Global ICP-MS System Market Growth 2025-2031

Global ICP-MS System Market Growth 2025-2031

The global ICP-MS System market size is predicted to grow from US$ 408 million in 2025 to US$ 531 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “ICP-MS System Industry Forecast” looks at past sales and reviews total world ICP-MS System sales in 2024, providing a comprehensive analysis by region and market sector of projected ICP-MS System sales for 2025 through 2031. 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.

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.

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
Others

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 analysing 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
Yingsheng Biotechnology
Heng Sheng
Hexin Instrument
LabTech
Medicalsystem Biotechnology

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 by Type, by Application?

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