Online Mass Spectrometer Market

Report Code: ESR 0858 Report Format: PDF + Excel

Online Mass Spectrometer Market Overview:

The global Online Mass Spectrometer Market size is estimated to reach $1.8 billion by 2030, growing at a CAGR of 10.8% during the forecast period 2024-2030. 

The expansion of the market is a result of several factors, including heightened investments in global pharmaceutical research and development, the implementation of government protocols to ensure drug safety, an increasing concentration on elevating the quality of food items, the augmentation in crude and shale gas production, as well as the mounting initiatives by governments to address and curb pollution.

Online mass spectrometer systems heavily depend on resources and are intricate in nature. These systems can lead to substantial expenses in terms of maintenance and operations, and they might necessitate troubleshooting to uphold their optimal functioning state. Furthermore, the demand for proficient personnel to operate and upkeep these intricate systems poses a significant operational challenge for users. These aspects could potentially restrain the growth of the industry during the projected timeframe.

Market Snapshot:

Online Mass Spectrometer market - Report Coverage:

The “Online Mass Spectrometer market - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Online Mass Spectrometer Market.



By Technology

  • Quadrupole Mass Spectrometers

  • Time-of-Flight (TOF) Mass Spectrometers

  • Ion Trap Mass Spectrometers

  • Fourier Transform Mass Spectrometers

  • Others

By Coupling

  • Uncoupled MS

  •  GCMS

  •  LCMS

By Application

  • Life Science Research

  •  Drug Discovery

  • Environmental Testing

  •  Food Testing

  • Applied Industries

  • Clinical Diagnostics

  • Others

By End-User

  • Pharmaceutical

  • Biotechnology Industry

  • Research and Academic Institutes

  •  Environmental Testing Industry

  •  Food and Beverage Testing Industry

  •  Petrochemical Industry

  • Hospitals & Diagnostic Centres

  • Others

By Geography

  • North America (U.S., Canada and Mexico)

  •  Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  •  Rest of the World (Middle East and Africa).


COVID-19 / Ukraine Crisis - Impact Analysis:  

The COVID-19 pandemic significantly impacted the online mass spectrometer industry. With healthcare and pharmaceutical sectors under pressure, the demand for real-time analysis and diagnostics rose sharply. Online mass spectrometry played a crucial role in identifying viral components, vaccine development, and drug testing. However, supply chain disruptions and workforce restrictions affected manufacturing and delayed instrument installations. The industry adapted by developing solutions for remote data analysis and instrument monitoring, enabling safer operation during the pandemic. The experience underscored the importance of flexibility and rapid response in the face of global health crises, cementing the role of online mass spectrometry in healthcare and research.

The Russia-Ukraine war has had indirect consequences on the online mass spectrometer industry. Geopolitical instability has raised concerns about the supply chain of critical components, affecting the manufacturing and availability of mass spectrometry equipment. Additionally, heightened cybersecurity threats and data security concerns require advanced analytical tools to detect and mitigate potential cyberattacks. As a result, the online mass spectrometer industry has been pushed to develop and deploy more secure and resilient systems. It highlights the importance of safeguarding data integrity and the reliability of these instruments in critical applications, especially in regions affected by geopolitical conflicts.

Key Takeaways:

● Fastest Growth of Asia Pacific Region
APAC region is anticipated to register the swiftest Compound Annual Growth Rate (CAGR) of 12.1% during the projected timeframe 2024-2030. Asia Pacific area's expansion is attributed to its substantial population and an increasing emphasis on healthcare systems. Moreover, the mounting interest in proteomics and genomics research, coupled with the upsurge in initiatives launched by academic institutions to advance protein-based therapeutics, has unveiled noteworthy avenues for market growth within the Asia Pacific region.

