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Mass Spectrometry Market by Technology (Hybrid Mass Spectrometry [Triple Quadrapole, Quadrapole TOF, and Fourier Transform Mass Spectrometry], Single Mass Spectrometry [Ion Trap, Quadrapole, and Time-of-Flight], and Other Mass Spectrometry) and Application (Pharmaceutical, Biotechnology, Industrial Chemistry, Environmental Testing, Food & Beverage Testing, and Other Applications) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 170
Aug 2017 | 1301 Views
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Author's : Tenzin Kunsel and Gaurav Phalke
Tables: 50
Charts: 53
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Mass Spectrometry Market Overview:

Global Mass Spectrometry Market was valued at $4,598 million in 2016, and is estimated to reach at $7,922 million by 2023, registering a CAGR of 8.0% from 2017 to 2023. Mass spectrometry is an analytical technique used to determine and identify quantities of a compound within a sample, and also traces of components at minute concentrations. It allows scientists and researchers to comprehensively catalogue sophisticated samples in a single analysis. In this process, initially the sample is ionized by loss of an electron. Then the ions are categorized and divided based on their charge and mass, which are measured by use of a computer.

Mass spectrometry provides increased sensitivity over other analytical systems, owing to reduced background intrusion and superior specificity from characteristic fragmentation patterns to detect unknown compounds. In addition, it can also identify existence of suspected compound and data regarding molecular weight of the compound in the mixture, and provides data about isotopic abundance of elements and chemical data determined for a short term.

Global Mass Spectrometry Market Segmentation

GLOBAL MASS SPECTROMETRY MARKET SEGMENTATION

The mass spectrometry market is segmented based on technology, application, and geography. Based on technology, it is divided into hybrid mass spectrometry, single mass spectrometry, and other mass spectrometry. Hybrid mass spectrometry is further categorized into triple quadrapole, quadrapole TOF, and Fourier transform mass spectrometry (FTMS). Single mass spectrometry is further segmented into ion trap, quadrapole, and time-of-flight (TOF). The application segment includes pharmaceutical, biotechnology, industrial chemistry, environmental testing, food & beverage testing, and other applications. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market is expected to witness moderate growth during the forecast period, owing to technological advancement in mass spectrometry and increase in private funding and government grants for R&D in mass spectrometry. Stringent guidelines for food products have been set in food & beverage industry by regulating authorities, such as the Food and Drug Administration. Furthermore, advantages of mass spectrometry over other analytical technique are expected to fuel the market growth.

Key Geographical Segment

North America accounted for the highest share in the mass spectrometry market in 2016, and is expected to maintain its dominance throughout the forecast period.

Mass Spectrometry Market, by Geography, 2016 (%)

Mass Spectrometry Market, By Geography, 2016 (%)

The report provides extensive competitive analysis and profiles of key market players, such as Agilent Technologies, Inc., Danaher Corporation, Waters Corporation, Bruker Corporation, Thermo Fisher Scientific, Inc., Perkinelmer, Inc., Shimadzu Corporation., Kore Technologies, Ltd., Dani Instruments S.P.A., and Leco Corporation.

The other players in the value chain include Rigaku, Bio-Rad Laboratories, Jeol Ltd, Alpha Omega, AMETEK Process Instruments, Evans Analytical Group LLC, Extrel CMS, FLIR Systems, Hitachi High-Technologies, and Ion Science.

Key Benefits:

  • This report provides a detailed quantitative analysis of the current market trends from 2016 to 2023 to identify the prevailing opportunities.
  • Market estimations are based on comprehensive analysis of the key developments in the industry.
  • In-depth analysis based on geography assists to understand the regional market and the strategic business planning.
  • The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.

Mass Spectrometry Market Key Segments:

By Technology

  • Hybrid Mass Spectrometry
    • Triple Quadrupole (Tandem)
    • Quadrupole TOF (Q-TOF)
    • FTMS (Fourier Transform Mass Spectrometry)
      • FT-ICR MS
      • Orbitrap
  • Single Mass Spectrometry
    • ION Trap
    • Quadrupole
    • Time-of-Flight (TOF)
  • Other Mass Spectrometry

By Application

  • Pharmaceutical
  • Biotechnology
  • Industrial Chemistry
  • Environmental Testing
  • Food & Beverage Testing
  • Other Applications

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Australia
    • India
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Turkey
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. TOP PLAYER POSITIONING
3.4. PATENTS ANALYSIS

3.4.1. Patent analysis by year
3.4.2. Patent analysis by region

3.5. PORTER’S FIVE FORCES ANALYSIS
3.6. MARKET DYNAMICS

3.6.1. Drivers
3.6.2. Restraints
3.6.3. Opportunities

Chapter: 4 GLOBAL MASS SPECTROMETRY MARKET, BY TECHNOLOGY

4.1. OVERVIEW

4.1.1. Market size & forecast

4.2. HYBRID MASS SPECTROMETRY

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size & forecast
4.2.4. Triple Quadruple (Tandem)

4.2.4.1. Market size and forecast

4.2.5. Quadruple TOF (Q-TOF)

4.2.5.1. Market size and forecast

4.2.6. FTMS(Fourier Transform Mass Spectrometry)

4.2.6.1. Market size and forecast

4.3. SINGLE MASS SPECTROMETRY

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size & forecast
4.3.4. ION Trap

4.3.4.1. Market size and forecast

4.3.5. Quadruple

4.3.5.1. Market size and forecast

4.3.6. Time-of-Flight (TOF)

4.3.6.1. Market size and forecast

4.4. OTHER MASS SPECTROMETRY

4.4.1. Key market trends
4.4.2. Growth factors and opportunities
4.4.3. Market size & forecast

Chapter: 5 GLOBAL MASS SPECTROMETRY MARKET, BY APPLICATIONS

5.1. OVERVIEW

5.1.1. Market size & forecast

5.2. PHARMACEUTICAL

5.2.1. Market size & forecast

5.3. BIOTECHNOLOGY

5.3.1. Market size & forecast

5.4. INDUSTRIAL CHEMISTRY

5.4.1. Market size & forecast

5.5. ENCIRONMENTAL TESTING

5.5.1. Market size & forecast

5.6. FOOD & BEVERAGE TESTING

5.6.1. Market size & forecast

5.7. OTHER APPLICATIONS

5.7.1. Market size & forecast

Chapter: 6 GLOBAL MASS SPECTROMETRY MARKET, BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size & forecast

6.2.3.1. U.S. market size and forecast
6.2.3.2. Canada market size and forecast
6.2.3.3. Mexico market size and forecast

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size & forecast

6.3.3.1. Germany market size and forecast
6.3.3.2. France market size and forecast
6.3.3.3. UK market size and forecast
6.3.3.4. Italy market size and forecast
6.3.3.5. Spain market size and forecast
6.3.3.6. Rest of Europe market size and forecast

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size & forecast

6.4.3.1. Japan market size and forecast
6.4.3.2. China market size and forecast
6.4.3.3. Australia market size and forecast
6.4.3.4. India market size and forecast
6.4.3.5. South Korea market size and forecast
6.4.3.6. Taiwan market size and forecast
6.4.3.7. Rest of Asia-Pacific market size and forecast

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size & forecast

6.5.3.1. Brazil market size and forecast
6.5.3.2. Turkey market size and forecast
6.5.3.3. Saudi Arabia market size and forecast
6.5.3.4. Rest of LAMEA market size and forecast

Chapter: 7 COMPANY PROFILES

7.1. AGILENT TECHNOLOGIES, INC

7.1.1. Operating business segments
7.1.2. Business performance
7.1.3. Key strategic moves and developments

7.2. THERMO FISHER SCIENTIFIC, INC

7.2.1. Operating business segments
7.2.2. Business performance
7.2.3. Key strategic moves and developments

7.3. DANAHER CORPORATION

7.3.1. Operating business segments
7.3.2. Business performance
7.3.3. Key strategic moves and developments

7.4. WATERS CORPORATION

7.4.1. Operating business segments
7.4.2. Business performance
7.4.3. Key strategic moves and developments

7.5. BRUKER CORPORATION

7.5.1. Operating business segments
7.5.2. Business performance
7.5.3. Key strategic moves and developments

7.6. PERKINELMER, INC.,

7.6.1. Operating business segments
7.6.2. Business performance
7.6.3. Key strategic moves and developments

7.7. SHIMADZU CORPORATION

7.7.1. Operating business segments
7.7.2. Business performance
7.7.3. Key strategic moves and developments

7.8. KORE TECHNOLOGIES, LTD

7.8.1. Operating business segments
7.8.2. Business performance
7.8.3. Key strategic moves and developments

7.9. DANI INSTRUMENTS S.P.A.,

7.9.1. Operating business segments
7.9.2. Business performance
7.9.3. Key strategic moves and developments

7.10. LECO CORPORATION

7.10.1. Operating business segments
7.10.2. Business performance
7.10.3. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL MASS SPECTROMETRY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 2. HYBRID MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 3. HYBRID MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 4. TRIPLE QUADRUPLE (TANDEM) MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 5. QUADRUPLE TOF( Q-TOF) MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 6. FTMS MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 7. SINGLE MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 8. SINGLE MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 9. ION TRAP MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 10. QUADRUPLE MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 11. TIME OF FLIGHT (TOF) MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 12. OTHER MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 13. GLOBAL MASS SPECTROMETRY MARKET, BY APPLICATIONS, 2016-2023 ($MILLION)
TABLE 14. PHARMACEUTICAL MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 15. BIOTECHNOLOGY MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 16. INDUSTRIAL CHEMISTRY MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 17. ENVIRONMENTAL TESTING MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 18. FOOD & BEVERAGE TESTING MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 19. OTHER APPLICATIONS MASS SPECTROMETRY MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 21. NORTH AMERICA MASS SPECTROMETRY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. NORTH AMERICA MASS SPECTROMETRY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 23. NORTH AMERICA HYBRID MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA SINGLE MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 25. NORTH AMERICA MASS SPECTROMETRY MARKET, BY APPLICATIONS, 2016-2023 ($MILLION)
TABLE 26. EUROPE MASS SPECTROMETRY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 27. EUROPE MASS SPECTROMETRY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 28. EUROPE HYBRID MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 29. EUROPE SINGLE MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 30. EUROPE MASS SPECTROMETRY MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 31. ASIA-PACIFIC MASS SPECTROMETRY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC MASS SPECTROMETRY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC HYBRID MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC SINGLE MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC MASS SPECTROMETRY MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 36. LAMEA MASS SPECTROMETRY MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 37. LAMEA MASS SPECTROMETRY MARKET, BY TECHNOLOGY, 2016-2023 ($MILLION)
TABLE 38. LAMEA HYBRID MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 39. LAMEA SINGLE MASS SPECTROMETRY MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 40. LAMEA MASS SPECTROMETRY MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 41. AGILENT TECHNOLOGIES, INC: COMPANY SNAPSHOT
TABLE 42. THERMO FISHER SCIENTIFIC, INC: COMPANY SNAPSHOT
TABLE 43. DANAHER CORPORATION: COMPANY SNAPSHOT
TABLE 44. WATERS CORPORATION: COMPANY SNAPSHOT
TABLE 45. BRUKER CORPORATION: COMPANY SNAPSHOT
TABLE 46. PERKINELMER, INC.: COMPANY SNAPSHOT
TABLE 47. SHIMADZU CORPORATION: COMPANY SNAPSHOT
TABLE 48. NAG: COMPANY SNAPSHOT
TABLE 49. DANI INSTRUMENTS S.P.A., : COMPANY SNAPSHOT
TABLE 50. LECO CORPORATION: COMPANY SNAPSHOT

