Mass Spectrometry Global Market Report 2025

Mass spectrometry is an analytical technique utilized for the identification and quantification of molecules based on their mass-to-charge ratio. The process involves ionizing a sample, separating the resulting ions according to their mass-to-charge ratio, and then detecting them to generate a mass spectrum.

The main technologies employed in mass spectrometry include hybrid mass spectrometry, single mass spectrometry, and inductively coupled plasma mass spectrometry (ICP-MS). Hybrid mass spectrometry combines multiple mass spectrometry techniques to enhance analytical capabilities and improve molecular characterization. This technology finds applications in various fields, including life science research, drug discovery, environmental testing, food testing, applied industries, and clinical diagnostics. Industries and sectors utilizing mass spectrometry include the pharmaceutical and biotechnology industries, research and academic institutes, environmental testing industry, food and beverage testing industry, petrochemical industry, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a significant impact on the healthcare sector, especially in the supply of essential medical devices, diagnostic equipment, and pharmaceuticals. Hospitals and healthcare providers are grappling with higher costs for imported surgical tools, imaging systems, and consumables like syringes and catheters, many of which have limited domestic substitutes. These escalating expenses are putting pressure on healthcare budgets, prompting some providers to delay equipment upgrades or pass increased costs on to patients. Furthermore, tariffs on raw materials and components are disrupting the manufacturing of vital drugs and devices, leading to supply chain delays. In response, the industry is adopting diversified sourcing strategies, expanding local production where feasible, and pushing for tariff exemptions on critical medical products.

The mass spectrometry market research report is one of a series of new reports from The Business Research Company that provides mass spectrometry market statistics, including the mass spectrometry industry global market size, regional shares, competitors with a mass spectrometry market share, detailed mass spectrometry market segments, market trends, and opportunities, and any further data you may need to thrive in the mass spectrometry industry. This mass spectrometry market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The mass spectrometry market size has grown strongly in recent years. It will grow from $6.65 billion in 2024 to $7.2 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to regulatory compliance, increased research and development investments, increased pharmaceutical and biotechnology demand, environmental monitoring, clinical diagnostics have shaped historical growth.

The mass spectrometry market size is expected to see rapid growth in the next few years. It will grow to $10.64 billion in 2029 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to increasing healthcare expenditure, expanding applications in food safety, emerging markets adoption, advancements in precision medicine, cross-industry collaborations. Major trends in the forecast period include advances in ionization techniques, growing role in food and beverage testing, collaboration for multi-omics research, enhanced data accessibility and cloud-based solutions.

The forecast of 10.2% growth over the next five years reflects a slight reduction of 0.1% from the previous projection. This reduction is primarily due to the impact of tariffs between the US and other countries. The imposition of tariffs may disrupt U.S. medical supply chains by increasing costs for high-resolution mass spectrometers and ionization modules imported from Germany and Japan, potentially delaying lab diagnostics and raising pathology department operational costs. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The anticipated rise in chronic diseases is set to drive the growth of the mass spectrometry market in the future. Chronic diseases, lasting for three months or longer and worsening over time, are prevalent globally. Mass spectrometry techniques play a crucial role in identifying, quantifying, and analyzing biomarkers and metabolites associated with chronic diseases. According to the World Health Organization, non-communicable diseases (NCDs) or chronic diseases account for 74% of the 41 million annual deaths worldwide. The increasing prevalence of cardiovascular diseases, cancer, chronic respiratory diseases, and diabetes underscores the importance of mass spectrometry in disease analysis. Furthermore, a report from the National Institutes of Health (NIH) predicts a 99.5% increase in the number of people aged 50 and older with at least one chronic illness, from 71.522 million in 2020 to 142.66 million in 2050. Hence, the mass spectrometry market is witnessing growth due to the escalating prevalence of chronic diseases.

The expansion of the beverage industry is expected to contribute to the growth of the mass spectrometry market. The beverage industry involves the production, distribution, and sale of liquid refreshments. Mass spectrometry is employed for precise analysis and characterization of compounds, ensuring quality control, flavor profiling, and identification of contaminants in beverages. In the United States, the beverage industry is valued at $146 billion and is projected to experience an annual growth rate of 1.7% by 2027, according to BlueCart. Therefore, the growing beverage industry is a driving factor for the mass spectrometry market.

Product innovation stands out as a prominent trend in the mass spectrometry market. Leading companies in the market are dedicated to developing innovative products with advanced features to fortify their market positions. For example, Agilent Technologies Inc., a U.S.-based company, launched LC/MS and GC/MS quadrupole mass spectrometers in June 2022. The Agilent 6475 triple quadrupole LC/MS system is characterized by sensitivity, robustness, and ruggedness. Major features include a unique superheated Agilent Jet Stream (AJS) ion source, curved and tapered collision cell, +- 20 kV high-energy dynode detector system, and heated hyperbolic quadrupoles. Additionally, the system offers early maintenance feedback, intelligent secondary injection workflows, and scheduled tune and check-tune.

