Mass Spectrometry Market by Platform (Hybrid mass spectrometry (Triple Quadrupole, QTOF & FTMS), Single mass spectrometry (Quadrupole, TOF & Ion Trap)), Application (Pharmaceuticals, Biotechnology, Environmental testing) - Global Forecast to 2022

  • ID: 4425673
  • Report
  • Region: Global
  • 178 Pages
  • Markets and Markets
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The Global Mass Spectrometry Market is Expected to Reach USD 5.27 Billion by 2022 from USD 3.68 Billion in 2017, at a CAGR of 7.4%

FEATURED COMPANIES

  • Agilent Technologies
  • Bruker
  • Dani Instruments
  • Hiden Analytical
  • Jeol
  • Leco
  • MORE

The global mass spectrometry market is expected to reach USD 5.27 billion in 2022 from USD 3.68 billion in 2017 at a CAGR of 7.4%. The key factors driving the growth of the overall mass spectrometry market include the rising food safety concerns, increase in investment on pharmaceutical research and development, government initiatives for pollution control and environmental testing and technological advancements in mass spectrometry. However, the high cost of mass spectrometry systems is likely to restrain the growth of the market during the forecast period.

Based on application, the mass spectrometry market is segmented into pharmaceutical applications, biotech applications, environmental testing, food and beverage testing, petrochemical applications, and other applications. During the forecast period, the pharmaceutical application is expected to grow at the highest CAGR. This growth is mainly due to the growing importance of mass spectrometry in various stages of drug development and increasing R&D in pharmaceutical industries.

North America is expected to register the highest CAGR in the global mass spectrometry market during the forecast period of 2017-2022. Factors such as growing biopharmacuetical and biotechnology research & development and availability of funding for innovation-based research coupled with the boost in the US shale oil and gas production are expected to drive market growth during the forecast period.

Break of Primary Participants was as Mentioned Below:

  • By Company Type - Tier 1-52%, Tier 2-30%, and Tier 3-18%
  • By Designation - C-level-45%, Director Level-30%, Others-25%
  • By Region - North America-36%, Europe-24%, Asia Pacific-29%, RoW-11%

Some of the major players in the mass spectrometry market include Sciex (Subsidiary of Danaher) (US), Agilent Technologies (US), Waters Corporation (US), Thermo Fisher Scientific (US), PerkinElmer (US), and Shimadzu Corporation (Japan).

Research Coverage:

The report analyzes the mass spectrometry market and aims at estimating the market size and the future growth potential of this market based on various segments such as type of mass spectrometry on the basis of platform, application, and region. The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

Reasons to Buy the Report:

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies.

This Report Provides Insights on the Following Pointers:

  • Market Penetration: Comprehensive information on product and service portfolios offered by the top players in the global mass spectrometry market
  • Service Enhancement/Innovation: Detailed insights on upcoming trends and service launches in the global mass spectrometry market
  • Market Development: Comprehensive information about the lucrative emerging markets by type of platform, application, and region
  • Market Diversification: Exhaustive information about new services or service enhancements, growing geographies, recent developments, and investments in the global mass spectrometry market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and services of leading players in the market
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FEATURED COMPANIES

  • Agilent Technologies
  • Bruker
  • Dani Instruments
  • Hiden Analytical
  • Jeol
  • Leco
  • MORE

1 Introduction
1.1 Objectives of Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Methodology Steps
2.1.1 Secondary Research
2.1.1.1 Secondary Sources
2.1.2 Primary Research
2.1.2.1 Primary Sources
2.1.2.2 Key Data Insights From Primary Sources
2.2 Market Size Estimation Methodology
2.3 Market Data Estimation and Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Mass Spectrometry: Market Overview
4.2 Asia Pacific Market, By Platform, By Country 2017
4.3 Market, By Platform (2017 vs 2022)
4.4 Market Size, By Application, 2017 vs 2022 (USD Million)
4.5 Geographic Snapshot of the Mass Spectrometry Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements in Mass Spectrometry
5.2.1.2 Government Initiatives for Pollution Control and Environmental Testing
5.2.1.3 Funding and Investments
5.2.1.4 Increasing Spending on Pharmaceutical R&D Across the Globe
5.2.1.5 Government Regulations on Drug Safety
5.2.1.6 Rising Focus on Ensuring the Quality of Food Products
5.2.1.7 Growing Petrochemical Industry
5.2.2 Restraints
5.2.2.1 High Cost of Mass Spectrometry Systems
5.2.3 Opportunities
5.2.3.1 Growth Potential in Emerging Markets
5.2.4 Challenges
5.2.4.1 Dearth of Skilled Professionals

