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Analytical Instrument Market Will See $6.32 Billion Growth in the US During 2020-2024 | TechnavioThe analytical instrument market research report from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201109005521/en/ Technavio has announced its latest market research report titled Analytical instrument Market in US 2020-2024 (Graphic: Business Wire) Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the analytical instrument market. Download free report sample "One of the primary growth drivers for this market is the rise in demand for generic drugs", says a senior analyst for the Industrials industry at Technavio. Factors such as patent expiries of branded drugs and the growing prevalence of diseases have increased the demand for generic drugs worldwide. In addition, major pharmaceutical companies are entering into partnership agreements with generic drug producers or purchased generic drug operations to enhance their product portfolios. These developments are increasing the demandfor analytical instruments in the pharmaceutical industry, which is driving the market growth. As the markets recover, Technavio expects the analytical instrument market size to grow by $ 6.32 bn during the period 2020-2024. Analytical instrument Market Segment Highlights for 2020
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201109005521/en/ |