DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2pr666/mass_spectrometry) has announced the addition of the "Mass Spectrometry Market by Platform (Hybrid mass spectrometry (Triple Quadrupole, QTOF, & FTMS), Single mass spectrometry (Quadrupole, TOF, & Ion trap)) & by Application (Pharmaceuticals, Biotechnology) - Analysis & Global Forecast to 2020" report to their offering.
The global mass spectrometry market witnesses high competitive intensity as there are many big and small firms with similar product offerings. These companies adopt various strategies (collaborations, acquisitions, new product launches and geographic expansions) to increase their market shares and to establish a strong foothold in the global market.
Over the years, the mass spectrometry market, has witnessed various technological advancements. These advancements have led to a growth in the number of mass spectrometry applications. Some of the applications using mass spectrometry are drug discovery and development, metabolomics, and diagnostics. However, the high cost of instruments and the lack of skilled professionals to operate these highly sophisticated systems are factors that are hindering the market.
In 2015, the hybrid mass spectrometry segment is expected to account for the largest share of the global mass spectrometry market, by platform, while the pharmaceuticals segment is expected to account for the largest share of the mass spectroscopy market, by application.
In 2015, North America is expected to account for the largest share of the global market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). In the coming years, the mass spectroscopy market is expected to witness the highest growth rate in the Asia-Pacific region, with emphasis on India, China, and Japan. The high growth in these regions can be attributed to the increased involvement of their respective governments, increased funding scenario, and collaborations with established market players.
The major players in this market include Thermo Fisher Scientific, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Agilent Technologies (U.S.), Bruker Corporation (U.S.), Waters Corporation (U.S.), Danaher Corporation(U.S.), and Shimadzu Corporation (Japan) among others.
Scope of the Report:
This research report categorizes the mass spectrometry market into the following segments:
Mass Spectrometry Market, by Platform
- Single Mass Spectrometry
- Quadrupole
- Time-of-flight (TOF)
- Ion trap
- Hybrid Mass Spectrometry
- Triple Quadrupole
- Quadrupole TOF
- Fourier Transform Mass Spectrometry (FTMS)
- Others (Magnetic Sector, Portable MS, and Inductively Coupled Plasma Mass Spectrometry
Mass Spectrometry Market, by Application
- Pharmaceuticals
- Biotechnology
- Industrial Chemistry
- Environmental Testing
- Food & Beverage Testing
- Others
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