Sarasota, FL -- (SBWIRE) -- 09/21/2016 -- The report covers forecast and analysis for the mass spectroscopy market on a global and regional level. According to the report, global demand for mass spectroscopy was valued at over USD 4,896.7 million in 2015, is expected to reach above USD 7,726.2 million in 2021 and is anticipated to grow at a CAGR of slightly above 7.9% between 2016 and 2021.The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the mass spectroscopy market on a global level.

In order to give the users of this report a comprehensive view on the mass spectroscopy market, we have included a detailed competitive scenario, and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the mass spectroscopy market has also been included, strategic development along with patents analysis is included in this report. The study encompasses a market attractiveness analysis, whereintechnology segments are benchmarked based on their market size, growth rate and general attractiveness.

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The advance mass spectroscopy includes high speed and resolution.. This factor drives the growth of advance mass spectroscopy market. Moreover, usage of mass spectroscopy in drug development, proteomics, and pharmaceuticals stimulates the demand for the mass spectroscopy. Use of mass spectroscopy in food safety testing further fuels the growth of market. However, high cost of instruments may curtail the growth of the market. Nonetheless, increasing technological advancements and expanding application areas are likely to foster the demand for mass spectroscopy in the forecast period.

Based on the technology, the mass spectroscopy market can be segmented as single mass spectrometry, hybrid mass spectrometry and other mass spectrometry. The single mass spectrometry can be sub segmented as quadrupole, ion trap and time-of-flight (tof). Hybrid mass spectroscopy can be bifurcate as Quadrupole TOF (Q-TOF), Triple Quadrupole (Tandem) and FTMS (Fourier Transform Mass Spectrometry). Hybrid mass spectroscopy is the potential segment for the mass spectroscopy with the largest share. Mass spectroscopy consists of various end user applications including industrial chemistry, pharmaceuticals, food & beverage testing, biotechnology, environmental testing and other application. Pharmaceutical emerged as the prime segment owing to highest usage of mass spectroscopy.

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Based on the technology, the mass spectroscopy market can be segmented as single mass spectrometry, hybrid mass spectrometry and other mass spectrometry. Mass spectroscopy consists of various end user applications industrial chemistry, pharmaceuticals, food & beverage testing, biotechnology, environmental testing and other application. All the segments have been analyzed based on present and future trends and the market is estimated from 2015 to 2021.The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Dani Instruments S.P.A., PerkinElmer, Thermo Fisher Scientific, Waters Corporation, Kore Technologies, Ltd., Agilent Technologies, Bruker Corporation, Danaher Corporation, Shimadzu Corporation and Leco Corporation among others.

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This report segments the mass spectroscopy market as follows:

Mass Spectroscopy Market: Technology Segment Analysis

Single mass spectrometry
Hybrid mass spectrometry
Other mass spectrometry

Mass Spectroscopy Market: Applications Segment Analysis

Industrial chemistry
Pharmaceuticals
Food & beverage testing
Biotechnology
Environmental testing
Other application

Mass Spectroscopy Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa