Spectroscopy refers to a plethora of different techniques that employ radiation in order to obtain data on the structure and properties of matter, which is used for solving a wide variety of analytical problems.Spectroscopic instruments are used extensively in the R&D activities in the pharmaceutical industry for drug development as well as for testing a new drug.
scarcity of trained personnel and high costs of instruments used in spectroscopy may restrain the market growth. The ongoing technological advancement and high speed innovation create ample opportunities for the market to grow over the projected period.