Dublin, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The "Q-TOF Mass Spectrometry - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The analysis focuses on the Q-TOF Mass Spectrometry market across various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and Rest of World. It presents annual sales data in US$ Thousand for the years 2014 through 2021, as well as future projections from 2022 to 2030, accompanied by the % CAGR.
The analysis also offers a 16-year perspective, indicating the percentage breakdown of value sales by application for select years. The Q-TOF Mass Spectrometry market presence in different regions is categorized as Strong, Active, Niche, or Trivial, highlighting key competitors. The applications covered include Biotechnology, Pharmaceutical, Food & Beverage Testing, Environmental Testing, and Other Applications across the specified regions.
Global Q-TOF Mass Spectrometry Market to Reach $1.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Q-TOF Mass Spectrometry estimated at US$777.8 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030.
Biotechnology, one of the segments analyzed in the report, is projected to record 8.5% CAGR and reach US$541.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Pharmaceutical segment is readjusted to a revised 7.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $231 Million, While China is Forecast to Grow at 7.1% CAGR
The Q-TOF Mass Spectrometry market in the U.S. is estimated at US$231 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$242.3 Million by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
A selection of companies mentioned in this report includes
- Agilent Technologies, Inc.
- Bruker Corporation
- SCIEX
- Shimadzu Corporation
- Waters Corporation
For more information about this report visit https://www.researchandmarkets.com/r/qhhl17
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