Mass Spectrometry Software Market
Mass Spectrometry Software Market Forecasts to 2030 - Global Analysis By Type (Data Analysis Software, Instrument Control Software, Visualization Software, Quantification Software, Spectral Libraries and Other Types), Deployment Type, Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Mass Spectrometry Software Market is accounted for $6.3 billion in 2024 and is expected to reach $12.6 billion by 2030 growing at a CAGR of 10.3% during the forecast period. Mass spectrometry software refers to computer programs designed to analyze data generated by mass spectrometry instruments. These tools aid in the interpretation of complex spectra by identifying and quantifying molecules based on their mass-to-charge ratios. They often include features for data processing, peak detection, molecular structure elucidation, and statistical analysis, crucial for applications in proteomics, metabolomics, and environmental analysis. Such software plays a vital role in modern scientific research, facilitating the extraction of meaningful information from raw mass spectrometry data efficiently and accurately.
According to the manufacturer, its most recent mass spectrometer is 45% smaller and uses up to 50% less gas and electricity than its predecessor while being up to 15X more sensitive for assessing negatively ionizing chemicals.
Market Dynamics:
Driver:
Growing demand for personalized medicine
The market is experiencing a surge in demand for personalized medicine solutions. Advances in technology have enabled software to analyze individual patient data more accurately, facilitating tailored treatment plans. This trend reflects a shift towards precision healthcare, where it plays a crucial role in optimizing drug effectiveness and minimizing side effects based on patient-specific characteristics. As the healthcare industry embraces personalized medicine, the market is expected to grow significantly to meet these evolving needs.
Restraint:
Lack of skilled professionals
The market faces a significant challenge due to a shortage of skilled professionals capable of effectively utilizing advanced analytical tools and interpreting complex data outputs. This shortage hinders the industry's ability to innovate and optimize software solutions tailored to evolving scientific needs. As demand for precision and reliability grows, bridging this skills gap becomes crucial for maximizing the potential of mass spectrometry technologies in research, pharmaceuticals, and environmental analysis sectors.
Opportunity:
Technological advancements in mass spectrometry
Recent advancements in mass spectrometry software have revolutionized the market by enhancing sensitivity, resolution, and speed of analysis. Innovations include real-time data processing, improved algorithms for complex data interpretation, and integration with artificial intelligence for predictive analytics. These developments enable deeper insights into molecular structures, faster identification of compounds, and more precise quantification in various applications such as pharmaceuticals, environmental analysis, and proteomics.
Threat:
Data complexity
Mass spectrometry generates vast amounts of data with intricate structures and high dimensionality, requiring sophisticated software solutions for accurate analysis and interpretation. Challenges include handling diverse data formats, integrating with various instrumentation platforms, and ensuring robust algorithms for data processing and visualization. Addressing these complexities is crucial for enhancing data-driven insights, improving accuracy in molecular identification, and advancing applications in fields like proteomics, metabolomics, and clinical diagnostics.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the market as laboratories faced operational disruptions and delays in research projects. Despite initial setbacks, the market adapted with increased demand for remote capabilities and data analysis tools. Innovations in cloud-based solutions and virtual collaborations emerged, driving recovery and growth. Companies pivoted towards software solutions enhancing efficiency and scalability, reflecting a resilient shift in the industry's approach to technological integration and remote work capabilities amidst global health challenges.
The lipidomics segment is expected to be the largest during the forecast period
The lipidomics is expected to be the largest during the forecast period. Software solutions are crucial for data processing, lipid identification, and quantification from mass spectrometry data. Key players in this market focus on developing user-friendly interfaces, robust algorithms for lipidomic data interpretation, and integration with existing analytical workflows. As lipidomics gains prominence in biomedical research and clinical diagnostics, the market is expected to expand further with innovations addressing the complexities of lipid analysis.
The food and beverage industry segment is expected to have the highest CAGR during the forecast period
The food and beverage industry segment is expected to have the highest CAGR during the forecast period. These tools are integral for ensuring food safety, quality control, and compliance with regulatory standards. They enable precise analysis of contaminants, additives, and nutritional components, thereby enhancing product integrity and consumer confidence. The market sees continuous growth as companies prioritize efficiency and accuracy in their processes.
