Global Ultraviolet-visible Spectrophotometer Market Size By Type (Wave Length 180-360nm, Wave Length 360-1000nm), By Application (Water Test, Food Test), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 37975 | Published Date: Apr 2025 | No. of Pages: | Base Year for Estimate: Apr 2025 | Format:


The Global Ultraviolet-Visible (UV-Vis) Spectrophotometer Market was valued at approximately USD 1.1 billion in 2023 and is projected to reach USD 1.7 billion by 2031, expanding at a CAGR of 5.8% over the forecast period. UV-Vis spectrophotometers, essential in analytical chemistry, measure the absorbance or transmittance of UV and visible light by substances, aiding in quantitative and qualitative analysis across various industries. The market growth is driven by rising demand in the pharmaceutical, biotechnology, environmental testing, and academic research sectors due to the devices’ precision and cost-effectiveness in substance identification and concentration measurement.

Drivers

Increasing Demand in Pharmaceutical and Biotechnology Sectors: The need for accurate analytical tools in drug discovery, quality control, and biopharmaceutical research is fueling UV-Vis spectrophotometer demand.

Environmental Testing and Compliance: With heightened focus on pollution monitoring, UV-Vis spectrophotometers are crucial in water and air quality testing, supported by government regulations on environmental standards.

Advancements in Spectrophotometry Technology: Technological advancements, such as the development of compact, portable, and multi-channel UV-Vis spectrophotometers, are enhancing their adoption in varied applications.

Restraints

High Initial Cost of Advanced Spectrophotometers: The high cost of advanced UV-Vis spectrophotometers can be a barrier, particularly for smaller laboratories and educational institutions.

Availability of Alternative Analytical Techniques: Alternatives like Fourier-transform infrared (FTIR) spectroscopy offer competition, impacting UV-Vis spectrophotometer market growth in certain applications.

Opportunity

Expansion in Emerging Markets: The increasing adoption of quality control measures in emerging markets is expected to offer significant growth opportunities.

Integration with AI and Automation: The integration of artificial intelligence and automation in spectrophotometry for data analysis and quality assurance is paving the way for innovations and enhanced efficiency in sample processing.

Market by System Type Insights

By system type, Single-Beam UV-Vis Spectrophotometers dominated the market in 2023, attributed to their simplicity and cost-effectiveness, making them ideal for educational and research institutions. Double-Beam UV-Vis Spectrophotometers, however, are expected to experience higher growth during the forecast period due to their precision in absorbance measurement, gaining preference in pharmaceutical and environmental testing laboratories.

Market by End-Use Insights

The Pharmaceutical and Biotechnology sector held the largest share in 2023, driven by the need for precise chemical and biological analysis in drug discovery and quality control. The Environmental Testing segment is anticipated to register the fastest growth, fueled by regulatory standards for pollution monitoring.

Market by Regional Insights

North America held the largest market share in 2023, supported by robust research infrastructure and high adoption in pharmaceutical and environmental sectors. Asia-Pacific is projected to witness the fastest growth, attributed to increasing investments in healthcare, pharmaceuticals, and environmental monitoring in countries like China and India.

Competitive Scenario

Key players in the Global UV-Vis Spectrophotometer Market include Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Shimadzu Corporation, and Hach Company. These companies focus on product innovation, strategic partnerships, and mergers & acquisitions to expand their market presence. For example, Agilent Technologies recently introduced an AI-powered UV-Vis spectrophotometer to enhance accuracy in environmental analysis, and Thermo Fisher expanded its UV-Vis product line to meet growing demand in biotechnology.

Scope of Work – Global Ultraviolet-Visible Spectrophotometer Market

Report Metric

Details

Market Size (2023)

USD 1.1 billion

Projected Market Size (2031)

USD 1.7 billion

CAGR (2023-2031)

5.8%

Key Market Segments

System Type (Single-Beam, Double-Beam), End-Use (Pharmaceutical & Biotechnology, Environmental Testing, Academic Research)

Growth Drivers

Rising demand in pharmaceuticals and environmental testing, advancements in spectrophotometry technology

Opportunities

Emerging markets, AI integration in analysis

Key Market Developments

Agilent Technologies launched an AI-powered UV-Vis spectrophotometer in 2023, focusing on environmental applications for enhanced data accuracy and user experience.

Thermo Fisher Scientific expanded its product line in 2024, introducing compact and portable UV-Vis spectrophotometers for field-based testing.

Shimadzu Corporation entered a strategic partnership with a leading biotech firm in 2025 to develop specialized UV-Vis instruments for pharmaceutical research applications.

FAQs

What is the current market size of the Global Ultraviolet-Visible Spectrophotometer Market?

The market size was valued at approximately USD 1.1 billion in 2023.

What is the major growth driver of the Global Ultraviolet-Visible Spectrophotometer Market?

The primary growth driver is the rising demand in pharmaceutical and biotechnology sectors, coupled with environmental testing needs.

Which is the largest region during the forecast period in the Global Ultraviolet-Visible Spectrophotometer Market?

North America currently holds the largest market share, with significant growth projected in the Asia-Pacific region.

Which segment accounted for the largest market share in the Global Ultraviolet-Visible Spectrophotometer Market?

The Pharmaceutical & Biotechnology end-use segment led the market in 2023.

Who are the key market players in the Global Ultraviolet-Visible Spectrophotometer Market?

Major players include Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Shimadzu Corporation, and Hach Company. 

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