Market Overview

Global X-ray Crystallography Market 2018-2022| Rising Investment in Drug Discovery to Boost Demand| Technavio

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Technavio
analysts forecast the global X-ray crystallography market to grow at a
CAGR of around 11% during the forecast period, according to their
latest market research report.

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Technavio has published a new market research report on the global x-ray crystallography market from ...

Technavio has published a new market research report on the global x-ray crystallography market from 2018-2022. (Graphic: Business Wire)

The increasing demand for portable instruments is one of the major
trends being witnessed in the global
X-ray crystallography market 2018-2022
. Traditionally, X-ray
crystallography systems are large and bulky. Despite X-ray
crystallography being a powerful technique, its application has been
limited in areas where the object under investigation needs to be
brought close to the instrument. To overcome this obstacle, vendors have
developed advanced X-ray crystallography instruments that are small and
portable which makes them easy to share among multiple laboratories.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global X-ray crystallography market is the growing
investment in drug discovery:

Global X-ray crystallography market: Growing
investment in drug discovery

Globally, the prevalence of diseases has increased. According to the
Centers for Disease Control and Prevention (CDC), in the US alone, each
year, more than 1.5 million people are diagnosed with cancer, and this
number is expected to increase to 2 million a year by 2020, leading to
the increasing demand for new drugs.

According to a senior analyst at Technavio for research on life science
research tools, "The pharmaceutical R&D spending, facilitating the
drug approval process, has increased globally. This is evident from the
fact that a percentage of the global GDP is directly being invested in
R&D."

Global X-ray crystallography market:
Segmentation analysis

The global X-ray crystallography market research report provides market
segmentation by end-user (pharmaceutical industry, biotechnology sector,
and others), and by region (the Americas, EMEA, and APAC). It provides
an in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

Of the two major end-users, the pharmaceutical industry held the largest
market share in 2017, contributing to over 43% of the market. The growth
of the segment can be due to the increasing applications of X-ray
crystallography in drug discovery and target identification.

The Americas held the largest share of the market in 2017, accounting
for more than 40% share. The region occupied the highest share owing to
the advances in the chemical and pharmaceutical industries. Though APAC
occupied the least share of the market, it is expected to experience the
fastest growth due to the growing prevalence of diseases that
necessitate X-ray crystallography for disease detection.

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  • Market characteristics
  • Market segmentation analysis

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  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
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Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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