Region with largest share:
North America is projected to hold the largest market share during the forecast period driven by advancements in analytical techniques and increasing research in pharmaceuticals, biotechnology, and environmental sciences. Key players dominate the market, offering sophisticated software solutions that enhance analytical capabilities and data processing efficiency. The region's strong investment in research and development further fuels market expansion, with a focus on precision medicine and personalized healthcare driving demand for advanced mass spectrometry software solutions.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. The healthcare industry is expanding rapidly due to rising healthcare expenditure, increasing chronic diseases, and a growing aging population. Mass spectrometry is widely used in clinical diagnostics, biomarker discovery, and drug development, creating a significant market for related software solutions. Governments across the region are supporting initiatives aimed at enhancing scientific research capabilities and fostering innovation.
Key players in the market
Some of the key players in Mass Spectrometry Software market include Thermo Fisher Scientific, Waters Corporation, Agilent Technologies, Bruker Corporation, Shimadzu Corporation, PerkinElmer, JEOL Ltd, Bio-Rad Laboratories, LECO Corporation, Advion, Peak Scientific Instruments, Rigaku Corporation, AMETEK Process Instruments, Hitachi High-Technologies Corporation, Pfeiffer Vacuum, Oxford Instruments and Teledyne CETAC Technologies.
Key Developments:
In June 2023, Agilent Technologies Inc. announced two new liquid chromatography mass spectrometry systems (LCMS), the Agilent 6495D LC/TQ and the Agilent Revident LC/Q-TOF. Facilitating the high-end performance of the Revident LC/Q-TOF, Agilent is also announcing the new Agilent MassHunter Explorer Profiling software and the new Agilent ChemVista library manager software.
In August 2023, Thermo Fisher Scientific has announced the commercial launch of the EXENT Solution, after receiving IVDR certification. The EXENT solution is a fully integrated and automated mass spectrometry system designed to transform diagnosis and assessment for patients with monoclonal gammopathies, including multiple myeloma which, according to the World Health Organisation in 2020, is the second most prevalent blood cancer worldwide.
Types Covered:
• Data Analysis Software
• Instrument Control Software
• Visualization Software
• Quantification Software
• Spectral Libraries
• Other Types
Deployment Types Covered:
• On-Premises
• Cloud-Based
• Hybrid
Technologies Covered:
• Liquid Chromatography-Mass Spectrometry (LC-MS)
• Gas Chromatography-Mass Spectrometry (GC-MS)
• Matrix-Assisted Laser Desorption/Ionization-Time of Flight (MALDI-TOF)
• Quadrupole Mass Spectrometry
• Ion Trap Mass Spectrometry
• Fourier Transform Mass Spectrometry (FT-MS)
• Other Technologies
Applications Covered:
• Proteomics
• Metabolomics
• Lipidomics
• Glycomics
• Small Molecule Analysis
• Biomarker Discovery
• Other Applications
End Users Covered:
• Pharmaceutical and Biotechnology Companies
• Academic and Research Institutions
• Food and Beverage Industry
• Environmental Testing
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Mass Spectrometry Software Market, By Type
5.1 Introduction
5.2 Data Analysis Software
5.3 Instrument Control Software
5.4 Visualization Software
5.5 Quantification Software
5.6 Spectral Libraries
5.7 Other Types
6 Global Mass Spectrometry Software Market, By Deployment Type
6.1 Introduction
6.2 On-Premises
6.3 Cloud-Based
6.4 Hybrid
7 Global Mass Spectrometry Software Market, By Technology
7.1 Introduction
7.2 Liquid Chromatography-Mass Spectrometry (LC-MS)
7.3 Gas Chromatography-Mass Spectrometry (GC-MS)
7.4 Matrix-Assisted Laser Desorption/Ionization-Time of Flight (MALDI-TOF)
7.5 Quadrupole Mass Spectrometry
7.6 Ion Trap Mass Spectrometry
7.7 Fourier Transform Mass Spectrometry (FT-MS)
7.8 Other Technologies
8 Global Mass Spectrometry Software Market, By Application
8.1 Introduction
8.2 Proteomics
8.3 Metabolomics
