Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global LC-MS Market by Type (Single Quadrupole LC-MS, Triple Quadrupole LC-MS, Ion Trap LC-MS, Others), By Application (Academic, Pharma, Food & Environment & Forensic, Clinical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global LC-MS Market by Type (Single Quadrupole LC-MS, Triple Quadrupole LC-MS, Ion Trap LC-MS, Others), By Application (Academic, Pharma, Food & Environment & Forensic, Clinical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130047 3300 Machinery & Equipment 377 235 Pages 4.5 (37)

Market Overview:

The global LC-MS 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 LC-MS systems from academic and pharmaceutical research institutes, and the growing need for food safety and quality control. In addition, the increasing use of LC-MS systems in forensic investigations is also contributing to the growth of this market. However, factors such as high cost of these systems and lack of skilled professionals are restraining the growth of this market. On the basis of type, single quadrupole LC-MS held a major share in 2017 owing to its low cost and easy operability as compared to other types such as triple quadrupole LC-MS and ion trap LC-MS.

Global LC-MS Industry Outlook

Product Definition:

LC-MS is a technique used to analyze the chemical composition of a sample. It is used to identify and quantify the components of a sample. LC-MS can be used to detect small molecules, peptides, and proteins. The importance of LC-MS is that it can provide detailed information about the composition of a sample.

Single Quadrupole LC-MS:

Single Quadrupole LC-MS (SP-LC-MS) is a new generation liquid chromatography/mass spectrometry system. It offers high speed, higher resolution and mass accuracy over traditional tandem quadrupole (Q4T) LC/MS systems.

The key factor that differentiates single quadrupole from the conventional Q4T is its ability to separate chiral compounds and resolve enantiomers in racemic mixtures.

Triple Quadrupole LC-MS:

Triple quadrupole LC-MS is an advanced liquid chromatography system that allows the separation of molecules based on their molecular weight. It is a high performance and robust system, which can separate compounds based on different polarity and ionic strength.

Application Insights:

The academic sector dominated the global market in terms of revenue share in 2017. This is attributed to increasing number of research projects and initiatives undertaken by various organizations, governments, and institutions for developing new applications for LC-MS techniques. For instance, as per an article published by Chemical & Engineering News (A&E), it was estimated that around 15% to 20% of the total R&D expenditure goes into developing novel technologies. Similarly, a study carried out by EurekAlert! states that around 11% to 13% of total R&D budget is spent on environmental sciences annually. Thus, it can be concluded that there is a high demand for innovative technologies related to LC-MS in academic applications across the globe.

Pharma application segment accounted for over 21% share in 2017 owing to extensive use of liquid chromatography coupled with mass spectrometry techniques throughout drug discovery and development processes from compound identification till clinical trials phases.

Regional Analysis:

North America dominated the global market in 2017. This can be attributed to presence of a large number of key players, increasing R&D investments by these companies and well-established healthcare infrastructure. Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising disposable income, improving healthcare facilities and growing pharmaceutical industry in this region. Moreover, government initiatives such as “Make in India” campaign by Indian government are expected to create ample opportunities for foreign investors especially from Germany and Switzerland who have been investing heavily in this sector since last few years due to which ion source manufacturers are also coming up with new products catering this regional demand for LC-MS equipment.

Moreover, Latin America has also witnessed significant increase in research activities across various sectors including biotechnology & pharmaceuticals industries resulting into high demand for LC instrumentsation coupled with MS techniques that will fuel the regional market growth during the forecast period.

Growth Factors:

  • Increasing demand for LC-MS in the pharmaceutical and biotechnology industries for drug discovery and development.
  • Rising demand from academic research institutes for proteomics and metabolomics research.
  • Growing use of LC-MS in food safety testing and environmental monitoring.
  • Increasing application of LC-MS in forensics and law enforcement agencies for forensic analysis purposes.

Scope Of The Report

Report Attributes

Report Details

Report Title

LC-MS Market Research Report

By Type

Single Quadrupole LC-MS, Triple Quadrupole LC-MS, Ion Trap LC-MS, Others

By Application

Academic, Pharma, Food & Environment & Forensic, Clinical

By Companies

Thermo Fisher Scientific, Waters, Agilent Technologies, Shimadzu, PerkinElmer, SCIEX, Bruker, ...

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 LC-MS Market Report Segments:

The global LC-MS market is segmented on the basis of:


Single Quadrupole LC-MS, Triple Quadrupole LC-MS, Ion Trap LC-MS, Others

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.


Academic, Pharma, Food & Environment & Forensic, Clinical

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. Thermo Fisher Scientific
  2. Waters
  3. Agilent Technologies
  4. Shimadzu
  5. PerkinElmer
  6. SCIEX
  7. Bruker
  8. ...

