Clinical Mass Spectrometry Market Growing Automation in Healthcare to Benefit Growth of the Market

Clinical mass spectrometry serves as a quantitative and qualitative analytical tool for assessment of complex mixtures in all the phases of drug development, including identification of the lead compound and their conformational details. Clinical laboratories use automation for the management of large number of samples through, either total automation systems or high level analyzer automation that are offered by clinical mass spectrometers such as Matrix Assisted Laser Desorption/Ionization (MALDI-TOF). These automated platforms assist effective processing of increasingly large workloads. Thus, clinical laboratories are among the largest end users of this technique. Moreover, the advancement in technology over the recent past, has enabled the ease of measuring and distinguishing separate contributions of molecules such as thyroid hormones and 25-hydroxyl vitamins D2 and D3. Application of translational research in the field of mass spectrometry has resulted in the discovery of blood-based biomarkers, endogenous metabolites, tumor markers, and new disease biomarkers. These advancements are expected to fuel adoption of clinical mass spectrometry devices.

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The global clinical mass spectrometry market is estimated to be valued at US$ 4,982.5 million in 2017 and is expected to witness a CAGR of 7.3% over the forecast period (2017 – 2025).

Increasing demand for automation in diagnostic techniques to drive growth of the clinical mass spectrometry market

Mass spectrometry enables various diagnostic analyses and study of functional genomics, metabolomics, and proteomics that facilitate development of a cost-effective analytic platform for analysis of samples. The automated laboratory systems provide several high-end functionalities such as MassEXTEND primer extension and nano liter dispensing of samples on to the spectroCHIPS, and data analysis using pre-loaded workstations that make the task of the clinicians and testing personnel easy and less tedious.  Ease of management, quick results, and less complex functionality of these facilities are associated with low costs. Apart from cost- effectiveness, improved quality assays, simplicity, automation, and data reliability, increased sensitivity, reduced cross-reactivity & non-specific binding, and significantly low downtime are advantages offered by mass spectrometers over conventional immunoassays. Moreover, major capital investments associated with the set up and maintenance of these devices poses as a major restraint for the global market growth.
Mass spectrometers are largely unaffordable for small diagnostic clinics and laboratories, especially in emerging economies. Moreover, these mass spectrometry methods are labor intensive and require technically skilled professionals. The dearth of these skillful operators is also a constraint for the global clinical mass spectrometry market growth.

Market Dynamics

Clinical mass spectrometry offers significant advantages related to clinical research and forensic toxicology applications in terms of speed, robustness, simplicity, and selectivity of small molecules. Clinical mass spectrometry manufacturers are continuously collaborating with clinical diagnostic companies to retain the market share for new products that can quantify low trace levels of disease biomarkers. In Cambridge (U.S.) Thermo Fisher is advancing proteomics and clinical translational research through collaborations at the Biomarkers Research Initiatives in mass spectrometry center. Furthermore, increasing demand for clinical mass spectrometry to perform diagnostic assays in the field of endocrinology, toxicology, leukemia, and biochemical genetics, which helps overcome limitations of conventional immunoassays is also expected to create a favorable environment for growth of the market over the forecast period.

Market Taxonomy

This report segments the global clinical mass spectrometry market on the basis of product type, application, and end user. On the basis of product type, the market is segmented into gas chromatography–mass spectrometry-(GC MS) instrument, liquid chromatography–mass spectrometry-(LC MS) instrument, maldi TOF mass spectrometer, capillary electrophoresis–mass spectrometry, and ion mobility spectrometry-mass spectrometry. Applications of clinical mass spectrometry include clinical testing, proteomics, and drug discovery. On the basis of end user, the clinical mass spectrometry market is segmented into research laboratories, diagnostic laboratories, and hospitals.

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Key companies covered as part of this study include Agilent Technologies , Waters, Shimadzu Corporation, Danaher, PerkinElmer Inc., Thermo Fisher Scientific Inc., Bruker, Mass Spectrometry Instruments (MSI), and Kore technology

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