Global Mass Spectrometry Market Size, Trends and Growth opportunity, By Technology (Hybrid Mass Spectrometry, Single Mass Spectrometry, and Other Mass Spectrometry), By Application (Pharmaceutical, Biotechnology, Security, Industrial Chemistry, Environmental Testing, Food & Beverage Testing, Forensic, Clinical and Other Applications), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Mass Spectrometry Market
Global Mass Spectrometry Market was valued at USD 4.81 billion in 2021 and is expected to reach USD 8.65 billion by 2027, at a CAGR 9.13% from 2022-2027.
Mass Spectrometry provides increased sensitivity over another analytical system, owing to decreased background intrusion & superior specificity from characteristic fragmentation patterns to detect unknown compounds. Additionally, it identifies the existence of suspected compound & data regarding molecular weight of the compound in the mixture, and provides information about isotopic abundance of elements and chemical data determined for a short period. 
Mass spectrometry is also useful in analytical methods to characterize large biomolecules, for example; DNA & proteins, and omics-related studies.
Market Drivers
Increasing technological advancements is the key driving factor which is projected to boost the global mass spectrometry market growth. Also, rising R&D investments by pharmaceutical and biotechnological companies as well as government initiatives is expected to boost the market growth during this forecast period 2027.
Furthermore, environmental testing for pollution management has become important, which is boosting market growth. The increasing use of mass spectrometry to detect toxins, microbes, pathogens & chemicals in order to ensure food quality & safety is boosting mass spectrometry market expansion.
Market Restraints
High cost of instruments is the major restraining factor which is expected to obstruct the global mass spectrometry market growth. As the cost of a spectrometer influences end users' purchase decisions. Also, lack of skilled professionals is expected to hinder the global mass spectrometry market. 
Market Segmentation
The Global Mass Spectrometry Market is segmented into; technology, application, and region.
Based on the technology, the mass spectrometry market is segmented into hybrid mass spectrometry, single mass spectrometry, and other technologies.
Regional Analysis
The Global Mass Spectrometry Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the mass spectrometry market because of the existence of developed technologies. Additionally, favourable government funding programs for research studies which use mass spectroscopy shall flourish the market’s growth rate in this region. 
The Asia-Pacific region is expected to grow during the forecast period because of the growing use of mass spectroscopy in food testing processes & pharmaceutical industries.
Market Key Players
Various key players are discussed in the Global Mass Spectrometry Market Report including: Thermo Fisher Scientific, Sciex, Agilent Technologies, Waters Corporation, Shimadzu Corporation, Bruker, Perkinelmer, Jeol, Flir Systems, Danaher, and Others.
For instance, in June 2020, Agilent Technologies had introduced its new Mass Spectrometry products to market such as Agilent 6470B Triple Quadrupole LC/MS (6470 LC/TQ) system, and the Agilent Rapid-fire 400 system. These products delivered faster detection of target compounds and reduced time to generate results.
Market Taxonomy
By Technology
•        Hybrid Mass Spectrometry
•        Single Mass Spectrometry
•        Others
By Application
•        Biotechnology
•        Pharmaceutical
•        Industrial Chemistry
•        Environmental Testing
•        Food & Beverage Testing
•        Other
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Mass Spectrometry Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Mass Spectrometry Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Mass Spectrometry Market
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Mass Spectrometry Market Share Analysis, By Technology 
5.3 Global Mass Spectrometry Market Size and Forecast, By Technology
5.3.1 Hybrid Mass Spectrometry
5.3.2 Single Mass Spectrometry
5.3.3 Others
6 Global Mass Spectrometry Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Mass Spectrometry Market Share Analysis, By Application
6.3 Global Mass Spectrometry Market Size and Forecast, By Application
6.3.1 Biotechnology
6.3.2 Pharmaceutical
6.3.3 Industrial Chemistry
6.3.4 Environmental Testing
6.3.5 Food & Beverage Testing
6.3.6 Others
7 Global Mass Spectrometry Market, By Region
7.1 Global Mass Spectrometry Market Share Analysis, By Region
7.2 Global Mass Spectrometry Market Share Analysis, By Region
7.3 Global Mass Spectrometry Market Size and Forecast, By Region
8 North America Mass Spectrometry Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Mass Spectrometry Market Share Analysis, By Technology
8.3 North America Mass Spectrometry Market Size and Forecast, By Application
8.4 North America Mass Spectrometry Market Size and Forecast, By Country
8.4.1 U. S
8.4.2 Canada
8.4.3 Mexico
9 Europe Mass Spectrometry Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Mass Spectrometry Market Share Analysis, By Technology 
9.3 Europe Mass Spectrometry Market Size and Forecast, By Application 
9.4 Europe Mass Spectrometry Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Mass Spectrometry Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Mass Spectrometry Market Share Analysis, By Technology 
10.3 Asia Pacific Mass Spectrometry Market Size and Forecast, By Application 
10.4 Asia Pacific Mass Spectrometry Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Mass Spectrometry Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Mass Spectrometry Market Share Analysis, By Technology 
11.3 Latin America Mass Spectrometry Market Size and Forecast, By Application 
11.4 Latin America Mass Spectrometry Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Mass Spectrometry Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Mass Spectrometry Market Share Analysis, By Technology 
12.3 Middle East Mass Spectrometry Market Size and Forecast, By Application 
12.4 Middle East Mass Spectrometry Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
12.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Thermo Fisher Scientific
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Sciex
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Agilent Technologies
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Waters Corporation
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Shimadzu Corporation
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Bruker
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Perkinelmer
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Jeol
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Flir Systems
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Danaher
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies