Mass Spectrometry Market Share Analysis, and Forecast To 2030

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Significant investments in resolving environmental issues and supporting development of new drugs and formulations are some key factors driving mass spectrometry market revenue growth

The Global Mass Spectrometry Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Mass Spectrometry industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Mass Spectrometry market along with crucial statistical data about the Mass Spectrometry market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

The global mass spectrometry market size reached USD 4.36 Billion in 2021 and is expected to register a revenue CAGR of 6.1% during the forecast period, according to latest analysis by Emergen Research. Increased spending by pharmaceutical companies on research development activities is a major factor driving market revenue growth. These research activities are also facilitating developments and drawing in investments in biopharmaceutical and personalized medicine. Pharmaceutical and biotechnology sectors account for 18.9% of total global research development expenditure, according to the 2018 European (EU) Industrial Research Development Investment Scoreboard. Mass spectrometry is used extensively in the pharmaceutical industry, ranging from drug discovery to late-stage development and clinical trials. As a result, increasing funding in pharmaceutical and biotechnology industries is expected to continue to support revenue growth of the market over the forecast period.

The current COVID-19 pandemic is expected to have an effect on the growth of the Mass Spectrometry industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Mass Spectrometry sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Mass Spectrometry industry.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Mass Spectrometry market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Mass Spectrometry market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Mass Spectrometry market.

The report covers the following chapters:

  • Impact of COVID-19 - This section describes the impact of COVID-19 on the Mass Spectrometry market.
  • Global Market Size and Growth - This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
  • Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
  • Global Macro Comparison - The global Mass Spectrometry market comparison with macro-economic factors gives the Mass Spectrometry market size, percentage of GDP, and average Mass Spectrometry market expenditure.
  • Supply Chain - The supply chain section of the report defines and explains the key players in the Mass Spectrometry industry supply chain.
  • Product/Service Analysis - The product/service analysis section of the report describes the leading products/services in the Mass Spectrometry market along with key features and differentiators for those products/services.
  • Customer Information - This chapter covers recent customers’ trends/preferences in the global Mass Spectrometry market.
  • Trends and Strategies - This chapter describes the major trends shaping the global Mass Spectrometry market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Thermo Fisher Scientific, Sciex, Agilent Technologies, Waters Corporation, Shimadzu Corporation, Bruker, Jeol Ltd., Teledyne FLIR LLC, MKS Instruments, Analytik Jena GmbH, Applied Rigaku Technologies, Inc., and Kore Technology

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Mass Spectrometry Market Segmentation:

  • Technology Outlook (Revenue, USD Billion; 2019-2030)

    • Hybrid Mass Spectrometry
    • Single Mass Spectrometry
    • Others
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Life Science Research
    • Drug Discovery
    • Environmental Testing
    • Food Testing
    • Clinical Diagnostics
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2019-2030)

    • Pharmaceutical Industry
    • Biotechnology Industry
    • Research Academic Institutes
    • Food Beverages Industry
    • Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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