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Q-TOF Mass Spectrometry Market by Application, and Region - Global Forecast to 2022

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    Report

  • 104 Pages
  • July 2018
  • Region: Global
  • Markets and Markets
  • ID: 4590627

Q-TOF mass spectrometry market is projected to grow at a CAGR of 7.7%

The global Q-TOF mass spectrometry market is expected to reach USD 1,009.7 million by 2022 from USD 698.4 million in 2017, at a CAGR of 7.7%. The key factors driving the growth of the overall Q-TOF mass spectrometry market include the high investments in pharmaceutical research and development, favorable government initiatives, and increased focus on producing high-quality food. However, the high instrument costs and a dearth of professionals to make effective use of the technology hinders the market growth to a certain extent.

The market for biotechnology applications is projected to grow at the highest CAGR during the forecast period

On the basis of application, the market is segmented into pharmaceutical applications, biotechnology applications, food & beverage testing, environmental testing, petrochemical applications, and other applications. Biotechnology applications accounted for the largest share of the Q-TOF mass spectrometry market in 2016towing to the growing use of Q-TOF mass spectrometers for quantitative and qualitative analyses in the rapidly growing research areas of proteomics and metabolomics.

North America to witness the highest growth during the forecast period

North America is expected to be the fastest-growing region in the global Q-TOF mass spectrometry market. This region is projected to register the highest CAGR during the forecast period. The large share of the North American market can be attributed to the factors such as the increasing government support and rising funding for biomedical and biopharmaceutical R&D in the US.

Break of primary participants was as mentioned below:

  • By Company Type - Tier 1 - 53%, Tier 2 - 31%, and Tier 3 - 16%
  • By Designation - C-level Executives- 41%, Directors- 28%, and Others - 31%
  • By Region - North America - 36%, Europe - 24%, Asia Pacific - 29%, and RoW - 11%

Waters Corporation (US), Agilent Technologies (US), and SCIEX [(a part of Danaher Corporation (US)] are the key players in the Q-TOF mass spectrometry market. The other players involved in this market include Bruker Corporation (US) and Shimadzu Corporation (Japan).

Research Coverage:

The report analyzes the Q-TOF mass spectrometry market and aims at estimating the market size and the future growth potential of this market based on various segments such as application and region. The report also includes competitive analysis of the key players in this market, along with their company profiles, product and service offerings, recent developments, and key market strategies.

Reasons to Buy the Report:

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a larger share. Firms purchasing the report could use any one or a combination of the below-mentioned 5 strategies.

This report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on product and service portfolios offered by the top players in the global Q-TOF mass spectrometry market
  • Service Enhancement/Innovation: Detailed insights on upcoming trends and service launches in the global Q-TOF mass spectrometry market
  • Market Development: Comprehensive information about the lucrative emerging markets by application and region
  • Market Diversification: Exhaustive information about new services or service enhancements, growing geographies, recent developments, and investments in the global Q-TOF mass spectrometry market
  • Competitive Assessment: In-depth assessment of market ranking, growth strategies, products, and services of the leading players in the market

