The global spectrometry market is expected to register growth over the forecast period. Spectrometry is a technique used for the determination of compounds and elements by measurement of the radiations emitted by an object or substance within a defined electromagnetic spectrum subjected to excitation externally by other sources. Spectrometry plays a pivotal role in the life science and analytical industry. Some of the notable areas of applied spectrometry instruments comprise of industrial chemistry, pharmaceuticals, food & beverages testing, biotechnology, environmental testing, along with astronomical and defense sector. Growing demand for drug composition and bimolecular analysis from the life sciences industry along with increasing environmental concern plus the need for discovery of new metals coupled with increasing use in proteomics are important drivers or boosters for the growing spectrometry market globally.
The worldwide spectrometry market is segmented on the basis of technology secondly application and geography. Further classification of the technological market includes mass spectrometry, atomic spectrometry, and molecular spectrometry. Mass spectrometry technique includes ion trap mass spectrometry, Fourier Transform Ion Cyclotron Resonance Mass Spectrometry (FTICRMS), gas chromatography mass spectrometry, MALDITOF that is Matrix-Assisted Laser Desorption/Ionization Time of Flight spectrometry, Liquid Chromatography Mass Spectrometry (LC MS), triple quadrupole liquid chromatography mass spectrometry, inductively coupled plasma mass spectrometry, quadrupole time of flight liquid chromatography (QTOF LC/MS) and others. Atomic spectrometry techniques include X-ray diffraction spectrometry, atomic absorption spectrometry, elemental analyzers, X-ray fluorescence spectrometry, inductively coupled plasma, and others. Lastly, the molecular spectrometry encompasses infrared spectrometry, resonance spectrometry, nuclear magnetic resonance spectrometry (NMR), near-infrared spectrometry, ultraviolet-visible spectrometry, Raman spectrometry, color measurement, infrared spectrometry, and others.
Application segments of this market include food and beverage, biotechnology, pharmaceuticals, environment testing, chemical industry, and others. North America, Asia Pacific, Europe, and RoW together constitute the regional breakdown of this market. Key companies in the mass spectrometry market include Waters Corporation, AB Sciex, Inc., Analytik Jena AG, Agilent Technologies, Bruker Corporation, Shimadzu Corporation, Perkin Elmer, Inc., Thermo Fisher Scientific, Inc., Danaher Corporation, Bio-Rad Laboratories, and Shimadzu Corporation.
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With Covid-19 infections rising globally, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this pandemic and provide optimum care to the infected also widens. In addition, till a pharmacological treatment is developed, ventilators act as a vital treatment preference for the COVID-19 patients, who may require critical care. Moreover, there is an urgent need for a rapid acceleration in the manufacturing process for a wide range of test-kits (antibody tests, self-administered, and others). The report will account for Covid19 as a key market contributor.