Mass Spectrometry Market Share, Size, key players, Top Companies Share, Opportunity and Forecast 2022-2027

According to IMARC Group's latest report, titled "Mass Spectrometry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global mass spectrometry market size reached US$ 5.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2027, exhibiting a growth rate (CAGR) of 7.46% during 2022-2027.

Mass spectrometry (MS) stands for an analytical technique used to quantify materials and identify compounds in a particular sample. Some of the most commonly used mass spectrometry technologies include ion trap, quadrupole, time-of-flight (TOF), triple quadrupole, quadrupole TOF and Fourier Transform Mass Spectrometry (FTMS). These technologies help in identifying molecules in a mixture, detecting impurities in a sample and analyzing a purified protein. Owing to these benefits, MS finds extensive applications across various industries, including pharmaceuticals, biotechnological, environmental, petrochemical and food and beverages.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Mass Spectrometry Market Trends:

Significant growth in the pharmaceutical sector across the globe is primarily creating a positive outlook for the market. Mass spectrometry is extensively used to analyze molecules in pharmaceutical drugs, phyto products, biosimilars and regenerative medicines. Moreover, the rising emphasis on environmental testing for pollution control is also bolstering the market growth. Additionally, the increasing adoption of mass spectrometry for detecting pathogens, microorganisms, toxins and chemicals to maintain food quality and safety is further contributing to the product demand. Additionally, various technological innovations, such as the launch of innovative hybrid spectrometers that facilitate rapid and high-resolution testing, are acting as other major growth-inducing factors. Several other factors, including extensive R&D activities, along with the escalating utilization of mass spectrometry in crude and shale gas production, are anticipated to further propel the market in the coming years.

Mass Spectrometry Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global mass spectrometry market has also been examined along with the profiles of the key players.

Some of these key players include:
Agilent Technologies Inc.
Bruker
Danaher Corporation
JEOL Ltd.
Kore Technology Ltd.
LECO Corporation
PerkinElmer Inc.
Rigaku Corporation
Shimadzu Corporation
Thermo Fisher Scientific Inc.
Waters Corporation.

Market Segmentation:

The report has segmented the mass spectrometry market based on technology, application, and region.

Breakup by Technology:
Triple Quadrupole (Tandem)
Quadrupole TOF (Q-TOF)
FTMS (Fourier Transform Mass Spectrometry)
Quadrupole
Time-of-Flight (TOF)
ION Trap
Others

Breakup by Application:
Pharmaceuticals
Biotechnology
Chemical and Petrochemicals
Environmental Testing
Food & Beverage Testing
Others

Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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