Mass Spectrometry Market Size, Analysis and Forecast Report to 2027

Mass Spectrometry offer increased sensitivity over other analytical systems, owing to reduced background intrusion and superior specificity from characteristic fragmentation patterns to which is used to detect unknown compounds. Mass Spectrometry also identifies existence of suspected compound and data regarding molecular weight.

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Market Drivers

Increase in technological advancements is the key driving factor which is expected to boost the global Mass Spectrometry market growth. For instance, in June 2020, Agilent Technologies had introduced its new Mass Spectrometry products to market such as Agilent 6470B Triple Quadrupole LC/MS (6470 LC/TQ) system, and the Agilent RapidFire 400 system. These products deliver faster detection of target compounds and reduced time to generate results. Furthermore, increase in research and development investments by pharmaceutical and biotechnological companies as well as government initiatives expected to propel the market growth during this forecast period.

Market Restraints

However, High cost of instrument is the major challenging factor which is expected to obstruct the global Mass Spectrometry market growth. Also, lack of skilled professionals expected to hinder the global Mass Spectrometry market.

Market Key Players

Various key players are discussed in this report such as Thermo Fischer Scientific, Sciex, Agilent Technologies, Waters Corporation, Shimadzu Corporation, Bruker, Perkinelmer, Jeol, Flir Systems, and Others

Market Taxonomy

By Technology

  • Hybrid Mass Spectrometry
  • Single Mass Spectrometry
  • Others

By Application

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

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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