Mass Spectrometry Market Analysis & Forecast by Key Players, Size, Share, Trend and Segmentation

Mass spectrometry market was valued at USD 4.55 billion in 2021 and is expected to reach USD 10.40 billion by 2029, registering a CAGR of 10.90% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis,

Mass Spectrometry Market survey report is the high quality report having in-depth market research studies. It presents a definite solution to obtain market insights with which businesses can think about market place clearly and thereby take important decisions for growth of the business. All the data, facts, figures and information included in this business document is backed up by well renowned analysis tools which include SWOT analysis and Porter’s Five Forces analysis. A number of steps are used while preparing a wide-reaching Mass Spectrometry report by taking the inputs from a dedicated team of researchers, analysts, and forecasters.

The market for mass spectrometry is estimated to increase rapidly over the forecast period. Mass spectrometry has risen to prominence as a key analytical tool in the pharmaceutical and health-care industries. Advanced methods such as ion mobility spectrometry and capillary electrophoresis are being applied to separate complicated biological mixtures such as derived peptide products. The expanding usage of mass spectrometry in the proteomics, metabolomics, and pharmaceutical industries and miniaturization trends are projected to move the market forward.

Data Bridge Market Research analyses that the mass spectrometry market was valued at USD 4.55 billion in 2021 and is expected to reach USD 10.40 billion by 2029, registering a CAGR of 10.90% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Some of the major players operating in the Mass Spectrometry market are:

Thermo Fisher Scientific Inc. (US), SCIEX (US) Agilent Technologies Inc. (US), Waters Corporation (US), PerkinElmer Inc. (US), Shimadzu Corporation (Japan), Bruker (US), Analytik Jena GmbH (Germany), JEOL Ltd. (Japan), Rigaku Corporation (Japan), DANI Instruments (Italy), LECO Corporation (US), Hiden Analytical (UK), Hitachi Ltd. (Japan), KORE TECHNOLOGY (UK), Eurofins Scientific (Luxembourg), Ion Science (UK), FLIR Systems, Inc. (US), AMETEK. Inc. (US), and Danaher (US)

Drivers

  • Increasing technological advancement will drive the market’s growth rate

The increase in technological advancement will cushion the growth rate of mass spectrometry market. Other key growth-inducing aspects include technology breakthroughs such as developing novel hybrid spectrometers. These spectrometers provide high-speed, high-resolution testing with increased precision and accuracy.

  • Rising RD investments in the pharmaceutical and biotechnology industry will propel the market's growth rate during the forecast period

Pharmaceutical businesses' RD spending has expanded dramatically in the last two decades. Investments in key areas such as biopharmaceuticals and personalized medicine drive research in the pharmaceutical and biotechnology industries.

Furthermore, environmental testing for pollution management is becoming more important, which is boosting market growth. In accordance with this, the increasing use of mass spectrometry to detect toxins, pathogens, microbes, and chemicals in order to ensure food quality and safety is boosting market expansion. Also, the rise in crude and shale gas production will enhance the market’s growth rate. Government regulations on drug safety and rising focus on quality of food products are the major market drivers that will further escalate the growth of mass spectrometry market.

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Key Influence of this Market:

  • Comprehensive assessment of all opportunities and risk in Mass Spectrometry Market
  • This Market recent innovations and major events
  • Detailed study of business strategies for growth of the this Market-leading players
  • Conclusive study about the growth plot of the Market for forthcoming years
  • In-depth understanding of this Market-particular drivers, constraints and major micro markets
  • Favourable impression inside vital technological and market latest trends striking this Market
  • To provide country level analysis of the market with respect to the current market size and future prospective

Recent Development

In November 2021, Thermo Fisher Scientific had launched new mass spectroscopy and chromatography solutions at ASMS. With the introduction of new mass spectrometry equipment, procedures, and software, Thermo Fisher Scientific Inc., the world leader in serving research, empowers scientists to make significant discoveries.

Market Segmentation: Mass Spectrometry Market

Technology

  • Hybrid Mass Spectrometry
  • Single Mass Spectrometry
  • Other Technologies

Application

  • Life Science Research
  • Drug Discovery
  • Environmental Testing
  • Food Testing
  • Applied Industries
  • Clinical Diagnostics
  • Others

End User

  • Pharmaceutical Industry
  • Biotechnology Industry
  • Research and Academic Institutes
  • Environmental Testing Industry
  • Food and Beverage Testing Industry
  • Petrochemical Industry
  • Other End Users

 

Table of Contents:

  • Introduction
  • Market Segmentation
  • Executive Summary
  • Premium Insights
  • Global Mass Spectrometry Market: Regulations
  • Market Overview
  • Global Mass Spectrometry Market, By Type
  • Global Mass Spectrometry Market, By Application
  • Global Mass Spectrometry Market, By End User
  • Global Mass Spectrometry Market, By Distribution Channel
  • Global Mass Spectrometry Market, By Region
  • Global Mass Spectrometry Market: Company Landscape
  • SWOT Analyses
  • Company Profile
  • Questionnaires
  • Related Reports

Highlights the following key factors:

Business description – A detailed description of the company’s operations and business divisions

Corporate strategy – Analyst’s summarization of the company’s business strategy

SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats

Company history – Progression of key events associated with the company

Major products and services – A list of major products, services and brands of the company

Key competitors – A list of key competitors to the company

Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company

Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company year’s history

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About Data Bridge Market Research, Private Ltd

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

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