Global Liquid Chromatograph Mass Spectrometer(LC-MS) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Liquid Chromatograph Mass Spectrometer（LC-MS） Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Liquid Chromatograph Mass Spectrometer, referred to as LC-MS, is an instrument that combines liquid chromatography and mass spectrometry. It combines the ability of liquid chromatography to effectively separate thermally unstable and high-boiling compounds with the strong component identification capabilities of mass spectrometry. It is an effective means to separate and analyze complex organic mixtures.

Market Overview:

The latest research study on the global Liquid Chromatograph Mass Spectrometer（LC-MS） market finds that the global Liquid Chromatograph Mass Spectrometer（LC-MS） market reached a value of USD 3657.22 million in 2023. It’s expected that the market will achieve USD 6998.58 million by 2029, exhibiting a CAGR of 11.42% during the forecast period.

Liquid chromatography mass spectrometry is a high-end analytical instrument that integrates mechanical, electronic, vacuum, computer, optical and other technologies. It is an extremely complex analytical instrument system. The research and development of mass spectrometers involves precision electronics, precision machinery, vacuum, software, automatic control and other technologies as well as electron optics, ion optics, physical chemistry and other disciplines, and has high technical barriers. The research and development of liquid chromatography mass spectrometer has the typical characteristics of high R&D investment and long R&D cycle.

Liquid chromatography mass spectrometer products have high value and long service life. The same customers generally will not make repeated purchases in the short term. Purchases by a single customer are usually characterized by high amounts, non-sustainability or volatility. Therefore, liquid chromatography and mass spectrometry companies need to continue customer development to ensure that the company's performance continues to grow.

LC-MS technology has been widely used in biomedicine, environmental monitoring, food safety, industrial analysis and other fields. In recent years, global investment in drug research and development has continued to increase, drug safety monitoring regulations have continued to improve, food safety and quality attention has increased, and global ecological environment monitoring and anti-pollution prevention and control measures have continued to increase. Liquid chromatography and mass spectrometry have been used in drug research and development, clinical Market application demand in fields such as treatment, food quality monitoring, and environmental testing is gradually increasing.

LC-MS technology combines the high separation ability of liquid chromatography with the strong qualitative ability of mass spectrometry. It has the advantages of high separation, high sensitivity, high selectivity and rich structural information, and is the most commonly used drug analysis method. Therefore, pharmaceutical R&D companies, pharmaceutical production companies, pharmaceutical R&D institutes, etc. are all downstream customers of liquid chromatography mass spectrometry products. The application of liquid mass spectrometry technology in food safety testing mainly focuses on the trace analysis of pesticides, veterinary drug residues and biotoxins, etc. Therefore, food production enterprises, food safety testing institutions, etc. are one of the downstream customers of liquid chromatography mass spectrometry products. With the rapid development of industry and agriculture, various environmental pollution problems occur frequently, such as antibiotic residues, polycyclic aromatic hydrocarbons, polychlorinated biphenyls, and pesticide residues in drinking water. Therefore, the development of highly sensitive multi-residue reliable analysis methods has become an important strategic goal of environmental analytical chemistry, and liquid mass spectrometry has gradually become the most powerful tool in environmental monitoring and environmental engineering technology. Therefore, environmental testing institutions and third-party environmental testing service providers are also among the downstream customers of liquid chromatography and mass spectrometry products. ˆ

Region Overview:

The North American liquid chromatography mass spectrometer (LC-MS) market share in 2022 will be 36.25%.

Company Overview:

Major players in the liquid chromatography mass spectrometer (LC-MS) market include SCIEX, Thermo Fisher Scientific, Waters Corp, Agilent Technologies, Bruker, etc. Among them, SCIEX ranks first in terms of sales and revenue in 2023.

Segmentation Overview:

By type, the triple quadrupole LC-MS segment will hold the largest market share in 2022.

Application Overview:

From the perspective of application, the biomedical market segment will account for the largest share from 2018 to 2022.

Key Companies in the global Liquid Chromatograph Mass Spectrometer（LC-MS） market covered in Chapter 3:

SCIEX
Waters Corp
Thermo Fisher Scientific
Shimadzu
Skyray Instruments
Agilent Technologies
Bruker
PerkinElmer
JEOL Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Liquid Chromatograph Mass Spectrometer（LC-MS） market from 2019 to 2030 is primarily split into:

Single Quadrupole LC-MS
Triple Quadrupole LC-MS
Ion Trap LC-MS
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Liquid Chromatograph Mass Spectrometer（LC-MS） market from 2019 to 2030 covers:

biomedicine
Environmental monitoring
food safety
industrial analysis
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)