| Title | Analytical Standards Market worth $2.1 billion by 2028 |
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| URL | https://www.prnewswire.com/news-releases/analytical-standards-market-worth-2-1-billion--marketsandmarkets-301958733.html |
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| Category | Fitness Health --> Health Articles |
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| Meta Keywords | Analytical Standards Market |
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| Meta Description | North America accounted for a share of 38.7% of the market, followed by Europe with a share of 26.8%. |
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| Owner | Healthcare101 |
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| Description |
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| The analytical standards industry is poised for significant growth in the near future, driven by advancements in technology and increasing demands for precision and reliability in various sectors such as pharmaceuticals, environmental monitoring, and food safety. With the rise of complex analytical techniques, there will be an escalating need for certified reference materials and calibration standards to ensure the accuracy and consistency of analytical results. Additionally, the globalization of supply chains and stringent regulatory requirements will foster greater standardization and quality assurance, positioning the industry to play a pivotal role in maintaining the integrity of scientific measurements and the safety of products worldwide. This sector's evolution promises to be integral in facilitating innovation and ensuring the highest standards of quality in a rapidly evolving, data-driven world.
Analytical Standards Market in terms of revenue was estimated to be worth $1.5 Billion in 2023 and is poised to reach $2.1 Billion by 2028, growing at a CAGR of 6.9% from 2023 to 2028 according to a new report by MarketsandMarkets. Factors such as growth in the applications of analytical techniques in proteomics & metabolomics and the rising public concerns related to optimal food safety & quality are high growth prospects for the analytical standards market during the forecast period. |
