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Mass Spectrometry Market by Application (Pharmaceuticals, Biotechnology, Environmental testing)

The global mass spectrometry market is projected to be valued at USD 3.44 Billion in 2016 and is expected to grow at a CAGR of 7.4% to reach USD 5.27 Billion by 2022.

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Mass Spectrometry Market by Application (Pharmaceuticals, Biotechnology, Environmental testing)

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  1. MarketsandMarkets Presents Mass Spectrometry Market worth 5.27 Billion USD by 2022 https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

  2. The report "Mass Spectrometry Market by Platform (Hybrid mass spectrometry (Triple Quadrupole, QTOF & FTMS), Single mass spectrometry (Quadrupole, TOF & Ion Trap)), Application (Pharmaceuticals, Biotechnology, Environmental testing) - Global Forecast to 2022", The key factors which include the growth of the pharmaceutical and biotechnology industry and technological advancements in mass spectrometry are driving the growth of the global mass spectrometry market during the forecast period. The growing use of mass spectrometry in emerging markets and the rising potential for the application of high-resolution mass spectrometry in healthcare are the key areas of opportunity in this market. Browse: 109market data tables,36figures , 176pages And in-depth TOC on “Mass Spectrometry Market” Get The PDF Brochure For This Report: https://www.marketsandmarkets.com/pdfdownload.asp?id=437 The mass spectrometry market is expected to reach $5.27 Billion by 2022 from an estimated USD 3.68 Billion in 2017, at a CAGR of 7.4%. https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

  3. By technology, the hybrid mass spectrometry segment accounted for the largest share of the market in 2017 • The hybrid mass spectrometry segment is expected to account for the largest share of this market. The extensive applications of hybrid mass spectrometers coupled with the technological advancements in mass spectrometry are driving the growth of this segment. • By application, the pharmaceutical application industry held the largest market share in 2017 • Based on application, the mass spectrometry market is further segmented into pharmaceutical application, biotech application, environmental testing, food and beverage testing, petrochemical applications, and other applications. In 2017, the pharmaceutical applications segment is expected to account for the largest share. Extensive use of mass spectrometry technologies at various stages of drug development processes and increase in R&D investments by pharmaceutical industries are driving the growth of the market. • Request a sample of the report: • https://www.marketsandmarkets.com/requestsample.asp?id=437 https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

  4. North America dominated the market in 2017: North America accounted for the largest share of the mass spectrometry market in 2016, followed by Europe. High usage of mass spectrometry in the pharmaceutical sector, growing funding to favour mass spectroometry market in the US, high petrol and natural gas production, growing biopharmaceuticals and biotechnology research & development and fundings for innovation based projects in Canada is expected to drive market during the forecast period. Factors such as availability of funds for research, growing cosmetics industry in Germany, growing food safety concerns and increased investments for pharmaceuticals in the UK, favorable scenario of biotechnology and pharmaceutical industry in Italy, company’s expansion in France and strong food and beverage industry in Spain are driving factors of the European mass spectrometry market. Agilent Technologies (US), Thermo Fisher Scientific (US), Waters Corporation (US), and SCIEX (Subsidiary of Danaher) (US) are the key players in the mass spectrometry market. Other players involved in this market are Bruker (US), PerkinElmer (US), JEOL (Japan), Analytik Jena (Germany), Hiden Analytical (UK), Rigaku (Japan), LECO (US), and DANI Instruments (Italy). https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

  5. Objectives of the Study: • To define, describe, and forecast the global mass spectrometry market with respect to platform, application, and region • To provide detailed information regarding the major factors influencing the growth of the Mass Spectrometry market (drivers, restraints, opportunities, and challenges) • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market • To analyze market opportunities for stakeholders and provide details of the competitive landscape of Mass Spectrometry market leaders • To forecast the size of the market with respect to four main regions North America, Europe, Asia Pacific, and the Rest of the World • To profile the key players in the global mass spectrometry market and comprehensively analyze their core competencies

  6. About MarketsandMarkets™: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's™ flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. https://www.marketsandmarkets.com/Market-Reports/mass-spectrometry-market-437.html

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