Mass Spectrometry Market

The IMARC Group provides extensive analysis of the mass spectrometry industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on mass spectrometry market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.

Informed covered in the report:

  • Historical market data from 2016-2021
  • CAGR of the market during the forecast period 2022-2027
  • Detailed information on factors that will drive market growth during the next five years
  • Precise estimation of the Keyword market size and its contribution to the parent market
  • Upcoming market trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on key players
  • Comprehensive details of factors that will challenge the growth of smart meters market key players

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The global mass spectrometry market size reached US$ 5.7 Billion in 2021. Mass spectrometry (MS) stands for an analytical technique used to quantify materials and identify compounds in a particular sample. Some of the most commonly used mass spectrometry technologies include ion trap, quadrupole, time-of-flight (TOF), triple quadrupole, quadrupole TOF and Fourier Transform Mass Spectrometry (FTMS). These technologies help in identifying molecules in a mixture, detecting impurities in a sample and analyzing a purified protein. Owing to these benefits, MS finds extensive applications across various industries, including pharmaceuticals, biotechnological, environmental, petrochemical and food and beverages. 

Mass Spectrometry Market Trends:

Significant growth in the pharmaceutical sector across the globe is primarily creating a positive outlook for the market. Mass spectrometry is extensively used to analyze molecules in pharmaceutical drugs, phytoproducts, biosimilars and regenerative medicines. Moreover, the rising emphasis on environmental testing for pollution control is also bolstering the market growth. Additionally, the increasing adoption of mass spectrometry for detecting pathogens, microorganisms, toxins and chemicals to maintain food quality and safety is further contributing to the product demand. Additionally, various technological innovations, such as the launch of innovative hybrid spectrometers that facilitate rapid and high-resolution testing, are acting as other major growth-inducing factors. Several other factors, including extensive R&D activities, along with the escalating utilization of mass spectrometry in crude and shale gas production, are anticipated to further propel the market in the coming years. Looking forward, IMARC Group expects the global mass spectrometry market to reach US$ 8.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.3% during 2022-2027.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • Agilent Technologies Inc.
  • Bruker
  • Danaher Corporation
  • JEOL Ltd.
  • Kore Technology Ltd.
  • LECO Corporation
  • PerkinElmer Inc.
  • Rigaku Corporation
  • Shimadzu Corporation
  • Thermo Fisher Scientific Inc.
  • Waters Corporation.

Market Segmentation:

Breakup by Technology:

  • Triple Quadrupole (Tandem)
  • Quadrupole TOF (Q-TOF)
  • FTMS (Fourier Transform Mass Spectrometry)
  • Quadrupole
  • Time-of-Flight (TOF)
  • ION Trap
  • Others

Breakup by Application:

  • Pharmaceuticals
  • Biotechnology
  • Chemical and Petrochemicals
  • Environmental Testing
  • Food & Beverage Testing
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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