Based on
application, the mass spectrometry market is segmented into drug discovery and
development, proteomics, clinical testing, environment, and others. The drug
discovery and development segment dominated the mass spectrometry industry, and
it is expected to retain its dominance by 2022.
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The demand
for mass spectrometry is growing rapidly in life science and clinical sector.
Some of its most common applications in life science and clinical studies are
determination of protein structure, interactions and folding; protein
identification from the mass of its peptide fragment; relative or absolute
quantification of proteins in a given sample; monitoring of enzyme reactions;
chemical modifications; protein digestion; forensic analysis; and disease
biomarkers detection. All these applications are very vital in life science and
clinical studies and with increasing healthcare awareness, advanced research
and development, increasing cases of drug abuse, and high number of metabolic
diseases, the demand for mass spectrometer is rapidly growing. Mass spectrometer
is an important analytical tool for the study of proteins. Proteomics is very
difficult to analyse and study, due to the complexity of its structures. Mass
spectrometry helps to analyse the composition of different biological samples
and offers quantitative proteogenomics and proteomics. All these factors tend
to drive the growth of the mass spectrometry market.
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The key companies operating in the mass spectrometry market include Danaher Corporation, Shimadzu Corporation, Thermo Fisher Scientific Inc., Bruker Corporation, Agilent Technologies Inc., Waters Corporation, PerkinElmer Inc., LECO Corporation, Dani Instruments S.p.A, Protea Biosciences Group Inc., Microsaic Systems PLC, Endress+Hauser Inc., Jeol USA Inc., and Elico Ltd.
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