorescence NTA improve the ability to analyze fluorescently labeled nanoparticles, which is particularly useful in targeted and tracking studies.
Atomic force microscopy (AFM) aids in the high-resolution topographical imaging of large nanoparticle samples on surfaces. In July 2024, Park Systems, a leading nano-metrology system maker, announced the launch of Park FX200, its newest AFM innovation, which is intended for 200-millimeter (mm) samples. The FX200 is designed to satisfy the requirements of both industrial and research applications as it exhibits notable improvements in the large-sample AFM technology. The development of nanoparticle measurement tools with modern analytical methods results in an upsurge in the use of nanotechnology in several sectors, particularly in medicine. Thus, the introduction of technologically advanced products for nanoparticle measurement drives the growth of the nanoparticle measurement instrument market.
Based on country, the North America nanoparticle measurement instrument market comprises the US, Canada, and Mexico. The US held the largest share in 2023.
In recent years, significant progress has been made in the development of nanoparticles for various clinical applications, including disease diagnosis and treatment. For instance, when lipid-based, polymeric, and inorganic nanoparticles are engineered in increasingly specialized ways, these particles can be widely optimized for drug delivery in a personalized manner; this introduces the era of precision medicine. Owing to these emerging applications of nanoparticles in the field of healthcare, various companies in the US are launching advanced instruments to analyze nanoparticles. For instance, in July 2023, JEOL USA, Inc. launched two new SEM at the Microscopy and Microanalysis (MandM) exhibition held in Minneapolis. The JSM-IT710HR SEM is a compact, versatile Schottky Field Emission SEM, which is ideal for higher resolution needs. Also, the JSM-IT210 InTouch Scope SEM features an easy, automated workflow for new operators. These SEMs incorporate JEOL intelligent technology for simple operation; fast, high-resolution imaging; and analysis of various specimen types such as peacock feathers, limestone particles, and polymers. Moreover, the presence of analytical instrument manufacturing companies such as Thermo Fisher Scientific, Spectradyne, and Waters Corporation boosts the availability and accessibility of analytical instruments for the measurement of nanoparticles across the US.
North America Nanoparticle Measurement Instrument Market Company Profiles
Some of the key players operating in the market include Bruker; Spectradyne LLC.; Malvern Panalytical Ltd; IZON Science LTD; Particle Metrix GmbH; Microtrac Retsch GmbH; Horiba Ltd; Angstrom Advanced Inc.; Shimadzu Corp; and Yokogawa Electric Corp, among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include: