Global Mass Spectrometry Market is expected to reach $8.80 billion by 2027 growing a CAGR 8.6% during 2018 to 2027.

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Some of the key players in global Mass Spectrometry market are Shimadzu Corporation, Danaher Corporation, Waters Corporation, PerkinElmer, Advion, Thermo Fisher Scientific, Dani Instruments, Flir Systems, Jeol USA Inc., Elico Ltd., Rigaku, MKS Instruments, and Hiden Analytical.

Gaithersburg, Maryland, United States – January 8, 2020 /MarketersMedia/

Some of the key factors influencing the market growth include growing focus on the quality of food products, technological advancements in mass spectrometers, increasing spending on pharmaceutical R&D, increase in crude and shale gas production and government initiatives for pollution control and environmental testing. However, the high cost of mass spectrometry systems is restraining market growth.

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Mass spectrometry is an analytical technique that determines and identifies quantities of a compound within a sample, and it can also identify traces of components at minute concentrations. It is utilized both quantitatively and qualitatively to detect unknown compounds and calculate the isotopic composition of a particular element in a molecule. It can also be used to observe fragments of a compound to determine its structure.

Based on the platform, the hybrid mass spectrometry segment is expected to witness considerable growth during the forecast period due to technological advancements in mass spec technologies and the advantages of hybrid mass spectrometry, such as sensitivity, accuracy, and efficiency over other platforms.

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By Geography, North America is projected to have significant growth during the forecast period. Factors such as the growing funding for research and government initiatives in the US, widespread usage of mass spectrometry in the metabolomics and petroleum sector, and CFI funding towards mass spectrometry projects in Canada are driving the North American market.

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Platforms Covered:
• Single Mass Spectrometry
• Hybrid Mass Spectrometry
• Other Platforms

Area of Uses Covered:
• Continuous Online Monitoring & Analysis
• Laboratory Analysis

Technologies Covered:
• Accelerator
• Uncoupled Mass Spectrometer
• Coupled

Product Types Covered:
• Reagents and Consumables
• Services
• Equipment

Designs Covered:
• Standalone
• Handheld
• Benchtop
• Other Designs

Applications Covered:
• Food Safety & Testing Analysis
• Environmental Testing
• Clinical Testing
• Forensic Toxicology
• Drug Discovery and Testing
• Proteomics
• Polymers Analysis
• Metabolomics
• Material Analysis
• Geological Analysis
• Biochemistry
• Process Monitoring

End Users Covered:
• Metal Processing
• Academic and Research Institutes
• Contract Research Organizations (CRO)
• Life Sciences and Biotechnology
• Pharma/Biopharmaceuticals
• Chemical and Petrochemical Industries
• Semiconductor and Electronics
• Government Research
• Waste and Water Treatment Utilities
• Energy
• Diagnostics and Environmental
• Law Enforcement, Defense, & First Responders
• Industrial Sectors
• Food and Beverage
• Testing, Inspection & Certification (Service Providers)
• Oil and Gas
• Mining
• Medical
• Ceramics and Plastics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-mass-spectrometry-market-is-expected-to-reach-880-billion-by-2027-growing-a-cagr-86-during-2018-to-2027/88941860

Source: MarketersMedia

Release ID: 88941860

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