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Mass Spectrometry - Company Evaluation Report, 2024

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    Report

  • 135 Pages
  • May 2025
  • Region: Global
  • Markets and Markets
  • ID: 6097329
The Mass Spectrometry Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market Mass Spectrometry. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. Over 100 companies were evaluated, of which the top 14 EVA Films companies were categorized and recognized as the quadrant leaders.

Mass spectrometry involves the application of controlled mechanical or pneumatic pressure. This mode of treatment utilizes the elastic properties of compression garments or the pneumatic force of compression devices to address specific clinical requirements as part of disease management.

Factors such as increasing spending on pharmaceutical R&D worldwide, government regulations on drug safety, a growing focus on the quality of food products, and growing government initiatives for pollution control and environmental testing, along with privatization of environmental testing for emerging contaminants, are high-growth prospects for the mass spectrometry market during the forecast period. Based on the product, the mass spectrometry is segmented into instruments and software & services.

Instruments segment to register a significant growth rate over the forecast period of 2024-2030. Advantages offered by instruments, such as rapid and high-resolution testing abilities with more accurate and precise results, are increasing their adoption. Consequently, the demand for mass spectrometry devices for high throughput screening is also growing. The instruments segment is further divided into hybrid mass spectrometry instruments, single mass spectrometry instruments, and other mass spectrometry instruments.

The 360 Quadrant maps Mass Spectrometry companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of GPU as a Service quadrant. The top criteria for product footprint evaluation included Type (LC-MS, GC-MS, and ICP-MS) product (instruments and software & services.) Application (OMICS research, drug discovery, environmental testing, food testing, pharma/biopharma manufacturing, clinical diagnostics, applied sciences, and other applications) and End user (pharmaceutical industry, biotechnology companies, research labs & academic institutes, environmental testing labs, the food & beverage industry, forensic labs, the petrochemical industry, and other end users).

Key Players:

Key players operating in Mass Spectrometry including Agilent Technologies, Inc. (US), Thermo Fisher Scientific Inc. (US), Danaher (US), Waters Corporation (US), Bruker (US), Shimadzu Corporation (Japan), PerkinElmer (US), JEOL Ltd. (Japan), JASCO Corporation (Japan) Teledyne Technologies Incorporated (US), MKS Instruments (US), AMETEK. Inc. (US), and Hitachi High-Tech Corporation (Japan).

Agilent Technologies, Inc.

Agilent Technologies, Inc. is a leading player, offering a comprehensive product portfolio including LC-MS, GC-MS, and ICP-MS. The company's consistent investment in R&D enhances its product offerings, supporting the innovation required to maintain a competitive edge. By focusing on acquisitions and strategic partnerships, Agilent has bolstered its capabilities in drug discovery and environmental safety applications. Agilent's strong market presence in North America and Europe underscores its role as a key player, leveraging its robust distribution channels to expand into Asia and other emerging market.

Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. is renowned for its integrated portfolio of analytical instruments, including mass spectrometry solutions for biotechnology and pharmaceutical applications. The company continuously works on expanding its product portfolio through technological advancements and strategic collaborations. Thermo Fisher's solutions cater to a wide range of industries, reinforcing its market share and positioning it as a leader in the sector. Their commitment to innovation and expansion into emerging markets ensures sustained growth and influence in the mass spectrometry industry.

