Market Insights
A mass spectrometer is a powerful analytical tool that can generate a beam of gas-phase ions from samples, sort the produced ions according to their mass-to-charge ratios with electrical or magnetic fields, and provide output signals. These spectra are used to determine the isotopic signature, the mass of molecules, and the chemical structure of the given sample.
The report titled “Global Mass Spectrometry Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the overall mass spectrometry market, along with the market size and estimates for the duration of 2017–2025. The research study covers an in-depth analysis of market segments based on platform type, application, and different geographical regions.
In order to help strategic decision-makers, the report also includes sections on the competitive profiling of the leading players in the global mass spectrometry market, attractive investment propositions, and market positioning of key manufacturers. Other in-depth analysis provided in the report includes:
Geographically, the global mass spectrometry market is studied for the following regional markets:
- North America
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
The market size and forecast for these regional and country-level markets are presented in this study for the period 2015–2025. Market growth rates for the forecast period of 2015–2025 are also included in this report, considering 2016 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global mass spectrometry market.
Tools such as key player market positioning and appealing investment propositions provide readers with insights into the competitive landscape of the global mass spectrometry market. This report concludes with a company profiles section that highlights major information about the key players engaged in the global mass spectrometry market. In-depth competitive environment analysis and historical year (2015) market size data are also provided in the report.
Thus, the research study provides a holistic view of the global mass spectrometry market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.
Based on the type of platform, the mass spectrometry market is segmented into:
- Hybrid mass spectrometry
- Triple Quadrupole Mass Spectrometry
- Quadrupole TOF
- Fourier transform mass spectrometry (FTMS)
- Spectrometry of a Single Mass
- Time-of-Flight (TOF) Mass Spectrometry
- Orbitrap mass spectrometry
- Quadrupole
- Others
A mass spectrometer is a powerful analytical tool that can generate a beam of gas-phase ions from samples, sort the produced ions according to their mass-to-charge ratios with electrical or magnetic fields, and provide output signals. These spectra are used to determine the isotopic signature, the mass of molecules, and the chemical structure of the given sample. The mass spectrometer market is broadly segmented on the basis of mass spectrometry platforms such as hybrid mass spectrometry and single mass spectrometry. The hybrid mass spectrometry segment is further divided into triple quadrupole, quadrupole TOF, and Fourier transform mass spectrometry (FTMS).
While single mass spectrometry is further sub-segmented into time-of-flight (TOF) MS, orbitrap MS, and quadrupole, The hybrid mass spectrometry segment held the largest share in the global mass spectrometry market by platform. The demand for mass spectroscopy systems is rising due to the expanding applications in the life sciences and pharmaceutical industries, as well as the substantial demand from the chemical and petrochemical industries. Moreover, the advent of these systems in tandem with chromatography techniques such as gas chromatography/mass spectrometry (GC/MS) and liquid chromatography/mass spectrometry (LC/MS) has resulted in their widespread adoption.
Based on the type of application, the mass spectrometry market is segmented into:
- Pharmaceuticals
- Biotechnology
- Industrial Chemistry
- Environmental Testing
- Food and Beverage Testing
- Others
Mass spectrometry is an analytical technique used to determine the molecular weight of compounds by separating molecular ions on the basis of their mass and charge. Mass spectrometry has a myriad of applications in biology, physics, chemistry, clinical medicine, and space exploration. Mass spectrometry has emerged as a crucial method for the characterization and sequencing of different proteins. Mass spectrometry can also be used for genomic studies with potential implications for clinical medicine. The growing array of applications of mass spectrometry is driving the global mass spectrometry market.
The global mass spectrometry market has been divided into applications such as pharmaceuticals, biotechnology, industrial chemistry, environmental testing, food and beverage testing, and others. The pharmaceutical application segment dominated the global mass spectrometry market due to factors such as the rising usage of mass spectrometry in drug discovery, drug-drug interaction, and other pharmaceutical and clinical medicine applications. Biotechnology and food and beverage testing are expected to be the fastest-growing segments due to the rising usage of mass spectrometry techniques in rapid microbiology testing of food and beverages and another industrial microbiology testing, which would further fuel the growth of the mass spectrometry market during the forecast period.
For the purpose of this study, the global mass spectrometry market is categorized into:
- North America
- Europe
- Asia Pacific
- Latin America (LATAM)
- Middle East and Africa (MEA)
As of the current market scenario, North America is the largest regional market for mass spectrometry, with the U.S. dominating the North American mass spectrometry market. The region’s largest market share can be attributed to the region’s advanced healthcare and biotechnology research infrastructure, the rapid introduction of novel products into the US market, and favorable private and public funding in research and development. Furthermore, the United States is home to major mass spectrometry manufacturing companies, giving the region an advantage in market entry and acceptance of novel technologies.
Asia Pacific is anticipated to be the fastest-growing mass spectrometry market during the forecast period. Some prime factors driving the Asia-Pacific mass spectrometry market include the rapid entry of market leaders in the region, the escalating status of Asia Pacific as a hub for CRO and CMO activities, and the rapid evolution of healthcare and life sciences research infrastructure. The competitors in the Asia-Pacific market are budding and are continually working on introducing new clinical uses to augment the value of mass spectrometry technology.
