Next Generation Mass Spectrometer Market

By Type;

Hybrid Mass Spectrometer and Single Mass Spectrometer

By Applications;

Pharmaceuticals, Biotechnology, Medical Research, Food & Beverage Testing, and Others

By End User;

Hospitals, Research Centers, and Diagnostic Laboratories

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn776450256 Published Date: August, 2025

Next Generation Mass Spectrometer Market Overview

Next Generation Mass Spectrometer Market (USD Million)

Next Generation Mass Spectrometer Market was valued at USD 5,389.75 million in the year 2024. The size of this market is expected to increase to USD 8,168.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Next Generation Mass Spectrometer Market

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 5,389.75 Million
Market Size (2031)USD 8,168.62 Million
Market ConcentrationMedium
Report Pages309
5,389.75
2024
8,168.62
2031

Major Players

  • Waters Corporation
  • Thermo Fisher Scientific, Inc
  • AB Sciex Pte. Ltd
  • Bruker Corporation
  • Shimadzu Corporation
  • anaher Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Next Generation Mass Spectrometer Market

Fragmented - Highly competitive market without dominant players


The Next Generation Mass Spectrometer Market is expanding as laboratories adopt superior instruments for detailed molecular characterization. Approximately 65% of proteomics and pharmaceutical labs utilize these platforms to enhance sensitivity and throughput. This trend reflects the growing demand for high-resolution analytical tools to support biomarker discovery and precision drug development research.

Co‑development Driving Tool Innovation
Device innovation has surged by 62% due to collaborations between instrument developers and research institutions. These partnerships have led to instruments with improved resolving power, faster scan speeds, and refined ionization sources. By integrating feedback from expert end users, manufacturers deliver spectrometers tailored to complex analytical demands. Such collaborative strategies are central to next-gen device evolution.

Strategic Alliances Expanding Deployment
Close to 60% of research and clinical networks employ next-gen mass spectrometer systems acquired through mergers and partnerships. These alliances simplify deployment logistics, training, and support across institutions. This strategic market expansion enhances accessibility while maintaining consistency in performance and usability for broader research adoption.

Positive Trajectory Set by Integration and Innovation
With about 68% of scientists favoring automation-enabled, high-resolution spectrometers, the industry’s future growth trajectory is solid. Continued investment in AI-based interpretation, cross-modal integration, and modular instrument design ensures ongoing expansion. The synergy of innovation, partnerships, and improved user experience positions the market for sustained success.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Applications
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Next Generation Mass Spectrometer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Expanding applications
        3. Increasing government funding
      2. Restraints
        1. High cost
        2. Skilled workforce requirement
        3. Stringent regulations
      3. Opportunities
        1. Development of miniaturized and portable mass spectrometers
        2. Integration with other analytical techniques
    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. Next Generation Mass Spectrometer Market, By Type, 2021 - 2031 (USD Million)
      1. Hybrid Mass Spectrometer
      2. Single Mass Spectrometer
    2. Next Generation Mass Spectrometer Market, By Applications, 2021 - 2031 (USD Million)
      1. Pharmaceuticals
      2. Biotechnology
      3. Medical research
      4. Food and beverage testing
      5. Others
    3. Next Generation Mass Spectrometer Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Research centers
      3. Diagnostic laboratories
    4. Next Generation Mass Spectrometer Market, By Geography, 2021 - 2031 (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. Waters Corporation
      2. Thermo Fisher Scientific, Inc
      3. AB Sciex Pte. Ltd
      4. Bruker Corporation
      5. Shimadzu Corporation
      6. anaher Corporation
  7. Analyst Views
  8. Future Outlook of the Market