Global LC-MS Market Insights, Forecast to 2025

Liquid chromatography–mass spectrometry (LC-MS, or alternatively HPLC-MS) is an analytical chemistry technique that combines the physical separation capabilities of liquid chromatography (or HPLC) with the mass analysis capabilities of mass spectrometry (MS). LC-MS is a powerful technique that has very high sensitivity, making it useful in many applications. Its application is oriented towards the separation, general detection and potential identification of chemicals of particular masses in the presence of other chemicals (i.e., in complex mixtures), e.g., natural products from natural-products extracts, and pure substances from mixtures of chemical intermediates. Preparative LC-MS systems can be used for rapid mass-directed purification of specific substances from such mixtures that are important in basic research, and pharmaceutical, agrochemical, food, and other industries.
For industry structure analysis, the LC-MS industry is concentrate. The top three producers account for about 67.34% of the revenue market. Regionally, USA is the biggest production area of LC-MS, also the leader in the whole LC-MS industry.
USA occupied 56.46% of the production market in 2015. It is followed by Europe and Asia-Pacific, which respectively have around 26.82% and 12.78% of the global total industry. Other countries have a small amount of production. Geographically, USA was the largest consumption market in the world, which took about 38.10% of the global consumption volume in 2015. Europe shared 29.95% of global total.
For forecast, the global LC-MS revenue would keep increasing with annual growth rate with 7~12%, and a little higher speed in Europe and China. We tend to believe that this industry still has a bright future, considering the current demand of LC-MS. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The LC-MS market was valued at 1840 Million US$ in 2018 and is projected to reach 3130 Million US$ by 2025, at a CAGR of 6.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for LC-MS.

This report presents the worldwide LC-MS market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Thermo Fisher Scientific
Waters
Agilent Technologies
Shimadzu
PerkinElmer
SCIEX
Bruker

LC-MS Breakdown Data by Type
Single Quadrupole LC-MS
Triple Quadrupole LC-MS
Ion Trap LC-MS
Others
LC-MS Breakdown Data by Application
Academic
Pharma
Food & Environment & Forensic
Clinical

LC-MS Production by Region
United States
Europe
China
Japan
Other Regions

LC-MS Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global LC-MS status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key LC-MS manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of LC-MS :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LC-MS market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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