Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global ICP-MS Spectrometer Market by Type (Portable, Stationary), By Application (Chemical, Oil & Gas, Electronics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global ICP-MS Spectrometer Market by Type (Portable, Stationary), By Application (Chemical, Oil & Gas, Electronics, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139074 3300 Machinery & Equipment 377 239 Pages 4.8 (46)

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.

Global ICP-MS Spectrometer Industry Outlook

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.


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 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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. PerkinElmer
  2. Spectro
  3. Thermofisher
  4. Agilent Technologies
  7. Analytik jena
  9. Skyray
  10. Seiko
  11. Shimadzu
  12. Yokogawa

Global ICP-MS Spectrometer Market Overview

Highlights of The ICP-MS Spectrometer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Portable
    2. Stationary
  1. By Application:

    1. Chemical
    2. Oil & Gas
    3. Electronics
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Global ICP-MS Spectrometer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Spectro Overview Financials Developments Strategic Outlook
      14.4.3. Thermofisher Overview Financials Developments Strategic Outlook
      14.4.4. Agilent Technologies Overview Financials Developments Strategic Outlook
      14.4.5. BRUKER Overview Financials Developments Strategic Outlook
      14.4.6. HITACHI Overview Financials Developments Strategic Outlook
      14.4.7. Analytik jena Overview Financials Developments Strategic Outlook
      14.4.8. LAB-KITS Overview Financials Developments Strategic Outlook
      14.4.9. Skyray Overview Financials Developments Strategic Outlook
      14.4.10. Seiko Overview Financials Developments Strategic Outlook
      14.4.11. Shimadzu Overview Financials Developments Strategic Outlook
      14.4.12. Yokogawa Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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