Global ICP-MS System Market Growth 2023-2029

Global ICP-MS System Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “ICP-MS System Industry Forecast” looks at past sales and reviews total world ICP-MS System sales in 2022, providing a comprehensive analysis by region and market sector of projected ICP-MS System sales for 2023 through 2029. With ICP-MS System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ICP-MS System industry.

This Insight Report provides a comprehensive analysis of the global ICP-MS System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on ICP-MS System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global ICP-MS System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ICP-MS System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global ICP-MS System.

The global ICP-MS System market size is projected to grow from US$ 352.1 million in 2022 to US$ 467 million in 2029; it is expected to grow at a CAGR of 467 from 2023 to 2029.

Global key players of ICP-MS system include Agilent, Thermo Fisher Scientific, PerkinElmer, etc. Global top three manufacturers hold a share over 60%. Asia-Pacific is the largest producer of ICP-MS System, holds a share about 50%, followed by North America, and Europe. In terms of product, single quadrupole ICP-MS is the largest segment, with a share about 60%. And in terms of application, the largest segment is environmental analysis, followed by pharmaceuticals and life sciences.

This report presents a comprehensive overview, market shares, and growth opportunities of ICP-MS System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Quadrupole ICP-MS
Triple Quadrupole ICP-MS
ICP-TOFMS
Others

Segmentation by application
Environmental Analysis
Pharmaceuticals and Life Sciences
Food & Agriculture
Industrial Application
Semiconductor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global ICP-MS System market?

What factors are driving ICP-MS System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do ICP-MS System market opportunities vary by end market size?

How does ICP-MS System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.