(Frost & Sullivan: San Antonio, TX) -- Various industries, including food and beverage, environmental, biopharmaceuticals, clinical research and diagnostics have been driving the global laboratory analytical instrumentation market. The food industry has been a particularly prominent end user for the market due to the need to control food adulteration. Irrefutably, the food industry, along with the environmental sector has been applying more sophisticated chromatographic and spectroscopic techniques to improve the quality of testing.
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Recent analysis from Frost & Sullivan, Global Laboratory Analytical Instrumentation Market, finds that the market earned revenues of $7.48 billion in 2014 and estimates this to reach $11.39 billion in 2021. The study covers molecular spectroscopy, separation and elemental spectroscopy analysis.
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