A brief Market Analysis of Mass Spectrometer Industry

Posted October 20, 2019 by Bonnibelle

The spectrometer has outstanding technical advantages in terms of material characterization, sensitivity and speed of analysis.

The spectrometer has outstanding technical advantages in terms of material characterization, sensitivity and speed of analysis.

Mass spectrometry has the advantages of high sensitivity, high resolution, fast analysis speed, and has been widely used in many areas, such as precision electronics, precision machinery, high vacuum, software engineering, automation control, and electronic ion optics, physical chemistry, etc.; it has an irreplaceable role and a pivotal position in medical health, food safety, environmental monitoring, industrial analysis, national security and other fields.

With the increasing demand for testing in various industries, scientific analytical instruments have begun to develop in the high-tech fields of physics, chemistry, biology, electronics, optics and other technologies. With the advancement of electrochemical technology, chromatography technology and spectroscopy technology, mass spectrometry technology are attracting more and more attention. The degree is constantly improving and the technology is further developed. In addition to mass spectrometers, it has different applications in various fields, including electrochemical analyzers, chromatographs, spectrometers, etc..

The overview development of the global mass spectrometer market

Since the beginning of the 21st century, countries around the world have made plans and increased support to try to take the lead in the field of mass spectrometry.

As early as in 2003, The US Department of Energy has released the Major Scientific Equipment Program for the Next Twenty Years. The United States mainly supports the research and development of scientific instruments by major companies through the National Science Foundation and the National Institutes of Health. The National Science Foundation has set up a special fund account for large-scale scientific research equipment and facilities for the construction and purchase of large-scale scientific instruments and equipment. In addition, the US government implements various indirect industry policies for the analytical instrument industry, encourages major instrument companies to cooperate with universities, and continuously increase investment in research and development.

In 2002, Japan formulated a high-precision scientific instrument revitalization plan, taking scientific instrument innovation as a national development strategy, and since 2004, it has invested heavily in research and development of world-class analytical and measurement instruments. At the same time, the Japanese government stipulates that the purchase of domestically produced instruments can enjoy tax-free concessions in support of the development of major scientific instruments.

According to Zion Market Research, the global mass spectrometer market researched 4.9 billion US dollars in 2015. It is estimated that the global market compound annual growth rate will reach 7.90% in 2015-2021. According to Transparency Market Research, the global mass spectrometer market will grow at a compound annual growth rate of 7.70% in 2018-2026. Driven by demand in downstream applications, the global mass spectrometer market will maintain steady growth.

At present, the global mass spectrometer market is mainly occupied by international industry giants. The main players in the global mass spectrometer market include Waters, Danaher, Brooke, Agilent, Thermo Fisher, BioMerieux, Shimadzu, etc., which account for about 90% of the market share.

From the global perspective, the current sales of mass spectrometers are mainly concentrated in Europe and the United States. Among them, North America dominates the global mass spectrometer market. The United States is the world's largest market for mass spectrometers. The United Kingdom, France, and Germany occupy the main share of the mass spectrum instrument of Europe market. In the future, with the continuous development of economics in Asian countries such as China and India, the demand for high-end mass spectrometers in Asian countries will continue to increase.

Mass Spectrometry is now in very common use in analytical laboratories that focus on physical, chemical, or biological properties of a great variety of compounds in various samples, collected from different sources, by utilizing the combination of different ion sources and mass analyzers, even tandem or hybrid mass spectrometry. Equipped with advanced mass spectrometry, Creative Proteomics can provide professional analytical support as above for your experiments in academia or industry.
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Issued By https://www.creative-proteomics.com/
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Last Updated October 20, 2019