6 Mass Spectrometry Market, By Platform
6.1 Introduction
6.2 Single Mass Spectrometry
6.2.1 Quadrupole
6.2.2 Time-Of-Flight (TOF)
6.2.3 ION Trap
6.3 Hybrid Mass Spectrometry
6.3.1 Fourier Transform Mass Spectrometry (FTMS)
6.3.2 Triple Quadrupole
6.3.3 Quadrupole TOF (Q-TOF)
6.4 Other Platforms

7 Mass Spectrometry Market, By Application
7.1 Introduction
7.2 Pharmaceutical Applications
7.3 Biotech Applications
7.4 Petrochemical Applications
7.5 Environmental Testing
7.6 Food & Beverage Testing
7.7 Other Applications

8 Mass Spectrometry Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World (RoW)

9 Competitive Landscape
9.1 Market Share Analysis, 2016
9.2 Competitive Situation and Trends
9.2.1 Product Launches and Product Enhancements
9.2.2 Collaborations, Agreements, and Partnerships
9.2.3 Expansions

10 Company Profiles
(Business Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments.)*
10.1 Agilent Technologies
10.2 Sciex (A Subsidiary of Danaher)
10.3 Waters Corporation
10.4 Bruker
10.5 Thermo Fisher Scientific
10.6 Perkinelmer
10.7 Shimadzu Corporation
10.8 Jeol
10.9 Analytik Jena (A Subsidiary of Endress Hauser)
10.10 Hiden Analytical
10.11 Dani Instruments
10.12 Rigaku
10.13 Leco

*Details on Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Key Industry Insights
11.2 Discussion Guide