8.4 Lipidomics
8.5 Glycomics
8.6 Small Molecule Analysis
8.7 Biomarker Discovery
8.8 Other Applications
9 Global Mass Spectrometry Software Market, By End User
9.1 Introduction
9.2 Pharmaceutical and Biotechnology Companies
9.3 Academic and Research Institutions
9.4 Food and Beverage Industry
9.5 Environmental Testing
9.6 Other End Users
10 Global Mass Spectrometry Software Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Thermo Fisher Scientific
12.2 Waters Corporation
12.3 Agilent Technologies
12.4 Bruker Corporation
12.5 Shimadzu Corporation
12.6 PerkinElmer
12.7 JEOL Ltd
12.8 Bio-Rad Laboratories
12.9 LECO Corporation
12.10 Advion
12.11 Peak Scientific Instruments
12.12 Rigaku Corporation
12.13 AMETEK Process Instruments
12.14 Hitachi High-Technologies Corporation
12.15 Pfeiffer Vacuum
12.16 Oxford Instruments
12.17 Teledyne CETAC Technologies
List of Tables
1 Global Mass Spectrometry Software Market Outlook, By Region (2022-2030) ($MN)
2 Global Mass Spectrometry Software Market Outlook, By Type (2022-2030) ($MN)
3 Global Mass Spectrometry Software Market Outlook, By Data Analysis Software (2022-2030) ($MN)
4 Global Mass Spectrometry Software Market Outlook, By Instrument Control Software (2022-2030) ($MN)
5 Global Mass Spectrometry Software Market Outlook, By Visualization Software (2022-2030) ($MN)
6 Global Mass Spectrometry Software Market Outlook, By Quantification Software (2022-2030) ($MN)
7 Global Mass Spectrometry Software Market Outlook, By Spectral Libraries (2022-2030) ($MN)
8 Global Mass Spectrometry Software Market Outlook, By Other Types (2022-2030) ($MN)
9 Global Mass Spectrometry Software Market Outlook, By Deployment Type (2022-2030) ($MN)
10 Global Mass Spectrometry Software Market Outlook, By On-Premises (2022-2030) ($MN)
11 Global Mass Spectrometry Software Market Outlook, By Cloud-Based (2022-2030) ($MN)
12 Global Mass Spectrometry Software Market Outlook, By Hybrid (2022-2030) ($MN)
13 Global Mass Spectrometry Software Market Outlook, By Technology (2022-2030) ($MN)
14 Global Mass Spectrometry Software Market Outlook, By Liquid Chromatography-Mass Spectrometry (LC-MS) (2022-2030) ($MN)
15 Global Mass Spectrometry Software Market Outlook, By Gas Chromatography-Mass Spectrometry (GC-MS) (2022-2030) ($MN)
16 Global Mass Spectrometry Software Market Outlook, By Matrix-Assisted Laser Desorption/Ionization-Time of Flight (MALDI-TOF) (2022-2030) ($MN)
17 Global Mass Spectrometry Software Market Outlook, By Quadrupole Mass Spectrometry (2022-2030) ($MN)
18 Global Mass Spectrometry Software Market Outlook, By Ion Trap Mass Spectrometry (2022-2030) ($MN)
19 Global Mass Spectrometry Software Market Outlook, By Fourier Transform Mass Spectrometry (FT-MS) (2022-2030) ($MN)
20 Global Mass Spectrometry Software Market Outlook, By Other Technologies (2022-2030) ($MN)
21 Global Mass Spectrometry Software Market Outlook, By Application (2022-2030) ($MN)
22 Global Mass Spectrometry Software Market Outlook, By Proteomics (2022-2030) ($MN)
23 Global Mass Spectrometry Software Market Outlook, By Metabolomics (2022-2030) ($MN)
24 Global Mass Spectrometry Software Market Outlook, By Lipidomics (2022-2030) ($MN)
25 Global Mass Spectrometry Software Market Outlook, By Glycomics (2022-2030) ($MN)
26 Global Mass Spectrometry Software Market Outlook, By Small Molecule Analysis (2022-2030) ($MN)
27 Global Mass Spectrometry Software Market Outlook, By Biomarker Discovery (2022-2030) ($MN)
28 Global Mass Spectrometry Software Market Outlook, By Other Applications (2022-2030) ($MN)
29 Global Mass Spectrometry Software Market Outlook, By End User (2022-2030) ($MN)
30 Global Mass Spectrometry Software Market Outlook, By Pharmaceutical and Biotechnology Companies (2022-2030) ($MN)
31 Global Mass Spectrometry Software Market Outlook, By Academic and Research Institutions (2022-2030) ($MN)
32 Global Mass Spectrometry Software Market Outlook, By Food and Beverage Industry (2022-2030) ($MN)
33 Global Mass Spectrometry Software Market Outlook, By Environmental Testing (2022-2030) ($MN)
34 Global Mass Spectrometry Software Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
