From GlobeNewswire: 2025-04-02 09:00:00

The global Portable Analytical Instruments Market was valued at USD 15.38 billion in 2023, projected to reach USD 30.62 billion by 2032 with a CAGR of 7.98%. Advancements in miniaturization technologies and increasing demand for on-site testing solutions are driving market growth.

The U.S. accounted for nearly 24% of the global market in 2023, with investments in portable analytical technologies for environmental and industrial applications exceeding USD 1.5 billion. Technological advancements such as IoT integration and AI-powered analytics are shaping the future of portable instruments.

Key players in the market include Thermo Fisher Scientific, Agilent Technologies, Bruker Corporation, and ABB Group. Major segments include pH meters, spectroscopic analysis, and end-users such as pharmaceutical & biotechnology industries.

The growth of portable instruments is driven by the demand for rapid diagnostics, environmental monitoring, and quality control in various industries. Governments worldwide are investing in portable diagnostic tools for disease surveillance and environmental safety, further boosting market demand. Companies are investing in compact, high-precision analyzers to streamline workflows, driving revenue in the portable analytical instruments market. The market is segmented by product, technology, and end user, with North America leading in revenue share. Recent developments include new handheld XRF analyzers and portable GC-MS systems, with the U.S. Department of Defense investing in portable chemical detection devices. Asia-Pacific is expected to grow rapidly due to industrialization and healthcare expenditure.

Thermo Fisher Scientific and Agilent Technologies have launched new portable analyzers for metal composition analysis and on-site chemical analysis. The U.S. Department of Defense is investing $500 million in portable chemical detection devices. The portable analytical instruments market is segmented by product, technology, and end user, with North America leading in revenue share. Asia-Pacific is expected to grow rapidly due to industrialization and healthcare expenditure.

SNS Insider is a leading market research and consulting agency providing clients with up-to-date market data and insights. The portable analytical instruments market is segmented by product, technology, and end user, with North America leading in revenue share. Recent developments include new handheld analyzers and FDA clearances for portable systems. Asia-Pacific is expected to grow rapidly due to industrialization and healthcare expenditure.



Read more at GlobeNewswire: Portable Analytical Instruments Market to Hit USD 30.62