Global Next Generation Mass Spectrometer Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

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 and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn776450256 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Next Generation Mass Spectrometer Market (USD Million), 2021 - 2031

In the year 2024, the Global Next Generation Mass Spectrometer Market was valued at USD 5,389.75 million. 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%.

Mass spectrometry serves as a crucial analytical method for characterizing large biomolecules like DNA and proteins, particularly in omics-related studies. Its primary application lies in drug discovery, where it aids in identifying metabolite and drug structures, as well as screening metabolites in biological systems. With the surge in chronic diseases and increased investments in R&D for advanced diagnostic techniques, the demand for mass spectrometry is projected to grow.

Established guidelines and recommendations from regulatory bodies and organizations in the field of proteomics contribute to market growth. For instance, in 2020, The Human Proteome Organization's Human Proteome Project (HPP) updated guidelines on data interpretation for mass spectrometry, particularly focusing on data-independent acquisition (DIA) workflows and the new Universal Spectrum Identifier system. These guidelines aim to ensure high accuracy and minimize false-positive protein identifications, thereby enhancing the efficiency of mass spectrometry workflows.

  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. Global 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. Global Next Generation Mass Spectrometer Market, By Type, 2021 - 2031 (USD Million)
      1. Hybrid Mass Spectrometer
      2. Single Mass Spectrometer
    2. Global 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. Global Next Generation Mass Spectrometer Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Research centers
      3. Diagnostic laboratories
    4. Global 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