Mass Spectrometry refers to a technique which is used to identify and quantify molecules in the simple and complex mixtures. The ascertainment and identification is done by separating the ions based on their mass to charge ratio which is measured using a mass spectrum. This mass spectrum helps determining the structure of the molecules present in the sample.
The global mass spectrometry market is driven by increasing food safety concern, increasing healthcare spending and development of healthcare infrastructure, technological advancement in mass spectrometry, international GMP & GDP certification for pharmaceutical excipients. Also, the demand for mass spectrometry is growing rapidly in life science and clinical sector. Some of its most common applications in life science and clinical studies are determination of protein structure, interactions and folding; protein identification from the mass of its peptide fragment; relative or absolute quantification of proteins in a given sample; monitoring of enzyme reactions; chemical modifications; protein digestion; forensic analysis; and disease biomarkers detection. All these applications are very vital in life science and clinical studies; and with increasing healthcare awareness, advanced research and development, increasing cases of drug abuse, and high number of metabolic diseases, the demand for mass spectrometer is rapidly growing.
Geographically, North America was largest market for mass spectrometry in 2015. The high healthcare expenditure, developed healthcare infrastructure, presence of large number of market players, stringent government regulations in pharmaceuticals and biotechnology are driving the growth of the mass spectrometry market in the region. Moreover, increasing food safety concerns, developed healthcare infrastructure and technological advancements in mass spectrometry, new GMP and GDP certification for pharmaceutical excipients are creating huge demand for the mass spectrometer in the region.
The key companies operating in the global mass spectrometry market include Danaher Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc., Bruker Corporation, Agilent Technologies Inc., Waters Corporation, PerkinElmer Inc., LECO Corporation, Dani Instruments S.p.A, Protea Biosciences Group Inc., Microsaic Systems PLC, Endress+Hauser Inc., Jeol USA Inc., and Elico Ltd.
