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Q-TOF Mass Spectrometry Market by Application And Region - Global Forecast to 2022

Q-TOF Mass Spectrometry Market: Global Forecast until 2022

  • July 2018
  • 104 pages
  • ID: 5473819
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Q-TOF mass spectrometry market is estimated to rise at a compound annual growth rate of 7.70 percent

The overall Q-TOF mass spectrometry market is forecasted to reach $1009.70M by 2022 from $698.40M in 2017, at a compound annual growth rate (CAGR) of 7.70 percent. The main key factors driving the rise of the global Q-TOF mass spectrometry market contain the high investments in pharmaceutical research and development, favorable government initiatives, and rised focus on producing high-quality food. Nevertheless, the high instrument costs and a dearth of professionals to make effective use of the technology hinders the market increase to a certain extent.

The sector for biotechnology applications is expected to grow at the highest CAGR (Compound annual growth rate) during the outlook period

On the basis of application type, the sector is divided into pharmaceutical applications, biotechnology applications, food & beverage testing, environmental testing, petrochemical applications, and other applications. Biotechnology applications recorded for the biggest share of the Q-TOF mass spectrometry market in 2016towing to the increasing use of Q-TOF mass spectrometers for quantitative and qualitative analyses in the quickly increasing research areas of proteomics and metabolomics.

North America to witness the more significant increase during the estimate period

North America (NA) is anticipated to be the quickest-increasing area in the overall Q-TOF mass spectrometry market.This area is expected to register the highest compound annual growth rate (CAGR) during the outlook period.

The big share of the North American market can be accredited to the Elements such as the growing government support and growing funding for biomedical and biopharmaceutical R&D in the US.

Break of primary members taking part was as mentioned below:

• By Company category - Tier 1 - 53.0 percent, Tier 2 - 31.0 percent, and Tier 3 - 16.0 percent

• By Description - C-level Executives- 41.0 percent, Directors- 28.0 percent, and Others - 31.0 percent

• By Area - North America continent - 36.0 percent, Europe (EU) - 24.0 percent, Asia Pacific (APAC) - 29.0 percent, and rest of the world - 11.0 percent

Waters Corporation, Agilent Technologies, and SCIEX [] are the top actors in the Q-TOF mass spectrometry market. The other actors engaged in this industry contain Bruker Corporation and Shimadzu Corporation.

Segment Research

The industry report examines the Q-TOF mass spectrometry market and aims at estimating the market value and the future increase potential of this market established on different segments including application and area. The study also comprises competitive review of the top actors in this sector, together with their company descriptions, product and service offerings, latest developments, and key industries strategies.

Why Purchasing This Study Can Help You:

The analysis will increase established companies as well as new entrants/smaller companies to measure the pulse of the sector, which, in turn, would benefit them collect a better share. Companies obtaining the market research could use any one or an aggregation of the below-mentioned 5 strategies.

This industry report offers business insights on these pointers:

• Market Uptake: Exhaustive data on product and service portfolios provided by the top actors in the overall Q-TOF mass spectrometry market

• Service Enhancement/Innovative products: In-depth understanding on upcoming trends and service launches in the overall Q-TOF mass spectrometry market

• Market Development: Highlighted information about the profitable emerging sectors by application and area

• industry diversification: Complete information about new services or service enhancements, increasing geographies, recent evolutions, and market investments in the overall Q-TOF mass spectrometry market

• opposing assessment: In-depth assessment of market ranking, increase strategies, products, and services of the leading actors in the sector

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