According to our (Global Info Research) latest study, the global ICP-MS System market size was valued at US$ 418 million in 2024 and is forecast to a readjusted size of USD 550 million by 2031 with a CAGR of 4.2% during review period.
Inductively coupled-plasma mass spectrometers (ICP-MS) utilize inductively coupled plasma for sample ionization and an MS for ion separation and quantification. The low detection limits and high productivity possible with ICP-MS are particularly useful for trace metal analysis and environmental testing, it is used in a variety of industries including, but not limited to, environmental monitoring, geochemical analysis, metallurgy, pharmaceutical analysis, and clinical research.
Common components of an ICP-MS system include a sample introduction system, ion source, vacuum system, collision and/or reaction cell, ion optics, mass spectrometer (often a quadrupole), and detector. Triple-quad ICP-MS enables MS-MS operation.
The Inductively Coupled Plasma Mass Spectrometry (ICP-MS) System market is a dynamic and growing segment of the analytical instrumentation industry, driven by the increasing demand for precise and accurate elemental analysis across various industries. ICP-MS systems are advanced instruments used for detecting and quantifying trace elements and isotopes in a wide range of samples. The technique combines a high-temperature plasma source with mass spectrometry to ionize the sample and measure the mass-to-charge ratio of ions, enabling highly sensitive and multi-element analysis.
There are many different types of ICP-MS System. The market can be segmented into: Single Quadrupole ICP-MS, Triple Quadrupole ICP-MS, ICP-TOFMS and Others. Single Quadrupole ICP-MS is the most commonly used and efficient types and took 57.44% market share in 2023. By application, Environmental Analysis is the largest consumer group, with consumption market share of 36.39% in 2023. Growing Environmental Regulations: The need for strict monitoring of environmental pollutants, such as heavy metals in water, soil, and air, is one of the major drivers of the ICP-MS market. Regulatory bodies across the globe are imposing stringent guidelines for monitoring trace elements, particularly in sectors like water quality management, air pollution control, and soil contamination, boosting the demand for ICP-MS systems. On the other hand, Rising demand in pharmaceutical and biotechnology industries, advancements in clinical research and diagnostics, expansion in food and beverage testing are also the major driver applications.
The pharmaceutical industry heavily relies on ICP-MS systems for the analysis of metal impurities in drug formulations, ensuring compliance with stringent regulatory standards such as the ICH Q3D guidelines. Additionally, the biotechnology sector uses ICP-MS for trace metal analysis in biopharmaceuticals and biological research, further driving market growth.
ICP-MS is increasingly being used in clinical laboratories for the analysis of trace elements in biological samples (e.g., blood, urine, tissues), which helps in disease diagnosis and monitoring. The system’s ability to detect ultra-trace levels of toxic and essential elements makes it invaluable in clinical research and diagnostics, leading to its growing adoption in healthcare.
The food and beverage industry has a growing need for precise analysis of toxic elements like lead, cadmium, mercury, and arsenic. ICP-MS systems provide highly sensitive detection of these contaminants, helping manufacturers ensure food safety and compliance with global food safety standards such as those set by the FDA, EFSA, and Codex Alimentarius.
The global main manufacturers of ICP-MS System include Agilent, Thermo Fisher Scientific, PerkinElmer, Analytik Jena (Endress+Hauser), Shimadzu, GBC Scientific Equipment (EWAI), Expec Technology (FPI), Skyray Instrument, and NCS Testing Technology, etc. In 2023, the global five largest players have a share approximately 74.73% in terms of revenue.
In market, revenue of ICP-MS System in Asia-Pacific was 202.32 M USD in 2023, took about 49.79% market share in 2023, which is the biggest area in current market pattern. The Asia-Pacific region is expected to witness significant growth in the ICP-MS market, driven by expanding industrialization, increasing environmental awareness, and rising investments in pharmaceutical and biotechnology research. Countries such as China, India, and Japan are leading the market growth, supported by government regulations on environmental monitoring and food safety.
The ICP-MS system market is poised for strong growth, driven by increasing demand for trace element analysis in industries such as environmental monitoring, pharmaceuticals, food safety, and advanced materials research. Technological advancements, such as automation, miniaturization, and improved sensitivity, will continue to enhance the market’s growth potential. As regulatory requirements for environmental protection, food safety, and healthcare become more stringent, ICP-MS systems will remain an essential tool for ensuring compliance and advancing scientific research.
This report is a detailed and comprehensive analysis for global ICP-MS System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global ICP-MS System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global ICP-MS System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global ICP-MS System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global ICP-MS System market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for ICP-MS System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global ICP-MS System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Agilent, Thermo Fisher Scientific, PerkinElmer, Analytik Jena (Endress+Hauser), GBC Scientific Equipment (EWAI), Nu Instruments (AMETEK), Expec Technology (FPI), Shimadzu, Skyray Instrument, Advion (Bohui Innovation Biotechnology), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
ICP-MS System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Quadrupole ICP-MS
Triple Quadrupole ICP-MS
ICP-TOFMS
Others
Market segment by Application
Environmental Analysis
Pharmaceuticals and Life Sciences
Food & Agriculture
Industrial Application
Semiconductor
Others
Major players covered
Agilent
Thermo Fisher Scientific
PerkinElmer
Analytik Jena (Endress+Hauser)
GBC Scientific Equipment (EWAI)
Nu Instruments (AMETEK)
Expec Technology (FPI)
Shimadzu
Skyray Instrument
Advion (Bohui Innovation Biotechnology)
NCS Testing Technology
Macylab Instruments
Yingsheng Biotechnology
Heng Sheng
Hexin Instrument
LabTech
Medicalsystem Biotechnology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe ICP-MS System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of ICP-MS System, with price, sales quantity, revenue, and global market share of ICP-MS System from 2020 to 2025.
Chapter 3, the ICP-MS System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the ICP-MS System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and ICP-MS System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of ICP-MS System.
Chapter 14 and 15, to describe ICP-MS System sales channel, distributors, customers, research findings and conclusion.
In this report,
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