Uploaded on Nov 23, 2022
The mass spectrometry market size is expected to grow from an estimated USD 4.1 billion in 2020 to USD 5.6 billion by 2025, at a CAGR of 6.5% during the forecast period. Increasing spending on pharmaceutical R&D across the globe, government regulations on drug safety, growing focus on the quality of food products, increase in crude and shale gas production, and growing government initiatives for pollution control and environmental testing are high growth prospects for the mass spectrometry market during the forecast period.
As Per New Study On Mass Spectrometry Market Industry Size, Share, Analysis, Trend & Forecast To 2022-2025
MarketsandMarkets
Presents
Mass Spectrometry Market worth $5.6 billion by 2025
https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html
Mass Spectrometry Market by Technology [Hybrid (Triple Quadrupole, QTOF, FTMS), Single (Quadrupole,
TOF, Ion Trap), Others], Application (Life Science Research, Clinical Diagnostics), Enduser (Pharma-Biotech,
Environmental, F&B) - Global Forecasts to 2025
The mass spectrometry market size is expected to grow from an estimated USD 4.1 billion in 2020 to USD 5.6
billion by 2025, at a CAGR of 6.5%. Increasing spending on pharmaceutical R&D across the globe,
government regulations on drug safety, growing focus on the quality of food products, increase in crude and
shale gas production, and growing government initiatives for pollution control and environmental testing are
high growth prospects for the mass spectrometry market during the forecast period.
The major strategies adopted by these players include new product launches, collaborations & agreements,
mergers, investments & expansions. New product launches was the most commonly adopted strategy from
July 2018 to June 2020.
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Objectives of the Study:
• To define, describe, and forecast the mass spectrometry market based on technology,
application, end user, and region
• To provide detailed information regarding the major factors influencing the growth of the
market (such as drivers, restraints, opportunities, and challenges)
• To analyze the micromarkets with respect to individual growth trends, prospects, and
contributions to the overall mass spectrometry market
• To analyze the opportunities for stakeholders and provide details of the competitive
landscape for market leaders
• To forecast the revenue of the market segments with respect to five major regions and their
countries—North America, Europe, the Asia Pacific, Latin America, and the Middle East &
Africa
• To strategically profile the key global players and comprehensively analyze their market
shares and core competencies
• To track and analyze competitive developments such as product launches, upgrades, and
approvals; partnerships, agreements, and collaborations; acquisitions; and expansions in the
mass spectrometry market
• To benchmark players within the market using the proprietary Competitive Leadership
Mapping framework, which analyzes players on various parameters within the broad
categories of business and product excellence strategy
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This research report categorizes the mass spectrometry market
based on technology, application, end user, and region
Based on the Technology:
• Hybrid Mass Spectrometry
• Single Mass Spectrometry
• Other Technologies
Based on Application:
• Life Science Research
• Drug Discovery
• Environmental Testing
• Food Testing
• Applied Industries
• Clinical Diagnostics
• Others
Based on End Users:
• Pharmaceutical Industry
• Biotechnology Industry
• Research & Academic Institutes
• Environmental Testing Industry
• Food & Beverage Testing Industry
• Petrochemical Industry
• Other End Users
To enable an in-depth understanding of the competitive landscape, the report includes
the profiles of some of the top players in the mass spectrometry market. The major
players in the mass spectrometry Market are Thermo Fisher Scientific (US), SCIEX (US)
Agilent Technologies (US), Waters Corporation (US), PerkinElmer (US), Shimadzu
Corporation (Japan), Bruker (US), Analytik Jena (Germany), JEOL (Japan), Rigaku (Japan),
DANI Instruments (Italy), LECO (US), and Hiden Analytical (UK).
Company Insights
In 2019, SCIEX, a US-based scientific instrumentation provider, was the second-largest player in
the mass spectrometry market. It develops and produces scientific instrumentation, software,
and services for the life sciences, clinical research, and industrial markets. The company provides
an elaborate portfolio of liquid chromatography-mass spectrometry instruments & accessories
for the life science, clinical research, and industrial markets. The company provides products
mainly targeted at environmental testing, especially water analysis. It has focused on organic &
inorganic growth strategies, including product launches, collaborations, and partnerships.
Agilent Technologies is a global leader in the life sciences, diagnostics, and applied chemical
markets, providing application-focused solutions that include instruments, software, services,
and consumables for the entire laboratory workflow. The company operates through three
business segments—Life Sciences & Applied Markets, Diagnostics & Genomics, and Agilent
CrossLab. The Life Sciences & Applied Markets business segment offers liquid
chromatography/mass spectrometry (LC/MS), gas chromatography/mass spectrometry (GC/MS),
and inductively coupled plasma mass spectrometry instruments (ICP-MS) in the mass
spectrometry market. The company has its presence in more than 110 countries and sales
offices, logistics centers, and business facilities in Europe, the Americas, and the Asia Pacific. Its
principal competitors in the life sciences and applied markets arena include Danaher
Corporation, PerkinElmer Inc., Shimadzu Corporation, Thermo Fisher Scientific, and Waters
Corporation.
Contact Us
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
[email protected]
Press release:
https://www.marketsandmarkets.com/PressReleases/mass-spectrom
etry-market.asp
Research insights:
https://www.marketsandmarkets.com/ResearchInsight/mass-spectro
metry-market.asp
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