Market Overview:
The global ICP-MS spectrometer market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for ICP-MS spectrometers from various application segments such as chemical, oil & gas, electronics and others. Additionally, the growing demand for portable ICP-MS spectrometers is also contributing to the growth of this market. However, factors such as high cost of ownership and maintenance may restrain the growth of this market during the forecast period.
Product Definition:
An ICP-MS spectrometer uses an inductively coupled plasma to ionize atoms or molecules in a sample. The ions are then separated by mass and detected using a mass spectrometer. This allows for the detection of very low concentrations of elements in a sample.
Portable:
The global portable ICP-MS spectrometer market is expected to witness significant growth over the forecast period. The demand for these devices is increasing owing to their benefits such as portability, low maintenance cost and high accuracy. In addition, they are used in industries such as pharmaceuticals and food & beverages which require accurate results.
Stationary:
Stationary is the part of spectrometer which can be moved to any position and it's used for stabilizing the sample. It has different parts like frame, rail, table top support system and clamping mechanism. The stationary part of ICP-MS spectrometer includes all these components which helps in moving the device to any desired position during an analysis.
Application Insights:
The others segment includes food, water and wastewater treatment, pulp and paper, mining, pharmaceuticals and cosmetics. The Others application segment accounted for the largest market share in 2017 owing to its wide applications across various industries. Chemical is expected to be the fastest-growing application over the forecast period owing to its wide applications in various industries such as oil & gas; electronics; food processing; water & wastewater treatment etc.
ICP-MS is widely used for analysis of chemical compounds due to its high sensitivity and accuracy making it a preferred choice among laboratories involved in research activities or production of chemicals. It has gained popularity among researchers as well as academic institutions due largely to these properties coupled with low cost compared to other spectrometers that are available in the market place at present time (2018).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for chromatography and analytical instruments, rising number of research activities by various universities and colleges, and high healthcare spending in U.S., which supports the purchase of technologically advanced equipment for drug discovery & development processes.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to growing pharmaceutical industry coupled with government support aimed at promoting medical device manufacturing in India, China, Japan, South Korea & Taiwan (ICDMT). Moreover ICP-MS spectrometer has been observed to be one of the key measurement devices used across industries including mining exploration; environmental testing; food analysis; water testing among others thus supporting regional growth as well as providing opportunities for new entrants from other regions.
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 better quality control and food safety measures, which in turn is boosting the adoption of ICP-MS spectrometers.
- Rising R&D spending by pharmaceutical and biotechnology companies: Pharmaceutical and biotechnology companies are increasingly allocating more funds towards research and development (R&D) activities to develop new drugs and therapies. This is fueling the growth of the ICP-MS spectrometer market as these devices are extensively used in R&D labs for drug discovery and development purposes.
- Growing popularity of proteomics: Proteomics is a rapidly growing field that deals with the study of proteins in biological systems. ICP-MS spectrometers are widely used in proteomics research due to their ability to detect minute amounts of proteins with high accuracy and precision. This is driving their adoption among proteomics researchers, thereby propelling the growth of the ICP-MS spectrometer market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
ICP-MS Spectrometer Market Research Report
By Type
Portable, Stationary
By Application
Chemical, Oil & Gas, Electronics, Others
By Companies
PerkinElmer, Spectro, Thermofisher, Agilent Technologies, BRUKER, HITACHI, Analytik jena, LAB-KITS, Skyray, Seiko, Shimadzu, Yokogawa
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global ICP-MS Spectrometer Market Report Segments:
The global ICP-MS Spectrometer market is segmented on the basis of:
Types
Portable, Stationary
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
Chemical, Oil & Gas, Electronics, 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:
- PerkinElmer
- Spectro
- Thermofisher
- Agilent Technologies
- BRUKER
- HITACHI
- Analytik jena
- LAB-KITS
- Skyray
- Seiko
- Shimadzu
- Yokogawa
Highlights of The ICP-MS Spectrometer 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:
- Portable
- Stationary
- By Application:
- Chemical
- Oil & Gas
- Electronics
- 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 ICP-MS Spectrometer 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
ICP-MS spectrometer is a type of mass spectrometer that uses ionization and collision to measure the masses of molecules.
