Mass spectrometry is a technique which is used in the identification of various types of chemical present in the sample. It is also used in the quantification of amount of specific chemical in the sample. Mass spectrometry is very common technique in analytical laboratories which helps in the study of biological and chemical properties of compounds. In life science area, mass spectrometry is primarily involved in the characterization and sequencing of proteins. It identifies and quantities crucial proteins involved in disease and altered phenotypes and recognized diagnostic biomarkers for treatment.
The global mass spectrometry market is categorized based on various technologies and by applications. Technology segment includes gas chromatography-mass spectrometry (GC-MS), liquid chromatography-mass spectrometry, matrix-assisted laser desorption/ionization-time of flight spectrometry (MALDI-TOF), triple-quadrupole liquid chromatography-mass spectrometry, quadrupole-time of flight liquid chromatography-mass spectrometry, inductively coupled plasma mass spectrometry and others. MALDI-TOF is the fastest growing sub-segment in global mass spectrometry market. This is due to increased usage of the technology in clinical diagnostic field.
In terms of geographic, North America dominates the global mass spectrometry market. This is due to increased government investments in biotechnology and biomedical areas. In addition, increased research in the field of proteomics is also supporting in the growth of mass spectrometry in the region. The U.S. represents the largest market for mass spectrometry techniques followed by Canada in North America. In Europe, France, Germany, Italy, Spain and the U.K. holds major share of mass spectrometry market. However, Asia is expected to show high growth rates in the next five years in global mass spectrometry market. This is due to many companies constructing their manufacturing and research facilities in the region. In addition, increasing number of conferences and exhibitions by manufacturing companies to promote mass spectrometry technology is also contributing in the growth of mass spectrometry market in the region. Japan, China and India are expected to be the fastest growing mass spectrometry markets in Asia.
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