LIST OF FIGURES

FIGURE 1. MASS SPECTROMETRY MARKET: MARKET SEGMENATION
FIGURE 2. TOP INVESTMENT POCKETS: GLOBAL DNA SEQUENCING MARKET, BY APPLICATION
FIGURE 3. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 4. TOP WINNING STRATEGIES: NATURE AND COMPANY
FIGURE 5. TOP PLAYER POSITIONING: GLOBAL MASS SPECTROMETRY MARKET
FIGURE 6. PATENT ANALYSIS BY REGION
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. BARGAINING POWER OF SUPPLIERS
FIGURE 9. THREAT OF NEW ENTRANTS
FIGURE 10. THREAT OF SUBSTITUTION
FIGURE 11. COMPETITIVE RIVALRY
FIGURE 12. MASS SPECTROMETRY MARKET: TECHNOLOGY SEGMENATION
FIGURE 13. MASS SPECTROMETRY MARKET: APPLICATIONS SEGMENATION
FIGURE 14. U.S. MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 15. CANADA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 16. MEXICO MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 17. GERMANY MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 18. FRANCE MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 19. UK MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 20. ITALY MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 21. SPAIN MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 22. REST OF EUROPE MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 23. JAPAN MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 24. CHINA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 25. AUSTRALIA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 26. INDIA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 27. SOUTH KOREA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 28. TAIWAN MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 29. REST OF ASIA-PACIFIC MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 30. BRAZIL MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 31. TURKEY MASS SPECTROMETRY MARKET, 2016-20223 ($MILLION)
FIGURE 32. SAUDI ARABIA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 33. REST OF LAMEA MASS SPECTROMETRY MARKET, 2016-2023 ($MILLION)
FIGURE 34. AGILENT TECHNOLOGIES, INC: NET SALES, 2014-2017 ($MILLION)
FIGURE 35. AGILENT TECHNOLOGIES, INC: REVENUE BY SEGMENT, 2015 (%)
FIGURE 36. THERMO FISHER SCIENTIFIC, INC: NET SALES, 2014-2017 ($MILLION)
FIGURE 37. THERMO FISHER SCIENTIFIC, INC: REVENUE BY SEGMENT, 2015 (%)
FIGURE 38. THERMO FISHER SCIENTIFIC, INC: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 39. DANAHER CORPORATION: NET SALES, 2014-2017 ($MILLION)
FIGURE 40. DANAHER CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 41. DANAHER CORPORATION.: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 42. WATERS CORPORATION: NET SALES, 2014-2017 ($MILLION)
FIGURE 43. WATERS CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 44. WATERS CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 45. BRUKER CORPORATION: NET SALES, 2014-2017 ($MILLION)
FIGURE 46. BRUKER CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 47. BRUKER CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 48. PERKINELMER, INC: NET SALES, 2014-2017 ($MILLION)
FIGURE 49. PERKINELMER, INC: REVENUE BY SEGMENT, 2015 (%)
FIGURE 50. PERKINELMER, INC: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 51. SHIMADZU CORPORATION: NET SALES, 2014-2017 ($MILLION)
FIGURE 52. SHIMADZU CORPORATION: REVENUE BY SEGMENT, 2015 (%)
FIGURE 53. SHIMADZU CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)

 

Mass spectrometry is a dominant analytical tool utilized in various disciplines such as chemistry, physics, biology, and medicine. Recent technological advancements and resourcefulness of mass spectrometry techniques have compelled researchers to adopt mass spectrometers over other conventional analytical tools. Mass spectrometry offers variety of advantages over market-established analytical techniques such as immunoassay tests, reduced cost, improved specificity, and generation of instant large amount of sensitive data. Moreover, molecular weight of large samples, such as biomolecules, can be measured to a 0.01% accuracy of whole sample, which enables researchers to detect minor changes in mass. In addition, molecular weight of small organic molecules can be quantified within 5 ppm accuracy, which further assists researchers to determine molecular formula of the compound.

Currently, development of affordable, compact, and reliable spectrometry systems has led to extensive number of applications of this technique in various sectors. Strict guidelines set by USFDA and other regulating authorities in food & beverage industries encourage use of mass spectrometers for analysis of food & beverages. Increase in demand for quality medicines and better healthcare products is also expected to propel the mass spectrometry market. Use of performance enhancement drugs in sports, and increased use of analytical techniques in criminal investigation departments and analysis of oil composition in petroleum companies provide novel opportunities for growth. Furthermore, human impact on environment and levels of contamination of natural resources can be calculated precisely with the help of mass spectrometry techniques.

North America is expected to account for highest market share, owing to established mass spectrometry laboratories and research centers in the region, followed by Europe, Asia-Pacific, and LAMEA. Rapid development in mass spectrometers and cost-effectiveness of the test are expected to boost the growth of the market in other regions. Increased government grants and initiatives, and expansion of private pharmaceutical organization are expected to influence market growth in Asia-Pacific.

 

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