North America Mass Spectrometry Market Size & Outlook

The mass spectrometry market in North America is expected to reach a projected revenue of US$ 4,110.5 million by 2030. A compound annual growth rate of 8.2% is expected of North America mass spectrometry market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,371.4
Forecast, 2030 (US$M)
$4,110.5
CAGR, 2024 - 2030
8.2%
Report Coverage
North America

North America mass spectrometry market highlights

  • The North America mass spectrometry market generated a revenue of USD 2,371.4 million in 2023.
  • The 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.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.

North America data book summary

Market revenue in 2023USD 2,371.4 million
Market revenue in 2030USD 4,110.5 million
Growth rate8.2% (CAGR from 2023 to 2030)
Largest segmentResearch & manufacturing
Fastest growing segmentOUTPATIENT FACILITIES
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, North America region accounted for 42.1% of the global mass spectrometry market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,372.8 million by 2030.

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North America mass spectrometry market size, by country, 2018-2030 (US$M)

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

North America mass spectrometry market size, by country, 2018-2030 (US$M)

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