Mass Spectrometry Market is Seeing Explosive Growth By future Industry Winners: Agilent Technologies, Inc., Danaher Corporation, Waters Corporation, Bruker Corporation & Many Other

Global Mass Spectrometry Market was valued at $4,598 million in 2016, is estimated to reach at $7,922 million by 2023 at a CAGR of 8.0%, and expected to hit $XX.XX Billion by 2026. Growth in the market is primarily driven by factors such as government initiatives for pollution control and environmental testing, 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 technological advancements in mass spectrometers.

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Mass spectrometry market is studied with respect to two broad segments technology and application. The technology segment is segmented into single quadruple, gas chromatography, Fourier transform, tandem LC/MS, time of flight and others. The technology finds its applications in various sectors such as energy, government research, utilities, pharmaceuticals, diagnostics and environmental, security & defense, food & beverages and industrial chemicals fields. Tandem mass spectrometry is expected to show significant growth during the forecast period due to its considerable advances in new born screening and protein sequencing. On the basis of application the market is segmented into biotechnology, pharmaceuticals, research, food & beverage, environment testing and others. Food & beverages application segment is anticipated to show a fruitful CAGR owing to the increasing demand of mass spectrometry in the food testing processes.

On the basis of geography, mass spectroscopy market is divided into North America, Europe, Asia Pacific and RoW. North America held the largest market share followed by Europe in 2013. Presence of advance technologies and favorable government funding programs for research studies that use mass spectrometry such as the National Institutes of Health in U.S. funded a grant for biomedical research to the University of Georgia are the factors attributing for its largest share. Asia Pacific market is expected to show a lucrative growth rate owing to the increasing usage rates of mass spectrometry in pharmaceutical industries and in food testing processes.

North America held the largest share of the market in 2018 and is projected to continue to do so during the forecast period. Factors such as the growing funding for research and government initiatives in the US, widespread usage of mass spectrometry in the metabolomics and petroleum sector, and CFI funding towards mass spectrometry projects in Canada are driving the North American market. Lately, the US has seen a significant increase in the shale gas and crude oil production with increasing oil fields and the subsequent increase in the employment of analytical tools such as mass spectrometers.

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The report provides extensive competitive analysis and profiles of key market players, such as Agilent Technologies, Inc., Danaher Corporation, Waters Corporation, Bruker Corporation, Thermo Fisher Scientific, Inc., Perkinelmer, Inc., Shimadzu Corporation., Kore Technologies, Ltd., Dani Instruments S.P.A., and Leco Corporation.

The other players in the value chain include Rigaku, Bio-Rad Laboratories, Jeol Ltd, Alpha Omega, AMETEK Process Instruments, Evans Analytical Group LLC, Extrel CMS, FLIR Systems, Hitachi High-Technologies, and Ion Science.

Key Benefits:

o This report provides a detailed quantitative analysis of the current market trends from 2016 to 2023 to identify the prevailing opportunities.
o Market estimations are based on comprehensive analysis of the key developments in the industry.
o In-depth analysis based on geography assists to understand the regional market and the strategic business planning.
o The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.

Table Of Content

Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. MARKET SHARE ANALYSIS, 2016
3.4. PORTER'S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities

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