Spectrometry Industry (Atomic, Molecular and Mass Spectrometry) is Expected to Reach USD 15.2 Billion Globally in 2017: Transparency Market Research

Spectrometry Industry (Atomic, Molecular and Mass Spectrometry) is Expected to Reach USD 15.2 Billion Globally in 2017: Transparency Market Research PR Newswire ALBANY, New York, July 31, 2012 ALBANY, New York, July 31, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Spectrometry Market (Atomic, Molecular and Mass Spectrometry) - Global Scenario, Trends, Industry Analysis, Size, Share & Forecast 2011 - 2017", global spectrometry market was worth USD 10.2 billion in 2011 and is expected to reach USD 15.2 billion in 2017, growing at a CAGR of 6.9% from 2011 to 2017. In the overall global market, the North America is expected to maintain its lead position in terms of revenue till 2017. The North America is expected to enjoy 36.2% of global spectrometry market revenue share in 2017 followed by Europe. Browse the full report at http://www.transparencymarketresearch.com/spectrometry- market.html Spectrometry Industry is witnessing a healthy growth rate due to continuous requirement of spectrometry instruments in various industries including pharmaceutical, chemical, biotechnology and foods and beverages. In the overall spectrometry market, pharmaceutical and biotechnological segments enjoyed a market share of 21% and 20% respectively in 2011.