Nanoparticle Analysis Market by Development Analysis and Growth Progression to 2028

Latin America nanoparticle analysis market held a market share of approximately 3% in 2021 and is estimated to record considerable revenue growth by 2028. Prominent initiatives taken by the government to promote medical research activities across LATAM are expected to support regional market growth through the forecast timeframe.
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The nanoparticle analysis market is poised to witness substantial growth through 2028 due to prevalent product demand in key regions across the globe. In addition, notable advancements in the technology are slated to further boost market growth over the forecast period.
Notably, the nanoparticle tracking analysis (NTA) system is the most typically employed nanoparticle quantification technique worldwide. The method observes and tracks nanoparticles as a single particle unit in a captured image. Recently, in July 2021, a research study conducted by a group at Pohang University of Science & Technology (POSTECH) successfully measured the size, brightness, and amount of scattered light through NTA. The team, spearheaded by Dr. Siwoo Cho and doctoral candidate Johan Yi belonging to the Department of Mechanical Engineering, also measured individual particles' fluorescence signals. As a result, increased research efforts in the field have positively impacted the technological landscape of the industry over the past few years.
The nanoparticle analysis market has been divided in terms of technology, analysis type, application, and region. With respect to technology, the market has been bifurcated into laser diffraction, resonant mass measurement, dynamic light scattering, nanoparticle tracking analysis, x-ray diffraction, microscopy, and others.
By analysis type, the nanoparticle analysis market has been categorized into zeta potential analysis, particle concentration analysis, particle size analysis, particle shape analysis, molecular structure analysis, flow property analysis, and molecular weight analysis. The molecular weight analysis sub-segment is expected to grow at a CAGR of more than 4.5% over the review timespan. Rising demand for molecule analysis during the drug development process is poised to boost segmental progress.
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From the application perspective, the nanoparticle analysis market has been classified into academic research institutions, medical device companies, pharmaceutical and biopharmaceutical companies, and public and private research institutions. The academic research institutions sub-segment is projected to witness strong growth by 2028, delivering a notable CAGR through the analysis period. Surging adoption of nanoparticle analysis systems in universities and academic institutions for educational purposes is foreseen to drive segmental demand in the forthcoming years.
In 2021, the laser diffraction sub-segment garnered a nanoparticle analysis market share of over 20% and is anticipated to observe steady growth through 2028. Ongoing technological advancements in laser-based nanoparticle analysis instruments are likely to drive segmental growth in the coming years.
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