Analytical Standards Market to Grow by USD 657.8 Million (2024-2028) with Rapid Growth in the Life Science Industry Boosting the Market, Report on AI Impact on Market Trends - Technavio

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global analytical standards market size is estimated to grow by USD 657.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.78%  during the forecast period. Rapid growth in life science industry is driving market growth, with a trend towards increasing adoption of custom standards. However, limited shelf life of analytical standards  poses a challenge. Key market players include AccuStandard Inc., Agilent Technologies, Inc., Cayman Chemical, Chiron AS, GFS Chemicals, Inc., LGC Limited, Mallinckrodt, Merck KGaA, PerkinElmer, Inc., Restek Corporation, Ricca Chemical Company, SPEX CertiPrep, The United States Pharmacopeial Convention, Thermo Fisher Scientific Inc., Waters Corporation

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The Analytical Standards Market is experiencing significant growth due to increasing trends in proteomics and metabolomics, food safety, and quality control. This includes food testing, chromatography, mass spectrometry, and spectroscopy. These techniques are essential for identifying respiratory infections, diseases like cancer, and analyzing metabolites in food products and cell metabolites. Environmental concerns are also driving market growth, with a focus on monitoring sulfur dioxides, carbon dioxide, and air quality. Industries like power plants, renewable fuels, and public transport are key customers. In healthcare, there's a growing need for analytical standards in infectious diseases, such as influenza, malaria, HIV, and tuberculosis. Genomic techniques, biomarkers, and biologic drugs are also major areas of interest. The market caters to various industries including pharmaceutical, biopharmaceutical, and life sciences. Businesses use analytical standards for stability testing, dissolution testing, bioanalytical testing, raw material testing, clinical trials, and accreditations like ISO standards. Major players in the market include Thermo Fisher Scientific, CD Bioparticles, and FDA. Techniques like titrimetry, thermo Fisher Scientific's liquid chromatography, and gas chromatography are widely used. Other applications include petrochemistry standards, veterinary drug standards, and pesticides. Business strategies and business segments continue to evolve, focusing on cancer, chronic diseases, and custom synthesis. 

Analytical standards vendors have honed their skills in custom synthesis through various reagent synthesis methods. They maintain inventories of custom synthetic products, ensuring prompt backorders. Seamless scale-up options are a priority for these manufacturers, enabling transportation of custom synthetic materials to large-scale manufacturing facilities and GMP facilities. AccuStandard is one such company specializing in high-purity chemical synthesis for reference standards. Custom synthesis ranges from milligrams to kilograms, with a focus on producing organic pollutants and their metabolites for the community. 

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•         The Analytical Standards Market faces various challenges in sectors like Proteomics and Metabolomics, Food safety, and Quality control in Food testing. Chromatography, Mass spectrometry, and Spectroscopy are crucial analytical techniques used in identifying Respiratory infections, Diseases like Cancer, and environmental issues such as Sulfur dioxides and Carbon dioxide. Industries like Power plants, Renewable fuels, and Public transport impact Air quality, necessitating stringent Environmental standards. In Life sciences, Genomic techniques, Bioanalytical testing, and Stability testing are essential for Drug discovery, Clinical trials, and Accreditations like ISO standards. Businesses in Pharmaceuticals, Biopharmaceuticals, and Healthcare infrastructure deal with challenges like Patent protection, Business strategies, and Segments like Spectroscopy, Calibration standards, and Physical property testing. Veterinary drugs, Petrochemicals, and Pharmaceuticals require specific standards for Titrimetry, Thermo Fisher Scientific, Liquid chromatography, and Gas chromatography. Additionally, Pesticides, Biomarkers, and Biologic drugs face challenges in Drug molecules, Diseases like Cancers and Chronic diseases, and Custom synthesis. Companies like CD Bioparticles and FDA play a vital role in ensuring regulatory compliance.

