Mass Spectrometry Market Research Report 2022 Mass Spectrometry Market Research Report | Page 2

Mass Spectrometry Market
The global mass spectrometry market was valued at $4,948.3 million in
2015, and it is expected to grow at a CAGR of 8.1% during the period 2016 -
2022. The global market is increasing, due to increasing food safety
concern, growing demand in life science and clinical analysis sector, and
increasing healthcare expenditure and development of healthcare
infrastructure. In addition, the technological advancements with advent of
mass spectrometry equipment are further encouraging the growth of the
market.
Based on platform, the hybrid mass spectrometry segment accounted for
the largest share during the forecast period. Among the various end-users,
the pharmaceutical segment accounted for the largest share in the global
market in 2015; and the segment is expected to grow at 8.8% CAGR during
2016 – 2022.
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