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Mass Spectrometry Software Market Key Player Analysis By - Waters Corporation; Thermo Fisher Scientific Inc.; Agilent Technologies, Inc.; Sciex (Danaher Corporation); Advanced Chemistry Development

05-03-2021 06:58 PM CET | Health & Medicine

Press release from: The Insight Partners

Mass Spectrometry Software

Mass Spectrometry Software

The mass spectrometry software market was valued at US$ 5,037.56 million in 2019 and is projected to reach US$ 8,541.36 million by 2027; it is expected to grow at a CAGR of 7.0% from 2020 to 2027.

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Factors, such as increasing applications of genomics and proteomics and growing software launches, are expected to propel the growth of the market. However, challenges associated with mass spectrometry software such as handling systems, scarcity of skilled professionals for reading the correct data and analysis, and workflow management, are the major factor hindering the market growth.

In the future, there would be continuing evolution of mass spectrometry, which is expected to drive the demand for powerful software, solutions, or platforms. Growing applications of proteomics are significantly contributing to the upgrading of mass spectrometry software, as it requires more sensitive and shortcut protocols to analyze the research studies. In addition, there is a significant growth in demand for diagnosis and treatment of genetic, rare genetic disorders, cancer, and other chronic diseases that require fully automated systems. Therefore, clinical research is likely to continue using mass spectrometry for clinical diagnosis.

Moreover, factors, such as rising incidence of chronic diseases, growing demand for immunoassays for diagnosing, and increasing technology development, are expected to evolve mass spectrometry and its software. Hence, it is expected that the healthcare industry would experience highly automated technologies with various features that are suitable for medical devices. These technologies are compatible for both laboratory and laboratory free applications in the near future.

Key companies Included in Mass Spectrometry Software Market:-

Waters Corporation; Thermo Fisher Scientific Inc.; Agilent Technologies, Inc.; Sciex (Danaher Corporation); Advanced Chemistry Development; Bruker; Adaptas Solutions; SpectralWorks Ltd.; Shimadzu Scientific Instruments; and PerkinElmer, Inc

Scope of Mass Spectrometry Software Market:

By Deployment Type

Cloud-based

On-premises

By Application

Pharmaceutical Companies

Research Organizations and Institutions

Others

 Mass Spectrometry Software Market: Regional analysis includes:

Ø  Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

Ø  Europe(Turkey, Germany, Russia UK, Italy, France, etc.)

Ø  North America(the United States, Mexico, and Canada.)

Ø  South America(Brazil etc.)

Ø  The Middle East and Africa(GCC Countries and Egypt.)

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