Process Analytical Technology (PAT) Market Identifies the Key Drivers of Growth and Challenges of the Key Industry Players
The market is growing at a significant growth rate. with various factors such as rising research and development (R&D) expenditure by drug manufacturers and investments by government in emerging economies on the implementation of process analytical technology, and growing adherence towards quality by design (QbD) principles driving the demand for process analytical technology. The global process analytical technology market size was $1.7 billion in 2016 and is projected to grow at a CAGR of 12.9% during 2017-2023. Various techniques used drug manufacturing industry include spectroscopy, chromatography, capillary electrophoresis, particle size analysis, and other techniques. The process analytical technology industry includes products as well as services, the major products available in the market are classified as analyzers, sensors and probes, and samplers. Download Report Sample at: https://www.psmarketresearch.com/market-analysis/process-analytical-technology-market