Precision Business Insights


Mass Spectrometry Market

: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Mass Spectrometry Market: By Platform (Single Mass Spectrometry, Hybrid Mass Spectrometry,  and Others), By Application (Pharmaceutical, Biotechnology, Petrochemical, Environmental, Food & Beverage Testing, and Others) and Geography


Global Mass Spectrometry Market


Global Mass Spectrometry Market Report Description:

Global mass spectrometry market report gives comprehensive outlook on mass spectrometry across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global mass spectrometry market gives historical, current, and future market sizes (US$ Mn) on the basis of platform, application, and region. This report studies global mass spectrometry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global mass spectrometry market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global allergy market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global mass spectrometry products.


Global Mass Spectrometry Market:

The global mass spectrometry market is expected to be valued at US$ 4,147.2 Mn in 2018 and growing at a CAGR of 6.2% over the forecast period to reach US$ 6,378.7 Mn by 2025 owing to increasing concerns over food safety coupled with development of advancements in technology are anticipated to drive the growth of the market. Furthermore, increasing investments in research & development coupled with the support of the government by tightening the rules and regulations towards food safety. Growing focus on quality of food products, increasing initiatives by the government to control the pollution and environmental testing are expected to boost the growth of the market.


Technological innovations drives the growth of the market

Advancements in technology and innovations in mass spectrometry (MS) have developed analysis of the human proteome and intensely enhanced clinical assay throughput and accuracy. The USFDA has cleared and approved MS-based devices as diagnostic tests for identifying microbes from human cultures, screening newborns for metabolic problems, and measuring the concentrations of therapeutic drugs in blood. However, no device that is based on HPLC-MS-based for measuring proteins and peptides in IVDs has not yet cleared or approved by FDA for any use even not in clinical trials.


North America Accounts is expected to grow with Highest CAGR in Global Mass Spectrometry Market

North America is expected to grow with highest CAGR over the forecast years due to the rising funding for R&D in the United States, extensive usage of mass spectrometry in the metabolomics and petrol sector, and CFI sponsorship to mass spectrometry projects in Canada are expected to drive the growth of the market. Recently, the United States has witnessed a noteworthy rise in the shale gas and crude oil production with growing oil fields and the succeeding surge in the employment of analytical tools such as mass spectrometers.


Competition Assessment

Key player’s profiles in the global mass spectrometry market include:

  • SCIEX (US)
  • Agilent Technologies (US)
  • Thermo Fisher Scientific (US)
  • Waters Corporation (US)
  • Shimadzu Corporation (Japan)
  • PerkinElmer (US)
  • Bruker (US)
  • Analytik Jena (Germany)
  • JEOL (Japan)
  • Rigaku (Japan)
  • DANI Instruments (Italy)
  • Hiden Analytical (UK)
  • Extrel CMS (US)


Key Findings of the Report:


  • Global mass spectrometry market expanding at significant CAGR over 2018 to 2024 owing to increasing usage of mass spectrometers in quality testing for foods and rising investments in R&D
  • Based on region, North America accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global market


Detailed Segmentation


By Platform  

  • Single Mass Spectrometry
    • Quadrupole
    • Time-Of-Flight (TOF)
    • ION Trap
  • Hybrid Mass Spectrometry
    • Fourier Transform Mass Spectrometry (FTMS)
    • Triple Quadrupole
    • Quadrupole TOF (Q-TOF)
  • Others

By Application

  • Pharmaceutical
  • Biotechnology
  • Petrochemical
  • Environmental
  • Food & Beverage Testing
  • Others




North America

  • US
  • Canada


  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe


  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA


Key Features of the Report:


  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market