Mass Spectrometry Market: By Platform, By Application and Region Forecast 2019-2030

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Mass Spectrometry Market Size, Share, Growth, Trends, and Global Industry Analysis: By Platform (Single Mass Spectrometry, Hybrid Mass Spectrometry, and Others), By Application (Pharmaceutical, Biotechnology, Petrochemical, Environmental, Food & Beverage Testing, and Others) and Region Forecast 2019-2030

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Mass Spectrometry Market size was valued at US$ 5.46 billion in 2023, growing at a CAGR of 6.2% from 2024-2030. The increasing concerns over food safety coupled with the development of advancements in technology are anticipated to drive the growth of the market. Furthermore, increasing investments in research & development coupled with the support of the government by tightening the rules and regulations towards food safety testing. Growing focus on the quality of food products, increasing initiatives by the government to control pollution, and environmental testing are expected to boost the growth of the market. The mass-to-charge ion ratio is measured using mass spectrometry, which is an analytical approach.

Furthermore, it is the most powerful analytical instrument used in the life sciences arena, and it is used to determine unknown components in a sample using electrons. Mass spectrometry is a technique that uses charged electrons to enter a sample and convert its contents into positive ions. Following that, these ions are bifurcated based on their molecular mass, allowing for the identification of unknown components. 

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Global Mass Spectrometry Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.2%

Largest Market

North America

Fastest Growing Market

Asia-Pacific

Mass Spectrometry Market Dynamics

Advancements in technology and innovations in mass spectrometry (MS) have developed analysis of the human proteome and intensely enhanced clinical assay throughput and accuracy. The USFDA has cleared and approved MS-based devices as diagnostic tests for identifying microbes from human cultures, screening newborns for metabolic problems, and measuring the concentrations of therapeutic drugs in blood. However, no device that is based on HPLC-MS-based for measuring proteins and peptides in IVDs has not yet cleared or approved by FDA for any use even not in clinical trials.

Global Mass Spectrometry Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 5.46 billion

Market CAGR

6.2%

By Platform

  • Single Mass Spectrometry
  • Hybrid Mass Spectrometry
  • Others

By Application

  • Pharmaceutical
  • Biotechnology
  • Petrochemical
  • Environmental
  • Food & Beverage Testing
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The mass spectrometry market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and startup's details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

The global mass spectrometry market size was valued at US$ 5.46 billion in 2023, growing at a CAGR of 6.2% from 2024-2030.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The key players of the market are SCIEX (US), Agilent Technologies (US), Thermo Fisher Scientific (US), Waters Corporation (US), Shimadzu Corporation (Japan), PerkinElmer (US), Bruker (US), Analytik Jena (Germany), JEOL (Japan), Rigaku (Japan), DANI Instruments (Italy), Hiden Analytical (UK), Extrel CMS (US)

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2.Global Mass Spectrometry Market Introduction 
2.1.Global Mass Spectrometry Market  - Taxonomy
2.2.Global Mass Spectrometry Market  - Definitions
2.2.1.Platform
2.2.2.Application
2.2.3.Region
3.Global Mass Spectrometry Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Mass Spectrometry Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Mass Spectrometry Market  By Platform, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Single Mass Spectrometry
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Hybrid Mass Spectrometry
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Others
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Mass Spectrometry Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Pharmaceutical
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Biotechnology
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Petrochemical
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Environmental
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Food & Beverage Testing
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Mass Spectrometry Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Mass Spectrometry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Platform Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Single Mass Spectrometry
8.1.2.Hybrid Mass Spectrometry
8.1.3.Others
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Pharmaceutical
8.2.2.Biotechnology
8.2.3.Petrochemical
8.2.4.Environmental
8.2.5.Food & Beverage Testing
8.2.6.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Mass Spectrometry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Platform Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Single Mass Spectrometry
9.1.2.Hybrid Mass Spectrometry
9.1.3.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Pharmaceutical
9.2.2.Biotechnology
9.2.3.Petrochemical
9.2.4.Environmental
9.2.5.Food & Beverage Testing
9.2.6.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Mass Spectrometry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Platform Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Single Mass Spectrometry
10.1.2.Hybrid Mass Spectrometry
10.1.3.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Pharmaceutical
10.2.2.Biotechnology
10.2.3.Petrochemical
10.2.4.Environmental
10.2.5.Food & Beverage Testing
10.2.6.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Mass Spectrometry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Platform Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Single Mass Spectrometry
11.1.2.Hybrid Mass Spectrometry
11.1.3.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Pharmaceutical
11.2.2.Biotechnology
11.2.3.Petrochemical
11.2.4.Environmental
11.2.5.Food & Beverage Testing
11.2.6.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Mass Spectrometry Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Platform Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Single Mass Spectrometry
12.1.2.Hybrid Mass Spectrometry
12.1.3.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Pharmaceutical
12.2.2.Biotechnology
12.2.3.Petrochemical
12.2.4.Environmental
12.2.5.Food & Beverage Testing
12.2.6.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.SCIEX (US)
13.2.2.Agilent Technologies (US)
13.2.3.Thermo Fisher Scientific (US)
13.2.4.Waters Corporation (US)
13.2.5.Shimadzu Corporation (Japan)
13.2.6.PerkinElmer (US)
13.2.7.Bruker (US)
13.2.8.Analytik Jena (Germany)
13.2.9.JEOL (Japan)
13.2.10.Rigaku (Japan)
13.2.11.DANI Instruments (Italy)
13.2.12.Hiden Analytical (UK)
13.2.13.Extrel CMS (US)
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • SCIEX (US)
  • Agilent Technologies (US)
  • Thermo Fisher Scientific (US)
  • Waters Corporation (US)
  • Shimadzu Corporation (Japan)
  • PerkinElmer (US)
  • Bruker (US)
  • Analytik Jena (Germany)
  • JEOL (Japan)
  • Rigaku (Japan)
  • DANI Instruments (Italy)
  • Hiden Analytical (UK)
  • Extrel CMS (US)

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