Data Bridge Market Research analyses that the X-ray crystallography market will account for USD 1,487.53 million by 2028 and grow at a CAGR of 12.5% in the forecast period of 2021-2028. X-Ray crystallography is a diagnostic and research procedure involving the use of crystals and x-ray diffractions to study them. This helps in the understanding of crystal atomic and molecular structure. This diffraction contributes in the creation of an image of electrons present in crystals utilising diffraction data and generating a 3D image of the same.
The rise in the prevalence of chronic diseases and increase in the investments and expenditure acquired for drug discoveries are the major factors that will influence the growth of the X-ray crystallography market. Furthermore, expansion in the areas of applicability of the technology to industries other than healthcare and advancement in product offerings resulting in portable products which will lead to the high adoption are the driving factor accelerating the growth of the X-ray crystallography market.
Increasing focus on research and development activities and emerging new markets will further provide beneficial opportunities for the market growth.
However, high cost and availability of alternative methods as well as advanced technologies will obstruct the market growth. Requirement of certain products and methods such as crystals before x-ray crystallography can be utilized which will challenge the X-ray crystallography market.
Browse a Detailed Summary of the Research Report @ https://www.databridgemarketresearch.com/reports/global-x-ray-crystallography-market
The major players covered in the X-ray crystallography market report are Charles River Laboratories, Bruker, Rigaku Corporation, WuXi AppTec, Hitachi High-Technologies Corporation, Shimadzu Corporation, Thermo Fisher Scientific, Anton Paar GmbH, MiTeGen LLC, Huber Diffraktionstechnik GmbH & Co. KG, Spectris, Molecular Dimensions Limited, Agilent Technologies, Inc., MOXTEK, Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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