Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Mass Spectrometer Market Worth US$9.99 Billion by 2024: Rising Demand for High Quality Analysis Tools in Asia Pacific Key to Growth, Says TMR


News provided by

Transparency Market Research

28 Mar, 2017, 11:30 GMT

Share this article

Share toX

Share this article

Share toX

ALBANY, New York, March 28, 2017 /PRNewswire/ --

The global market for mass spectrometer features a largely consolidated vendor landscape, with the top three companies, namely Shimadzu Corporation, Thermo Fisher Scientific, Inc., and Agilent Technologies accounting for a significant 49% of the overall market in 2015, observes Transparency Market Research in a recent report. The vendor landscape is intensely competitive and has few players, most of them holding large share in the overall market. These factors have restricted the entry of new players in the market to a large extent and the situation is projected to remain the same in the near future as well.

Transparency Market Research states that the market will exhibit a promising 8.1% CAGR over the period between 2016 and 2024, rising from a valuation of US$5.35 bn at the end of 2016 to US$9.99 bn by 2024.

Browse Market Research Report @ http://www.transparencymarketresearch.com/mass-spectrometer-market.html

Thriving Biotechnology Industry to Help North America and Europe Markets Retain Dominance 

Of the key product varieties, including gas chromatography-mass spectrometer (GC-MS), liquid chromatography-mass spectrometer (LC-MS), matrix associated laser desorption/ionization-time of flight (MALDI-TOF), and inductively coupled plasma-mass spectrometer (ICP-MS), the segment of MALDI-TOF presently dominates. The segment accounted for a massive 30% of the overall market in 2015 and is expected to retain dominance in the next few years as well. The higher preference to MALDI-TOF spectrometers over other varieties can be attributed to the faster rate of analysis and simple nature of sample preparation achieved with them.

From a geographical perspective, the market for mass spectrometers in North America is expected to account for a dominant share in the global market, chiefly owing to the thriving biotechnology industry. The Europe market closely follows, acquiring a significant share of the global market owing to the established pharmaceutical industry and a flourishing biotechnology industry. In the near future, the Asia Pacific market is expected to emerge as a promising market for mass spectrometers owing to the rising demand for high quality analysis tools.

Fill the form for an exclusive sample of this report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18917

Technological Advancements Mass Spectrometry Key to Market Growth

The development of advanced mass spectrometry devices such as matrix-associated laser desorption ionization imaging mass spectrometry (MALDI-IMS) and high-resolution accurate mass system is one of the key factors expanding the scope of growth opportunities in the global mass spectrometer market. MALDI-IMS systems allow the more accurate and quicker examination of tissues for diagnostic purposes, reducing the overall time required for the overall analysis of diagnostic samples. High-resolution accurate mass system are capable of detecting as well as delivering an accurate and high resolution full product ion spectrum of samples.

The market is also driven due to the rising adoption of advanced mass spectrometers across a large array of applications in industries such as life sciences, pharmaceuticals, and a number of other clinical analytical activities. From a competitive perspective, the rise in the number of mergers, acquisitions, and collaborations in the market in the past few years has also benefitted the market by allowing a significant rise in the rate of development of innovative and advanced technologies.

High Costs Limiting Rate of Production of New Product Varieties

The vast funds required to undertake research and development activities in the field of mass spectrometry are limiting development efforts in the market to a certain extent. The high costs have not only restricted the entry of new and small companies in the market but have also deterred leading players from undertaking large-scale research and development activities. High product costs also limit the growth of the market to mostly developed economies; price-conscious consumers in regions with significant growth opportunities, such as Asia Pacific, prefer to buy refurbished mass spectrometry equipment.

This review of the global mass spectrometry market is based on a recent market research report by Transparency Market Research, titled "Mass Spectrometer Market (Product - GC-MS, LC-MS, MALDI-TOF, and ICP-MS; Application - Pharmaceutical, Biotechnology, Industrial Chemistry, Environmental Testing, and Food and Beverages) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024."

This review of the global mass spectrometry market is based on a recent market research report by Transparency Market Research, titled "Mass Spectrometer Market (Product - GC-MS, LC-MS, MALDI-TOF, and ICP-MS; Application - Pharmaceutical, Biotechnology, Industrial Chemistry, Environmental Testing, and Food and Beverages) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024."

For the study, the market has been segmented as follows:

Mass Spectrometer Market, by Product Type 

  • GC-MS (Gas chromatography-mass spectrometer)
  • LC-MS (Liquid chromatography-mass spectrometer)
  • MALDI-TOF (Matrix associated laser desorption/ionization-time of flight)
  • ICP-MS (Inductively coupled plasma-mass spectrometer)
  • Others

Mass Spectrometer Market, by Application 

  • Pharmaceutical Industry
  • Biotechnology Industry
  • Industrial Chemistry
  • Environmental Testing
  • Food & Beverage Industry
  • Others

Mass Spectrometer Market, by Geography 

  • North America
    • U.S.
    • Canada
  • Europe
    • Russia
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Europe
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

Browse Related Research Report: 

Atomic Spectroscopy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
http://www.transparencymarketresearch.com/atomic-spectroscopy-market.html

Spectrometry Market (Technologies - Atomic spectrometry, Molecular spectrometry, Mass spectrometry, Applications - Pharmaceuticals, Biotechnology, Industrial Chemistry, Environmental Testing, Food & Beverage Testing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
http://www.transparencymarketresearch.com/spectrometry-market.html

About Us: 

Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.


Contact Us:

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

Blog: http://www.tmrblog.com/

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Computer & Electronics

Computer & Electronics

Medical Equipment

Medical Equipment

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.