Analysts’ Viewpoint
Extensive research activities pertaining to biologics as well as other drug molecules is a key factor that is fueling the circular dichroism (CD) spectrometers market size.
Circular dichroism spectrophotometers are generally used to determine the secondary and tertiary structure of proteins.
Increase in shift toward biologics from chemical formulations is also positively impacting circular dichroism (CD) spectrometers industry dynamics.
Manufacturers of circular dichroism analysis devices are introducing newer CD modalities in order to increase the applications of circular dichroism spectrometers in structural biology.
In line with the latest circular dichroism (CD) spectrometers market trends, key players are striving to provide end-users with the option of three stage wavelength selection system that is a step ahead of traditional CD spectrometers.
They are also engaged in continuous innovations in CD spectrometers to increase their industry share.
Circular dichroism (CD) is a spectroscopic technique that is used to study the structure of proteins based on differential right and left circular polarized light principle.
Growth in biomedical applications of circular dichroism spectrometers in disease research is driving the demand for circular dichroism (CD) spectrometers.
Advanced features are being introduced in circular dichroism spectrometers (CD) for maximizing light output in UV length region.
Advanced spectrometers can be used on direct basis in several equipment such as High Performance Liquid Chromatography (HPLC) instrument, which makes quantifying sample molecules simpler.
Awareness about circular dichroism (CD) spectrometers is also being spread by key participants.
For instance, Applied Photophysics, in May 2020, organized an online webinar to showcase the working as well as application of Chirascan circular dichroism spectrometers to understand the structure of proteins.
However, initial purchase and maintenance costs of circular dichroism (CD) spectrometers are high. The equipment also requires specialized infrastructure and skilled operators.
These are prominent factors that are restraining the circular dichroism (CD) spectrometers market growth.
Government agencies as well as biopharmaceutical companies are increasingly investing in biologics/biopharmaceuticals such as gene and cellular therapies, vaccines, fusion proteins, monoclonal antibody (mAb), interferon, and insulin to facilitate the treatment of several chronic ailments.
As per a report published by the American Cancer Society dated April 2022, biologics are used to treat cancer. Amgen Inc., in June 2022, received approval for RIABNI (rituximab-Marx), a biosimilar for Rituxan, from the U.S. FDA.
It is used to treat patients afflicted with active rheumatoid arthritis (RA) and inadequately responding to one or more tumor necrosis factor (TNF) antagonist therapies in conjunction with methotrexate.
In August 2022, Innovent Biologics collaborated with Sanofi to develop two cancer drugs called SAR444245/non-alpha IL-2 for neck and head tumors and skin cancer, and SAR408701/tusamitamab ravtansine for treating gastric, lung, and the other types of cancer.
Thus, rise in applications of circular dichroism spectrometers in structural biology to study precise CD spectra of protein molecules (so that biopharmaceuticals can be devised) is augmenting the circular dichroism (CD) spectrometers industry.
Circular dichroism is one of the common techniques employed in structural biology, pharmaceutical chemistry, and biochemistry to examine structures as well as conformational alterations in proteins, thereby providing a reference data for future examination.
The COVID-19 pandemic and the post-pandemic era alike witnessed a sizable demand for CD spectrophotometers for the development of vaccines against COVID-19.
In line with this, Cold Spring Harbor Laboratory, in March 2020, used J-1500 to find the relationship between heparin and coronavirus spike S1 protein receptor binding domain (SARS-CoV-2 S1 RBD).
Thus, research is being continuously carried out to build reference data for circular dichroism of several biomolecules. This is creating lucrative circular dichroism (CD) spectrometers market opportunities for companies operating in the sector.
North America accounted for the largest circular dichroism (CD) spectrometers market share in 2022. The region is anticipated to maintain its dominance across the global landscape during the forecast period.
Governments of the U.S. and Canada are extensively engaged in research and development activities in circular dichroism spectrometers.
In April 2020, Fonds de recherché du Quebec - (FRQS) sanctioned funding worth US$ 2.0 Mn for McGill University for establishing a large structural biology facility at Quebec, Canada.
The facility includes various specialty equipment such as X-Ray diffraction sets, circular dichroism spectrometers, and mass spectrometers.
Europe is likely to record significant market development in the near future. Companies operating in the circular dichroism (CD) spectrometers market in the region are engaged in inorganic strategies such as acquisitions and collaborations to expand their product portfolio.
