
South & Central America Nanoparticle Measurement Instrument Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 132 | Report Code: TIPRE00028799 | Category: Life Sciences
No. of Pages: 132 | Report Code: TIPRE00028799 | Category: Life Sciences
The South & Central America nanoparticle measurement instrument market size is expected to reach US$ 378.88 million by 2031 from US$ 296.78 million in 2023. The market is estimated to record a CAGR of 3.1% from 2023 to 2031.
The South & Central America nanoparticle measurement instrument market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil is expected to have a significant share in this region. Also, it is projected to grow with the highest growth rate. Factors including rising government initiatives such as conferences and collaborations in the field of nanotechnology are likely to bring growth opportunities in this region.
South & Central America Nanoparticle Measurement Instrument Market Strategic Insights
South & Central America Nanoparticle Measurement Instrument Market Segmentation Analysis
Key segments that contributed to the derivation of the South & Central America nanoparticle measurement instrument market analysis are type and end user.
Artificial intelligence (AI) has significantly altered the characterization of nanoparticles by offering a more efficient, accurate, and automated analysis of complex nanoparticle systems. The use of AI in nanoparticle characterization has transformed the field by improving accuracy, automating processes, enabling complex data analysis, and supporting the production and optimization of nanoparticles for a wide range of applications. Pharmaceutical companies can improve quality control, accelerate the development of new drugs, and provide patients with safer and more effective medication by connecting the potential of Al and ML.
Enhanced Accuracy and Efficiency: AI and machine learning (ML) algorithms can potentially analyze extensive collections of particle images more quickly and accurately than manual methods. They can classify particles, extract features, and quantify attributes such as size, shape, texture, and composition. Thus, they contribute to more reliable and efficient particle characterization techniques in the pharmaceutical industry.
High-Throughput Analysis: Pharmaceutical companies must assess the size, shape, and homogeneity of drug particles to guarantee consistent medication delivery and performance. AI and ML enable high-throughput analysis of particle images, facilitating the rapid identification and characterization of particles in vast numbers, in turn, aiding in quality control and effective medication formulation.
Process Optimization: AI and ML help enhance particle production processes by evaluating and linking particle properties to process variables. The performance and quality of medical products may be improved by optimizing process parameters to achieve desired particle characteristics with the help of AI and ML algorithms.
Tech companies such as ImageProVision provide their pharmaceutical clients with customized AI and ML-based particle characterization solutions. With significantly upgraded software, Innopharma Technology offers EYECON₂ direct imaging particle analyzer. EyePASS, a software solution for particle size image analysis, utilizes cutting-edge AI and ML capabilities.
Improvements have been made in the fields of nanotechnology, material science, environmental science, biomedical engineering, and other related disciplines as a result of an increase in research and development activities, which would lead to new possibilities for particle creation, research, and industrial application. AI and ML would revolutionize particle characterization through automation, advanced data analysis, predictive modeling, and integration with simulation models. These developments will expedite research and improve process control. Thus, the integration of AI and ML is emerging as a beneficial trend in the nanoparticle measurement instrument market.
Based on country, the South & Central America nanoparticle measurement instrument market comprises Brazil, Argentina, and the Rest of South & Central America. Brazil held the largest share in 2023.
In South & Central America, Brazil is promoting nanotechnology research. According to the Graphene Council, in April 2024, an international consortium of nanotechnology researchers and industry leaders was hosted by Gerdau Graphene in Brazil to discuss various topics related to measurement, health, safety, and application of nanotechnology to graphene. Also, the adoption of an internationally recognized industry standard guidelines such as SO/TS 80004-13:2017, ISO/TS 21357:2019, and ISO 10808:2010 for graphene nanoparticles in Brazil will facilitate the accurate categorization and commercial deployment of graphene-enhanced products such as Graphene-enhanced biosensor inks and medical devices. In addition, in April 2021, nanoComposix signed an agreement with Pró-Análise to expand the distribution of nanoComposix nanoparticles to customers across Brazil. These materials are used in various technologies, such as lateral flow assay diagnostics, targeted drug delivery, and optical displays. Each batch of nanoComposix nanoparticles is available with a certificate of analysis involving electron microscopy, hydrodynamic diameter, and optical measurements to ensure they meet specified standards. Further, The Brazilian Ministry for Science, Technology, Innovation, and Communication (MCTIC) launched a national action plan for nanotechnology in 2018, following previous investments of ~€140 (US$ 600) million in this field. The plan describes strategies for the further advancement of nanotechnology in Brazil and restructures the existing Brazilian Nanotechnology Initiative (IBN) as the chief federal governance body for nanotechnology. In Brazil, nanotechnology projects are eligible for various funding programs focusing on research, innovation, and tax incentives. The Brazilian Innovation Agency (FINEP), the EMBRAPII program (which supports projects in public-private consortia), and the Technology Fund (FunTec) of the National Development Bank (BNDES) offer such funding programs. Thus, the rising government support for research activities and other strategic initiatives creates opportunities for many contract research organizations and pharma companies to bring new analytical tools for nanoparticle research in Brazil.
South & Central America Nanoparticle Measurement Instrument Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 296.78 Million
Market Size by 2031
US$ 378.88 Million
Global CAGR (2023 - 2031)
3.1%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Type
By End User
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
South & Central America Nanoparticle Measurement Instrument Market Company Profiles
Some of the key players operating in the market 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.
Business Market Insights 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:
The South & Central America Nanoparticle Measurement Instrument Market is valued at US$ 296.78 Million in 2023, it is projected to reach US$ 378.88 Million by 2031.
As per our report South & Central America Nanoparticle Measurement Instrument Market, the market size is valued at US$ 296.78 Million in 2023, projecting it to reach US$ 378.88 Million by 2031. This translates to a CAGR of approximately 3.1% during the forecast period.
The South & Central America Nanoparticle Measurement Instrument Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Nanoparticle Measurement Instrument Market report:
The South & Central America Nanoparticle Measurement Instrument Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Nanoparticle Measurement Instrument Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Nanoparticle Measurement Instrument Market value chain can benefit from the information contained in a comprehensive market report.