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Global Mass Spectrometry Market to Reach $10.5 Billion by 2025 - Growing Demand For Personalized Medicine & Drug Discovery - Research and MarketsResearch and Markets has announced the addition of the "Global Mass Spectrometry Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2015 to 2025" report to their offering. The market was valued at USD 5.3 Bn in 2016, and is expected to reach USD 10.5 Bn by 2025, expanding at a CAGR of 7.7% from 2017 to 2025. Mass spectrometry is an analytical technique used to determine the molecular weight of compounds by separating molecular ions on the basis of their mass and charge. Continuous technological advancements have led to the growth in the application of mass spectrometry. Mass spectrometry has a myriad of applications in biology, physics, chemistry, clinical medicine and space exploration. The growing array of applications of mass spectrometry is driving the global mass spectrometry market. The global mass spectrometry market on the basis of application has been segmented into pharmaceuticals, biotechnology, industril chemistry, environmental testing, food & beverage testing and others. Pharmaceutical application segment dominated the global mass spectrometry market due to factors such as rising usage of mass spectrometry in drug discovery, drug-drug interaction and other pharmaceutical and clinical medicine applications. Biotechnology and food & beverage testing are expected to be the fastest-growing segment due to rising usage of mass spectrometry techniques in rapid microbiology testing of food and beverages and other industrial microbiology testing which would further fuel the growth of mass spectrometry market during the forecast period. Companies Mentioned:
Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Global Mass Spectrometry Market Analysis Chapter 4 Global Mass Spectrometry Market Analysis, by Platform Chapter 5 Global Mass Spectrometry Market Analysis, by Application Chapter 6 Global Mass Spectrometry Market, by Geography Chapter 7 Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/hczmj8/global_mass View source version on businesswire.com: http://www.businesswire.com/news/home/20170622005968/en/ |
