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Mass Spectrometry Market to Surpass USD 9.41 Billion by 2030, Driven by a 7.7% CAGR

08-14-2024 12:40 PM CET | Health & Medicine

Press release from: STELLAR MARKET RESEARCH

Mass Spectrometry Market

Mass Spectrometry Market

Estimated Revenue Growth:

August 14, 2024 - The Mass Spectrometry market size was valued at USD 5.6 Bn. in 2023 and is expected to reach USD 9.41 Bn. by 2030, at a CAGR of 7.7%.

Mass Spectrometry Market Overview:

The mass-to-charge ratio (m/z) of one or more molecules in a sample can be determined analytically with the use of mass spectrometry. It is frequently possible to determine the precise molecular weight of the sample's constituent parts using these measures. Molecular weight determination is a technique used by mass spectrometers to identify new compounds, quantify known compounds, and ascertain the structure and chemical characteristics of molecules.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/mass-spectrometry-market/2336

What are Mass Spectrometry Market Dynamics?

Market Drivers for Mass Spectrometry

An increase in the biotech and pharmaceutical industries' R&D activities

Mass spectrometry is a critical tool in the process of finding new drug candidates, assessing their effectiveness, comprehending their metabolic pathways, and helping to develop personalized medicine by patient stratification and biomarker identification. It is also crucial to proteomics and genomics research because it makes it possible to thoroughly examine proteins and DNA to uncover biological processes, pinpoint therapy targets, and locate biomarkers for early disease detection. The pharmaceutical business spent over โ‚ฌ42,500 million on R&D in Europe in 2021, according to EFPIA.

What is Mass Spectrometry Market Regional Insight?

The pharmaceutical and biotechnology industries, a robust research and development infrastructure, early adoption of cutting-edge technologies, and the presence of significant market players like Thermo Fisher Scientific, Agilent Technologies, Waters Corporation, and Danaher Corporation (SCIEX) all contributed to North America's dominance and XX% market share in 2023. Mass spectrometry equipment is heavily used by the well-established biotechnology and pharmaceutical industries in the area, which drives up demand for sophisticated analytical tools. Additionally, a strong research and development environment fosters continuous innovation and mass spectrometry technology adoption, all of which contribute to the mass spectrometry market's growth in North America.

What is Mass Spectrometry Market Segmentation?

By Product

Instruments
Hybrid Mass Spectrometry
Triple Quadrupole
Quadrupole ToF (Q-ToF)
Single Mass Spectrometry
Quadrupole
Time-Of-Flight (ToF)
Ion Trap
Software & Services

By Sample Preparation Technique

GC-MS
LC-MS
ICP-MS
Others

By Application

OMICS Research (Genomics, Proteomics and Metabolomics)
Drug Discovery
Environmental Testing
Food Testing
Pharma-Biopharma Manufacturing
Clinical Diagnostics
Applied Industries
Other Applications

by End User

Pharmaceutical Industries
Biotechnology Companies
Research Labs & Academic Institutes
Environmental Testing Labs
F&B Industry
Forensic Labs
Petrochemical Industry

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/mass-spectrometry-market/2336

Some of the current players in the Mass Spectrometry Market are:

Thermo Fisher Scientific
Agilent Technologies
Waters Corporation
Danaher Corporation (SCIEX)
Bruker Corporation
Shimadzu Corporation
PerkinElmer
JEOL Ltd.
Leco Corporation
Analytik Jena
MKS Instruments

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/mass-spectrometry-market/2336

Key Questions answered in the Mass Spectrometry Market Report are:

Which region held the largest Mass Spectrometry Market share in the Mass Spectrometry Market?
What is the expected Mass Spectrometry Mass Spectrometry Market size by 2030?
Which factors are the opportunities for the Mass Spectrometry Mass Spectrometry Market growth?
What are investment opportunities for the Mass Spectrometry Mass Spectrometry Market?
What are the recent industry trends that were implemented to generate additional revenue streams for the Mass Spectrometry Market?
Which segment dominates the Mass Spectrometry Market?

Key Offerings:

Past Market Size and Competitive Landscape
Mass Spectrometry Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Mass Spectrometry Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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