Mass Spectrometer Market Size Overview by Share, Growth Factor, Industry Trends, and Analysis to 2026

The Global Mass Spectrometer Market is likely to expand at a CAGR of 7.8% between 2019 and 2026. Fortune Business Insights in a report, titled “MASS SPECTROMETER: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026” predicts that the adoption of mass spectrometer equipment is likely to increase as this equipment can precisely measure the molecular weight of an analyst. The mass spectrometer instrument together with chromatography calculates the analytical mass of a particular molecule. The report predicts the Global Mass Spectrometer Market was valued at US$ 5,512.2 Mn in the year 2018 and is anticipated to reach US$ 10,044.7 Mn by 2026.

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Key Industry Developments

In June 2018, Thermo Scientific launched Orbitrap ID-X in collaboration with HighChem for characterization of small molecules.
In April 2019, Agilent launched 6546 quadrupole time-of-flight LC/MS system, a hybrid mass spectrometer to deliver high resolution analytical data.
In March 2019, JEOL USA announced the launch of GC-triple quadrupole mass spectrometer system to expand the company’s product line in mass spectrometer.
Mass Spectrometer to Offer High-Resolution Analytical Data Owing to Technological Advancements

“Increasing research and development (R&D) activities are likely to increase the dependency on accurate and high-resolution data experiments,” said a lead analyst at Fortune Business Insights. “Mass spectrometer detectors have the ability to offer precise results, which is why key players encourage customers to opt for this equipment,” he added. Another factor driving the market is the increasing number of concerns related to food safety. Owing to recent technological advancements in mass spectrometry, the demand from biotechnology and pharmaceutical industries is expected to increase. These advancements now offer better and high-resolution test results. The rising demand for tandem and hyphenated techniques, especially from biotechnology, food and beverages, and pharmaceutical industry is driving the market. The mass spectrometer miniaturization leads to the higher adoption of mass spectrometer equipment. All the above-mentioned factors are likely to be beneficial for the growth of the market.

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Joel Launches a Novel Mass Spectrometer System to Expand its Product Line

Shimadzu Corporation,
PerkinElmer Inc.,
Thermo Fisher Scientific Inc.,
AB Sciex,
Agilent Technology,
Advion, Inc.
are some of the leading players in the global mass spectrometer market. Of these, companies such as SCIEX, Shimadzu, Waters, and Agilent are leading the market owing to their well-recognized brand presence. In addition to this, a robust distribution networking channel is another factor behind the success of these four players. Several companies are involved in strategic decisions to expand their market share. One of them is associated with new product launches. Some of the product launches are mentioned below:

Agilent Technologies a mass hybrid mass spectrometer system in April 2019. The system called 6546 quadrupole time-of-flight LC/MS will offer accurate analytical data with high resolution.
Joel USA launches a quadrupole mass spectrometer system called GC-triple in March 2019. The aim of this product launch is to expand the company’s product line for mass spectrometers.
Thermo Scientific joined hands with HighChem in June 2018 to develop Orbitrap ID-X Tribrid Mass Spectrometer. This spectrometer analyses small molecules and gathers meaningful data.
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Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Technological Advancements
Key Industry Developments – Mergers, Acquisitions, and Partnerships, 2018
Introduction of new products / approvals (by major players)
Overview of Regulatory Scenario – Key Countries
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