Global LC-MS Market Overview

Highlights of The LC-MS 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. Single Quadrupole LC-MS
    2. Triple Quadrupole LC-MS
    3. Ion Trap LC-MS
    4. Others
  1. By Application:

    1. Academic
    2. Pharma
    3. Food & Environment & Forensic
    4. Clinical
  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 LC-MS 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

Global LC-MS 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?

LC-MS is an acronym for liquid chromatography mass spectrometry. It is a powerful analytical technique that can be used to identify and quantify molecules in a sample. LC-MS can be used to analyze both small and large samples, making it a versatile tool for research and drug development.

Some of the major companies in the lc-ms market are Thermo Fisher Scientific, Waters, Agilent Technologies, Shimadzu, PerkinElmer, SCIEX, Bruker.

The lc-ms market is expected to register a CAGR of 7.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. LC-MS 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. LC-MS Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. LC-MS Market - Supply Chain
   4.5. Global LC-MS Market Forecast
      4.5.1. LC-MS Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. LC-MS Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. LC-MS Market Absolute $ Opportunity

5. Global LC-MS 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. LC-MS Market Size and Volume Forecast by Type
      5.3.1. Single Quadrupole LC-MS
      5.3.2. Triple Quadrupole LC-MS
      5.3.3. Ion Trap LC-MS
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global LC-MS 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. LC-MS Market Size and Volume Forecast by Application
      6.3.1. Academic
      6.3.2. Pharma
      6.3.3. Food & Environment & Forensic
      6.3.4. Clinical
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global LC-MS 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. LC-MS 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 LC-MS 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. LC-MS 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 LC-MS Demand Share Forecast, 2019-2029

9. North America LC-MS 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 LC-MS 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 LC-MS Market Size and Volume Forecast by Application
      9.4.1. Academic
      9.4.2. Pharma
      9.4.3. Food & Environment & Forensic
      9.4.4. Clinical
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America LC-MS Market Size and Volume Forecast by Type
      9.7.1. Single Quadrupole LC-MS
      9.7.2. Triple Quadrupole LC-MS
      9.7.3. Ion Trap LC-MS
      9.7.4. Others
   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 LC-MS Demand Share Forecast, 2019-2029

10. Latin America LC-MS 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 LC-MS 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 LC-MS Market Size and Volume Forecast by Application
      10.4.1. Academic
      10.4.2. Pharma
      10.4.3. Food & Environment & Forensic
      10.4.4. Clinical
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America LC-MS Market Size and Volume Forecast by Type
      10.7.1. Single Quadrupole LC-MS
      10.7.2. Triple Quadrupole LC-MS
      10.7.3. Ion Trap LC-MS
      10.7.4. Others
   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 LC-MS Demand Share Forecast, 2019-2029

11. Europe LC-MS 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 LC-MS 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 LC-MS Market Size and Volume Forecast by Application
      11.4.1. Academic
      11.4.2. Pharma
      11.4.3. Food & Environment & Forensic
      11.4.4. Clinical
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe LC-MS Market Size and Volume Forecast by Type
      11.7.1. Single Quadrupole LC-MS
      11.7.2. Triple Quadrupole LC-MS
      11.7.3. Ion Trap LC-MS
      11.7.4. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractieness/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 LC-MS Demand Share, 2019-2029

12. Asia Pacific LC-MS 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 LC-MS 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 LC-MS Market Size and Volume Forecast by Application
      12.4.1. Academic
      12.4.2. Pharma
      12.4.3. Food & Environment & Forensic
      12.4.4. Clinical
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific LC-MS Market Size and Volume Forecast by Type
      12.7.1. Single Quadrupole LC-MS
      12.7.2. Triple Quadrupole LC-MS
      12.7.3. Ion Trap LC-MS
      12.7.4. Others
   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 LC-MS Demand Share, 2019-2029

13. Middle East & Africa LC-MS 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 LC-MS 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 LC-MS Market Size and Volume Forecast by Application
      13.4.1. Academic
      13.4.2. Pharma
      13.4.3. Food & Environment & Forensic
      13.4.4. Clinical
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa LC-MS Market Size and Volume Forecast by Type
      13.7.1. Single Quadrupole LC-MS
      13.7.2. Triple Quadrupole LC-MS
      13.7.3. Ion Trap LC-MS
      13.7.4. Others
   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 LC-MS Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global LC-MS Market: Market Share Analysis
   14.2. LC-MS Distributors and Customers
   14.3. LC-MS Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Thermo Fisher Scientific Overview Financials Developments Strategic Outlook
      14.4.2. Waters Overview Financials Developments Strategic Outlook
      14.4.3. Agilent Technologies Overview Financials Developments Strategic Outlook
      14.4.4. Shimadzu Overview Financials Developments Strategic Outlook
      14.4.5. PerkinElmer Overview Financials Developments Strategic Outlook
      14.4.6. SCIEX Overview Financials Developments Strategic Outlook
      14.4.7. Bruker Overview Financials Developments Strategic Outlook
      14.4.8. ... Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 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

Our Trusted Clients

Contact Us