Healthcare Upcoming Trends and Topics Reaction Monitoring Market, By Technology | Page 2

• The global reaction monitoring market is projected to reach USD 1.52 Billion
by 2022 from USD 1.15 Billion in 2017, at a CAGR of 5.7%. Factors such as
stringent regulatory guidelines in the pharmaceutical & biotechnology
industry; expansion of the food and beverages industry; and increasing public-
private investments in life science research are driving the market for reaction
monitoring.
• This report broadly segments the reaction monitoring market into technology,
reaction mode, and end user. On the basis of technology, the market is
categorized into spectroscopy, chromatography, X-ray diffraction, calorimetry,
and titrimetry. In 2017, the spectroscopy segment is expected to account for
the largest share of the market. The large share of this segment can be
attributed to the widespread use of spectroscopic techniques, increasing drug
development pipelines, and stringent regulatory compliance for drug
manufacturing & food processing protocols.
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