Surface analysis market size is poised to secure significant CAGR from 2019 to 2025

North America is expected to dominate the surface analysis market over the forecast period due to the well-established healthcare infrastructure and rising investments in the pharmaceutical industry. The rising government support for the research & development of nanotechnology also contributes significantly to surface analysis market growth. According to the budget of the U.S. government, around USD 1.4 billion was allocated for the National Nanotechnology Initiative (NNI). These investments helped in accelerating the adoption of nanotechnology across the country. The presence of major surface analysis solution providers, such as Danaher Corporation, Thermo Fisher Scientific, Inc., and FEI Company in the region, is also fueling the market growth. The early adoption of advanced microscopy techniques in the region has enabled the adoption of surface analysis technology across the region.

Request for an in-depth table of contents for this report @

https://www.gminsights.com/request-toc/upcoming/3881

The development of pharmaceutical products involves continuous interactions between the surface of the product, plant, and packaging materials. The surface analysis helps pharmaceutical companies in validating the cleanliness of the product, process material & instruments, and packaging materials to avoid contamination and rapidly identify the source of contamination. It also helps in evaluating the product-packaging compatibility, which accesses the stability of the product in a particular packaging material.

Surface analysis techniques assess the sterilization effects on the product and packaging of the surface of the material. The technology also helps in the detection and characterization of modifications of polymer surfaces to promote the properties such as adhesion and wettability. The chemical state & elemental composition of the material that exists only on the surface of a product can be analyzed using surface analytics techniques.

Surface analysis helps in the rapid development of pharmaceutical products by providing valuable insights to spatial roughness of excipients for pharmaceutical coating technologies. The advancements in surface analysis technology helps in mapping the surface chemistry at a high spatial resolution, helping in the development of the drug delivery system. The high costs associated with the implementation of surface analysis techniques can be a big restraint to market growth. The stringent government taxation policies, such as 2.3% of excise imposed by the U.S. government on medical devices including microscope, will also hamper surface analysis market growth.

Make an inquiry for purchasing this report @

https://www.gminsights.com/inquiry-before-buying/3881

The APAC surface analysis market is expected to grow rapidly over the forecast period due to favorable government policies for research & development in the pharmaceutical industry in developing countries including India and China. For instance, India’s Ministry of Health and Family Welfare increased the fund allocation for the pharmaceutical sector by 13.1% to USD 8.98 billion in the Union Budget 2019-20. The local state governments in India are also focusing on research & development in the pharmaceutical sector. For instance, in October 2018, the Uttar Pradesh government announced its intention to set up six pharma parks in the state and the government also announced an investment of USD 855 million for the same. The developing countries in the region such as Japan and Singapore are forming strategic collaborations with well-established economies in North America and Europe for enhancing research & development activities in the healthcare sector.

Browse Full Report @ https://www.gminsights.com/industry-analysis/surface-analysis-market

The companies are focusing on the development of the new products to gain a competitive advantage over their competitors. For instance, in September 2017, Thermo Fisher launched a new multi-technique surface analysis system. This new product helped the company in integrating multiple analytical techniques into a single compact and fully automated surface analysis instrument. The other market players operating in surface analysis market are Danaher Corporation, Thermo Fisher Scientific, Inc., Bruker Corporation, FEI Company, HORIBA, Ltd., JEOL, Ltd., Olympus Corporation, ULVAC-PHI, Nikon Corporation, Carl Zeiss AG, and Shimadzu Corporation.