New York, United States, June 06, 2022 (GLOBE NEWSWIRE) -- Mass spectrometry is an analytical method for identifying and identifying the amount of a compound in a sample, similarly to traces of components at low concentrations. It allows scientists and researchers to detail complex samples in a single analysis. The sample is first ionized through an approach to the shortage of an electron in this process. The ions are then labelled and divided using computer-assisted measurements of fee and mass.
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Market Dynamics-
Drivers: -
Increasing investments and government initiatives in the industry will drive the market.
A driving force is increased investment in the pharmaceutical and biotechnology industries. The pharmaceutical and biotechnology industries will be driven by investments in critical areas such as the pharmaceutical and personalized medicine markets. Mass spectrometry is crucial in the pharmaceutical industry, from drug discovery to late-stage development and clinical trials. As a result, the mass spectrometry market is expected to benefit from increased funding from the pharmaceutical and biotechnology industries.
Growing government initiatives for pollution control and environmental testing in the mass spectrometry market will drive the market.
Environmental testing assists in identifying pollutants and in taking control of them. Government initiatives for pollution control and environmental testing, rising spending on pharmaceutical R&D worldwide, government regulations on drug safety, a growing focus on food quality, and an increase in crude and shale gas production all contribute to the market's growth.
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Restraints: -
The barrier will be luxurious product affordability.
Machine prices have increased due to technological advancements. The rate of a spectrometer influences the acquisition selection of quit users. Pharmaceutical companies will require many of these structures, raising the capital cost significantly. Furthermore, educational research laboratories find it difficult to raise funds for such structures due to tight budgets. These are the major factors limiting the growth of the Mass Spectrometry Market.
Opportunities: -
Possibilities for Advancement in Developing Markets.
Because of the Greenfield initiatives being installed in numerous end-user industries in those international locations, China and India significantly demand single mass spectrometers and hybrid spectrometry devices. These international sites' biopharmaceutical companies are powerful, and they must be contributing significantly to the growth of the spectrometry and chromatography markets.
Segmental Insights-
The market can be differentiated into three segments.
Hybrid mass spectrometry, Single mass spectrometry, and other mass spectrometry are the three types of technology. Triple quadrupole, quadrupole TOF, and Fourier transform mass spectrometry are the different types of hybrid mass spectrometry (FTMS). Ion trap, quadrupole, and time-of-flight mass spectrometry are the three types of mass spectrometry (TOF). Pharmaceutical, biotechnology, security, industrial chemistry, environmental testing, food & beverage testing, forensic, clinical, and other applications are included in the application segment. The mass spectrometry market is divided into four regions: North America, Europe, Asia-Pacific, Latin America, and the Caribbean.
Regional Insights-
The international mass spectrometry marketplace is split into four regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The Mass Spectrometry market is expected to be dominated by North America. Mass spectrometry is used in pharmaceutical, biotechnology, and industrial chemistry. In North America, the chemical industry is well-represented.
The United States has some well-known names in the chemical manufacturing industry. Furthermore, the United States is the market leader in chemical production.
In Europe, this market is also expected to grow significantly. In Europe, biotechnology is a major industry.
The Asia Pacific region is also expected to see significant growth in this market. Mass spectrometry is also used in the food and beverage industry.
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Key Players-
- Agilent Technologies
- Thermo Fisher Scientific
- Waters Corporation
- SCIEX (a Danaher subsidiary)
- Bruker
- JEOL
- PerkinElmer
- Hiden Analytical
- Rigaku
- Analytik Jena
- LECO and DANI Instruments
Mass Spectrometry Market Segmentation-
By Technology:
- Hybrid Mass Spectrometry
- Triple Quadrupole
- Quadrupole TOF
- Fourier Transform Mass Spectrometry
- Single Mass Spectrometry
- Ion Trap
- Quadrupole
- Time-of-Flight
- Other Mass Spectrometry
By Application
- Pharmaceutical
- Biotechnology
- Industrial Chemistry
- Environmental Testing
- Food & Beverage Testing
- Other Applications
Regions Covered
North America
-
- U.S.