•         In the analytical industry, maintaining the stability and accuracy of analytical standards over their limited shelf life is a significant challenge. These reference materials, essential for calibrating instruments and validating methods, can undergo chemical reactions, leading to changes in their composition and properties. Exposure to contaminants, such as air, moisture, or other substances, can cause degradation and alteration. Physical changes, like crystallization, aggregation, or evaporation, can also impact their accuracy. Incorrect storage conditions, including high temperatures or humidity, can expedite the degradation process. Proper handling, storage, and regular replacement are crucial to ensure the reliability and consistency of analytical results.

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This analytical standards market report extensively covers market segmentation by  

• Type
• Chromatography
• Spectroscopy
• Titrimetry
• Physical Properties Testing
• Application
• Food And Beverages
• Pharmaceuticals And Life Sciences
• Environmental
• Others
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa
• Methodology
• Bioanalytical Testing
• Stability Testing
• Raw Material Testing
• Dissolution Testing
• Others

1.1 Chromatography-  The chromatography segment is projected to dominate the global analytical standards market due to its effectiveness in identifying and separating impurities in complex samples. Chromatography's popularity is driven by the availability of various types, including liquid and gas chromatography, and the ease of use with instruments like mass spectrometers. This technology's high performance and interoperability with other analytical tools reduce manpower requirements and overall costs, making it an attractive choice for industries. The market's growth is further fueled by the increasing demand for accurate and efficient analytical methods across various sectors.

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The Analytical Standards Market encompasses a wide range of applications, including Proteomics and Metabolomics for life sciences research, Food safety and Quality control for ensuring the safety and authenticity of food products, and Food testing for regulatory compliance. Technologies such as Chromatography, Mass spectrometry, and Spectroscopy play a crucial role in the analysis of various samples. The market also caters to diverse industries like Respiratory infections and diseases, Accreditations, and ISO standards for ensuring quality and consistency. Calibration standards are essential for maintaining accuracy in analytical instruments, while Titration and Titrimetry are used for quantitative analysis. The market serves various sectors such as Pharmaceutical, Veterinary drug development, Petrochemical, and Cancers and Chronic diseases research. Companies like Thermo Fisher Scientific, CD Bioparticles, and the FDA contribute significantly to the market with their innovative solutions and regulatory compliance.

The Analytical Standards Market encompasses various industries, including Proteomics and Metabolomics, where standards play a crucial role in ensuring accuracy and consistency in the analysis of complex biological systems. In Food safety and Quality control, analytical standards are essential for Food testing and ensuring compliance with regulations. Chromatography, Mass spectrometry, and Spectroscopy are key analytical techniques used to identify and quantify various compounds in various matrices. Environmental degradation, Air quality, and Power plants are significant applications of analytical standards in monitoring Sulfur dioxides, Carbon dioxide, and other pollutants. In the Life sciences industry, analytical standards are used for Crop yields, Weather patterns, and Greenhouse effect studies, as well as for analyzing Cell metabolites, Genomics data, and Drug molecules. The Pharmaceutical market, including Biopharmaceutical and Innovator drugs, relies on analytical standards for Stability testing, Dissolution testing, Bioanalytical testing, Raw material testing, and Clinical trials. Accreditations and ISO standards ensure the quality and reliability of analytical standards in various industries, including Veterinary drug, Petrochemical, Pharmaceutical, and Industrialization. Analytical standards are also crucial in the Healthcare industry, particularly in the diagnosis and treatment of various diseases, such as Respiratory infections, Respiratory diseases, Allergic reactions, Cancer, Infectious diseases like Influenza, Malaria, HIV, and Tuberculosis. Genomic techniques, Titrimetry, and other analytical techniques are used to identify biomarkers and develop Biologic drugs through Drug discovery and Custom synthesis processes. Pesticides and Business strategies are other significant applications of analytical standards. The market is segmented into various industries, including Food & beverages, Veterinary drug standards, and Environmental standards. The market is expected to grow due to the increasing demand for accurate and reliable analytical data in various industries.

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Type
• Chromatography
• Spectroscopy
• Titrimetry
• Physical Properties Testing
• Application
• Food And Beverages
• Pharmaceuticals And Life Sciences
• Environmental
• Others
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa
• Methodology
• Bioanalytical Testing
• Stability Testing
• Raw Material Testing
• Dissolution Testing
• Others

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

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SOURCE Technavio