Global pharmaceutical companies are increasingly shifting their research labs to countries in Asia in order to reduce their overheads. This is projected to boost the market statistics of Asia Pacific during the forecast period.
Leading players operating in the global circular dichroism (CD) spectrometers landscape are engaged in expansion of manufacturing capacity, upgrade of existing spectrometers, and licensing their instruments to other companies.
For instance, Applied Photophysics has introduced Chirascan Q100, an upgraded version of Chirascan CD.
Companies are also striving to introduce new generation spectrometers for characterization of biomolecules, determination of absolute configuration, and stereochemical analysis.
They are equipping their spectrometers with robust features for applications ranging from education and routine analysis to complex research.
JASCO, On-Line Instrument Systems, Inc. (Olis), Bio-Logic Science Instruments, Aviv Biomedical, Inc., Applied Photophysics Ltd., and Bruker are prominent companies operating in the global circular dichroism (CD) spectrometers market.
These companies have been profiled in the circular dichroism (CD) spectrometers market report based on parameters such as company overview, business strategies, financial overview, product portfolio, and business segments.
| Attribute | Detail |
|---|---|
| Market Size in 2022 | US$ 34.2 Mn |
| Market Forecast (Value) in 2031 | US$ 59.3 Mn |
| Market Growth Rate (CAGR) | 6.4% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2017-2021 |
| Quantitative Units | US$ Mn for Value |
| Market Analysis | It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available Upon Request |
| Pricing | Available Upon Request |
It was valued at US$ 34.2 Mn in 2022
It is projected to grow at a CAGR of 6.4% from 2023 to 2031
Shift of focus toward biologics from chemical formulations and extensive research activities for building reference data for circular dichroism of various molecules
The pharmaceutical industry accounted for the largest share in 2022
North America was the dominant region in 2022
JASCO, On-Line Instrument Systems, Inc. (Olis), Bio-Logic Science Instruments, Aviv Biomedical, Inc., Applied Photophysics Ltd., and Bruker
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Circular Dichroism (CD) Spectrometers Market
4. Market Overview
4.1. Introduction
4.1.1. Product Definition
4.1.2. Industry Evolution/Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Circular Dichroism (CD) Spectrometers Market Analysis and Forecast, 2017–2031
5. Key Insights
5.1. Pipeline Analysis
5.2. Key Product/Brand Analysis
5.3. Key Mergers & Acquisitions
5.4. COVID-19 Pandemic Impact on Industry
6. Global Circular Dichroism (CD) Spectrometers Market Analysis and Forecast, by Product
6.1. Introduction & Definition
6.2. Key Findings/Developments
6.3. Market Value Forecast, by Product, 2017–2031
6.3.1. Linearly Polarized Light Sources
6.3.2. Circularly Polarized Light Sources
6.3.3. Multiple Light Sources
6.4. Market Attractiveness Analysis, by Product
7. Global Circular Dichroism (CD) Spectrometers Market Analysis and Forecast, by End-user
7.1. Introduction & Definition
7.2. Key Findings/Developments
7.3. Market Value Forecast, by End-user, 2017–2031
7.3.1. Pharmaceutical Industry
7.3.2. Government & Private Research Organizations
7.3.3. Contract Research Organizations
7.4. Market Attractiveness Analysis, by End-user
8. Global Circular Dichroism (CD) Spectrometers Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Market Value Forecast, by Region, 2017–2031
