DUBLIN--(BUSINESS WIRE)--The "Mass Spectrometry Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global mass spectrometry market is expected to reach USD 5.27 billion in 2022 from USD 3.68 billion in 2017 at a CAGR of 7.4%. The key factors driving the growth of the overall mass spectrometry market include the rising food safety concerns, increase in investment on pharmaceutical research and development, government initiatives for pollution control and environmental testing and technological advancements in mass spectrometry. However, the high cost of mass spectrometry systems is likely to restrain the growth of the market during the forecast period.
Based on application, the mass spectrometry market is segmented into pharmaceutical applications, biotech applications, environmental testing, food and beverage testing, petrochemical applications, and other applications. During the forecast period, the pharmaceutical application is expected to grow at the highest CAGR. This growth is mainly due to the growing importance of mass spectrometry in various stages of drug development and increasing R&D in pharmaceutical industries.
North America is expected to register the highest CAGR in the global mass spectrometry market during the forecast period of 2017-2022. Factors such as growing biopharmacuetical and biotechnology research & development and availability of funding for innovation-based research coupled with the boost in the US shale oil and gas production are expected to drive market growth during the forecast period.
- Agilent Technologies
- Analytik Jena (A Subsidiary of Endress Hauser)
- Dani Instruments
- Hiden Analytical
- Sciex (A Subsidiary of Danaher)
- Shimadzu Corporation
- Thermo Fisher Scientific
- Waters Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Mass Spectrometry Market, By Platform
7 Mass Spectrometry Market, By Application
8 Mass Spectrometry Market, By Region
9 Competitive Landscape
10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/qh7qqh/mass_spectrometry