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Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013 to 2017 and Forecast 2018 to 2024
Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Global Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices market was valued at US $ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 to 2024.
Market Outline: Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Liquid chromatography-tandem mass spectrometry (LC-MS/MS) is a method where initially a sample mixture is separated by liquid chromatography before being ionized and characterized by mass to change ratio and relative abundance using two mass spectrometers in series
Market Dynamics: Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Upsurge in technological advancements that are creating high scope of applications for new equipment and techniques, enhancing in accuracy of analysis drives the market growth for LC-MS/MS Devices Globally. Furthermore, growing usage of chromatography techniques in various chemical processes, analysis, drug discover and R& D, growing investments on the research laboratories, R&D segments, safety testing also propels the growth of LC-MS/MS Devices Market globally. However, high cost associated with the technique and also requirement of high investment expenditure on equipment, dearth of the skilled professionals may hinder the growth of the LC-MS/MS Devices Market globally.
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Market Scope: Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices market is segmented based on the Equipment Type, Consumables and Accessories, Application, End user and Geographical regions
Based on the Equipment Type, the market is segmented into the following
• Systems
• Detectors
• Auto-samplers
• Fraction Collectors
Based on the Consumables and Accessories, the market is segmented into the following:
• Ionization Source
o Electrospray ionization (ESI)
o Atmospheric pressure chemical ionization (APCI)
o Matrix-assisted laser desorption/ionization (MALDI)
o Electron impact (EI)
o Chemical ionization (CI)
• Analyzer
o Quadrupole Mass analyzer
o Ion trap analyzer
o Time of Flight (TOF) analyzer
o Magnetic Sector Mass Analyser
o Fourier transform-ioncyclotron resonance (FT-ICR)
Based on the application, the market is segmented into the following:
• Pharmaceutical Industry
• Food Sciences
• Environmental Sciences
• Biotechnology
• Life Sciences
• Others
Based on the end user, the market is segmented into the following:
• Diagnostic Centers
• Biotechnology Firms
• Research Centers
• Academic Institutes
Based on the geographical regions, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa
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Market Summary: Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Food safety testing has gained significant importance in the recent years. It is the major segment where LC-MS/MS Devices are used extensively. Companies are focussing on the manufacturing of LC-MS/MS Devices which are specifically used in food industry. However, market players are focusing on the collaborations, acquisitions, mergers and new product developments in order strengthen their position in LC-MS/MS Devices Market globally
Regional Analysis: Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Geographically, global Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is the leading market followed by Europe for LC-MS/MS Devices, owing to the high usage of chromatographic techniques in various fields, growing biopharmaceutical and biotechnological research and development and increase in funding for innovation based projects, growing safety concerns regarding food, well established cosmetic industry etc. Latin America and Asia pacific region are also anticipated to have lucrative growth owing to the growing per capita income, rise in initiatives taken by the governments, developing healthcare infrastructure etc.
Competition Assessment: Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices Market
Some of the players in the global Liquid Chromatography-Tandem Mass Spectrometry (LC-MS/MS) Devices market include:
• Agilent Technologies (U.S.)
• Waters Corporation (U.S.)
• Thermo Fisher Scientific Inc. (U.S.)
• Shimadzu Corporation (Japan)
• GE Healthcare (U.S.)
• Bio-Rad Laboratories, Inc. (U.S.)
• PerkinElmer, Inc. (U.S.)
• Gilson, Inc. (U.S.)
• JASCO, Inc. (U.S.)
• Phenomenex, Inc. (U.S.)
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Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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