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Download Free sampleThe global Portable Analytical Instruments market was valued at 7693.02 Million USD in 2021 and will grow with a CAGR of 1.99% from 2021 to 2027, based on newly published report.
The prime objective of Portable Analytical Instruments Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Portable Analytical Instruments Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Portable analytical instruments are medical devices that are smaller in size compared with conventional bench top analyzers and facilitate multiple tests in a miniaturized device. Lab analytical instruments are critical for correctly identifying components of various samples presented in food and beverage, pharmaceutical, oil and gas, and metal and chemical industries.In 2018, North America is expected to command the largest share of the global portable analytical instruments market due to the presence of major key players in this region, thereby, increasing its market share. With the rising food, environment, and drug safety concerns in Asia-Pacific, the demand for portable analytical instruments in this region is expected to grow, which in turn will compel the key players to expand their geographical presence in this region. Therefore, the strategy of expansions by the key players in this region is fueling the growth of this market.
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