Carbon-13 Market Overview:
The carbon-13 market is witnessing steady growth due to its essential applications in scientific research, medical diagnostics, and industrial processes. Carbon-13, a stable isotope of carbon, plays a critical role in nuclear magnetic resonance (NMR) spectroscopy and metabolic studies, making it indispensable in cutting-edge research and diagnostics.
Global Carbon-13 Market size and share is currently valued at USD 84.07 million in 2024 and is anticipated to generate an estimated revenue of USD 125.72 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.2% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Key Market Drivers:
- Growing Demand for Advanced Research Tools: The increasing use of carbon-13 in NMR spectroscopy and molecular imaging is driving its adoption in pharmaceutical and academic research.
- Rising Use in Medical Diagnostics: Carbon-13 is widely used in breath tests and metabolic tracing, aiding in the diagnosis of gastrointestinal disorders and other conditions.
- Expansion in Industrial Applications: Carbon-13’s role in materials science and energy research is broadening its appeal across various industrial sectors.
Download Free Sample PDF Copy of the Report:
https://www.polarismarketresearch.com/industry-analysis/carbon-13-market/request-for-sample
Key Companies in Carbon-13 Market:
- China Isotope & Radiation Corporation
- Merck KGaA
- Shanghai Chemical Industry Research Institute Co., Ltd.
- Cambridge Isotope Laboratories, Inc.
- Trace Sciences International
- ISOFLEX
- MedChemExpress
- BuyIsotope
- Avanti Polar Lipids
- Qmx Laboratories Ltd.
Industry Developments
Recent advancements in isotope separation and production technologies have enhanced the availability and purity of carbon-13, making it more accessible to researchers and industries. Key players are focusing on expanding production capacities to meet growing demand. Additionally, collaborations between manufacturers and research institutions are fostering innovation in applications, particularly in medical diagnostics and environmental science.
Future Outlook
The carbon-13 market is poised for steady growth as demand from the healthcare, research, and industrial sectors continues to rise. Technological advancements and increasing investment in scientific research are expected to drive market expansion.
Carbon-13 Market Segmentation:
Polaris Market Research has segmented the carbon-13 market report based on deployment mode, offering, application, organization size, and vertical. This segmentation provides a comprehensive understanding of market trends, enabling stakeholders to make informed decisions.
By Purity Outlook (Revenue, USD million, 2020 – 2032)
- 98%-99%
- 99%.
By Application Outlook (Revenue, USD million, 2020 – 2032)
- Nuclear Magnetic Resonance (NMR) Spectroscopy
- Magnetic Resonance Imaging (MRI)
- Carbon Dating
- Breath Test
- Other
By End User Outlook (Revenue, USD million, 2020 – 2032)
- Healthcare
- Chemicals
- Academia and Research Institutions
- Environmental Agencies
In conclusion, the carbon-13 market plays a pivotal role in advancing research and diagnostics across multiple fields. Continued innovation and investment in production capabilities will ensure its sustained growth and expanded applications.