Waters Corporation

Waters Corporation specializes in liquid chromatography and mass spectrometry, focusing on scientific advancement through innovation in product offerings like the Xevo TQ Absolute tandem quadrupole mass spectrometer. Notably, the company has expanded its manufacturing capabilities in the UK and continually seeks to enhance its bioanalytical characterization services through strategic acquisitions. Waters' strong emphasis on research excellence and expanding market presence solidifies its rank among the top players in the mass spectrometry sector.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Increasing Regulatory Emphasis and Privatization of Environmental Testing Services
3.2.1.2 Growing Application of Mass Spectrometry in Clinical and Forensic Settings
3.2.1.3 Rising Focus on Drug Safety
3.2.1.4 Increasing Investments in Pharmaceutical Research & Development
3.2.2 Restraints
3.2.2.1 Capital-Intensive Investments for High-End Equipment
3.2.2.2 Time-Consuming Sample Preparation Steps
3.2.3 Opportunities
3.2.3.1 Development of Novel Mass Sensors and Nanopore Ion Sources
3.2.3.2 Growth Opportunities in Emerging Economies
3.2.4 Challenges
3.2.4.1 Inadequate Infrastructure and Shortage of Skilled Professionals
3.3 Trends/Disruptions Impacting Customer Business
3.4 Value Chain Analysis
3.4.1 R&D
3.4.2 Raw Material Procurement and Product Development
3.4.3 Marketing, Sales, and Distribution
3.4.4 Aftermarket Services
3.5 Supply Chain Analysis
3.5.1 Prominent Companies
3.5.2 Small and Medium-Sized Enterprises
3.5.3 End-users
3.5.4 Sales and Distribution
3.6 Ecosystem Analysis
3.7 Technology Analysis
3.7.1 Key Technologies
3.7.1.1 Quadrupole Mass Analyzers
3.7.1.2 Time-Of-Flight Mass Analyzers
3.7.1.3 Ion Trap Mass Analyzers
3.7.2 Complementary Technologies
3.7.2.1 Lc-Ms
3.7.2.2 Gc-Ms
3.7.3 Adjacent Technologies
3.7.3.1 Mass Spectrometry Imaging
3.8 Patent Analysis
3.9 Key Conferences and Events, 2025-2026
3.10 Case Study Analysis
3.10.1 Use of Mass Spectrometry Instruments for Clinical Diagnostics
3.11 Porter's Five Force Analysis
3.11.1 Bargaining Power of Suppliers
3.11.2 Bargaining Power of Buyers
3.11.3 Threat of New Entrants
3.11.4 Threat of Substitutes
3.11.5 Intensity of Competitive Rivalry
3.12 Impact of AI/Gen AI on Mass Spectrometry Market
3.12.1 Introduction
3.12.2 Market Potential of Mass Spectrometry
3.12.3 AI Use Cases
3.12.4 Key Companies Implementing AI
3.12.5 Future of AI/Gen AI in Mass Spectrometry Ecosystem
4 Competitive Landscape
4.1 Introduction
4.2 Key Player Strategies/Right to Win
4.2.1 Overview of Strategies Adopted by Players in Mass Spectrometry Market
4.3 Revenue Analysis, 2019-2023
4.4 Market Share Analysis, 2023
4.5 Market Ranking Analysis, 2023
4.6 Company Valuation and Financial Metrics
4.7 Brand/Product Comparison
4.8 Company Evaluation Matrix: Key Players, 2023
4.8.1 Stars
4.8.2 Emerging Leaders
4.8.3 Pervasive Players
4.8.4 Participants
4.8.5 Company Footprint: Key Players, 2023
4.8.5.1 Company Footprint
4.8.5.2 Region Footprint
4.8.5.3 Product Footprint
4.8.5.4 Application Footprint
4.8.5.5 End-user Footprint
4.9 Company Evaluation Matrix: Startups/SMEs, 2023
4.9.1 Progressive Companies
4.9.2 Responsive Companies
4.9.3 Dynamic Companies
4.9.4 Starting Blocks
4.9.5 Competitive Benchmarking of Startups/SMEs, 2023
4.9.5.1 Detailed List of Key Startups/SMEs
4.9.5.2 Competitive Benchmarking of Key Startups/SMEs
4.10 Competitive Scenario
4.10.1 Product Launches and Approvals
4.10.2 Deals
4.10.3 Expansions
5 Company Profiles
5.1 Key Players
5.1.1 Agilent Technologies, Inc.
5.1.1.1 Business Overview
5.1.1.2 Products Offered
5.1.1.3 Recent Developments
5.1.1.3.1 Product Launches and Approvals
5.1.1.3.2 Deals
5.1.1.3.3 Expansions
5.1.1.4 Analyst's View
5.1.1.4.1 Right to Win
5.1.1.4.2 Strategic Choices
5.1.1.4.3 Weaknesses and Competitive Threats
5.1.2 Thermo Fisher Scientific Inc.
5.1.2.1 Business Overview
5.1.2.2 Products Offered
5.1.2.3 Recent Developments
5.1.2.3.1 Product Launches and Approvals
5.1.2.3.2 Deals
5.1.2.3.3 Expansions
5.1.2.4 Analyst's View
5.1.2.4.1 Right to Win
5.1.2.4.2 Strategic Choices
5.1.2.4.3 Weaknesses and Competitive Threats
5.1.3 Waters Corporation
5.1.3.1 Business Overview
5.1.3.2 Products Offered
5.1.3.3 Recent Developments
5.1.3.3.1 Product Launches and Approvals
5.1.3.3.2 Deals
5.1.3.3.3 Expansions
5.1.3.4 Analyst's View
5.1.3.4.1 Right to Win
5.1.3.4.2 Strategic Choices
5.1.3.4.3 Weaknesses and Competitive Threats
5.1.4 Danaher
5.1.4.1 Business Overview
5.1.4.2 Products Offered
5.1.4.3 Recent Developments
5.1.4.3.1 Product Launches and Approvals
5.1.4.3.2 Deals
5.1.4.3.3 Expansions
5.1.4.4 Analyst's View
5.1.4.4.1 Right to Win
5.1.4.4.2 Strategic Choices
5.1.4.4.3 Weaknesses and Competitive Threats
5.1.5 Bruker
5.1.5.1 Business Overview
5.1.5.2 Products Offered
5.1.5.3 Recent Developments
5.1.5.3.1 Product Launches and Approvals
5.1.5.3.2 Deals
5.1.5.3.3 Expansions
5.1.5.4 Analyst's View
5.1.5.4.1 Right to Win
5.1.5.4.2 Strategic Choices
5.1.5.4.3 Weaknesses and Competitive Threats
5.1.6 Shimadzu Corporation
5.1.6.1 Business Overview
5.1.6.2 Products Offered
5.1.6.3 Recent Developments
5.1.6.3.1 Product Launches and Approvals
5.1.6.3.2 Deals
5.1.6.3.3 Expansions
5.1.7 Mks Instruments
5.1.7.1 Business Overview
5.1.7.2 Products Offered
5.1.8 Perkinelmer
5.1.8.1 Business Overview
5.1.8.2 Products Offered
5.1.8.3 Recent Developments
5.1.8.3.1 Product Launches and Approvals
5.1.8.3.2 Deals
5.1.9 Jeol Ltd.
5.1.9.1 Business Overview
5.1.9.2 Products Offered
5.1.10 Hitachi High-Tech Corporation
5.1.10.1 Business Overview
5.1.10.2 Products Offered
5.1.10.3 Recent Developments
5.1.10.3.1 Other Developments
5.1.11 Teledyne Technologies Incorporated
5.1.11.1 Business Overview
5.1.11.2 Products Offered
5.1.11.3 Recent Developments
5.1.11.3.1 Deals
5.1.12 Ametek.Inc.
5.1.12.1 Business Overview
5.1.12.2 Products Offered
5.1.13 Jasco Corporation
5.1.13.1 Business Overview
5.1.13.2 Products Offered
5.1.14 F. Hoffmann-La Roche Ltd
5.1.14.1 Business Overview
5.1.14.2 Products Offered
5.1.14.3 Recent Developments
5.1.14.3.1 Product Launches and Approvals
5.2 Other Players
5.2.1 Analytik Jena GmbH+Co. KG
5.2.2 Hiden Analytical
5.2.3 Leco Corporation
5.2.4 Rigaku Holdings Corporation
5.2.5 Youngin Chromass
5.2.6 Scion Instruments
5.2.7 Kore Technology
5.2.8 Process Insights, Inc.
5.2.9 Masstech
5.2.10 Advion, Inc.
5.2.11 Spacetek Technology AG
5.2.12 Elementar Analysensysteme GmbH
5.2.13 Skyray Instruments USA, Inc.
5.2.14 Microsaic
5.2.15 Pfeiffer Vacuum+Fab Solutions
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Growth Forecasting Model
6.1.3 Research Assumptions
6.1.4 Research Limitations
6.1.5 Risk Analysis
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Mass Spectrometry Market: Impact Analysis of Market Dynamics
Table 2 Drug Warnings/Recalls in India, 2021-2024
Table 3 Mass Spectrometry Market: Role of Companies/ Organizations in Ecosystem
Table 4 Mass Spectrometry Market: Innovations and Patent Registrations, 2023-2024
Table 5 Mass Spectrometry Market: Key Conferences and Events, 2025-2026
Table 6 Use of Mass Spectrometry Instruments for Clinical Diagnostics
Table 7 Mass Spectrometry Market: Porter's Five Forces Analysis
Table 8 Overview of Strategies Adopted by Players in Mass Spectrometry Market, 2021-2024
Table 9 Mass Spectrometry Market: Degree of Competition
Table 10 Mass Spectrometry Market: Region Footprint
Table 11 Mass Spectrometry Market: Product Footprint
Table 12 Mass Spectrometry Market: Application Footprint
Table 13 Mass Spectrometry Market: End-user Footprint
Table 14 Mass Spectrometry Market: Detailed List of Key Startups/SMEs
Table 15 Mass Spectrometry Market: Competitive Benchmarking of Key Startups/SMEs
Table 16 Mass Spectrometry Market: Product Launches and Approvals, January 2021-December 2024
Table 17 Mass Spectrometry Market: Deals, January 2021-December 2024
Table 18 Mass Spectrometry Market: Expansions, January 2021-December 2024
Table 19 Agilent Technologies, Inc.: Company Overview
Table 20 Agilent Technologies, Inc.: Products Offered
Table 21 Agilent Technologies, Inc.: Product Launches and Approvals, January 2021-December 2024
Table 22 Agilent Technologies, Inc.: Deals, January 2021-December 2024
Table 23 Agilent Technologies Inc.: Expansions, January 2021-December 2024
Table 24 Thermo Fisher Scientific Inc.: Company Overview
Table 25 Thermo Fisher Scientific Inc.: Products Offered
Table 26 Thermo Fisher Scientific Inc.: Product Launches and Approvals, January 2021-December 2024
Table 27 Thermo Fisher Scientific Inc.: Deals, January 2021-December 2024
Table 28 Thermo Fisher Scientific Inc.: Expansions, January 2021-December 2024
Table 29 Waters Corporation: Company Overview
Table 30 Waters Corporation: Products Offered
Table 31 Waters Corporation: Product Launches and Approvals, January 2021-December 2024
Table 32 Waters Corporation: Deals, January 2021-December 2024
Table 33 Waters Corporation: Expansions, January 2021-December 2024
Table 34 Danaher: Company Overview
Table 35 Danaher: Products Offered
Table 36 Danaher: Product Launches and Approvals, January 2021-December 2024
Table 37 Danaher: Deals, January 2021-December 2024
Table 38 Danaher: Expansions, January 2021-December 2024
Table 39 Bruker: Company Overview
Table 40 Bruker: Products Offered
Table 41 Bruker: Product Launches and Approvals, January 2021-December 2024
Table 42 Bruker: Deals, January 2021-December 2024
Table 43 Bruker: Expansions, January 2021-December 2024
Table 44 Shimadzu Corporation: Company Overview
Table 45 Shimadzu Corporation: Products Offered
Table 46 Shimadzu Corporation: Product Launches and Approvals, January 2021-December 2024
Table 47 Shimadzu Corporation: Deals, January 2021-December 2024
Table 48 Shimadzu Corporation: Expansions, January 2021-December 2024
Table 49 Mks Instruments: Company Overview
Table 50 Mks Instruments: Products Offered
Table 51 Perkinelmer: Company Overview
Table 52 Perkinelmer: Products Offered
Table 53 Perkinelmer: Product Launches and Approvals, January 2021-December 2024
Table 54 Perkinelmer: Deals, January 2021-December 2024
Table 55 Jeol Ltd.: Company Overview
Table 56 Jeol Ltd.: Products Offered
Table 57 Hitachi High-Tech Corporation: Company Overview
Table 58 Hitachi High-Tech Corporation: Products Offered
Table 59 Hitachi High-Tech Corporation: Other Developments, January 2021-December 2024
Table 60 Teledyne Technologies Incorporated: Company Overview
Table 61 Teledyne Technologies Incorporated: Products Offered
Table 62 Teledyne Technologies Incorporated: Deals, January 2021-December 2024
Table 63 Ametek.Inc.: Company Overview
Table 64 Ametek.Inc.: Products Offered
Table 65 Jasco Corporation: Company Overview
Table 66 Jasco Corporation: Products Offered
Table 67 F. Hoffmann-La Roche Ltd.: Company Overview
Table 68 F. Hoffmann-La Roche Ltd.: Products Offered
Table 69 F. Hoffmann-La Roche Ltd.: Product Launches and Approvals, January 2021-December 2024
Table 70 Analytik Jena GmbH+Co. KG: Company Overview
Table 71 Hiden Analytical: Company Overview
Table 72 Leco Corporation: Company Overview
Table 73 Rigaku Holdings Corporation: Company Overview
Table 74 Youngin Chromass: Company Overview
Table 75 Scion Instruments: Company Overview
Table 76 Kore Technology: Company Overview
Table 77 Process Insights, Inc.: Company Overview
Table 78 Masstech: Company Overview
Table 79 Advion, Inc.: Company Overview
Table 80 Spacetek Technology AG: Company Overview
Table 81 Elementar Analysensysteme GmbH: Company Overview
Table 82 Skyray Instruments USA, Inc.: Company Overview
Table 83 Microsaic: Company Overview
Table 84 Pfeiffer Vaccum+Fab Solutions: Company Overview
Table 85 Mass Spectrometry Market: Risk Analysis
List of Figures
Figure 1 Mass Spectrometry Market, by Product, 2024 vs. 2030 (USD Million)
Figure 2 Mass Spectrometry Market Share, by Inlet Type, 2024 vs. 2030 (USD Million)
Figure 3 Mass Spectrometry Market, by Application, 2024 vs. 2030 (USD Million)
Figure 4 Mass Spectrometry Market, by End-user, 2024 vs. 2030
Figure 5 Geographical Snapshot of Mass Spectrometry Market, 2024-2030
Figure 6 Mass Spectrometry Market: Drivers, Restraints, Opportunities, and Challenges
Figure 7 Trends/Disruptions Impacting Customer Business
Figure 8 Mass Spectrometry Market: Value Chain Analysis
Figure 9 Mass Spectrometry Market: Supply Chain Analysis
Figure 10 Mass Spectrometry Market: Ecosystem Analysis
Figure 11 Mass Spectrometry Market: Patent Analysis, January 2014-December 2024
Figure 12 Mass Spectrometry Market: Porter's Five Forces Analysis
Figure 13 Revenue Analysis of Top Five Players in Mass Spectrometry Market, 2019-2023
Figure 14 Market Share Analysis of Key Players in Mass Spectrometry Market, 2023
Figure 15 Ranking of Key Players in Mass Spectrometry Instruments Market, 2023
Figure 16 Ranking of Key Players in Mass Spectrometry Software Market, 2023
Figure 17 EV/EBITDA of Key Vendors, 2025
Figure 18 Year-To-Date (YTD) Price Total Return and 5-Year Stock Beta of Key Vendors, 2025
Figure 19 Mass Spectrometry Market: Brand/Product Comparison
Figure 20 Mass Spectrometry Market: Company Evaluation Matrix (Key Players), 2023
Figure 21 Mass Spectrometry Market: Company Footprint
Figure 22 Mass Spectrometry Market: Company Evaluation Matrix (Startups/SMEs), 2023
Figure 23 Agilent Technologies, Inc.: Company Snapshot (2023)
Figure 24 Thermo Fisher Scientific Inc.: Company Snapshot (2023)
Figure 25 Waters Corporation: Company Snapshot (2023)
Figure 26 Danaher: Company Snapshot (2023)
Figure 27 Bruker: Company Snapshot (2023)
Figure 28 Shimadzu Corporation: Company Snapshot (2023)
Figure 29 Mks Instruments: Company Snapshot (2023)
Figure 30 Perkinelmer: Company Snapshot (2023)
Figure 31 Jeol Ltd.: Company Snapshot (2023)
Figure 32 Hitachi High-Tech Corporation: Company Snapshot (2023)
Figure 33 Teledyne Technologies Incorporated: Company Snapshot (2023)
Figure 34 Ametek.Inc.: Company Snapshot (2023)
Figure 35 F. Hoffmann-La Roche Ltd.: Company Snapshot (2023)
Figure 36 Mass Spectrometry Market: Research Design

Companies Mentioned

The companies featured in this Mass Spectrometry market report include:
  • Agilent Technologies, Inc.
  • Thermo Fisher Scientific Inc.
  • Waters Corporation
  • Danaher
  • Bruker
  • Shimadzu Corporation
  • Mks Instruments
  • Perkinelmer
  • Jeol Ltd.
  • Hitachi High-Tech Corporation
  • Teledyne Technologies Incorporated
  • Ametek.Inc.
  • Jasco Corporation
  • F. Hoffmann-La Roche Ltd
  • Analytik Jena GmbH+Co. KG
  • Hiden Analytical
  • Leco Corporation
  • Rigaku Holdings Corporation
  • Youngin Chromass
  • Scion Instruments
  • Kore Technology
  • Process Insights, Inc.
  • Masstech
  • Advion, Inc.
  • Spacetek Technology AG
  • Elementar Analysensysteme GmbH
  • Skyray Instruments USA, Inc.
  • Microsaic
  • Pfeiffer Vacuum+Fab Solutions