Global Mass Spectrometry Market 2021-2025

Global Mass Spectrometry Market 2021-2025

Technavio has been monitoring the mass spectrometry market and it is poised to grow by $ 2.70 bn during 2021-2025, progressing at a CAGR of 7.67% during the forecast period. Our report on the mass spectrometry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in the use of hyphenated technology and rising focus on drug discovery and development. In addition, an increase in the use of hyphenated technology is anticipated to boost the growth of the market as well.

The mass spectrometry market analysis includes the end-user segment and geographic landscape.

Technavio's mass spectrometry market is segmented as below:

By End-user

• pharmaceutical and biotechnology industries
• chemical and petrochemical industries
• others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• MEA

This study identifies the rapid growth of end-user industriesas one of the prime reasons driving the mass spectrometry market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on mass spectrometry market covers the following areas:

• Mass spectrometry market sizing
• Mass spectrometry market forecast
• Mass spectrometry market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mass spectrometry market vendors that include Agilent Technologies Inc., AMETEK Inc., Bruker Corp., Danaher Corp., Hitachi Ltd., JEOL Ltd., PerkinElmer Inc., Shimadzu Corp., Teledyne FLIR LLC, and Thermo Fisher Scientific Inc. Also, the mass spectrometry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.