The growing advancement of mass spectrometry in recent years will increase the market growth. Strict government regulations in food and drug development for consumer safety and method validation demand the adaptation and use of mass spectrometry. Ion chromatography mass spectrometry has extensive applications in the food, pharmaceutical, and biotechnology industries. The growing advancement of mass spectrometry in recent years will increase the market growth. It helps in clinical testing of protein identification and quantitative drug analysis, proteomics, pharmacokinetics, biomarker discovery, food nutritional composition testing, and environmental testing.
According to Data Bridge Market Research the Ion Chromatography Mass Spectrometry Market which was USD 2.60 billion in 2022, is expected to reach USD 4.88 billion by 2030, at a CAGR of 8.2% during the forecast period 2023 to 2030.
“Increasing Advancements of Mass Spectrophotometry Increase the Market Growth”
The growing advancement of mass spectrometry in the latest years will increase the market growth. Strict government regulations in food and drug development for consumer safety and method validation demands the wide use of mass spectrometry. For instance, the FDA published a report in May 2019, stating a method for detecting six nitrosamine impurities present in ARB drugs. The high-mass accuracy (HRAM) mass spectrometer, also termed as a high-resolution spectrometer, is the ultimate technique for detecting the accurate value of m/z in deprotonated and protonated impurity ions. These FDA-described methods are boosting the market demand for high-mass accuracy (HRAM) mass spectrometers. Such legislation stimulates the use of mass spectrometry in a number of industries, boosting market growth in the forecast period. Therefore, this factor increases the market growth.
What restraints the growth of Global Ion Chromatography Mass Spectrometry Market?
“Lack of Skilled Professionals”
Experienced and skilled professionals are required with relevant information for the efficient use of spectrometry equipment. Misplacing a sample in GC-MS and LC-MS or maybe the visibility of fingerprints and bubbles in the solution highly affect the quality of the final outcome. The lack of knowledge associated with the adoption of right technology may result in unnecessary expenses. In the current times, there is a lack of skilled personnel somehow restraints the market growth.
Segmentation: Global Ion Chromatography Mass Spectrometry Market
The ion chromatography mass spectrometry market is segmented on the basis of type, platform, work flow, mode of operation, end-user and distribution channel.
- Based on type, the ion chromatography mass spectrometry market is segmented into systems, software.
- Based on platform, the market is segmented into hybrid mass spectrometry, single mass spectrometry, other platforms.
- Based on workflow, the market is segmented into electrospray Ionization (ESI), atmospheric pressure chemical ionization (APCI), others.
- Based on mode of operation, the market is segmented into single ion monitoring (SIM), selected reaction monitoring (SRM), high-resolution accurate mass (HRAM), work flow (electrospray ionization (ESI), atmospheric pressure chemical ionization (APCI), others.
- Based on distribution channel, the market is segmented into direct tender, retail sales.
- Based on end user, the market is segmented into biotechnology companies, pharmaceutical companies, food and beverage companies, contract research organizations, diagnostic centers, forensic laboratories, hospitals, academic and research institutes, others.
Regional Insights: North America is expected to dominate the Global Ion Chromatography Mass Spectrometry Market
North America dominates the market because of the high distribution in the U.S. industries required for analytical processes. Also, increasing product launches, mergers, and acquisitions strategies adopted by market players are increasing the growth of the market.
Asia-Pacific is expected to grow in the forecast period of 2023-2030 because of growing business expansion and development of biotechnology industries. The increased adaptation of quality control and analytical processes by the food and beverage and pharmaceutical industries is also considered as a major factor boosting the growth. For instance, the overall new launches of therapeutics in Japan was about 7.1% as per the European Federation of Pharmaceutical Industries and Associations in 2017, because of their growing expenditure in development of therapeutic proteins.
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Recent Developments in Global Ion Chromatography Mass Spectrometry Market
- In 2022, Bio-Rad launched EconoFit Chromatography Column packs that include cation, mixed-mode, and anion exchange resin columns and a pack designed for polyhistidine protein purification.
- In 2022, Thermofisher launched quat pesticide determination and quantitation workflows to protect the food supply. It enables scientists to easily and accurately detect and quantify cationic pesticides.
- In 2019, Thermo Fisher Scientific Inc. achieved a new ion chromatography tandem known as mass spectrometry (IC-MS/MS) analytical workflow. The workflow is meant to help food testing laboratories overcome the challenges of liquid chromatography tandem analysis using mass spectrometry (LC-MS/MS).
The Prominent Key Players Operating in the Global Ion Chromatography Mass Spectrometry Market Include:
- Axel Semrau GmbH & Co. KG (Germany)
- Bruker (U.S.)
- Cecil Instrumentation Services Ltd. (U.K.)
- General Electric (U.S.)
- Hitachi High-Tech America, Inc. (Japan)
- JASCO Corporation (Japan)
- KNAUER Wissenschaftliche Geräte GmbH (Germany)
- SEDERE (France)
- Sykam GmbH (Germany)
- Waters Corporation. (U.S.)
- Agilent Technologies, Inc. (U.S.)
- Scion Instruments (Netherlands)
- Gilson Incorporated. (U.S.)
- PerkinElmer Inc. (U.S.)
- Bio-Rad Laboratories, Inc. (U.S.)
- Restek Corporation. (U.S.)
- Thermo Fisher Scientific Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global ion chromatography mass spectrometry market companies contact, https://www.databridgemarketresearch.com/ru/contact
Research Methodology: Global Ion Chromatography Mass Spectrometry Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
