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Mass Spectrometry Market worth 5.27 Billion USD by 2022


The global mass spectrometry market is projected to be valued at USD 3.44 Billion in 2016 and is expected to grow at a CAGR of 7.4% to reach USD 5.27 Billion by 2022. – PowerPoint PPT presentation

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Title: Mass Spectrometry Market worth 5.27 Billion USD by 2022

MarketsandMarkets Presents
Mass Spectrometry Market worth 5.27 Billion USD
by 2022
The report "Mass Spectrometry Market by Platform
(Hybrid mass spectrometry (Triple Quadrupole,
QTOF FTMS), Single mass spectrometry
(Quadrupole, TOF Ion Trap)), Application
(Pharmaceuticals, Biotechnology, Environmental
testing) - Global Forecast to 2022", The key
factors which include the growth of the
pharmaceutical and biotechnology industry and
technological advancements in mass spectrometry
are driving the growth of the global mass
spectrometry market during the forecast period.
The growing use of mass spectrometry in emerging
markets and the rising potential for the
application of high-resolution mass spectrometry
in healthcare are the key areas of opportunity in
this market. Browse 109 market data tables,36
figures , 176 pages And in-depth TOC on Mass
Spectrometry Market Get The PDF Brochure For
This Report https//
fdownload.asp?id437 The mass spectrometry
market is expected to reach 5.27 Billion by 2022
from an estimated USD 3.68 Billion in 2017, at a
CAGR of 7.4.  
By technology, the hybrid mass spectrometry
segment accounted for the largest share of the
market in 2017 The hybrid mass spectrometry
segment is expected to account for the largest
share of this market. The extensive applications
of hybrid mass spectrometers coupled with the
technological advancements in mass spectrometry
are driving the growth of this segment. By
application, the pharmaceutical application
industry held the largest market share in
2017 Based on application, the mass spectrometry
market is further segmented into pharmaceutical
application, biotech application, environmental
testing, food and beverage testing, petrochemical
applications, and other applications. In 2017,
the pharmaceutical applications segment is
expected to account for the largest share.
Extensive use of mass spectrometry technologies
at various stages of drug development processes
and increase in RD investments by pharmaceutical
industries are driving the growth of the
market. Request a sample of the
report https//
North America dominated the market in 2017 North
America accounted for the largest share of the
mass spectrometry market in 2016, followed by
Europe. High usage of mass spectrometry in the
pharmaceutical sector, growing funding to favour
mass spectroometry market in the US, high petrol
and natural gas production, growing
biopharmaceuticals and biotechnology research
development and fundings for innovation based
projects in Canada is expected to drive market
during the forecast period. Factors such as
availability of funds for research, growing
cosmetics industry in Germany, growing food
safety concerns and increased investments for
pharmaceuticals in the UK, favorable scenario of
biotechnology and pharmaceutical industry in
Italy, companys expansion in France and strong
food and beverage industry in Spain are driving
factors of  the European mass spectrometry
market. Agilent Technologies (US), Thermo Fisher
Scientific (US), Waters Corporation (US), and
SCIEX (Subsidiary of Danaher) (US) are the key
players in the mass spectrometry market. Other
players involved in this market are Bruker (US),
PerkinElmer (US), JEOL (Japan), Analytik Jena
(Germany), Hiden Analytical (UK), Rigaku (Japan),
LECO (US), and DANI Instruments (Italy).
  • Objectives of the Study
  • To define, describe, and forecast the global mass
    spectrometry market with respect to platform,
    application, and region
  • To provide detailed information regarding the
    major factors influencing the growth of the Mass
    Spectrometry market (drivers, restraints,
    opportunities, and challenges)
  • To strategically analyze micromarkets with
    respect to individual growth trends, prospects,
    and contributions to the overall market
  • To analyze market opportunities for stakeholders
    and provide details of the competitive landscape
    of Mass Spectrometry market leaders
  • To forecast the size of the market with respect
    to four main regions North America, Europe, Asia
    Pacific, and the Rest of the World
  • To profile the key players in the global mass
    spectrometry market and comprehensively analyze
    their core competencies

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