- Canada
- Mexico
Europe
-
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
-
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
-
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
TABLE OF CONTENT
1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Market Overview
3.1 Report Segmentation & Scope
3.2 Value Chain Analysis: Mass Spectrometry Market
3.2.1 Vendor Matrix
3.3 Key Market Trends
3.3.1 Drivers
3.3.2 Restraints
3.3.3 Opportunities
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of Substitution
3.4.4 Threat of New Entrants
3.4.5 Competitive Rivalry
3.5 Regulatory Landscape
3.6 Technological Landscape
3.7 Market Share Analysis
4 Technology Overview
4.1 Introduction
4.1.1 Market Size & Forecast (Value & Volume)
4.2 Hybrid Mass Spectrometry
4.2.1 Market Size & Forecast (Value & Volume)
4.3 Single Mass Spectrometry
4.3.1 Market Size & Forecast (Value & Volume)
4.4 Other Mass Spectrometry
4.4.1 Market Size & Forecast (Value & Volume)
5 Application Overview
5.1 Introduction
5.1.1 Market Size & Forecast (Value & Volume)
5.2 Pharmaceutical
5.2.1 Market Size & Forecast (Value & Volume)
5.3 Biotechnology
5.3.1 Market Size & Forecast (Value & Volume)
5.4 Industrial Chemistry
5.4.1 Market Size & Forecast (Value & Volume)
5.5 Environmental Testing
5.5.1 Market Size & Forecast (Value & Volume)
5.6 Food & Beverage Testing
5.6.1 Market Size & Forecast (Value & Volume)
5.7 Other Applications
5.7.1 Market Size & Forecast (Value & Volume)
6 Regional Overview
6.1 Introduction
6.1.1 Market Size & Forecast (Value & Volume)
6.2 North America
6.2.1. U.S.
6.2.1.1.1 By Technology
6.2.1.1.2 By Application
6.2.2 Canada
6.2.1.2.1 By Technology
6.2.1.2.2 By Application
6.2.3 Mexico
6.2.1.3.1 By Technology
6.2.1.3.2 By Application
6.3 Europe
6.3.1 Market Size & Forecast (Value & Volume)
6.3.2 Germany
6.3.2.1 By Technology
6.3.2.2 By Application
6.3.3 France
6.3.3.1 By Technology
6.3.3.2 By Application
6.3. 4 U.K
6.3.4.1 By Technology
6.3.4.2 By Application
6.3.5 Italy
6.3.5.1 By Technology
6.3.5.2 By Application
6.3.6 Rest of Europe
6.3.6.1 By Technology
6.3.6.2 By Application
6.4 Asia Pacific
6.4.1 Market Size & Forecast (Value & Volume)
6.4.2 Japan
6.4.2.1 By Technology
6.4.2.2 By Application
6.4.3 China
6.4.3.1 By Technology
6.4.3.2 By Application
6.4.4 Australia
6.4.4.1 By Technology
6.4.4.2 By Application
6.4.5 India
6.4.5.1 By Technology
6.4.5.2 By Application
6.4.6 South Korea
6.4.6.1 By Technology
6.4.6.2 By Application
6.4.7 Rest of Asia-Pacific
6.4.7.1 By Technology
6.4.7.2 By Application
6.5 Middle East & Africa
6.5.1 Market Size & Forecast (Value & Volume)
6.5.2 Saudi Arabia
6.5.2.1 By Technology
6.5.2.2 By Application
6.5.3 South Africa
6.5.3.1 By Technology
6.5.3.2 By Application
6.5.4 Kuwait
6.5.4.1 By Technology
6.5.4.2 By Application
6.5.5 Rest of Middle East & Africa
6.5.5.1 By Technology
6.5.5.2 By Application
6.6 Latin America
6.6.1 Market Size & Forecast (Value & Volume)
6.6.2 Brazil
6.6.2.1 By Technology
6.6.2.2 By Application
6.6.3 Columbia
6.6.3.1 By Technology
6.6.3.2 By Application
6.6.4 Argentina
6.6.4.1 By Technology
6.6.4.2 By Application
6.6.5 Rest of Latin America
6.6.5.1 By Technology
6.6.5.2 By Application
7 Company Profile
7.1 Agilent Technologies
7.1.1 Company Overview
7.1.2 Financial Performance
7.1.3 Recent Developments
7.1.4 Product Portfolio
7.2 Thermo Fisher Scientific
7.2.1 Company Overview
7.2.2 Financial Performance
7.2.3 Recent Developments
7.2.4 Product Portfolio
7.3 Waters Corporation
7.3.1 Company Overview
7.3.2 Financial Performance
7.3.3 Recent Developments
7.3.4 Product Portfolio
7.4 SCIEX
7.4.1 Company Overview
7.4.2 Financial Performance
7.4.3 Recent Developments
7.4.4 Product Portfolio
7.5 Bruker
7.5.1 Company Overview
7.5.2 Financial Performance
7.5.3 Recent Developments
7.5.4 Product Portfolio
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Recent Developments-
Apr 20, 2022, Thermo Fisher Scientific Opens Bioprocessing Manufacturing Site in Ogden, Utah.
Mar 16, 2022, New Fully Customizable Electroporation System Enables Large Scale Cell Therapy Development and Clinical Manufacturing
Feb 03, 2022, Thermo Scientific Nicolet RaptIR FTIR Microscope Quickly Collects and analyzes High Spatial Resolution Data with Agility and Acuity.
Feb 15, 2022, Thermo Fisher Scientific Introduces New Cell and Gene Therapy Integrated Commercial Packaging and Distribution Services.
News Media
Rising Prevalence of Tuberculosis to Spur the Demand for TB Diagnostics Market
Technological Advancements Remarkably Surge the Endoscopy Devices Market
Increasing Investment in Healthcare and Biotechnology to Provide Boost to Mass Spectrometry Market
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