Fluorometer Market

Fluorometer Market by Light source (Lamps, LEDs, Diode Lasers, and Lasers), Application (Chemistry/Biochemistry, Medicine & Others), and End User (Hospitals, Pharmaceutical and Biotechnology Firms & CROs, Others) - Global Forecast to 2023

Report Code: UC 1998 Apr, 2023, by marketsandmarkets.com

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The global Fluorometer market is expected to reach USD 668.2 million by 2023 from USD 521.1 million in 2018, growing at a CAGR of 5.1%. Increasing incidence of cancer, advancement in cancer diagnostics, technological advancement in fluorometry are some of the major factors driving the growth of the global fluorometer market. These driving factors consequence to the rapid adoption of these new devices, thus propelling the market growth.

North America dominates the fluorometer market with the North America accounted major market share in 2017. Established healthcare infrastructure; and increasing diagnostic procedures are some of the major driving factors driving the growth of this market in North America. The Asian Fluorometer market is poised to grow at the highest CAGR during the forecast period owing to improving healthcare infrastructure and rising awareness about advanced medical devices among people in the region. The rising focus of prominent players on the Asian fluorometer market is another factor driving its growth. Furthermore, emerging countries such as India and China provides immense growth opportunities to the fluorometer manufacturers.

Prominent players in the Fluorometer market are DeNovix, Inc. (U.S.), Thermo Fisher Scientific (U.S.), Agilent Technologies (U.S.), Berthold Technologies (U.S.), Shimadzu (Japan), Horiba Scientific (Japan), Bio-Rad Laboratories (U.S.), Promega Corporation (U.S.), Turner Designs, Inc. (U.S.) and Hitachi Instruments (China).