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Mass Spectrometer Market Share

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Report ID: 4222
Published Date: Oct 10, 2024
Report Format: PDF, PPT

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Mass Spectrometer Market Share

North America Market Forecast

The North America market, amongst the market in all the other regions, is projected to hold the largest market share of 38% by the end of 2037. This can be accredited to the rising investments in the pharmaceutical industries along with growing technological advancements in the region. According to statistics, the pharmaceutical industry in United States spent about USD 80 billion on research and design development in the year 2019.

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Browse Key Market Insights with Data Illustration:

Mass Spectrometer Market Size & Share, Growth Trends 2037

Author Credits: Radhika Pawar

Report ID: 4222
Published Date: Oct 10, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of mass spectrometer is evaluated at USD 8.63 billion.

The mass spectrometer market size was valued at USD 8.09 billion in 2024 and is poised to exceed USD 23.01 billion by the end of 2037, expanding at over 8.3% CAGR during the forecast period i.e., between 2025-2037. Growth of pharmaceutical industry and rising number of clinical laboratories globally will drive the market growth.

North America industry is expected to account for 38% of the revenue share by 2037, due to rising investments in the pharmaceutical industries along with growing technological advancements in the region.

The major players in the market include Agilent Technologies Inc., Thermo Fisher Scientific Inc., Waters Corporation, PerkinElmer, Shimadzu Corporation, Analytik Jena, Jeol, Regaku, Dani Instruments, Bruker Corporation.

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