Press release
Global Clinical Mass Spectrometry Market to Reach USD 13.4 Billion by 2031, Driven by Advances in Precision Diagnostics
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"Mass spectrometry is revolutionizing clinical testing by offering unmatched accuracy, enabling earlier disease detection and better patient outcomes," said Dr. Alex Morgan, analytical technologies market analyst at CVMI.
Key Market Highlights
• 2024 Market Size: USD 6.2 billion
• 2031 Forecast: USD 13.4 billion
• CAGR: 11.7% (2024-2031)
Growth Catalysts
• Precision Medicine: Growing need for targeted therapeutic monitoring.
• Tech Integration: AI and automation improve workflow efficiency.
• Broader Applications: Expanding role in proteomics and metabolomics.
Segment Insights
• Top Technology: LC-MS holds over 50% market share.
• Fastest-growing segment: tandem mass spectrometry for clinical diagnostics.
• Regional Leaders: North America dominates; Asia-Pacific is the quickest-growing market.
Competitive Overview (2024)
• Thermo Fisher Scientific - 22%: Leader in advanced MS systems.
• Agilent Technologies - 17%: Strong LC-MS product portfolio.
• SCIEX - 15%: Innovation in quantitative MS.
• Others - 46%: Diverse mix of regional players.
Outlook to 2031
With ongoing innovation and growing clinical adoption, the MS market will be key in the future of diagnostic testing.
For more insights, visit: https://clearviewmarketinsights.com/.
For detailed insights or media inquiries, contact:
Clearview Market Insights - Analytical Technologies Division
Bhavani K
Mail: sales@clearviewmarketinsights.com
Phone: +1 917-993-7369
About Clearview Market Insights:
Clearview Market Insights is a leading market research and consulting firm providing in-depth industry analysis and strategic recommendations for businesses worldwide.
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