Market Overview:
The global mass spec software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mass spectrometry (MS) technology across various industries and the growing need for advanced software solutions for data analysis and management. On-premise mass spec software held a major share of the global market in 2017, owing to its advantages such as improved security and control over data. However, cloud-based mass spec software is expected to grow at a higher CAGR during the forecast period, due to its lower cost and easy accessibility. Pharmaceutical companies are one of the key users of MS technology and account for a significant share of the global market for mass spectrometry instruments. The increasing use of MS technology in drug discovery and development is driving demand for advanced software solutions among pharmaceutical companies worldwide. Research organizations are also increasingly adopting MS technology for proteomics research, biomarker identification, etc.
Product Definition:
The term “mass spec software” typically refers to a suite of software tools used to analyze data generated by mass spectrometers. These tools can be used to identify and quantify the components of a sample, as well as map their relative abundance. Mass spec software is important for two primary reasons: first, because it allows researchers to quickly and easily analyze large amounts of data; second, because it can help them identify trends or patterns in their data that might not be otherwise apparent.
On-Premise:
On-premise software is a type of Mass Spectrometry software that is installed and used on the end user's premises. It can be either standalone or networked with other complementary technologies such as LC/MS, GC/MS, EI/MS, among others. On-premise mass spectrometry software provides data management & analysis features along with the capability to share data over a network in real time which enhances its utility in research and development activities.
Cloud Based:
Cloud Based is a software-as-a-service platform that provides data storage facility on pay per use basis. It offers benefits such as easy accessibility, cost effectiveness and flexibility to the user. The major advantage of this service is that it allows scientists to store their data and access it from any place or any device with high speed.
It also helps in reducing the time taken for results by eliminating the need for transferring data from one system to another which reduces errors.
Application Insights:
The others application segment includes the use of mass spec software by governments, public and private laboratories, healthcare providers and educational institutions. The pharmaceutical companies are expected to be the major revenue contributor in this segment owing to increasing R&D activities at Pharmaceutical companies. Increasing investments by pharmaceutical companies for drug discovery & development is also a key factor for market growth.
Increasing government support for research in various countries including U.S., China, India, Brazil etc has resulted in an increased number of research organizations that conduct bio-analytical studies on a regular basis which further contributes to the growth of this industry globally as well as regionally speaking. For instance; In 2017 alone; over 200 new chemical entities have been registered with FDA through new drug applications (NDAs).
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of players coupled with the high adoption rate of advanced technologies is expected to drive growth over the forecast period. Furthermore, increasing investments by governments for drug discovery and development are anticipated to propel regional growth during the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to factors such as improving healthcare infrastructure and growing demand for on-demand computing power from research organizations, pharmaceutical companies, CROs and universities in this region. Moreover, an increase in government initiatives aimed at promoting medical tourism is also likely to contribute towards regional market expansion during the same period (2018 - 2030). For instance, according Mass Spec Solutions Asia Pte Ltd., Singapore has emerged as one of Asia’s top five destinations for mass spectrometry based life science research along with Japan (fourth), China (third) Australia & New Zealand (second) and India & South Korea(first).
Growth Factors:
- Increasing demand for mass spectrometry in life sciences and proteomics research
- Rising popularity of next-generation sequencing (NGS) technology
- Growing use of mass spectrometry in food and beverage industry
- Proliferation of contract research organizations (CROs) and clinical laboratories
- Emergence of new applications for mass spectrometry
Scope Of The Report
Report Attributes
Report Details
Report Title
Mass Spec Software Market Research Report
By Type
On-Premise, Cloud Based
By Application
Pharmaceutical Companies, Research Organizations, Others
By Companies
Thermo Fisher Scientific, Agilent Technologies, Sciex, Bruker, Shimadzu, Waters, ACD/Labs, Advion, Genedata, Adaptas Solutions (SIS)
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Mass Spec Software Market Report Segments:
The global Mass Spec Software market is segmented on the basis of:
Types
On-Premise, Cloud Based
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
Pharmaceutical Companies, Research Organizations, Others
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
- Agilent Technologies
- Sciex
- Bruker
- Shimadzu
- Waters
- ACD/Labs
- Advion
- Genedata
- Adaptas Solutions (SIS)
Highlights of The Mass Spec Software 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:
- On-Premise
- Cloud Based
- By Application:
- Pharmaceutical Companies
- Research Organizations
- Others
- 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 Mass Spec Software 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
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?
Mass Spec Software is a software company that specializes in the development of mass spectrometry software.
Some of the major companies in the mass spec software market are Thermo Fisher Scientific, Agilent Technologies, Sciex, Bruker, Shimadzu, Waters, ACD/Labs, Advion, Genedata, Adaptas Solutions (SIS).
The mass spec software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mass Spec Software 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 Mass Spec Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mass Spec Software 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 Mass Spec Software 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 Mass Spec Software Market Size & Forecast, 2018-2028
4.5.1 Mass Spec Software Market Size and Y-o-Y Growth
4.5.2 Mass Spec Software Market Absolute $ Opportunity
Chapter 5 Global Mass Spec Software 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 Mass Spec Software Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mass Spec Software 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 Mass Spec Software Market Size Forecast by Applications
6.2.1 Pharmaceutical Companies
6.2.2 Research Organizations
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mass Spec Software 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 Mass Spec Software 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 Mass Spec Software Analysis and Forecast
9.1 Introduction
9.2 North America Mass Spec Software 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 Mass Spec Software Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Cloud Based
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 Mass Spec Software Market Size Forecast by Applications
9.10.1 Pharmaceutical Companies
9.10.2 Research Organizations
9.10.3 Others
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 Mass Spec Software Analysis and Forecast
10.1 Introduction
10.2 Europe Mass Spec Software 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 Mass Spec Software Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Cloud Based
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 Mass Spec Software Market Size Forecast by Applications
10.10.1 Pharmaceutical Companies
10.10.2 Research Organizations
10.10.3 Others
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 Mass Spec Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mass Spec Software 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 Mass Spec Software Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Cloud Based
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 Mass Spec Software Market Size Forecast by Applications
11.10.1 Pharmaceutical Companies
11.10.2 Research Organizations
11.10.3 Others
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 Mass Spec Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Mass Spec Software 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 Mass Spec Software Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Cloud Based
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 Mass Spec Software Market Size Forecast by Applications
12.10.1 Pharmaceutical Companies
12.10.2 Research Organizations
12.10.3 Others
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) Mass Spec Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mass Spec Software 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) Mass Spec Software Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Cloud Based
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) Mass Spec Software Market Size Forecast by Applications
13.10.1 Pharmaceutical Companies
13.10.2 Research Organizations
13.10.3 Others
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 Mass Spec Software Market: Competitive Dashboard
14.2 Global Mass Spec Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Agilent Technologies
14.3.3 Sciex
14.3.4 Bruker
14.3.5 Shimadzu
14.3.6 Waters
14.3.7 ACD/Labs
14.3.8 Advion
14.3.9 Genedata
14.3.10 Adaptas Solutions (SIS)
