Global Mass Spectrometry Market is estimated to surpass 4.18 USD Billion mark in 2018 and reach 6.36 USD Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period 2016-2024 globally.Global Mass Spectrometry MarketGlobal Mass Spectrometry Market1 Mass spectrometry is an analytical technique where ions are generated from a sample to be analyzed. It involves separation of ions and quantification, ion separation is achieved by various trajectories of moving ions in varied mass charge ratio in a magnetic and/or electric field. Spectrometer unveils a chemical structure of a particular sample in gas, liquid and solid form to manipulate and use it in different pharmaceutical, biotechnology, food & beverages, and industrial applications.
The Global Mass Spectrometry Market is fuel by the growing demand of hyphenated and tandem techniques from food & beverages, biotech, the pharmaceutical industry, etc., technological advancement in spectrometer includes, high speed, doubled resolution, greater accuracy is driving the mass spectrometry market.
The mass spectrometry market has been segmented into technology, application, and geography. Among the technology segment, hybrid mass spectrometry segment holds the largest share of a market in 2017 due to extensive hybrid spectrometry applications coupled with recent advancements. In 2017, pharmaceutical application segment accounted the largest share owing to high use of mass spectrometry in drug development scenarios.
On the basis of region, the Global Mass Spectrometry Market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In year 2017, North America has the largest share of the mass spectrometry market due to the presence of key marketers in the region, their collaboration strategies, and high government funds for research and development studies. Asia Pacific region is expected to be the most lucrative market for Global Mass Spectrometry Market owing to the growing healthcare infrastructure, increasing key players focus on a region, and rising government funding for R & D.
Maximize Market Research has comprehensively analyzed Global Mass Spectrometry Market emphasizing on each and every segment keeping global and regional dynamics in perspective. The driving forces, as well as considerable restraints, have been explained in depth to attain a balanced scenario. The report classifies Global mass spectrometry market into various segments such as Technology, Application, and Regions providing a thorough understanding of the mass spectrometry Ecosystem. Importantly, the report delivers forecasts of the market, giving an insight into the future opportunities that exist in the Global Mass Spectrometry Market.
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Scope of the Global Mass Spectrometry Market:
Global Mass Spectrometry Market, By Platform
• Single Mass Spectrometry
o Time-Of-Flight (TOF)
o ION Trap
• Hybrid Mass Spectrometry
o Fourier Transform Mass Spectrometry (FTMS)
o Triple Quadrupole
o Quadrupole TOF (Q-TOF)
• Other Platforms
Global Mass Spectrometry Market, By Application
• Pharmaceutical Applications
• Biotech Applications
• Petrochemical Applications
• Environmental Testing
• Food & Beverage Testing
• Other Applications
Global Mass Spectrometry Market, By Region:
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Global Mass Spectrometry Market:
• PerkinElmer, Inc.
• Thermo Fisher Scientific
• Danaher Corporation
• Bruker Corporation
• Agilent Technologies
• Waters Corporation
• Shimadzu Corporation
• Bio-Rad Laboratories
• DANI Instruments
• Jeol Ltd
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