The -201cGlobal Mass Spectrometry Market-201d report can be segmented based on instruments, technology, applications, end users, and geography. Based on instrument, the market can be segmented into ion source, mass analyzers, and detector systems. The mass analyzers segment based on the technology is further sub segmented into magnetic mass analyzers, quadrupole mass analyzers, time of flight (ToF) analyzers, and others. Based on technology, the global mass spectrometry market can be segmented into liquid chromatography-mass spectrometry (LC-MS), gas chromatography-mass spectrometry (GC-MS), inductively coupled plasma mass spectrometry (ICP-MS), quadrupole-time of flight liquid chromatography-mass spectrometry, ionization time of flight spectrometry, and others.
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In the recent years there has been an increase in application areas of mass spectrometry technique in life sciences industry including pharmaceutical, biotechnology, and other manufacturing areas. This increasing application areas is expected to drive the market growth in the years to come. In addition, growing demand for new & advanced instruments across the globe; rise in investments in R&D by major market players to develop advanced products; and growth in the number of contract research organizations (CROs) can be the other factors attributing to the growth of mass spectrometry market.
Based on application, the mass spectrometry market can be segmented into drug discovery & testing, clinical research, proteomics, forensic toxicology, and others. Based on end user, the market can be segmented into pharmaceutical & biotechnology companies, academic & research institutes, contract research organizations (CROs), and others. The pharmaceutical & biotechnology companies segment is expected to hold the largest share of the global mass spectrometry market, owing to increasing focus on pharmaceutical companies on R&D.
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The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis and various business strategies adopted by them. This report will help players in global mass spectrometry market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoover-2019s, company annual reports, investor presentations, and publications. The key players included in the global mass spectrometry market report are Thermo Fisher Scientific, Danaher Corporation, Bio-Rad Laboratories, Inc., Agilent Technologies, Waters Corporation, PerkinElmer, Analytik Jena, Rigaku Corporation, Bruker Corporation, and bioMerieux SA among others.
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