Global Mass Spectrometer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Instrument (Triple Quadrupole, Q-TOF, FTMS, Quadrupole, TOF), Services.

By Sample Preparation;

LC-MS, and GC-MS.

By Application;

Proteomics, Metabolomics, Glycomics and Others.

By End Use;

Government & Academic Institutions, Pharmaceutical & Biotechnology Companies and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn441119584 Published Date: November, 2024 Updated Date: December, 2024

Introduction

Global Mass Spectrometer Market (USD Million), 2020 - 2030

In the year 2023, the Global Mass Spectrometer Market was valued at USD 6,051.25 million. The size of this market is expected to increase to USD 9,780.73 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.

The global mass spectrometer market has witnessed significant growth in recent years, driven by advancements in technology and increasing applications across various industries. Mass spectrometry, an analytical technique that measures the mass-to-charge ratio of ions, plays a crucial role in fields such as pharmaceuticals, biotechnology, environmental testing, food and beverage analysis, and clinical diagnostics. The rising demand for high-throughput and accurate analytical instruments is propelling market expansion. Innovations such as hybrid spectrometers, which combine different types of mass spectrometry for enhanced sensitivity and specificity, are further fueling market dynamics.

The growing emphasis on research and development, coupled with increased funding from both governmental and private sectors, is fostering the adoption of mass spectrometry in cutting-edge research. As regulatory standards become more stringent, especially in the pharmaceutical and food industries, the need for precise and reliable analytical methods is driving the uptake of mass spectrometry solutions. With continuous improvements in instrument capabilities, including faster analysis times and enhanced accuracy, the global mass spectrometer market is poised for sustained growth, promising significant advancements in scientific and industrial applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Sample Preparation
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Global Mass Spectrometer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements

        2. Increasing applications

        3. Regulatory compliance

      2. Restraints
        1. High costs

        2. Technical complexity

        3. Skilled personnel shortage

      3. Opportunities
        1. Emerging markets

        2. Hybrid spectrometers

        3. Personalized medicine

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mass Spectrometer Market, By Product, 2020 - 2030 (USD Million)
      1. Instrument
        1. Triple Quadrupole
        2. Q-TOF
        3. FTMS
        4. Quadrupole
        5. TOF
      2. Services.
    2. Global Mass Spectrometer Market, By Sample Preparation, 2020 - 2030 (USD Million)
      1. LC-MS
      2. GC-MS
    3. Global Mass Spectrometer Market, By Application, 2020 - 2030 (USD Million)
      1. Proteomics

      2. Metabolomics

      3. Glycomics

      4. Others

    4. Global Mass Spectrometer Market, By End Use, 2020 - 2030 (USD Million)
      1. Government & Academic Institutions

      2. Pharmaceutical & Biotechnology Companies

      3. Others

    5. Global Mass Spectrometer Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Agilent Technologies, Inc.
      2. Danaher Corporation
      3. Waters Corporation
      4. BrU.K.er Corporation
      5. Shimadzu Corporation
      6. PerkinElmer, Inc.
      7. Rigaku Corporation
      8. LECO Corporation
  7. Analyst Views
  8. Future Outlook of the Market