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Mass Spectrometry Market | Global Market Growth, Size, Drivers Analysis

· Biotechnology,Healthcare,Pharmaceuticals

Key players in the mass spectrometry market Agilent Technologies (US), Thermo Fisher Scientific (US), Waters Corporation (US), SCIEX (a subsidiary of Danaher) (US), Bruker (US), PerkinElmer (US), JEOL (Japan), Analytik Jena (Germany), Hiden Analytical (UK), Rigaku (Japan), LECO (US), and DANI Instruments (Italy). These players are increasingly undertaking product launches, partnerships, collaborations, and acquisitions to sustain their market shares in the mass spectrometry market.

Mass spectrometry is an analytical technique used to measure known materials, to identify unknown compounds within a sample, and to evaluate the structure and chemical properties of different molecules. The technique ionizes chemical species and sorts the ions, based on their mass-to-charge ratio. Because of the high sensitivity of these techniques, mass spectroscopy has become a powerful analytical tool for testing in various industries.

Sciex under Danaher Corporation (US) dominated the mass spectrometry market in 2016. The company provides a wide range of mass spectrometry technologies, accessories, and software in the mass spectrometry market. These products find application in a range of industries including pharmaceuticals, environmental agencies, food & beverage, petroleum industry, and research laboratories.

Agilent Technologies (US) held the second position in the mass spectrometry market in 2016. It is a leading player in all developed regions including the US, Europe, and Asia. The company offers a wide range of mass spectrometry products, and also provides technical support. The prime strength of the company is innovation, which has helped it to sustain its brand equity.

Factors such as technological advancements in mass spectrometry, government initiatives for pollution control and environmental testing, increasing spending on pharmaceutical R&D across the globe, growing petrochemical industry, and growing focus on ensuring the quality of food products are expected to drive the growth of this market.

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