Mass Spectrometry Market to Witness the Highest Growth Globally in Coming Years

Mass Spectrometry Market

New York, United States, 2019-Jul-25 — /EPR Network/ — The mass spectrometry market is growing at a CAGR 2016-2022. The global market is increasing, due to increasing food safety concern, growing demand in life science and clinical analysis sector, and increasing healthcare expenditure and development of healthcare infrastructure. In addition, the technological advancements with advent of mass spectrometry equipment are further encouraging the growth of the market.

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Based on application, the mass spectrometry market is segmented into drug discovery and development, proteomics, clinical testing, environment, and others. The drug discovery and development segment dominated the mass spectrometry industry, and it is expected to retain its dominance by 2022.

On the basis of end user, the mass spectrometry market is segmented into pharmaceuticals, life science and biotechnology, academic and research institute, hospitals and others. The pharmaceutical segment dominated the market for mass spectrometry, and it is expected to retain its dominance by 2022.

Based on type of platform, the mass spectrometry market is segmented into hybrid mass spectrometry, single mass spectrometry, and others. The hybrid mass spectrometry segment dominated the mass spectrometry market, and it is expected to retain its dominance by 2022.

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The key companies operating in the mass spectrometry market include Danaher Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc., Bruker Corporation, Agilent Technologies Inc., Waters Corporation, PerkinElmer Inc., LECO Corporation, Dani Instruments S.p.A, Protea Biosciences Group Inc., Microsaic Systems PLC, Endress+Hauser Inc., Jeol USA Inc., and Elico Ltd.

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