Base Year
Historical Year
Forecast Year
The India analytical instrument market size reached a value of around USD 3.77 billion in 2023, driven by the growing demand of quality control and assurance, increasing research and developments, and technological advances. The market is further expected to grow at a CAGR of 11% during the forecast period of 2024-2032, likely to attain a market value of around USD 9.65 billion by 2032.
Analytical instruments are the scientific tools that are used to measure, analyse, and characterize various physical, chemical, and biological properties. Analytical instruments are employed in various industries for quality control and analysis purposes, in schools and colleges, among other institutions, for performing experiments and doing research work. In healthcare sector, these instruments are used for clinical diagnosis of samples and in forensic laboratories, it is used for analysing evidence of suspects. The rising demand for the analysis in these sectors is adding to the analytical instrument market demand.
Most common analytical instruments include spectrophotometer, mass spectrometer for quantitative analysis of the sample, chromatography instruments for separation of components from a mixture, atomic absorption spectrometer to determine concentration of trace elements in the sample, NMR to determine the molecular structure, and X-ray diffraction to study arrangement of atoms.
Based on segments, the market is divided into type, product type, application, and region.
Market Breakup by Type
Market Breakup by Product Type
India Analytical Instrument Market Breakup by Application
Market Breakup by Region
According to the Indian Analytical Instruments Association (IAIA), the market for analytical instrument is anticipated to witness robust growth over the coming years. This can largely be attributed to the rising investment by the government in the research and development of this sector. The relaxing procurement procedures, which were earlier one of the key hurdles in the development of the market, are also adding up to the India analytical instrument market value.
With favourable changes in human resource policies, accompanies by rapid technologies, the market is likely to register remarkable growth during the forecast period.
Artificial intelligence (AI) is also expected to play a crucial role in the steady development of the market. All these factors, collectively, are likely to provide a significant impetus to the India analytical instrument market development.
Apart from this, the growth of the global market is driven by the increasing research and development activities in India. Analytical instruments are essential in every project for providing accurate and precise measurements and characterization of the samples. Growth of the healthcare sector in India is directly proportional to the rise in analytical instrument market for clinical diagnosis.
With the advances in technology, the efficacy, accuracy, and sensitivity of the analytical instruments have also increased. Initiatives of Indian government to promote ‘Make in India’ has encouraged the manufacturing of analytical instruments in India.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the analytical instrument companies in India, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Indian market for analytical instrument is quite vast. The market attained a value of USD 3.77 billion in 2023, driven by the growing demand of quality control and assurance, increasing research and developments, and technological advances.
The market is anticipated to grow at a CAGR of 11% during the forecast period of 2024-2032 to attain a value of around USD 9.65 billion by 2032.
The growth of the market is driven by the growing demand of quality control and assurance, increasing research and developments, and technological advances.
The key trends which are bolstering the market growth include rise of digitalization and data analysis, growing demand of quality testing in all sectors, increased adoption of advanced technologies.
The major types in the market can be categorised into BOD/COD, pH meter, conductivity meter, chromatography, total organic carbon analyser, and spectroscopy, among others.
The major product types in this market can be categorised into benchtop, inline, and portable.
These analytical instruments find wide applications in pharma and biotechnology, chemicals and petrochemicals, food and beverages, municipal departments.
The major regional markets include North, West, South, and East region of India.
The key players in the market can be categorised into Thermo Fisher Scientific India Pvt. Ltd., Agilent Technologies India Pvt. Ltd., DHR Holding India Pvt. Ltd., Mettler-Toledo India Pvt. Ltd., PerkinElmer (India) Pvt. Ltd., Hanna Instruments India Pvt. Ltd., Waters India Pvt. Ltd., Shimadzu Analytical India Pvt. Ltd., Lab India Instruments Pvt. Ltd., and Yokogawa India Ltd., among others.
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+44-753-713-2163
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+1-415-325-5166
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193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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