According to this report, the Global Mass Spectrometer market accounted for $3.25 billion in 2017 and is expected to reach $7.06 billion by 2026 growing at a CAGR of 9.0% during the forecast period.
Some of the factors such as high technological advancements, demand for petrochemical industry and increasing number of conferences and exhibitions by manufacturing companies are driving the market growth. However, high cost of devices and lack of skilled technicians are hindering the market growth.
Mass spectrometry is a technique which is used in the recognition of various types of chemical present in the sample. It is also used in the quantification of quantity of specific chemical in the sample. It identifies and quantities crucial proteins involved in disease and transformed phenotypes and standard diagnostic biomarkers for treatment. It is very common technique in systematic laboratories which helps in the study of biological and chemical properties of compounds. In life science area, mass spectrometry is primarily involved in the description and sequencing of proteins.
By Platform, the hybrid mass spectrometry segment witnessed considerable growth due to the wide applications coupled with the technological advancements which are driving the growth of this segment. Based on geography, North America acquired largest market share due to the high petrol and natural gas production, concentration of leading manufacturers and can be primarily attributed to ongoing research for soil, air and water testing which are expected to drive market during the forecast period.
Some of the key players profiled in the Mass Spectrometer Market include
Agilent Technologies
Analytik Jena
Bruker
Dani Instruments
Hiden Analytical
Jeol
Kore Technologies Ltd
Leco
Perkinelmer
Rigaku
Sciex
Shimadzu Corporation
Thermo Fisher Scientific
Waters Corporation
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry
5 Global Mass Spectrometer Market, By Product 5.1 Introduction 5.2 Gas Chromatography Mass Spectrometer (GC-MS) 5.3 Inductively Coupled Plasma Mass Spectrometer (ICP-MS) 5.4 Matrix-Assisted Laser Desorption Ionization - (MALDI) Time-Of-Flight 5.5 Single Quadruple 5.6 Tandem Mass Spectrometry 5.7 Time-Of-Flight Liquid Chromatography Mass Spectrometry 5.8 Other Products
6 Global Mass Spectrometer Market, By Platform 6.1 Introduction 6.2 Hybrid Mass Spectrometry 6.2.1 Triple Quadrupole 6.2.2 Quadrupole TOF (Q-TOF) 6.2.3 Fourier Transform Mass Spectrometry (FTMS) 6.3 Single Mass Spectrometry 6.3.1 ION Trap 6.3.2 Quadrupole 6.3.3 Time-Of-Flight (TOF) 6.4 Other Platforms
7 Global Mass Spectrometer Market, By Application 7.1 Introduction 7.2 Biotechnology 7.3 Clinical Research 7.4 Diagnostics & Environmental Testing 7.5 Drug Discovery 7.6 Food & Beverage Testing 7.7 Forensic Toxicology 7.8 Metabolomics 7.9 Petrochemical 7.10 Pharmaceutical 7.11 Proteomics 7.12 Security & Defense 7.13 Geological Analysis 7.14 Other Applications
8 Global Mass Spectrometer Market, By End User 8.1 Introduction 8.2 Ceramics and Plastics 8.3 Chemicals 8.4 Institutes and Research Centers 8.5 Law Enforcement, Defense, & First Responders 8.6 Medical 8.7 Metal Processing 8.8 Mining 8.9 Oil and Gas 8.10 Semiconductor and Electronics 8.11 Testing, Inspection & Certification (Service Providers) 8.12 Waste and Water Treatment Utilities 8.13 Other End Users
9 Global Mass Spectrometer Market, By Geography 9.1 Introduction 9.2 North America 9.3 Europe 9.4 Asia Pacific 9.5 South America 9.6 Middle East & Africa
10 Key Developments 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 10.2 Acquisitions & Mergers 10.3 New Product Launch 10.4 Expansions 10.5 Other Key Strategies