The Global Raman Spectroscopy Market Is Estimated To Be Valued At US$ 1.18 Billion In 2023 And Is Expected To Exhibit A CAGR Of 7.6%
Raman Spectroscopy Market The Global Raman Spectroscopy Market is estimated to be valued at US$ 1.18 Billion In 2023 and is expected to exhibit a CAGR of 7.6% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Raman spectroscopy is a spectroscopic technique used to observe vibrational, rotational, and other low-frequency modes in a system. It relies on inelastic scattering of monochromatic light, usually from a laser in the visible, near infrared, or near ultraviolet range. The laser light interacts with molecular vibrations, phonons or other excitations in the system, resulting in the energy of some photons shifting up or down. This shift in energy gives information about the vibrational modes in the molecule. Raman spectroscopy can be used to identify molecules and map chemical bonding and structures of their constituent functional groups. It finds applications in several industries including healthcare, pha...