Major companies in the mass spectrometry market are prioritizing the development of advanced mass spectrometers to gain a competitive edge. The Astral analyzer, a state-of-the-art mass spectrometer known for its fast throughput, high sensitivity, and deep proteome coverage, is one such example. Thermo Fisher, a U.S.-based supplier of analytical instruments, launched the Orbitrap Astral mass spectrometer in June 2023. This groundbreaking technology allows researchers to efficiently discover previously undetected proteins, aiding in the identification of new clinical biomarkers and early disease detection. The Orbitrap Astral builds on Thermo Fisher's Orbitrap mass spectrometry platform, providing up to two times deeper proteome coverage and up to four times more throughput than current spectrometers.

In July 2022, Inotiv Inc., a U.S.-based medical research organization specializing in non-clinical and analytical methods for drug discovery and development, acquired Protypia, Inc. for an undisclosed amount. This strategic acquisition enhances Inotiv's bioanalytical capabilities and allows prospective consumers to translate clinical findings back into their discovery and preclinical pipelines. Protypia Inc., a U.S.-based proteomics bioanalytical company, operates in the mass spectrometry market.

Major companies operating in the mass spectrometry market include Agilent Technologies Inc., Bruker Corporation, JEOL Ltd., LECO Corporation, PerkinElmer Inc., Shimadzu Corporation, Thermo Fisher Scientific Inc., Waters Corporation, AB Sciex Pte Ltd., Danaher Corporation, Hitachi Ltd., Rigaku Corporation, Advion Inc., AMETEK. Inc., Analytik Jena GmbH, DANI Instruments S.p.A., Eurofins Scientific SE, FLIR Systems Inc., MKS Instruments, Elementar Analysensysteme GmbH, Hiden Analytical Europe GmbH, SPECTRO Analytical Instruments GmbH, EXUM INSTRUMENTS INC., 908 Devices Inc., MassTech Inc., Newomics Inc., Microsaic Systems plc, SCIEX AB, Kore Technologies Ltd., IonSense Inc.

North America was the largest region in the mass spectrometry market in 2024. Asia-Pacific is expected to be the fastest-growing region in the mass spectrometry market size forecast period. The regions covered in the mass spectrometry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the mass spectrometry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The mass spectrometry market consists of revenues earned by entities by providing services such as analytical testing, proteomics analysis, metabolomics studies, drug discovery support, environmental analysis, and forensic analysis. The market value includes the value of related goods sold by the service provider or included within the service offering. The mass spectrometry market also includes sales of mass spectrometers, ionization sources, and detectors, which are used in providing mass spectrometry services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Mass Spectrometry Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on mass spectrometry market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for mass spectrometry ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The mass spectrometry market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Technology: Hybrid Mass Spectrometry; Single Mass Spectrometry; Inductively Coupled Plasma Mass Spectrometry (ICP-MS)
• 2) By Application: Life Science Research; Drug Discovery; Environmental Testing; Food Testing; Applied Industries; Clinical Diagnostics; Other Applications
• 3) By End User: Pharmaceutical Industry; Biotechnology Industry; Research And Academic Institutes; Environmental Testing Industry; Food And Beverage Testing Industry; Petrochemical Industry; Other End Users
• Subsegments:
• 1) By Hybrid Mass Spectrometry: Quadrupole Time-of-Flight (QTOF); Orbitrap Mass Spectrometry; Triple Quadrupole Mass Spectrometry
• 2) By Single Mass Spectrometry: Time-Of-Flight (TOF); Quadrupole Mass Spectrometry; Ion Trap Mass Spectrometry; Inductively Coupled Plasma Mass Spectrometry (ICP-MS)
• 3) By ICP-MS: Quadrupole ICP-MS; Sector Field ICP-MS; High-Resolution ICP-MS
• Companies Mentioned: Agilent Technologies Inc.; Bruker Corporation; JEOL Ltd.; LECO Corporation; PerkinElmer Inc.; Shimadzu Corporation; Thermo Fisher Scientific Inc.; Waters Corporation; AB Sciex Pte Ltd.; Danaher Corporation; Hitachi Ltd.; Rigaku Corporation; Advion Inc.; AMETEK. Inc.; Analytik Jena GmbH; DANI Instruments S.p.A.; Eurofins Scientific SE; FLIR Systems Inc.; MKS Instruments; Elementar Analysensysteme GmbH; Hiden Analytical Europe GmbH; SPECTRO Analytical Instruments GmbH; EXUM INSTRUMENTS INC.; 908 Devices Inc.; MassTech Inc.; Newomics Inc.; Microsaic Systems plc; SCIEX AB; Kore Technologies Ltd.; IonSense Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.