Global Mass Spectroscopy Market: Application in Several Sectors to Sustain Demand

Mass spectrometry includes various technologies, which include gas and liquid chromatography combined with mass spectrometry, time-of-flight mass spectrometry (TOFMS), matrix-assisted laser desorption/ionization (MALDI), and quadrupole mass spectroscopy. In healthcare, mass spectroscopy is used to trace the distribution of numerous biomolecules directly from tissue samples. Similarly, gas chromatography-mass spectrometry (GC-MS) combination systems find application in pharmaceutical and chemical analysis and food, forensic, and environmental studies. Furthermore, triple-quadrupole liquid chromatography-mass spectrometry is used in pharmaceutical research for pharmacokinetic screening, metabolite identification, impurity profiling, and other related applications. In environmental sciences, mass spectroscopy is used to detect contamination in water and soil.

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The research study observes that with technological advancements, the application of mass spectroscopy is gaining momentum and fueling the global market. In healthcare, diagnostic and forensic laboratories, research institutions, and pharmaceutical companies are the primary customers for mass spectroscopy. The report finds that in the recent past, there has been a surge in research and development activities in molecular biology, drug development, proteomic, and biomarkers and gene expression studies. These requirements are fulfilled by mass spectroscopy device manufacturers.

The global market for mass spectroscopy can be segmented on the basis of platform, application, and region. By platform, the market can be segmented into hybrid, single, and other mass spectroscopy. By application, the market can be categorized into pharmaceuticals, biotechnology, industrial chemistry, and others.

Geographically, the report observes that North America and Europe account for more than half the market due to a large number of academic and research institutes. On the other hand, emerging economies in Asia Pacific are projected for a higher growth rate due to increasing research expenses. However, high price of devices is seen as a restraint in the growth of the market for mass spectroscopy in these regions.

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Some of the prominent players in the global market for mass spectroscopy are Danaher Corporation, PerkinElmer, Bruker Corporation, Agilent Technologies, Waters Corporation, Leco Corporation, Shimadzu Corporation, and Kore Technologies, Ltd.

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