CIRCULAR DICHROISM (CD) SPECTROMETER MARKET ANALYSIS
Circular Dichroism (CD) Spectrometer Market, by Product Type (Manual and Automatic), by Light Source (Linearly Polarized Light Source, Circularly Polarized Light Source, and Multiple Light Source), by End User (Pharmaceutical Industry, Research Organizations, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Circular dichroism (CD) is a type of absorption spectroscopy technique that is based on the differential absorption of the left and right circularly polarized light principle, and the results can be further measured and quantified. CD is mainly used to study the protein structure in the research activities. There are different types of circular dichroism techniques are available, such as far ultraviolet CD, near ultraviolet CD, vibrational CD, and infrared CD.
Globally, many companies offer circular dichroism spectrometers for research purposes. For instance, Biologics Sciences Instrument’s Circular Dichroism Spectropolarimeter utilizes three stage wavelength selection system and it is more sensitive than the conventional CD spectrometers. The advanced spectropolarimeter or spectrometer can be directly connected to various equipment such as High Performance Liquid Chromatography (HPLC) instrument and direct quantification of the sample molecules can be carried out.
Furthermore, Scientex’s product Chirascan Circular Dichroism Spectrometers has an advanced feature that allows to maximize the light output, especially in the far UV wavelength region. The spectrometer is also equipped with a digital data acquisition system that helps in the collection of precise and accurate CD spectra. Some of the other manufacturers operating in the global circular dichroism spectrometer market include JASCO Global, Bruker Corporation, Applied Photophysics Ltd., and others.
Global Circular Dichroism Spectrometer Market - Dynamics
Market players are focused on the development and launch of advanced circular dichroism spectrometer, which is expected to boost the market growth over the forecast period. For instance, on July 21, 2020, JASCO Corporation launched High Throughput Circular Dichroism (HTCD) Plus in which a modified high-throughput screening workstation has been incorporated. HTCD Plus allows auto sampling and also automatically measures upto 192 samples or 120 sample vials, which enhances the research in vaccines development for various infectious diseases such as COVID - 19.
Moreover, market players are conducting online webinars, in order to spread awareness about the product and to strengthen their presence in the potential market. For instance, on May 26, 2020, Applied Photophysics Ltd. conducted an online webinar and showcased the working and application of its Chirascan Circular Dichroism spectrometers for understanding the secondary and tertiary structure of the proteins.
Furthermore, increasing research and development activities using circular dichroism spectroscopy is expected to boost growth of the circular dichroism spectrometer market over the forecast period. For instance, on March 2, 2020, Cold Spring Harbor Laboratory, a non-profit institution, used J-1500, a circular dichroism spectrometer, for finding the relationship between the coronavirus spike S1 protein receptor binding domain (SARS-CoV-2 S1 RBD) and heparin. Thus, the research can form the basis of finding new treatment for the coronavirus.
Moreover, advantages offered by the circular dichroism spectrophotometer over other conventional spectrometers is a major factor that is expected to drive the market growth. In case of circular dichroism, very little sample is required for the measurement and quantification, sample is not damaged, and the relative changes that occur during the measurement of the protein sample due to the influence of the environment can be very accurately monitored.
Global Circular Dichroism Spectrometer Market - Regional Insights
Among regions, North America is expected to hold dominant position in the global circular dichroism spectrometer market, owing to the increasing research and development activities, presence of better infrastructure, and government investments in the research field. For instance, on April 8, 2020, Fonds de recherche du Québec – santé (FRQS), a government health science research funding organization, provided US$ 2 million funding to the McGill University, in order to establish the largest structural biology facility in Quebec, Canada, which will include several facilities and specialized equipment such as circular dichroism spectrometers, X-ray diffraction sets, and mass spectrometers, among others.
Moreover, in Europe, key manufacturers are focusing on inorganic growth strategies such as collaborations and acquisitions, in order to enhance their product portfolio and to strengthen their position in the global market. For instance, in 2018, BioLogics Sciences Instruments entered into a collaboration with Hinds Instruments Ltd. and launched EKKO, a high throughput microplate reader or advanced circular dichroism spectrometer, which can scan 96 well plate within two minutes.
Moreover, Asia Pacific is also an emerging market, owing to the increasing distribution of the circular dichroism spectrometer globally. For instance, in 2018, Applied Photophysics signed a distribution agreement with Particular Sciences Ltd., for the distribution of the Applied Photophysics’ Chirascan circular dichroism (CD) systems throughout the Europe market.
Global Circular Dichroism Spectrometer Market – Competitive Landscape
Some of the key manufacturers operating in the global circular dichroism spectrometer market include Applied Photophysics Ltd., JASCO Inc., Bio-Logic SAS, Hinds Instruments, Inc., OLIS, Inc., Analytik Jena AG, Bruker Corporation, and Scientex Pty Ltd.
Global Circular Dichroism Spectrometer Market - Market Taxonomy
On the basis of product type, the global circular dichroism spectrometer market is segmented into:
· Manual
· Automatic
On the basis of light source, the global circular dichroism spectrometer market is segmented into:
· Linearly Polarized Light Source
· Circularly Polarized Light Source
· Multiple Light Source
On the basis of end user, the global circular dichroism spectrometer market is segmented into:
· Pharmaceutical Industry
· Research Organizations
· Others
On the basis of region, the global circular dichroism spectrometer market is segmented into:
· North America
· Latin America
· Europe
· Asia Pacific
· Middle East
· Africa
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