Geographically, North America which includes the United States and
Canada continues to be a leading market for spectrometry. The United
States market accounts for major contribution owing to larger large
number of research institutes, higher spending on research and
development activities and favorable funding environment compared to
other regions. Although Canada’s contribution in North America
revenue is significantly low as compared to the United States, yet
there has been a positive shift in trend towards usage of spectrometry
instruments considering the rise in awareness about food safety,
pollution control and increased in research related activities.
Asia-Pacific region during the forecast is the fastest growing region
owing to an estimated shift of research and development related
activities to countries like China, India, Thailand, Indonesia, Japan and
Malaysia. This is proven by recent development in which Waters