Mass Spectrometer Market Analysis

Product Type (Hybrid Mass Spectrometry, Single Mass Spectrometry)

The global mass spectrometer market is segmented and analyzed for demand and supply by product type into hybrid mass spectrometry, and single mass spectrometry. Out of these, the hybrid mass spectrometry segment held the largest market share of 62% in the year 2022 owing to the widespread application and higher level of performance compared to other types of spectrometers. Further, the market is divided by application into life science research, drug discovery, food testing, and others. Out of these segments, the drug discovery segment is anticipated to garner a significant market share owing to the rising investment in the research and development of new drugs with the increasing burden of diseases. According to recent figures, the United States is estimated to spend around USD 610 billion on medicine in 2025.

Our in-depth analysis of the global market includes the following segments: