The global mass spectrometry market size reached USD 4.36 Billion in 2021 and is expected to register a revenue CAGR of 6.1% during the forecast period, according to latest analysis by Emergen Research. Increased spending by pharmaceutical companies on research & development activities is a major factor driving market revenue growth. These research activities are also facilitating developments and drawing in investments in biopharmaceutical and personalized medicine. Pharmaceutical and biotechnology sectors account for 18.9% of total global research & development expenditure, according to the 2018 European (EU) Industrial Research & Development Investment Scoreboard. Mass spectrometry is used extensively in the pharmaceutical industry, ranging from drug discovery to late-stage development and clinical trials. As a result, increasing funding in pharmaceutical and biotechnology industries is expected to continue to support revenue growth of the market over the forecast period.
The market intelligence report offers a panoramic view of the global Mass Spectrometry industry, with a special focus on the regional bifurcation and competitive landscape. Crucial information pertinent to the latest industrial growth trends, technological advancements, product offerings, production capacity, demand and supply ratio, and estimated growth rate have been included in this report. The research methodologies offered in the report are intended to help readers gain a competitive edge in the market. Additionally, the report undertakes the SWOT Analysis and Porter’s Five Forces Analysis to assess the market standing of the leading companies operating in this sector.
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Key Players operating in the industry are:
Thermo Fisher Scientific, Sciex, Agilent Technologies, Waters Corporation, Shimadzu Corporation, Bruker, Jeol Ltd., Teledyne FLIR LLC, MKS Instruments, Analytik Jena GmbH, Applied Rigaku Technologies, Inc., and Kore Technology
Radical Features of the Mass Spectrometry Market Report:
The report encompasses Mass Spectrometry market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Mass Spectrometry industry
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Segmentation:
Technology Outlook (Revenue, USD Billion; 2019-2030)
Hybrid Mass Spectrometry
Single Mass Spectrometry
Others
Application Outlook (Revenue, USD Billion; 2019-2030)
Life Science Research
Drug Discovery
Environmental Testing
Food Testing
Clinical Diagnostics
Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
Pharmaceutical Industry
Biotechnology Industry
Research & Academic Institutes
Food & Beverages Industry
Others
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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