Global IR Spectroscopy Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Near-Infrared, Mid-Infrared, and Far-Infrared.

By Product Type;

Benchtop IR Spectroscope, IR Microscopy, Portable IR Spectroscope, Hyphenated IR Spectroscope, and Terahertz IR Spectroscope.

By End User;

Healthcare & pharmaceuticals, Chemicals, Biological Research, Environmental, Consumer Electronics, and Food & Beverages.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn028545125 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global IR Spectroscopy Market (USD Million), 2021 - 2031

In the year 2024, the Global IR Spectroscopy Market was valued at USD 1,159.55 million. The size of this market is expected to increase to USD 1,562.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global IR (infrared) spectroscopy market is experiencing steady growth due to its widespread applications across various industries, including pharmaceuticals, chemicals, food and beverages, and environmental analysis. Infrared spectroscopy is a powerful analytical tool that utilizes infrared light to identify and quantify chemical substances. The market is driven by the increasing need for high-quality, accurate, and non-destructive testing methods in research and industrial laboratories. As industries focus more on improving product quality and compliance with regulatory standards, IR spectroscopy offers an effective solution for the identification of organic compounds, molecular structures, and functional groups.

The expanding pharmaceutical industry is one of the primary drivers of the IR spectroscopy market. Infrared spectroscopy is used in drug formulation, quality control, and testing, offering precise results for identifying active pharmaceutical ingredients (APIs) and ensuring batch consistency. Additionally, the chemical industry relies heavily on IR spectroscopy for material analysis and quality assurance in the production of petrochemicals, polymers, and other chemicals. The technology's ability to provide rapid and reliable results has made it indispensable in quality control, environmental testing, and the detection of contaminants.

In recent years, the growing emphasis on environmental and food safety regulations has further propelled the demand for IR spectroscopy in the market. The increasing need for sustainable practices and accurate monitoring of pollutants, contaminants, and chemical compositions has created new opportunities for IR spectroscopy in environmental monitoring and food quality assurance. As industries continue to adopt more sophisticated technologies for quality control and research, the global IR spectroscopy market is expected to expand, supported by technological advancements and the increasing integration of automation and software in spectroscopy systems. The market is projected to witness significant growth during the forecast period, driven by these diverse applications across multiple sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global IR Spectroscopy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand in pharmaceuticals and healthcare
        2. Advancements in analytical and testing technologies
        3. Increasing adoption in environmental monitoring
      2. Restraints
        1. High initial investment costs
        2. Limited portability of equipment
        3. Technical expertise required for operation
      3. Opportunities
        1. Rising applications in food safety and quality control
        2. Expansion in emerging markets
        3. Integration with automation and AI for enhanced analysis
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global IR Spectroscopy Market, By Technology, 2021 - 2031 (USD Million)
      1. Near-infrared
      2. Mid-infrared
      3. Far-infrared
    2. Global IR Spectroscopy Market, By Product Type, 2021 - 2031 (USD Million)
      1. Benchtop IR Spectroscope
      2. IR Microscopy
      3. Portable IR Spectroscope
      4. Hyphenated IR Spectroscope
      5. Terahertz IR Spectroscope
    3. Global IR Spectroscopy Market, By End User, 2021 - 2031 (USD Million)
      1. Healthcare & pharmaceuticals
      2. Chemicals
      3. Biological Research
      4. Environmental
      5. Consumer Electronics
      6. Food & Beverages
    4. Global IR Spectroscopy Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. LUMEX INSTRUMENTS
      2. MICROPTIK BV
      3. ISBEN PHOTONICS
      4. BAYSPEC INC.
      5. WASATCH PHOTONICS
  7. Analyst Views
  8. Future Outlook of the Market