List of Tables

Table 1 Indicative List of Recent Product Launches in the Mass Spectrometry Market
Table 2 Government Initiatives (Mass Spectrometry Market, 2014-2016)
Table 3 Funding for Environmental Testing and Pollution Control Programs
Table 4 Mass Spectrometry Market, By Platform, 2015-2022 (USD Million)
Table 5 Single MS Market, By Type, 2015-2022 (USD Million)
Table 6 Single MS Market, By Region, 2015-2022 (USD Million)
Table 7 Single MS Market, By Region, 2015-2022 (Units)
Table 8 Quadrupole Mass Spectrometry Market, By Region, 2015-2022 (USD Million)
Table 9 Quadrupole MS Market, By Region, 2015-2022 (Units)
Table 10 Time-Of-Flight Mass Spectrometry Market, By Region, 2015-2022 (USD Million)
Table 11 Time-Of-Flight MS Market, By Region, 2015-2022 (Units)
Table 12 ION Trap Mass Spectrometry Market, By Region, 2015-2022 (USD Million)
Table 13 ION Trap MS Market, By Region, 2015-2022 (Units)
Table 14 Hybrid Mass Spectrometry Market, By Type, 2015-2022 (USD Million)
Table 15 Hybrid MS Market, By Region, 2015-2022 (USD Millions)
Table 16 Hybrid MS Market, By Region, 2015-2022 (Units)
Table 17 FTMS Mass Spectrometry Market, By Region, 2015-2022 (USD Million)
Table 18 FTMS Market, By Region, 2015-2022 (Units)
Table 19 Triple Quadrupole MS Market, By Region, 2015-2022 (USD Million)
Table 20 Triple Quadrupole MS Market, By Region, 2015-2022 (Units)
Table 21 Q-TOF MS Market, By Region, 2015-2022 (USD Million)
Table 22 Q-TOF MS Market, By Region, 2015-2022 (Units)
Table 23 Other Platforms Market, By Region, 2015-2022 (USD Million)
Table 24 Market for Other Platforms, By Region, 2015-2022 (Units)
Table 25 Mass Spectrometry Market, By Application, 2015-2022 (USD Million)
Table 26 Market for Pharmaceutical Applications, By Country, 2015-2022 (USD Million)
Table 27 Market for Biotech Applications, By Country, 2015-2022 (USD Million)
Table 28 Market for Petrochemical Applications, By Country, 2015-2022 (USD Million)
Table 29 Market for Environmental Testing, By Country, 2015-2022 (USD Million)
Table 30 Market for Food and Beverage Testing, By Country, 2015-2022 (USD Million)
Table 31 Market for Other Applications, By Country, 2015-2022 (USD Million)
Table 32 Global Market, By Region, 2015-2022 (USD Million)
Table 33 North America: Market, By Country, 2015-2022 (USD Million)
Table 34 North America: Market, By Platform, 2015-2022 (USD Million)
Table 35 North America: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 36 North America: Single MS Market, By Type, 2015-2022 (USD Million)
Table 37 North America: Market, By Application, 2015-2022 (USD Million)
Table 38 Prominent Events in the Us
Table 39 US: Market, By Platform, 2015-2022 (USD Million)
Table 40 US: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 41 US: Single MS Market, By Type, 2015-2022 (USD Million)
Table 42 US: Market, By Application, 2015-2022 (USD Million)
Table 43 Prominent Events in Canada
Table 44 Canada: Market, By Platform, 2015-2022 (USD Million)
Table 45 Canada: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 46 Canada: Single MS Market, By Type, 2015-2022 (USD Million)
Table 47 Canada: Market, By Application, 2015-2022 (USD Million)
Table 48 Europe: Market, By Country, 2015-2022 (USD Million)
Table 49 Europe: Market, By Platform, 2015-2022 (USD Million)
Table 50 Europe: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 51 Europe: Single MS Market, By Type, 2015-2022 (USD Million)
Table 52 Europe: Market, By Application, 2015-2022 (USD Million)
Table 53 Prominent Events in Germany (2014-2017)
Table 54 Germany: Market, By Technology, 2015-2022 (USD Million)
Table 55 Germany: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 56 Germany: Single MS Market, By Type, 2015-2022 (USD Million)
Table 57 Germany: Market, By Application, 2015-2022 (USD Million)
Table 58 UK: Market, By Technology, 2015-2022 (USD Million)
Table 59 UK: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 60 UK: Single MS Market, By Type, 2015-2022 (USD Million)
Table 61 UK: Market, By Application, 2015-2022 (USD Million)
Table 62 Italy: Market, By Platform, 2015-2022 (USD Million)
Table 63 Italy: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 64 Italy: Single MS Market, By Type, 2015-2022 (USD Million)
Table 65 Italy: Market, By Application, 2015-2022 (USD Million)
Table 66 France: Market, By Platform, 2015-2022 (USD Million)
Table 67 France: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 68 France: Single MS Market, By Type, 2015-2022 (USD Million)
Table 69 France: Market, By Application, 2015-2022 (USD Million)
Table 70 Spain: Market, By Platform, 2015-2022 (USD Million)
Table 71 Spain: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 72 Spain: Single MS Market, By Type, 2015-2022 (USD Million)
Table 73 Spain: Market, By Application, 2015-2022 (USD Million)
Table 74 RoE: Market, By Platform, 2015-2022 (USD Million)
Table 75 RoE: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 76 RoE: Single MS Market, By Type, 2015-2022 (USD Million)
Table 77 RoE: Market, By Application, 2015-2022 (USD Million)
Table 78 Asia Pacific: Market, By Country, 2015-2022 (USD Million)
Table 79 Asia Pacific: Market, By Platform, 2015-2022 (USD Million)
Table 80 Asia Pacific: Single MS Market, By Type, 2015-2022 (USD Million)
Table 81 Asia Pacific: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 82 Asia Pacific: Market, By Application, 2015-2022 (USD Million)
Table 83 Prominent Events in Japan
Table 84 Japan: Market, By Platform, 2015-2022 (USD Million)
Table 85 Japan: Single MS Market, By Type, 2015-2022 (USD Million)
Table 86 Japan: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 87 Japan: Market, By Application, 2015-2022 (USD Million)
Table 88 China: Market, By Platform, 2015-2022 (USD Million)
Table 89 China: Single MS Market, By Type, 2015-2022 (USD Million)
Table 90 China: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 91 China: Market, By Application, 2015-2022 (USD Million)
Table 92 Prominent Events in India
Table 93 India: Market, By Platform, 2015-2022 (USD Million)
Table 94 India: Single MS Market, By Type, 2015-2022 (USD Million)
Table 95 India: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 96 India: Market, By Application, 2015-2022 (USD Million)
Table 97 RoAPAC: Market, By Platform, 2015-2022 (USD Million)
Table 98 RoAPAC: Single MS Market, By Type, 2015-2022 (USD Million)
Table 99 RoAPAC: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 100 RoAPAC: Market, By Application, 2015-2022 (USD Million)
Table 101 Prominent Events in the UAE
Table 102 RoW: Market, By Platform, 2015-2022 (USD Million)
Table 103 RoW: Hybrid MS Market, By Type, 2015-2022 (USD Million)
Table 104 RoW: Single MS Market, By Type, 2015-2022 (USD Million)
Table 105 RoW: Market, By Application, 2015-2022 (USD Million)
Table 106 Product Launches and Product Enhancements, By Company (2014-2017)
Table 107 Collaborations, Agreements, and Partnerships, 2014-2017
Table 108 Expansions (2014-2017)
Table 109 Other Strategies (2014-2017)