Rise in Demand of Online Mass Spectrometer from Pharmaceutical & Biotechnology Industry
According to an article published by U.S National Institute of Health, in 2022, the pharmaceutical and biotechnology companies segment held a significant market share of 44%, primarily driven by the widespread adoption of mass spectrometry-based protein sequencing in the pharmaceutical sector for purposes such as drug discovery and development. The increasing need for bio-molecule analysis and drug component evaluation is projected to continue bolstering the growth of this segment within the market. As investments in bio-pharmaceutical research rise and opportunities in proteomics research and development expand, this segment is poised for promising growth in the upcoming years.

Increased research and development investments within the pharmaceutical and biotechnology sector will drive the market's growth trajectory.
According to an article published by European Pharmaceutical Review, there has been a substantial increase in research and development expenditure within the pharmaceutical sector in the past two decades. Investments directed towards pivotal domains like bio-pharmaceuticals and personalized medicine are acting as catalysts for advancing research efforts within both the pharmaceutical and biotechnology realms. Furthermore, the significance of environmental testing for effective pollution management has grown, leading to a positive impact on market expansion. Correspondingly, the escalating adoption of mass spectrometers to identify toxins, pathogens, microorganisms, and chemicals, thereby ensuring the safety and quality of food products, which is contributing to the expansion of the market.

Environmental Monitoring and Safety
The need for accurate and sensitive detection of pollutants, contaminants, and hazardous substances in the environment drives the use of mass spectrometers in environmental monitoring, ensuring public health and safety. According to a recent report published by Sustainable Development Goals, The Republic of Korea inaugurated the Geostationary Environment Monitoring Spectrometer (GEMS) in February 2022, allowing for the hourly monitoring of air pollution levels for almost 20 Asian nations. The project specifically covers the following nations: Cambodia, China, Japan, and the Republic of Korea in North-East Asia; Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam (ASEAN); Bangladesh, Bhutan, Nepal, and Sri Lanka in South Asia. The Russian Federation, Tajikistan, Kazakhstan, Kyrgyzstan, Mongolia, Papua New Guinea, and Indonesia are also partially covered by the satellite. GEMS, the first satellite of a three- satellite integrated constellation, will transform how scientists monitor air quality over substantial portions of the Northern Hemisphere. This is driving adoption of Online mass spectrometers.
Premium Product Pricing can be a challenge for the market growth
Spectrometry instruments are often expensive since they come with cutting-edge features and technology. Additionally, the expense of the system's compliance with industry standards is also quite significant. Additionally, it is challenging for university research laboratories to finance such systems due to their restricted budgets. However, system costs have gone up as a result of demand and technical advancements. Because pharmaceutical businesses need so many of these systems, the capital cost shoots up. The cost of a spectrometer affects end customers' choice to buy it. These are the main barriers preventing end customers from adopting online mass spectrometry systems.
Online Mass Spectrometer Market Share (%) By Region, 20223

 Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in Online Mass Spectrometer Market. The top 10 companies in this industry are listed below:
  1. Bio-Rad Laboratories, Inc. (Bio-Rad, CFX, D-Code)
  2. Thermo Fisher Scientific, Inc. (TSQ, Q Exactive, Orbitrap)
  3. Waters Corporation (ACQUITY, Xevo, Waters NuGenesis, BioAccord, QUATTRO)
  4. PerkinElmer, Inc. (PerkinElmer, QSight, Torion, Clarus, Axion)
  5. Shimadzu Corporation (Nexera, Axima)
  6. Analytic Jena GmbH (Analytik Jena, qTower, CyBio)
  7. Bruker (EVOQ, E2M, Amazon Speed, ScimaX, Microflex)
  8. SCIEX (QTrap Ready, Triple Quad, TripleTOF, QToF, Echo)
  9. JEOL Ltd. (JEOL, JEM, JXA)
  10. Agilent (Infinity, Ultivo, AdvanceBio)
Scope of Report: 

Report Metric


Base Year Considered


Forecast Period




Market Size in 2030

$1.8 billion

Segments Covered

By Technology, By Coupling, By Application, By End-User, By Geography

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  • Bio-Rad Laboratories, Inc.

  • Thermo Fisher Scientific, Inc.

  •  Waters Corporation

  • PerkinElmer, Inc.

  • Shimadzu Corporation

  •  Analytic Jena GmbH

  • JEOL Ltd.

