Global Mass Spectrometry Devices Market – Industry Trends and Forecast to 2026

  • Analytical Instruments
  • Upcoming Report
  • Jun 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Mass Spectrometry Devices Market By Technology (Hybrid Mass Spectrometry, Single Mass Spectrometry, Other Mass Spectrometry, Application (Biotechnology, Clinical Research, Diagnostics & Environmental Testing, Drug Discovery, Metabolomics, Pharmaceutical, Proteomics, Other Applications), End User (Institutes And Research Centers, Medical, Other), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa) – Industry Trends & Forecast to 2026

Market Analysis: Global Mass Spectrometry Devices Market 

Global mass spectrometry devices market is expected to rise from its initial estimated value of USD 8.03 billion by 2026, registering a substantial CAGR of 8.4% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in technological advancements in mass spectrometry and safety regulations on drugs.

Market Definition: Global Mass Spectrometry Devices Market 

Mass spectrometry is used to identify dissimilar sorts of chemical existing in the specimen and in assessment of specific sample. Mass spectrometry is plain method in scientific research conveniences which helps in the research of biological possessions. Mass spectrometry is used in the sequencing and account of proteins in life information. It distinguishes and amounts pivotal proteins obligatory in illness and attuned phenotypes and perceived demonstrative biomarkers for cure (cancer).According to World Health Organization, there were an estimated 9.6 million deaths in 2018 due to cancer; Cancer is the second leading cause of death globally. About 1 in 6 deaths is due to cancer. These deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth Market Drivers

  • Technological advancements in mass spectrometry is expected to act as a driver to the market growth
  • Growing regulations on drug safety is also expected to act as a driver to the market growth.

Market Restraints

  • High cost of mass spectrometry instruments is expected to restrain the market growth

Market Segmentation: By Technology

  • Hybrid Mass Spectrometry

    • Triple Quadrupole (Tandem)
    • Quadrupole TOF (Q-TOF)
    • FTMS (Fourier Transform Mass Spectrometry)

      • FT-ICR MS
      • Orbitrap

  • Single Mass Spectrometry

    • ION Trap
    • Quadrupole
    • Time-of-Flight (TOF)

  • Other Mass Spectrometry

By Application 

  • Biotechnology
  • Clinical Research
  • Diagnostics & Environmental Testing
  • Drug Discovery
  • Metabolomics
  • Pharmaceutical
  • Proteomics
  • Other Applications

By End User

  • Institutes and Research Centers
  • Medical
  • Pharmaceutical and biopharmaceutical companies
  • Suppliers and distributors of mass spectrometry system
  • Other

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia Pacific

  • Middle East & Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East & Africa

Key Developments in the Market:

  • In April 2019, Bruker and the Translational metabolic lab announced the establishment of a joint center of excellence at radboud university for translational omics. Focus of this is to develop new 4D multi-omics methods that can have a direct impact on patient care.
  • In April 2019, thermo Fisher Scientific expanded analytical instruments for clinical diagnostic by adding three systems for liquid chromatography-mass spectrometry (LC-MS) systems. Focus of this is to expand business in analytical instruments.

Competitive Analysis: Global Mass Spectrometry Devices Market

Global mass spectrometry devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of mass spectrometry devices market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Mass Spectrometry Devices Market

Few of the major competitors currently working in the mass spectrometry devices market are Agilent Technologies, Inc., Thermo Fisher Scientific, Waters, SCIEX, Bruker, PerkinElmer, JEOL, Analytik Jena AG, Hiden Analytical, Rigaku Corporation, LECO, DANI Instruments, Kore Technologies, Shimadzu Corp., Bio-Rad Laboratories, Alpha Omega, AMETEK.Inc, Evans Analytical Group LLC, Extrel CMS, LIR Systems, Hitachi High-Technologies(Japan) and others.

Research Methodology: Global Mass Spectrometry Devices Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry. The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts. Primary Respondents Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others. Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others. Reasons to Purchase this Report

  • Current and future of global mass spectrometry devices market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)


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