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness Analysis, by Region
9. North America Circular Dichroism (CD) Spectrometers Market Analysis and Forecast
9.1. Introduction
9.2. Key Findings
9.3. Market Value Forecast, by Product, 2017–2031
9.3.1. Linearly Polarized Light Sources
9.3.2. Circularly Polarized Light Sources
9.3.3. Multiple Light Sources
9.4. Market Value Forecast, by End-user, 2017–2031
9.4.1. Pharmaceutical Industry
9.4.2. Government & Private Research Organizations
9.4.3. Contract Research Organizations
9.5. Market Value Forecast, by Country, 2017–2031
9.5.1. U.S.
9.5.2. Canada
9.6. Market Attractiveness Analysis
9.6.1. By Product
9.6.2. By End-user
9.6.3. By Country
10. Europe Circular Dichroism (CD) Spectrometers Market Analysis and Forecast
10.1. Introduction
10.2. Key Findings
10.3. Market Value Forecast, by Product, 2017–2031
10.3.1. Linearly Polarized Light Sources
10.3.2. Circularly Polarized Light Sources
10.3.3. Multiple Light Sources
10.4. Market Value Forecast, by End-user, 2017–2031
10.4.1. Pharmaceutical Industry
10.4.2. Government & Private Research Organizations
10.4.3. Contract Research Organizations
10.5. Market Value Forecast, by Country/Sub-region, 2017–2031
10.5.1. Germany
10.5.2. U.K.
10.5.3. France
10.5.4. Italy
10.5.5. Spain
10.5.6. Rest of Europe
10.6. Market Attractiveness Analysis
10.6.1. By Product
10.6.2. By End-user
10.6.3. By Country/Sub-region
11. Asia Pacific Circular Dichroism (CD) Spectrometers Market Analysis and Forecast
11.1. Introduction
11.2. Key Findings
11.3. Market Value Forecast, by Product, 2017–2031
11.3.1. Linearly Polarized Light Sources
11.3.2. Circularly Polarized Light Sources
11.3.3. Multiple Light Sources
11.4. Market Value Forecast, by End-user, 2017–2031
11.4.1. Pharmaceutical Industry
11.4.2. Government & Private Research Organizations
11.4.3. Contract Research Organizations
11.5. Market Value Forecast, by Country/Sub-region, 2017–2031
11.5.1. China
11.5.2. Japan
11.5.3. India
11.5.4. Australia & New Zealand
11.5.5. Rest of Asia Pacific
11.6. Market Attractiveness Analysis
11.6.1. By Product
11.6.2. By End-user
11.6.3. By Country/Sub-region
12. Latin America Circular Dichroism (CD) Spectrometers Market Analysis and Forecast
12.1. Introduction
12.2. Key Findings
12.3. Market Value Forecast, by Product, 2017–2031
12.3.1. Linearly Polarized Light Sources
12.3.2. Circularly Polarized Light Sources
12.3.3. Multiple Light Sources
12.4. Market Value Forecast, by End-user, 2017–2031
12.4.1. Pharmaceutical Industry
12.4.2. Government & Private Research Organizations
12.4.3. Contract Research Organizations
12.5. Market Value Forecast, by Country/Sub-region, 2017–2031
12.5.1. Brazil
12.5.2. Mexico
12.5.3. Rest of Latin America
12.6. Market Attractiveness Analysis
12.6.1. By Product
12.6.2. By End-user
12.6.3. By Country/Sub-region
13. Middle East & Africa Circular Dichroism (CD) Spectrometers Market Analysis and Forecast
13.1. Introduction
13.2. Key Findings
13.3. Market Value Forecast, by Product, 2017–2031
13.3.1. Linearly Polarized Light Sources
13.3.2. Circularly Polarized Light Sources
13.3.3. Multiple Light Sources
13.4. Market Value Forecast, by End-user, 2017–2031
13.4.1. Pharmaceutical Industry
13.4.2. Government & Private Research Organizations
13.4.3. Contract Research Organizations
13.5. Market Value Forecast, by Country/Sub-region, 2017–2031
13.5.1. GCC Countries
13.5.2. South Africa
13.5.3. Rest of Middle East & Africa
13.6. Market Attractiveness Analysis
13.6.1. By Product
13.6.2. By End-user
13.6.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player - Competitive Matrix (by Tier and Size of Companies)
