About Mass-Spectrometry
Mass Spectrometry measures the mass which is required to charge the ions. It is an essential field for analyzing the biomolecules. It identifies the known compounds within the sample and makes clear the structure as well as chemical properties of the molecules. The process of mass spectrometry involves conversion of sample into the gaseous ions which is characterized by mass to charge ratio. It depends on the chemical reactions in which involve the consumption of sample molecules while formation of natural and ionic species takes place. The process involves three major components that are Ion source, Analyzer and detector system. Moreover, mass spectrometry has wide range of applications such as Pharmaceuticals, biotech, petrochemical, food and beverage and other applications which are fueling the market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 7.3% |
The market of Mass Spectrometry market is fragmented as it consists of major as well as emerging players. They are looking for new product launches or expansions to gain a competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mass-Spectrometry market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SCIEX (United States), Agilent Technologies (United States), Advion (United States), Analytik Jena (Germany), Alpha Omega Technologies Inc. (United States), Thermo Fisher Scientific (United States), Bruker (United States), DANI Instruments (Italy), Comstock Inc. (United States) and Evens Analytical Group (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Waters Corporation (United States), Shimadzu Corporation (Japan), PerkinElmer (United States), JEOL (Japan), Rigaku (Japan), LECO (United States), Hiden Analytical (United Kingdom), Kore Technology (United Kingdom), Extrel CMS (United States) and MassTech (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mass-Spectrometry market by , Application (Application, Pharmaceutical Applications, Biotech Applications, Petrochemical Applications, Environmental Testing, Food & Beverage Testing and Other Applications) and Region.
On the basis of geography, the market of Mass-Spectrometry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Biomolecules type, the sub-segment i.e. Glycans will boost the Mass-Spectrometry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Single Mass Spectrometry (Quadrupole, Time-Of-Flight (TOF), ION Trap) will boost the Mass-Spectrometry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Instrument Components type, the sub-segment i.e. Ion Source will boost the Mass-Spectrometry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Mass Spectrometers
Market Growth Drivers:
Initiatives by Government for Environmental Testing and Increasing Focus on Food Product Quality is Leading to Implement this Process
Challenges:
Stiff Competition among the Major Players and Lack of Availability of Skilled Professionals
Restraints:
Unable To Distinguish Between Isomers and Compounds Having Same Charge to Mass Ratio
Opportunities:
Increasing Production of Crude and Shale Gas Production and Increasing Research and Development Activities
Market Leaders and their expansionary development strategies
In February 2022, Agilent Technologies acquired advanced artificial intelligence (AI) technology developed by Virtual Control, an AI and machine learning software developer that creates innovative analysis solutions in lab testing. With the acquisition, Agilent obtained the software and other assets associated with ACIES. As part of the transaction, core members of the ACIES team also became Agilent employees.
In June 2022, Agilent Technologies launch new LC/MS and GC/MS quadrupole mass spectrometers. The systems are designed to make the lives of our customers easier. The Agilent 6475 triple quadrupole LC/MS system, 5977C GC/MSD, plus the 7000E GC/TQ and the 7010C GC/TQ represent the latest revolution in Agilent’s 50-plus year history in mass spectrometry. The new LC/TQ and GC/TQ products offer built-in instrument intelligence to simplify lab operations. The new GC/SQ and GC/TQ products with the HydroInert source help customers overcome key performance challenges with Hydrogen carrier gas.
In Mass Spectrometry, The chromatographic peak(s) should exceed a signal-to-noise (s/n) threshold The technique used for estimating s/n should be described, and an acceptability range for retention time matching should be specified in the SOP. The acceptability range should not exceed 2% for GC/MS or 5% for LC/MS, relative to the retention time of the standard.
Key Target Audience
Manufacturers, Government associations, Research organizations, Enterprise software vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.