Table of Contents

1 Introduction
1.1 Objectives of Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Research
2.2.2.1 Primary Sources
2.2.2.2 Key Insights From Primary Sources
2.3 Market Size Estimation Methodology
2.4 Market Forecast Methodology
2.5 Market Data Validation and Triangulation
2.6 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Q-TOF Mass Spectrometry: Market Overview
4.2 Asia Pacific Market, By Application, 2017
4.3 Market, By Application, 2017 vs 2022 (USD Million)
4.4 Geographic Snapshot of the Q-TOF Mass Spectrometry Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Technological Advancements in Q-TOF Mass Spectrometry
5.2.1.2 Government Initiatives for Pollution Control and Environmental Testing
5.2.1.3 Increasing Spending on Pharmaceutical and Biotechnological R&D
5.2.1.4 Government Regulations on Drug Safety
5.2.1.5 Growing Focus on Ensuring Food Quality
5.2.2 Restraint
5.2.2.1 High Cost of Q-TOF Mass Spectrometers
5.2.3 Opportunity
5.2.3.1 Opportunities in Emerging Markets
5.2.4 Challenge
5.2.4.1 Dearth of Skilled Professionals
6 Q-TOF Mass Spectrometry Market, By Application
6.1 Introduction
6.2 Biotechnology Applications
6.3 Pharmaceutical Applications
6.4 Food & Beverage Testing
6.5 Environmental Testing
6.6 Petrochemical Applications
6.7 Other Applications
7 Q-TOF Mass Spectrometry Market, By Region
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 France
7.3.4 Spain
7.3.5 Italy
7.3.6 Rest of Europe (RoE)
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World (RoW)
8 Competitive Landscape
8.1 Overview
8.2 Ranking of Players, 2017
8.3 Competitive Scenario
8.3.1 Expansions
8.3.2 Product Launches
8.3.3 Collaborations and Agreements
8.3.4 Acquisitions
9 Company Profiles
9.1 Waters Corporation
9.2 Agilent Technologies
9.3 Sciex (A Subsidiary of Danaher)
9.4 Bruker
9.5 Shimadzu Corporation
10 Appendix
10.1 Discussion Guide of the Global Q-TOF Mass Spectroscopy Market
10.2 Knowledge Store: Subscription Portal
10.3 Introducing RT: Real-Time Market Intelligence
10.4 Available Customizations
10.5 Related Reports
10.6 Author Details
List of Tables
Table 1 Indicative List of Recent Product Launches
Table 2 Government Initiatives
Table 3 Funding for Environmental Testing and Pollution Control Programs
Table 4 Market, By Application, 2015-2022 (USD Million)
Table 5 Market for Biotechnology Applications, By Region, 2015-2022 (USD Million)
Table 6 Market for Biotechnology Applications, By Country, 2015-2022 (USD Million)
Table 7 Market for Pharmaceutical Applications, By Region, 2015-2022 (USD Million)
Table 8 Q-TOF Mass Spectrometry Market for Pharmaceutical Applications, By Country, 2015-2022 (USD Million)
Table 9 Market for Food & Beverage Testing, By Region, 2015-2022 (USD Million)
Table 10 Market for Food & Beverage Testing, By Country, 2015-2022 (USD Million)
Table 11 Market for Environmental Testing, By Region, 2015-2022 (USD Million)
Table 12 Market for Environmental Testing, By Country, 2015-2022 (USD Million)
Table 13 Market for Petrochemical Applications, By Region, 2015-2022 (USD Million)
Table 14 Q-TOF Mass Spectrometry Market for Petrochemical Applications, By Country, 2015-2022 (USD Million)
Table 15 Market for Other Applications, By Region, 2015-2022 (USD Million)
Table 16 Q-TOF Mass Spectrometry Market for Other Applications, By Country, 2015-2022 (USD Million)
Table 17 QMarket, By Region, 2015-2022 (USD Million)
Table 18 North America: Market, By Country, 2015-2022 (USD Million)
Table 19 North America: Market, By Country, 2015-2022 (Units)
Table 20 North America: Market, By Application, 2015-2022 (USD Million)
Table 21 Funding Initiatives Towards Research Activities in Life Sciences
Table 22 US: Q-TOF Mass Spectrometry Market, By Application, 2015-2022 (USD Million)
Table 23 Private and Government Grants Towards Research & Development in Canada
Table 24 Canada: Market, By Application, 2015-2022 (USD Million)
Table 25 Europe: Market, By Country, 2015-2022 (USD Million)
Table 26 Europe: Market, By Country, 2015-2022 (Units)
Table 27 Europe: Market, By Application, 2015-2022 (USD Million)
Table 28 Germany: Market, By Application, 2015-2022 (USD Million)
Table 29 UK: Q-TOF Mass Spectrometry Market, By Application, 2015-2022 (USD Million)
Table 30 France: Market, By Application, 2015-2022 (USD Million)
Table 31 Spain: Market, By Application, 2015-2022 (USD Million)
Table 32 Italy: Market, By Application, 2015-2022 (USD Million)
Table 33 RoE: Market, By Application, 2015-2022 (USD Million)
Table 34 Asia Pacific: Market, By Country, 2015-2022 (USD Million)
Table 35 Asia Pacific: Market, By Country, 2015-2022 (Units)
Table 36 Asia Pacific: Q-TOF Mass Spectrometry Market, By Application, 2015-2022 (USD Million)
Table 37 China: Market, By Application, 2015-2022 (USD Million)
Table 38 Japan: Market, By Application, 2015-2022 (USD Million)
Table 39 Study Results Regarding R&D Expenditure of 25 Pharmaceutical Companies
Table 40 India: Market, By Application, 2015-2022 (USD Million)
Table 41 RoAPAC: Market, By Application, 2015-2022 (USD Million)
Table 42 RoW: Q-TOF Mass Spectrometry Market, By Application, 2015-2022 (USD Million)
Table 43 Expansions
Table 44 Product Launches
Table 45 Partnerships, Agreements, and Collaborations
Table 46 Acquisitions
List of Figures
Figure 1 Market: Research Methodology Steps
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Research Design
Figure 6 Data Triangulation Methodology
Figure 7 Biotech Applications Segment to Register the Highest CAGR During the Forecast Period
Figure 8 Geographical Snapshot of the Q-TOF Mass Spectrometry Market
Figure 9 Rising Adoption of Q-TOF Mass Spectrometry in Pharmaceutical and Environmental Analysis Will Drive Market Growth
Figure 10 China Accounted for the Largest Share of the APAC Market in 2017
Figure 11 Biotechnology Applications Segment is Expected to Account for the Largest Market Share in 2022
Figure 12 North America to Register the Highest Growth Rate in the Forecast Period
Figure 13 Mass Spectrometry Market: Drivers, Restraints, Opportunities, and Challenges
Figure 14 Biotechnology Applications to Register the Highest Growth Rate in the Market During the Forecast Period
Figure 15 North America Dominated the Largest Share of the Market in 2017
Figure 16 North America: Q-TOF Mass Spectrometry Market Snapshot
Figure 17 Europe: Market Snapshot
Figure 18 Asia Pacific: Market Snapshot
Figure 19 RoW: Market Snapshot
Figure 20 Waters Corporation Led the Market in 2017
Figure 21 Key Developments of the Prominent Players in the Market (2015-2018)
Figure 22 Waters Corporation: Company Snapshot (2017)
Figure 23 Agilent Technologies: Company Snapshot (2017)
Figure 24 Danaher Corporation: Company Snapshot (2017)
Figure 25 Bruker: Company Snapshot (2017)
Figure 26 Shimadzu Corporation: Company Snapshot (2017)

Companies Mentioned

  • Agilent Technologies
  • Bruker
  • Sciex (A Subsidiary of Danaher)
  • Shimadzu Corporation
  • Waters Corporation

Table Information