Asia Pacific Mass Spectrometry Market Size & Outlook
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Asia Pacific mass spectrometry market highlights
- The Asia Pacific mass spectrometry market generated a revenue of USD 1,638.1 million in 2024.
- The market is expected to grow at a CAGR of 9.1% from 2025 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2024.
- Consumables & Services is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,638.1 million |
| Market revenue in 2030 | USD 2,810.9 million |
| Growth rate | 9.1% (CAGR from 2025 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Consumables & Services |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables & Services |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.7% of the global mass spectrometry market in 2024.
- 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 2,810.9 million by 2030.
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Mass Spectrometry Market Scope
Mass Spectrometry Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific mass spectrometry market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mass spectrometry market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 72.49% in 2024. Horizon Databook has segmented the Asia Pacific mass spectrometry market based on instruments, consumables & services covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific market is expected to grow at the fastest CAGR over the forecast period. The overall regional growth can be attributed to countries such as China, Japan, India, and South Korea. China's mass spectrometry market is estimated to be the largest revenue-generating market, while India is projected to witness the fastest growth rate.
In addition, several agencies have been established to promote the use of mass spectrometry across Asian countries. For instance, in August 2022, a study published in Nature integrated spectrometry to understand traditional medicines in Asian countries.
Traditional medicine in East Asia is a potential source of drug discovery and a crucial component of healthcare systems in Korea, China, and Japan. In order to perform a high-throughput assessment of the complicated chemical compositions of medicinal plants employed in traditional Asian medicine, tandem mass spectrometry-based untargeted metabolomics was employed as a key methodology.
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Target buyers of Asia Pacific mass spectrometry market databook
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Our clientele includes a mix of mass spectrometry market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mass spectrometry market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mass spectrometry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific mass spectrometry market size, by country, 2018-2030 (US$M)
Asia Pacific Mass Spectrometry Market Outlook Share, 2024 & 2030 (US$M)
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