What Is Mass Spectroscopy? And How Covid 19 Impacted the Global Mass Spectrometry Market?

According to a new report published by Allied Market Research, titled global Mass Spectrometry Market was pegged at $6.52 billion in 2020, and is expected to reach $15.06 billion by 2030, growing at a CAGR of 8.6% from 2021 to 2030.

Mass spectrometry provides higher sensitivity than other analytical systems due to the reduced background intrusion and superior specificity of the characteristic fragmentation patterns for the detection of unknown compounds. Specific applications of mass spectrometry include drug discovery and testing, food contamination detection, pesticide residue analysis, isotope ratio determination, protein identification, and carbon dating. In addition, it can also identify the existence of suspicious compounds and compound molecular weight data in the mixture, and provides data on the isotopic abundance of the elements and short-term determined chemical data. Other uses include quantifying the amount of a compound in a sample or studying the fundamentals of ionic chemistry in the gas phase (the chemistry of ions and neutrals in a vacuum). MS is now commonly used in analytical laboratories studying the physical, chemical or biological properties of a wide variety of compounds.

♦ 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐭:
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The COVID-19 outbreak has had a positive impact on the global mass spectrometry market. There has been a strong demand for multiple spectrometers from the biotech and pharmaceutical industries due to the driving market for COVID-19. By 2020, in India, researchers from the Delhi-based Institute of Genomics and Integrative Biology (IGIB) and the National Center for Disease Control (NCDC) were able to find a novel coronavirus (COVID-19) with a sensitivity of 95% and 100%. relative accuracy to RT-PCR using a mass spectrometer. In April 2020, the British diagnostic company MAP Sciences announced the development of a rapid test for the COVID-19 virus. This technology uses multiple spectrometry to detect different proteins in COVID-19 and is intended to deliver test results within 30 minutes. These developments are expected to fuel the growth of the mass spectrometry market.

𝐏𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗼𝗳 𝗺𝗮𝗷𝗼𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝗽𝗹𝗮𝘆𝗲𝗿𝘀, 𝘀𝘂𝗰𝗵 𝗮𝘀 -

• Agilent Technologies, Inc.
• Danaher Corporation
• Waters Corporation
• Bruker Corporation
• Thermo Fisher Scientific, Inc.
• Perkinelmer, Inc.
• Shimadzu Corporation.
• Kore Technologies, Ltd.

By technology, the hybrid mass spectrometry segment dominated the mass spectrometry market in 2020 and is expected to grow due to the increase in the number of hybrid mass spectrometer benefits, such as fast, high resolution test capabilities and increased demand for precision and precision. result.

♦ 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
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By application, the pharmaceutical segment dominated the market in 2020 and is expected to increase the prevalence of chronic diseases, advance drug development research and increase the need for metabolite screening tests. The rising prevalence of chronic diseases increases the need for new drug candidates and drives the growth of the mass spectrometry market.

𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀?
Q1. The total market value of mass spectroscopy market is $5,885.28 million in 2020
Q2. What would be forecast period in the market report?
Q3. What is the market value of mass spectroscopy market in 2030?
Q4. Which is base year calculated in the mass spectroscopy market report?
Q5. Which are the top companies hold the market share in mass spectroscopy market?
Q6. Which is the most influencing segment growing in the mass spectroscopy market report?

♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲:
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