Australia Mass Spectrometry Market Size & Outlook

The mass spectrometry market in Australia is expected to reach a projected revenue of US$ 230.9 million by 2030. A compound annual growth rate of 8.2% is expected of Australia mass spectrometry market from 2024 to 2030.
Revenue, 2023 (US$M)
$132.7
Forecast, 2030 (US$M)
$230.9
CAGR, 2024 - 2030
8.2%
Report Coverage
Australia

Australia mass spectrometry market highlights

  • The Australia mass spectrometry market generated a revenue of USD 132.7 million in 2023 and is expected to reach USD 230.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
  • In terms of segment, research & manufacturing was the largest revenue generating end use in 2023.
  • OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.

Mass spectrometry market data book summary

Market revenue in 2023USD 132.7 million
Market revenue in 2030USD 230.9 million
Growth rate8.2% (CAGR from 2023 to 2030)
Largest segmentResearch & manufacturing
Fastest growing segmentOUTPATIENT FACILITIES
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOUTPATIENT FACILITIES, RESEARCH & MANUFACTURING, HOSPITALS
Key market players worldwideThermo Fisher Scientific Inc, Agilent Technologies Inc, Danaher Corp, Waters Corp, Bruker Corp, Shimadzu Corp, PerkinElmer, Rigaku, Lincoln Electric Holdings Inc, Jeol Ltd

Other key industry trends

  • In terms of revenue, Australia accounted for 2.4% of the global mass spectrometry market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan mass spectrometry market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 595.8 million by 2030.

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Mass Spectrometry Market Companies

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Australia mass spectrometry market size, by end use, 2018-2030 (US$M)

Australia Mass Spectrometry Market Outlook Share, 2023 & 2030 (US$M)

Australia mass spectrometry market size, by end use, 2018-2030 (US$M)

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