The overall mass spectrometry market is expected to grow from USD 3.44 billion in 2016 to USD 5.27 billion by 2022, at a CAGR of 7.4% from 2015 to 2020. Mass spectrometry is an analytical technique used to measure known materials, to identify unknown compounds within a sample, and to evaluate the structure and chemical properties of different molecules. The technique ionizes chemical species and sorts the ions, based on their mass-to-charge ratio. Because of the high sensitivity of these techniques, mass spectroscopy has become a powerful analytical tool for testing in various industries.
By Application:
- Pharmaceutical Applications
- Biotech Applications
- Petrochemical Applications
- Environmental Applications
- Food and Beverage Testing
Mass spectrometry has major applications in the pharmaceutical industry, right from the early stages of drug discovery to the late-stage development and clinical trials. Also, mass spectrometry is routinely employed by pharmaceutical companies as a part of Good Manufacturing Practices (GMPs).
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In biopharmaceutical research, advancements in mass spectrometers [such as the development of matrix-assisted laser desorption/ionization mass spectrometry (MALDI-MS) and electrospray ionization mass spectrometry (ESI-MS)] have made them applicable for determining protein molecular mass, peptide mapping and sequencing, active site characterization of enzymes and other structural characterizations, and determining disulfide bonds. Besides this, the identification of drug metabolites, synthesis products, and protein fragments is a central activity in many types of research projects.
Major Market Developments:
- In 2017, Thermo Fisher Scientific launched the Cascadion SM Clinical Analyzer, the ISQ EC Single Quadrupole Mass Spectrometer, and Q Exactive HF-X Mass Spectrometer, to enhance its Liquid Chromatography Mass Spectrometry segment.
- In 2017, Phytronix Technologies has agreed to make available its triple ion source, the Phytronix LDTD (Laser Diode Thermal Desorption Ion Source) to be coupled with Shimadzu’s LCMS- 8060 triple quadrupole mass spectrometer for rapid sample analysis.
- In 2015, PerkinElmer collaborated with Albany Molecular Research (US), offering its screening capabilities, cellular imaging, and analytical instruments to AMRI for its drug discovery and translational research.
Know the detail analysis of Mass Spectrometry Market by Application (Pharmaceuticals, Biotechnology, Environmental testing), Platform (Single mass spectrometry (Quadrupole, TOF & Ion Trap), Hybrid mass spectrometry (Triple Quadrupole, QTOF & FTMS)) – Global Forecast to 2022.
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