List of Figures

Figure 1 Global Mass Spectrometry Market: Research Methodology Steps
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Research Design
Figure 6 Data Triangulation
Figure 7 Hybrid MS Segment to Register the Highest CAGR During the Forecast Period
Figure 8 Pharmaceutical Applications Segment to Register the Highest CAGR in the Global Mass Spectrometry Market Between 2017 & 2022
Figure 9 Geographical Snapshot of the Global MS Market
Figure 10 Rising Adoption of MS in Pharmaceutical and Environmental Analysis Will Drive Market Growth
Figure 11 China to Account for the Largest Share of the Hybrid MS Market in 2017
Figure 12 Hybrid MS Segment Will Continue to Dominate the Market in 2022
Figure 13 Pharmaceutical Applications Segment is Expected to Account for the Largest Market Share in 2022
Figure 14 North America to Register the Highest Growth Rate in the Forecast Period
Figure 15 Mass Spectrometry Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Hybrid MS Segment to Dominate the MS Market in 2022
Figure 17 Pharmaceutical Applications Segment to Grow at the Highest CAGR During the Forecast Period
Figure 18 North America to Command the Largest Share of the Global MS Market in 2017
Figure 19 North America: Market Snapshot
Figure 20 Europe: Market Snapshot
Figure 21 Asia Pacific: MS Market Snapshot
Figure 22 Petrochemical Industry to Witness the Highest Growth in the RoW MS Market
Figure 23 Global Market Share Analysis, By Key Player, 2016
Figure 24 Battle for Market Share: Product Launches and Product Enhancements Formed the Key Growth Strategy
Figure 25 Key Developments of the Prominent Players in MS Market (2013-2017)
Figure 26 Product Launches and Product Enhancements, By Company (2014-2017)
Figure 27 Collaborations, Agreements, and Partnerships, By Company (2014-2017)
Figure 28 Expansions, By Company (2014-2017)
Figure 29 Key Players Focusing on Other Strategies, By Company (2014-2017)
Figure 30 Agilent Technologies: Company Snapshot
Figure 31 Waters Corporation: Company Snapshot
Figure 32 Bruker: Company Snapshot
Figure 33 Thermo Fisher Scientific: Company Snapshot
Figure 34 Perkinelmer: Company Snapshot
Figure 35 Shimadzu Corporation: Company Snapshot
Figure 36 Jeol: Company Snapshot

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FEATURED COMPANIES

  • Agilent Technologies
  • Bruker
  • Dani Instruments
  • Hiden Analytical
  • Jeol
  • Leco
  • MORE

The global mass spectrometry market is expected to reach USD 5.27 Billion by 2022 from USD 3.68 Billion in 2017, at a CAGR of 7.4%. The growth of this market is majorly driven by technological advancements in mass spectrometry, government initiatives for pollution control and environmental testing, increasing spending on pharmaceutical R&D across the globe, government regulations on drug safety and growing petrochemical industry. However, the high cost of equipment is likely to restrain the growth of the market during the forecast period.

Availability of government funding for various research projects in a number of countries such as the US and Canada will open new opportunities for market players. In the US, the National Institute of Health (NIH) has provided a grant of USD 694 Million for Environmental Health Sciences (NIEHS) and USD 344 Million for Biomedical Imaging/Bioengineering (NIBIB). In March 2016, the Minister of State for Science and Technology announced an investment of USD 23 million for supporting 95 research projects at 26 universities across Canada.

The report analyzes the market by platform, application, and region. On the basis of platform, the market is segmented into single mass spectrometry, hybrid mass spectrometry, and other mass spectrometry. The hybrid mass spectrometry segment is expected to account for the largest share of the market in 2017, owing to its increased use in determining the structure of organic compounds. Based on application, the market is segmented into pharmaceutical applications, biotech applications, environmental testing, food and beverage testing, petrochemical applications, and other applications. In 2017, the pharmaceutical applications segment is expected to account for the largest share of the mass spectrometry market and is also projected to register the highest CAGR during the forecast period.

Geographically, North America is estimated to account for the largest share of the global market, followed by Europe. Availability of government funding, growing biotech and biopharma R&D in the US are the major factors driving the growth of the market. Growing funding for R&D in Canada will also drive market growth during the forecast period. However, high cost of mass spectrometry instruments is restraining the growth of this market.

As of 2016, the global mass spectrometry market was dominated by Agilent Technologies (US) Thermo Fisher Scientific (US), Waters Corporation (US), and SCIEX (Subsidiary of Danaher) (US). These companies accounted for a majority share of the global market in 2016. The other players involved in this market include Bruker (US), PerkinElmer (US), JEOL (Japan), Analytik Jena (Germany), Hiden Analytical (UK), Rigaku Corporation (Japan), LECO (US), and DANI Instruments (Italy).

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  • Agilent Technologies
  • Analytik Jena (A Subsidiary of Endress Hauser)
  • Bruker
  • Dani Instruments
  • Hiden Analytical
  • Jeol
  • Leco
  • Perkinelmer
  • Rigaku
  • Sciex (A Subsidiary of Danaher)
  • Shimadzu Corporation
  • Thermo Fisher Scientific
  • Waters Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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