DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8wljnb/india_analytical) has announced the addition of the "India Analytical Instruments Market Forecast & Opportunities, 2018" report to their offering.
Till a few decades back, India was only regarded as a drug manufacturing hub, however, over the past few years, India's pharmaceutical sector has reformed into a global R&D hub. As a cascade effect, the life sciences sector also experienced dynamic growth. The growth in life sciences and pharmaceutical research is contributing to the growth of allied industries such as laboratory instruments and consumables market. Laboratory analytical instruments market in India is growing at a rapid pace owing to the increasing requirement for environmental monitoring and growing industrial needs. The growth of analytical instruments market largely depends on the performance and R&D spending of industries such as pharmaceutical, chemical, food & beverages, oil & gas, etc. The growth of the end user application industries is contributing significantly to the growth of analytical instruments market in India. The industry is witnessing speedy technological improvements as a result of continually increasing R&D initiatives. The manufacturers are focusing on developing new products which are more compact, faster, cheaper, accurate and multi-disciplined.
According to India Analytical Instruments Market Forecast & Opportunities, 2018, the market for analytical instruments in India is expected to grow at the CAGR of over 11% during 2013-2018. The report figures out that the market for analytical instruments in India is majorly driven by the pharmaceutical industry followed by life sciences industry. The increasing government expenditure on research and development along with rising investments in the pharmaceutical sector are contributing to the growth of analytical instruments market in India. The market for analytical instrumentation is dominated by foreign players such as Thermo Fisher Scientific, Shimadzu, Agilent Technologies, Waters and Perkin Elmer.
- Agilent Technologies India Pvt. Ltd.
- Analytic Jena India Pvt. Ltd.
- Bruker Corporation
- GE Analytical Instruments
- Hach India
- Perkin Elmer (India) Pvt. Ltd.
- Shimadzu Analytical (India) Pvt. Ltd.
- Thermo Fisher Scientific
- Waters Corporation
- Xylem Water Solution India Pvt. Ltd.
For more information visit http://www.researchandmarkets.com/research/8wljnb/india_analytical
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