Global Mass Spectrometry Market Size & Outlook, 2023-2030
The mass spectrometry industry worldwide is expected to reach a projected revenue of US$ 9,697.0 million by 2030. A compound annual growth rate of 8.1% is expected of the worldwide mass spectrometry industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,637.2
Forecast, 2030 (US$M)
$9,697.0
CAGR, 2024 - 2030
8.1%
Report Coverage
Worldwide
Global mass spectrometry market, 2018-2030 (US$M)
Related Markets
Global mass spectrometry market highlights
- The global mass spectrometry market generated a revenue of USD 5,637.2 million in 2023 and is expected to reach USD 9,697.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.1% by 2030.
- In terms of segment, research & manufacturing accounted for a revenue of USD 2,585.8 million in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,637.2 million |
| Market revenue in 2030 | USD 9,697.0 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Research & manufacturing |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OUTPATIENT FACILITIES, RESEARCH & MANUFACTURING, HOSPITALS |
Other key industry trends
- In terms of revenue, the North America accounted for 42.1% of the global mass spectrometry market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 44.1 million by 2030.
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Mass Spectrometry Market Scope
Mass spectrometry market segmentation & scope
Mass Spectrometry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global mass spectrometry market size, by region, 2018-2030 (US$M)
Top 10 countries by Mass Spectrometry Market revenue, 2023 (US$M)
Global mass spectrometry market share, by end use, 2023 & 2030 (%, US$M)
Mass spectrometry market: Opportunity assessment by country
Global mass spectrometry market, by region, 2023 (US$M)
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