Some of the key players operating in the icp-ms spectrometer market are PerkinElmer, Spectro, Thermofisher, Agilent Technologies, BRUKER, HITACHI, Analytik jena, LAB-KITS, Skyray, Seiko, Shimadzu, Yokogawa.
The icp-ms spectrometer market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. ICP-MS Spectrometer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. ICP-MS Spectrometer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. ICP-MS Spectrometer Market - Supply Chain
4.5. Global ICP-MS Spectrometer Market Forecast
4.5.1. ICP-MS Spectrometer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. ICP-MS Spectrometer Market Size (000 Units) and Y-o-Y Growth
4.5.3. ICP-MS Spectrometer Market Absolute $ Opportunity
5. Global ICP-MS Spectrometer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. ICP-MS Spectrometer Market Size and Volume Forecast by Type
5.3.1. Portable
5.3.2. Stationary
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global ICP-MS Spectrometer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. ICP-MS Spectrometer Market Size and Volume Forecast by Application
6.3.1. Chemical
6.3.2. Oil & Gas
6.3.3. Electronics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global ICP-MS Spectrometer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. ICP-MS Spectrometer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global ICP-MS Spectrometer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. ICP-MS Spectrometer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global ICP-MS Spectrometer Demand Share Forecast, 2019-2029
9. North America ICP-MS Spectrometer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America ICP-MS Spectrometer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America ICP-MS Spectrometer Market Size and Volume Forecast by Application
9.4.1. Chemical
9.4.2. Oil & Gas
9.4.3. Electronics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America ICP-MS Spectrometer Market Size and Volume Forecast by Type
9.7.1. Portable
9.7.2. Stationary
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America ICP-MS Spectrometer Demand Share Forecast, 2019-2029
10. Latin America ICP-MS Spectrometer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America ICP-MS Spectrometer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America ICP-MS Spectrometer Market Size and Volume Forecast by Application
10.4.1. Chemical
10.4.2. Oil & Gas
10.4.3. Electronics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America ICP-MS Spectrometer Market Size and Volume Forecast by Type
10.7.1. Portable
10.7.2. Stationary
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America ICP-MS Spectrometer Demand Share Forecast, 2019-2029
11. Europe ICP-MS Spectrometer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe ICP-MS Spectrometer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe ICP-MS Spectrometer Market Size and Volume Forecast by Application
11.4.1. Chemical
11.4.2. Oil & Gas
11.4.3. Electronics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe ICP-MS Spectrometer Market Size and Volume Forecast by Type
11.7.1. Portable
11.7.2. Stationary
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe ICP-MS Spectrometer Demand Share, 2019-2029
12. Asia Pacific ICP-MS Spectrometer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific ICP-MS Spectrometer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific ICP-MS Spectrometer Market Size and Volume Forecast by Application
12.4.1. Chemical
12.4.2. Oil & Gas
12.4.3. Electronics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific ICP-MS Spectrometer Market Size and Volume Forecast by Type
12.7.1. Portable
12.7.2. Stationary
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific ICP-MS Spectrometer Demand Share, 2019-2029
13. Middle East & Africa ICP-MS Spectrometer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa ICP-MS Spectrometer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa ICP-MS Spectrometer Market Size and Volume Forecast by Application
13.4.1. Chemical
13.4.2. Oil & Gas
13.4.3. Electronics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa ICP-MS Spectrometer Market Size and Volume Forecast by Type
13.7.1. Portable
13.7.2. Stationary
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa ICP-MS Spectrometer Demand Share, 2019-2029
14. Competition Landscape
14.1. Global ICP-MS Spectrometer Market: Market Share Analysis
14.2. ICP-MS Spectrometer Distributors and Customers
14.3. ICP-MS Spectrometer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PerkinElmer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Spectro
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thermofisher
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Agilent Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BRUKER
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HITACHI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Analytik jena
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LAB-KITS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Skyray
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Seiko
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shimadzu
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yokogawa
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook