Applications of Mass Spectrometry to offer new business opportunities for key players
The overall mass spectrometry market is expected to grow $5.27 billion by 2022, at a CAGR of 7.4%.
(EMAILWIRE.COM, December 12, 2018 ) 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.
Factors such as technological advancements in mass spectrometry, government initiatives for pollution control and environmental testing, increasing spending on pharmaceutical R&D across the globe, growing petrochemical industry, and growing focus on ensuring the quality of food products are expected to drive the growth of Mass Spectrometry Market.
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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).
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.
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Market Drivers:
Technological advancements in mass spectrometry
Government initiatives for pollution control and environmental testing
Increasing spending on pharmaceutical R&D across the globe
Growing petrochemical industry
Growing focus on ensuring the quality of food products
Growing regulations on drug safety
Browse 109 Market Data Tables and 36 Figures spread through 176 Pages and in-depth TOC on "Mass Spectrometry Market".
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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.
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By Application
Pharmaceutical Applications
Biotech Applications
Petrochemical Applications
Environmental Applications
Food and Beverage Testing
Other Applications
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