Market Overview:
The Global Isotope Ratio Mass Spectrometry (IRMS) Market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for IRMS in environmental sciences, food analysis, medical and industrial applications. The hardware segment accounted for the largest share of the global IRMS market in 2017 and is projected to grow at a CAGR of 6.8% from 2018 to 2030.
 Industry Outlook.svg)
Product Definition:
Isotope Ratio Mass Spectrometry (IRMS) is a laboratory technique that is used to measure the relative amounts of isotopes in a sample. This information can be used to determine the age of a sample, or to track the movement of materials through the environment.
Hardware:
Hardware is the part of a mass spectrometer that includes vacuum system, ionization chamber, magnetic field generator and analyzer. Hardware has been growing at a fast pace in recent years due to its increasing demand for drug discovery applications and rising R&D activities related to proteomics & metabolomics. Mass spectrometry is an important tool for pharmaceutical industries as it helps them in discovering new drugs by analyzing the proteins & metabolites from biological samples such as urine, blood or tissue.
Software:
Software and it's usage in isotope ratio mass spectrometry (IRMS) market is used for the quantitative determination of different isotopes in a sample. The most commonly used software is called IsoRay which was developed by Thermo Fisher Scientific, Inc. It works on the principle that every atom has a unique set of radioactive decay series, hence it can be identified irrespective of their size or other properties.
Application Insights:
The global isotope ratio mass spectrometry (IRMS) market by application is categorized into environmental sciences, food analysis, medical, industrial and others. The environmental sciences segment dominated the overall industry in terms of revenue in 2017. This was attributed to the rising number of research activities pertaining to natural resources and pollution in various regions across the globe.
Food analysis is expected to be one of the fastest-growing segments over the forecast period owing to a rise in demand for precise measurement of nutritional components such as nitrogen, carbon 14/carbon 12 and sulfur compounds present in foodstuffs. Rising awareness about nutrition among individuals has resulted in an increased demand for these analyzers that are used by researchers during studies related to nutrition or agriculture applications globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of global players and increased adoption of advanced technology across various sectors. Moreover, increasing demand for food products with low levels of contaminants is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising environmental concerns coupled with growing industrialization in emerging economies such as India and China.
The Middle East & Africa (MEA) region accounted for a relatively higher share owing its high oil & gas exploration activities that generate huge amounts related data which requires accurate analytical methods for proper management thus driving IRMS demand within MEA sector.
Growth Factors:
- Increasing demand for food safety and quality control: The global food industry is growing at a rapid pace. This is driving the demand for IRMS technology, as it helps in ensuring food safety and quality.
- Rising awareness about the benefits of IRMS: The benefits of IRMS technology are gradually being realized by businesses and consumers alike. This is resulting in an increase in its adoption across different industries.
- Growing R&D spending by pharmaceutical companies: Pharmaceutical companies are increasingly allocating more funds towards R&D to develop new drugs and therapies. This is benefiting the IRMS market as these companies are increasingly adopting this technology to detect impurities in their products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Isotope Ratio Mass Spectrometry (IRMS) Market Research Report
By Type
Hardware, Software
By Application
Environmental Sciences, Food Analysis, Medical, Industrial
By Companies
Thermo Fisher Scientific, Elementar, Sercon, AMETEK (Nu)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Isotope Ratio Mass Spectrometry (IRMS) Market Report Segments:
The global Isotope Ratio Mass Spectrometry (IRMS) market is segmented on the basis of:
Types
Hardware, Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Environmental Sciences, Food Analysis, Medical, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher Scientific
- Elementar
- Sercon
- AMETEK (Nu)
 Market Overview.svg)
Highlights of The Isotope Ratio Mass Spectrometry (IRMS) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- By Application:
- Environmental Sciences
- Food Analysis
- Medical
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Isotope Ratio Mass Spectrometry (IRMS) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Isotope ratio mass spectrometry (IRMS) is a type of mass spectrometry that uses isotopes to identify and quantify molecules. By measuring the amount of different isotopes present in a sample, IRMS can provide detailed information about the composition of that sample. This information can be used to help researchers understand the chemical makeup of substances, and it can also be used to determine the age or origin of materials.
Some of the major companies in the isotope ratio mass spectrometry (irms) market are Thermo Fisher Scientific, Elementar, Sercon, AMETEK (Nu).
The isotope ratio mass spectrometry (irms) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isotope Ratio Mass Spectrometry (IRMS) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Isotope Ratio Mass Spectrometry (IRMS) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Isotope Ratio Mass Spectrometry (IRMS) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Isotope Ratio Mass Spectrometry (IRMS) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Isotope Ratio Mass Spectrometry (IRMS) Market Size & Forecast, 2018-2028
4.5.1 Isotope Ratio Mass Spectrometry (IRMS) Market Size and Y-o-Y Growth
4.5.2 Isotope Ratio Mass Spectrometry (IRMS) Market Absolute $ Opportunity
Chapter 5 Global Isotope Ratio Mass Spectrometry (IRMS) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Isotope Ratio Mass Spectrometry (IRMS) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Applications
6.2.1 Environmental Sciences
6.2.2 Food Analysis
6.2.3 Medical
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isotope Ratio Mass Spectrometry (IRMS) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Isotope Ratio Mass Spectrometry (IRMS) Analysis and Forecast
9.1 Introduction
9.2 North America Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Applications
9.10.1 Environmental Sciences
9.10.2 Food Analysis
9.10.3 Medical
9.10.4 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Isotope Ratio Mass Spectrometry (IRMS) Analysis and Forecast
10.1 Introduction
10.2 Europe Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Applications
10.10.1 Environmental Sciences
10.10.2 Food Analysis
10.10.3 Medical
10.10.4 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Isotope Ratio Mass Spectrometry (IRMS) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Applications
11.10.1 Environmental Sciences
11.10.2 Food Analysis
11.10.3 Medical
11.10.4 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Isotope Ratio Mass Spectrometry (IRMS) Analysis and Forecast
12.1 Introduction
12.2 Latin America Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Applications
12.10.1 Environmental Sciences
12.10.2 Food Analysis
12.10.3 Medical
12.10.4 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Isotope Ratio Mass Spectrometry (IRMS) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Isotope Ratio Mass Spectrometry (IRMS) Market Size Forecast by Applications
13.10.1 Environmental Sciences
13.10.2 Food Analysis
13.10.3 Medical
13.10.4 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Isotope Ratio Mass Spectrometry (IRMS) Market: Competitive Dashboard
14.2 Global Isotope Ratio Mass Spectrometry (IRMS) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Elementar
14.3.3 Sercon
14.3.4 AMETEK (Nu)
