According to AMR’s prediction, the global Mass Spectrometry Market was pegged at $6.52 billion in 2020, and is expected to reach $15.06 billion by 2030, growing at a CAGR of 8.6% from 2021 to 2030.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
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Key Findings of the Study –
- Depending on technology, the hybrid mass spectrometry segment held 55% share in the global mass spectrometry market in 2020.
- By application, the pharma segment accounted for the largest market share in 2020, and is expected to remain dominant throughout the forecast period.
- Region wise, Asia-Pacific is expected to exhibit highest CAGR of 8.50% during the forecast period.
Mass spectrometry offers increased sensitivity compared to other analytical systems, due to reduced background intrusion and higher specificity of characteristic fragmentation patterns to detect unknown compounds. Specific applications of mass spectrometry include drug testing and discovery, food contamination detection, pesticide residue analysis, isotope ratio determination, protein identification, and carbon dating. In addition, it can also determine the existence of the suspected substance and data on the molecular weight of the compound in the mixture, and provide data on the isotopic abundance and determined chemical data. Other uses include quantifying compounds in samples or studying the basics of gas-phase ion chemistry (the chemistry of ions and neutrals in space).
By technology, the hybrid mass spectrometry segment dominates the mass spectrometry market in 2020 and is expected to grow due to the increase in the advantages of hybrid mass spectrometers, such as fast testing capabilities and high resolution and the increasing demand for it. correct and accurate data. out.
♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭:
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In 2020, North America received the highest contribution of about $2,389.42 million in total revenue, due to technological advancements in mass spectrometry and integration of hardware and software systems in mass spectrometry devices.
Key Market Players –
Major key players that operate in the industry are Agilent Technologies, Inc., Danaher Corporation, Waters Corporation, Bruker Corporation, Thermo Fisher Scientific, Inc., Perkinelmer, Inc., Shimadzu Corporation., Kore Technologies, Ltd., Hiden Analytical, and Leco Corporation.
By Region –
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
LAMEA (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
♦ 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
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Frequently Asked Questions?
Q1. What is the total market value of global mass spectrometry market?
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Q3. What will be global mass spectrometry market growth in 2030?
Q4. What are the key trends in the global mass spectrometry market?
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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