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Mass Spectrometry Market Globally By 2022: Industry Key Players

The mass spectrometry market size is expected to grow from an estimated USD 4.1 billion in 2020 to USD 5.6 billion by 2025, at a CAGR of 6.5% during the forecast period. Increasing spending on pharmaceutical R&D across the globe, government regulations on drug safety, growing focus on the quality of food products, increase in crude and shale gas production, and growing government initiatives for pollution control and environmental testing are high growth prospects for the mass spectrometry market during the forecast period.

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Mass Spectrometry Market Globally By 2022: Industry Key Players

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  1. MarketsandMarkets Presents Mass Spectrometry Market worth $5.6 billion by 2025 https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

  2. Mass Spectrometry Market by Technology [Hybrid (Triple Quadrupole, QTOF, FTMS), Single (Quadrupole, TOF, Ion Trap), Others], Application (Life Science Research, Clinical Diagnostics), Enduser (Pharma-Biotech, Environmental, F&B) - Global Forecasts to 2025 The mass spectrometry market size is expected to grow from an estimated USD 4.1 billion in 2020 to USD 5.6 billion by 2025, at a CAGR of 6.5%. Increasing spending on pharmaceutical R&D across the globe, government regulations on drug safety, growing focus on the quality of food products, increase in crude and shale gas production, and growing government initiatives for pollution control and environmental testing are high growth prospects for the mass spectrometry market during the forecast period. The major strategies adopted by these players include new product launches, collaborations & agreements, mergers, investments & expansions. New product launches was the most commonly adopted strategy from July 2018 to June 2020. Download a PDF Brochure: https://www.marketsandmarkets.com/pdfdownload

  3. Objectives of the Study: • To define, describe, and forecast the mass spectrometry market based on technology, application, end user, and region • To provide detailed information regarding the major factors influencing the growth of the market (such as drivers, restraints, opportunities, and challenges) • To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall mass spectrometry market • To analyze the opportunities for stakeholders and provide details of the competitive landscape for market leaders • To forecast the revenue of the market segments with respect to five major regions and their countries—North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa • To strategically profile the key global players and comprehensively analyze their market shares and core competencies • To track and analyze competitive developments such as product launches, upgrades, and approvals; partnerships, agreements, and collaborations; acquisitions; and expansions in the mass spectrometry market • To benchmark players within the market using the proprietary Competitive Leadership Mapping framework, which analyzes players on various parameters within the broad categories of business and product excellence strategy • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst

  4. This research report categorizes the mass spectrometry market based on technology, application, end user, and region • Based on the Technology: • Hybrid Mass Spectrometry • Single Mass Spectrometry • Other Technologies • Based on Application: • Life Science Research • Drug Discovery • Environmental Testing • Food Testing • Applied Industries • Clinical Diagnostics • Others • Based on End Users: • Pharmaceutical Industry • Biotechnology Industry • Research & Academic Institutes • Environmental Testing Industry • Food & Beverage Testing Industry • Petrochemical Industry • Other End Users

  5. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the mass spectrometry market. The major players in the mass spectrometry Market are Thermo Fisher Scientific (US), SCIEX (US) Agilent Technologies (US), Waters Corporation (US), PerkinElmer (US), Shimadzu Corporation (Japan), Bruker (US), Analytik Jena (Germany), JEOL (Japan), Rigaku (Japan), DANI Instruments (Italy), LECO (US), and Hiden Analytical (UK).

  6. Company Insights In 2019, SCIEX, a US-based scientific instrumentation provider, was the second-largest player in the mass spectrometry market. It develops and produces scientific instrumentation, software, and services for the life sciences, clinical research, and industrial markets. The company provides an elaborate portfolio of liquid chromatography-mass spectrometry instruments & accessories for the life science, clinical research, and industrial markets. The company provides products mainly targeted at environmental testing, especially water analysis. It has focused on organic & inorganic growth strategies, including product launches, collaborations, and partnerships. Agilent Technologies is a global leader in the life sciences, diagnostics, and applied chemical markets, providing application-focused solutions that include instruments, software, services, and consumables for the entire laboratory workflow. The company operates through three business segments—Life Sciences & Applied Markets, Diagnostics & Genomics, and Agilent CrossLab. The Life Sciences & Applied Markets business segment offers liquid chromatography/mass spectrometry (LC/MS), gas chromatography/mass spectrometry (GC/MS), and inductively coupled plasma mass spectrometry instruments (ICP-MS) in the mass spectrometry market. The company has its presence in more than 110 countries and sales offices, logistics centers, and business facilities in Europe, the Americas, and the Asia Pacific. Its principal competitors in the life sciences and applied markets arena include Danaher Corporation, PerkinElmer Inc., Shimadzu Corporation, Thermo Fisher Scientific, and Waters Corporation.

  7. Contact Us Contact:Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 sales@marketsandmarkets.com Press release: https://www.marketsandmarkets.com/PressReleases/mass-spectrometry-market.asp Research insights: https://www.marketsandmarkets.com/ResearchInsight/mass-spectrometry-market.asp

  8. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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