14.2. Market Share Analysis, by Company (2022)
14.3. Company Profiles
14.3.1. JASCO
14.3.1.1. Company Overview
14.3.1.2. Product Portfolio
14.3.1.3. SWOT Analysis
14.3.1.4. Financial Overview
14.3.1.5. Strategic Overview
14.3.2. On-Line Instrument Systems, Inc. (Olis)
14.3.2.1. Company Overview
14.3.2.2. Product Portfolio
14.3.2.3. SWOT Analysis
14.3.2.4. Financial Overview
14.3.2.5. Strategic Overview
14.3.3. Bio-Logic Science Instruments
14.3.3.1. Company Overview
14.3.3.2. Product Portfolio
14.3.3.3. SWOT Analysis
14.3.3.4. Financial Overview
14.3.3.5. Strategic Overview
14.3.4. Aviv Biomedical, Inc.
14.3.4.1. Company Overview
14.3.4.2. Product Portfolio
14.3.4.3. SWOT Analysis
14.3.4.4. Financial Overview
14.3.4.5. Strategic Overview
14.3.5. Applied Photophysics Ltd.
14.3.5.1. Company Overview
14.3.5.2. Product Portfolio
14.3.5.3. SWOT Analysis
14.3.5.4. Financial Overview
14.3.5.5. Strategic Overview
14.3.6. Bruker
14.3.6.1. Company Overview
14.3.6.2. Product Portfolio
14.3.6.3. SWOT Analysis
14.3.6.4. Financial Overview
14.3.6.5. Strategic Overview
List of Tables
Table 01: Global Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 02: Global Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 03: Global Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Region, 2017–2031
Table 04: North America Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Country, 2017–2031
Table 05: North America Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 06: North America Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 07: Europe Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 08: Europe Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 09: Europe Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 10: Asia Pacific Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 11: Asia Pacific Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 12: Asia Pacific Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 13: Latin America Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 14: Latin America Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 15: Latin America Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 16: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 17: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 18: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast, by End-user, 2017–2031
List of Figures
Figure 01: Global Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) and Distribution (%), by Region, 2022 and 2031
Figure 02: Global Circular Dichroism (CD) Spectrometers Market Revenue (US$ Mn), by Product, 2022
Figure 03: Global Circular Dichroism (CD) Spectrometers Market Value Share, by Product, 2022
Figure 04: Global Circular Dichroism (CD) Spectrometers Market Revenue (US$ Mn), by End-user, 2022
Figure 05: Global Circular Dichroism (CD) Spectrometers Market Value Share, by End-user, 2022
Figure 06: Global Circular Dichroism (CD) Spectrometers Market Value Share, by Region, 2022
Figure 07: Global Circular Dichroism (CD) Spectrometers Market Value (US$ Mn) Forecast, 2023–2031
Figure 08: Global Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Product, 2022 and 2031
Figure 09: Global Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Product, 2023-2031
Figure 10: Global Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by End-user, 2022 and 2031
Figure 11: Global Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by End-user, 2022-2031
Figure 12: Global Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Region, 2022 and 2031
Figure 13: Global Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Region, 2022-2031
Figure 14: North America Circular Dichroism (CD) Spectrometers Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 15: North America Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Country, 2023–2031
Figure 16: North America Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Country, 2022 and 2031
Figure 17: North America Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Product, 2022 and 2031
Figure 18: North America Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by End-user, 2022 and 2031
Figure 19: North America Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Product, 2023–2031
Figure 20: North America Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by End-user, 2023–2031
Figure 21: Europe Circular Dichroism (CD) Spectrometers Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 22: Europe Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 23: Europe Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Country/Sub-region, 2022 and 2031
Figure 24: Europe Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Product, 2022 and 2031
Figure 25: Europe Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by End-user, 2022 and 2031
Figure 26: Europe Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Product, 2023–2031
Figure 27: Europe Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by End-user, 2023–2031
Figure 28: Asia Pacific Circular Dichroism (CD) Spectrometers Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 29: Asia Pacific Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 30: Asia Pacific Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Country/Sub-region, 2022 and 2031
Figure 31: Asia Pacific Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Product, 2022 and 2031
Figure 32: Asia Pacific Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by End-user, 2022 and 2031
Figure 33: Asia Pacific Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Product, 2023–2031
Figure 34: Asia Pacific Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by End-user, 2023–2031
Figure 35: Latin America Circular Dichroism (CD) Spectrometers Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 36: Latin America Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 37: Latin America Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Country/Sub-region, 2022 and 2031
Figure 38: Latin America Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Product, 2022 and 2031
Figure 39: Latin America Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by End-user, 2022 and 2031
Figure 40: Latin America Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Product, 2023–2031
Figure 41: Latin America Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by End-user, 2023–2031
Figure 42: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Size (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 43: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 44: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Country/Sub-region, 2022 and 2031
Figure 45: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by Product, 2022 and 2031
Figure 46: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Value Share Analysis, by End-user, 2022 and 2031
Figure 47: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by Product, 2023–2031
Figure 48: Middle East & Africa Circular Dichroism (CD) Spectrometers Market Attractiveness Analysis, by End-user, 2023–2031
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Circular Dichroism (CD) Spectrometers Market
*86 figures and 60 tables includes