  •  Agilent

  • Sciex

  •  Bruker

1. Online Mass Spectrometer Market - Overview
    1.1 Definitions and Scope
2. Online Mass Spectrometer Market - Executive Summary
3. Online Mass Spectrometer Market - Comparative Analysis
    3.1 Company Benchmarking - Key Companies
    3.2 Global Financial Analysis - Key Companies
    3.3 Market Share Analysis - Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis
4. Online Mass Spectrometer Market - Start-up Companies Scenario 
    4.1 Key Start-up Company Analysis by
    4.1.1 Investment
    4.1.2 Revenue
    4.1.3 Venture Capital and Funding Scenario
5. Online Mass Spectrometer Market – Market Entry Scenario Premium 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Case Studies of Successful Ventures
6. Online Mass Spectrometer Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porter's Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Online Mass Spectrometer Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Online Mass Spectrometer Market – by Technology (Market Size – $Million/$Billion) 
    8.1 Quadrupole Mass Spectrometers
    8.2 Time-of-Flight (TOF) Mass Spectrometers
    8.3 Ion Trap Mass Spectrometers
    8.4 Fourier Transform Mass Spectrometers
    8.5 Others
9. Online Mass Spectrometer Market – by Application (Market Size – $Million/$Billion) 
    9.1 Life Science Research
    9.2 Drug Discovery
    9.3 Environmental Testing
    9.4 Food Testing
    9.5 Applied Industries
    9.6 Clinical Diagnostics
    9.7 Others 
10. Online Mass Spectrometer Market – by End-User (Market Size – $Million/$Billion)
   10.1 Pharmaceutical & Biotechnology Industry
   10.2 Research and Academic Institutes
   10.3 Environmental Testing Industry
   10.4 Food and Beverage Testing Industry
   10.5 Petrochemical Industry
   10.6 Hospitals & Diagnostic Centres
   10.6 Others
11. Online Mass Spectrometer Market – by Technology (Market Size – $Million/$Billion) 
   11.1 Uncoupled MS
   11.2 LCMS
   11.3 GCMS
12. Online Mass Spectrometer Market – by Geography (Market Size – $Million/$Billion) 
    12.1. North America
        12.1.1 The U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 The UK
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Russia
        12.2.7 The Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 The Rest of Asia-Pacific
    12.4 South America
        12.4.1 Brazil
        12.4.2 Argentina
        12.4.3 Chile
        12.4.4 Colombia
        12.4.5 The Rest of South America
    12.5 The Rest of the World
        12.5.1 The Middle East
        12.5.2 Africa
13. Online Mass Spectrometer Market – Entropy
14. Online Mass Spectrometer Market – Industry/Segment Competition Landscape 
    14.1 Market Share Analysis
        14.1.1 Market Share by Product Type – Key Companies
        14.1.2 Market Share by Region – Key Companies
        14.1.3 Market Share by Country – Key Companies
    14.2 Competition Matrix
    14.3 Best Practices for Companies
15. Online Mass Spectrometer Market – Key Company List by Country Premium 
16. Online Mass Spectrometer Market - Company Analysis
16.1 Bio-Rad Laboratories, Inc.
16.2 Thermo Fisher Scientific, Inc.
16.3 Waters Corporation
16.4 PerkinElmer, Inc.
16.5 Shimadzu Corporation
16.6 Analytic Jena GmbH
16.7 Bruker
16.8 Agilent
16.9 JEOL Ltd.
16.10 SCIEX

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The Online Mass Spectrometer Market is projected to grow at 10.8% CAGR during the forecast period 2024-2030.

The global Online Mass Spectrometer Market size is estimated to be $720 million in 2023 and is projected to reach $1.8 billion by 2030.

The leading players in the Online Mass Spectrometer market are Agilent, Inc., Thermo Fisher Scientific, Inc., Waters Corporation, PerkinElmer, Inc., Shimadzu Corporation, Analytic Jena GmbH, Sciex, Bio-Rad, JEOL Ltd. and Bruker.