[FURL=https://www.industryarc.com/Research/Disposable-Cuvettes-Market-Research-507017?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Disposable Cuvettes market[/FURL] size was valued at $37 million by 2020, and is anticipated to reach $45 million by the end of 2026 growing at a CAGR of 6.2% during the forecast period 2021-2026. The disposable cuvettes industry growth rate is attributed to the technological advancements associated with disposable cuvettes demand; adoption of single-use laboratory consumables is increasing and is anticipated bringing new opportunities. A disposable cuvette is a small plastic tube with a circular or square cross section and a single end that is sealed. These cuvettes are used to carry samples for spectroscopic experiments, and a beam of light will pass through the cuvette from two clear sides to determine the absorbance value with a spectrophotometer.Key Takeaways
North America dominated the disposable cuvettes market with a majority of share in the year 2020.
The factors such as rise in number of healthcare centers are amongst the major factor projected to impel growth of disposable cuvettes market.
Additionally, factors such as technological advancements and increase in R&D expenditure in the development of disposable cuvettes are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.
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Disposable Cuvettes Market Segment Analysis - By Geography
North America is the major region dominating the disposable cuvettes market with a market share of 33.89% in the year 2020. This can be attributed to the presence of developed pharmaceutical market coupled with the presence of large number of significant players operating in this area, as well as the growing potential of healthcare spending. Furthermore, the industry is poised to be driven by large private sector investments and a growing number of new product approvals pertaining to optimum use as cuvettes are anticipated to fuel market growth during the forecast period 2021-2026.
Disposable Cuvettes Market Drivers
Advancements With Increasing Awareness to Escalate Market Demand
Disposable Cuvettes Market Landscape
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Disposable Cuvettes market. In 2020, Disposable Cuvettes market share is fragmented by the top ten players present in the market. The Disposable Cuvettes market top 10 companies are Shimadzu Oceania, BrandTech Scientific, Inc., Hellma GmbH & Co. KG, Japan Spectroscopic Company (JASCO), Agilent Technologies, Inc., Vernier Software & Technology, LLC, Cole-Parmer India Pvt. Ltd., VWR International, LLC., Starna Scientific Limited, Thorlabs, Inc., Jade Scientific, Inc. and others.
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