Us Mass Spectrometry Kit Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Mass Spectrometry Kit Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.9 Billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030.
The United States mass spectrometry kit market is experiencing significant growth, driven by advancements in technology and increasing applications across various industries. In 2023, the market was valued at approximately USD 2.19 billion and is projected to reach USD 3.76 billion by 2030, growing at a compound annual growth rate (CAGR) of 8% from 2024 to 2030.
Several factors contribute to this expansion:
Pharmaceutical Research: Mass spectrometry plays a crucial role in drug discovery and development, aiding in biomarker identification and validation. Over 80% of pharmaceutical companies utilize mass spectrometry for critical research applications.
Environmental Analysis: The technique is essential for monitoring pollutants, including per- and polyfluoroalkyl substances (PFAS) and trace elements, ensuring environmental safety and compliance.
Food Safety Testing: Mass spectrometry ensures the quality and safety of food products by detecting contaminants and verifying nutritional content.
Leading companies in the U.S. mass spectrometry market include:
Thermo Fisher Scientific, Inc.
Agilent Technologies, Inc.
Danaher Corporation (SCIEX)
Waters Corporation
Bruker Corporation
Shimadzu Corporation
PerkinElmer, Inc.
Rigaku Corporation
LECO Corporation
JEOL Ltd.
These companies are actively engaged in strategic initiatives such as new product launches, mergers and acquisitions, and regional expansions to strengthen their market positions. For instance, in June 2024, SCIEX (Danaher Corporation) announced a collaboration to develop artificial intelligence quantitation (AI quant) software for processing data from their mass spectrometers.
Despite the positive outlook, the market faces challenges, including the high cost of mass spectrometry equipment and a shortage of skilled technicians. However, the increasing demand for precise analytical testing and the expanding applications of mass spectrometry are expected to drive continued growth in the U.S. market.
In summary, the U.S. mass spectrometry kit market is poised for substantial growth, fueled by technological advancements and diverse applications across multiple sectors. Industry leaders are investing in innovation and strategic partnerships to meet the evolving needs of their customers and maintain a competitive edge in this dynamic market.
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Perkinelmer
Danaher
bioMérieux SA
Thermo Fisher Scientific
Merck
BGI Group Guangdong ICP
BIOCRATES
Chromsystems
Guangzhou Fenghua Bioengineering Co.
Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Mass Spectrometry Kit Market
Pharmaceuticals
Biotechnology
Environmental Testing
Food and Beverage Testing
Clinical Research
Consumables
Instrumentation
Software
GC-MS (Gas Chromatography-Mass Spectrometry)
LC-MS (Liquid Chromatography-Mass Spectrometry)
SIMS (Secondary Ion Mass Spectrometry)
MALDI-TOF (Matrix-Assisted Laser Desorption/Ionization Time of Flight)
Research Laboratories
Academic Institutions
Pharmaceutical Companies
Diagnostic Laboratories
Government and Regulatory Bodies
Qualitative Analysis
Quantitative Analysis
Trace Analysis
Isotope Analysis
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Mass Spectrometry Kit Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Mass Spectrometry Kit Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Mass Spectrometry Kit Market, By Type
6. Global Mass Spectrometry Kit Market, By Application
7. Global Mass Spectrometry Kit Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Mass Spectrometry Kit Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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