Mass Spectrometry Market to grow by USD 2.70 bn from 2020 to 2025|Rising Focus on Drug Discovery to Boost Growth| 17000+ Technavio Reports

NEW YORK, Oct. 28, 2021 /PRNewswire/ -- Technavio's latest offering, the Mass Spectrometry Market report provides a detailed analysis of the competitive scenario and the market growth across various regions. The mass spectrometry market is estimated to grow by USD  2.70 billion from 2021 to 2025, growing at a CAGR of 7.67%.

Attractive Opportunities in Mass Spectrometry Market by End-user and Geography - Forecast and Analysis 2021-2025

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Market Dynamics
Factors such as an increase in the use of hyphenated technology, rising focus on drug discovery and development will be crucial in driving the growth of the market. But the high cost of equipment will restrict the market growth.

Company Profiles
The mass spectrometry market report includes information on the product launches, sustainability, and prospects of leading vendors including 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.

Competitive Analysis
The competitive scenario provided in the mass spectrometry market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By End-user, the market is classified into pharmaceutical and biotechnology industries, chemical and petrochemical industries, and others. The mass spectrometry market share growth by the pharmaceutical and biotechnology industries segment will be significant 
  • By Geography, the market is classified as North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market.

Related Reports -
Clinical Mass Spectrometry Market  -The clinical mass spectrometry market size is expected to reach a value of USD 1.83 billion, at a CAGR of 6.03% during 2021-2025. Download a free sample report now!

Spectroscopy Market - The spectroscopy market size has the potential to grow by USD 6.30 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. Download a free sample report now!

Mass Spectrometry Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.67%

Market growth 2021-2025

USD 2.70 billion

Market structure

Concentrated

YoY growth (%)

6.64

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 53%

Key consumer countries

US, Canada, Mexico, Germany, UK, France, China, Japan, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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