Global Mass Spectrometry Market Outlook to 2024 - Growing Opportunities in Emerging Markets
DUBLIN, Dec. 2, 2019 /PRNewswire/ -- The "Mass Spectrometry Market by Platform (Hybrid Mass Spectrometry (Triple Quadrupole, QTOF, FTMS), Single Mass Spectrometry (Quadrupole, TOF, Ion Trap)), Application (Pharma & Biotech, Environmental & Food Testing) - Global Forecasts to 2024" report has been added to ResearchAndMarkets.com's offering.
The mass spectrometry market is projected to reach USD 6,313.7 million by 2024 from USD 4,569.1 million in 2019, rising at a CAGR of 6.7%.
The major players in the market include SCIEX (US), Agilent Technologies (US), Thermo Fisher Scientific (US), Waters Corporation (US), PerkinElmer (US), Shimadzu Corporation (Japan), Bruker (US), Analytik Jena (Germany), JEOL (Japan), Rigaku (Japan), DANI Instruments (Italy), LECO (US), Hiden Analytical (UK), Kore Technology (UK), Extrel CMS (US), MassTech (US), AMETEK Process Instruments (US), MKS Instruments (US), Advion (US), and FLIR Systems (US).
The mass spectrometry market is projected to grow at a CAGR of 6.7% during the forecast period
The hybrid mass spectrometry segment held the largest share of this market in 2018 and is also estimated to grow at the highest CAGR during the forecast period. Hybrid mass spectrometers are technologically enhanced instruments that comprise a combination of two mass spectrometry platforms as compared to a single platform in single MS and hence provide higher accuracy, sensitivity, and efficiency in testing.
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