Press release
Global Liquid Chromatography-Mass Spectroscopy Market will be Valued over US$ 2.2 Bn by 2024-end
The report, titled “Liquid Chromatography-Mass Spectroscopy (LC-MS) Market: Global Industry Analysis and Forecast, 2016-2024,” projects that the value of global liquid chromatography-mass spectroscopy market, which is currently estimated at just over US$ 1,200 Mn, is likely to get doubled by the end of 2024. During this forecast period, the market will soar at an impressive CAGR of 7.9%. Key findings in the report also project that North America and Europe will be leading regions, procuring more than half of global revenues. Towards the end of 2024, North America’s liquid chromatography-mass spectroscopy market will have soared at 8.4% CAGR, while Europe will procure US$ 671.2 Mn in revenues. On the other hand, the liquid chromatography-mass spectroscopy market in Asia-Pacific will record fastest revenue growth at 8.6% CAGR.
Request to Sample Report @ https://www.persistencemarketresearch.com/samples/15094
Factors Promoting the Adoption of LC-MS Technique
Rising number of small and medium-sized companies participating in the field life science research
Increased investments in life sciences R&D fuelling the adoption of more capital-intensive, combined technologies such as liquid chromatography-mass spectroscopy
Technological advancements in liquid chromatography-mass spectroscopy technique propelling their applied research
Higher accuracy and greater competency of LC-MS technique over gas chromatography-mass spectroscopy (GC-MS) technique
Growing need for liquid chromatography-mass spectroscopy in drug development efforts of leading pharmaceutical companies
Increasing adoption of liquid chromatography-mass spectroscopy techniques in clinical laboratories for reducing processing time
The report also reveals the impact of triple-quadrupole liquid chromatography-mass spectroscopy on clinical analysis of samples. The demand for triple-quadrupole LC-MS is increasing in clinical analysis, owing to largely improved ionization source and front end ion optics of LC-MS system. According to the report, more than 50% of the global LC-MS market revenues will be accounted by triple-quadrupole (QqQ) technology, throughout the forecast period.
Furthermore, leading players in the global liquid chromatography-mass spectroscopy market such as Thermo Fisher Scientific, Inc. are intensifying their spending on R&D of analytical instruments, which is favoring the market’s growth at considerable extent. Other leading participants in global market for LC-MS technique include Danaher Corporation, PerkinElmer Inc., JEOL Ltd., Bruker Corporation, Agilent Technologies, Waters Corporation, and Shimadzu Corporation.
Request Report TOC @ https://www.persistencemarketresearch.com/methodology/15094
Apropos the report findings, demand for liquid chromatography-mass spectroscopy technique will remain higher in clinical testing and environmental testing, revenues from which are anticipated to soar at 8% and 8.7% CAGRs respectively. Drug discovery and development, on the other hand, will be observed as the largest application of liquid chromatography-mass spectroscopy, procuring over one-third share of global revenues towards the end of 2024. The report identifies academic research institutions and contract research organizations as key end-users of liquid chromatography-mass spectroscopy. The use of LC-MS technique in biopharmaceutical companies, however, will record fastest revenue growth at 9.9% CAGR.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
T: +1-646-568-7751
Tollfree: +1 800-961-0353
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Liquid Chromatography-Mass Spectroscopy Market will be Valued over US$ 2.2 Bn by 2024-end here
News-ID: 1373457 • Views: …
More Releases from Persistence Market Research
Europe Oat Drinks Market to Reach US$434.4 Mn by 2032, Driven by Plant-Based Dem …
The Europe oat drinks market is currently valued at US$253.5 million in 2025 and is projected to reach US$434.4 million by 2032, registering a robust CAGR of 8.0% during the forecast period from 2025 to 2032. This upward trajectory is primarily driven by rising consumer preference for plant-based, lactose-free, and environmentally sustainable dairy alternatives. Increased awareness regarding health and wellness, coupled with the growing vegan population, is fueling the demand…
Sports Supplements Market to Reach US$ 43.6 Bn by 2032 | CAGR 8.1% Driven by Fit …
The global sports supplements market is poised for significant expansion, with a projected valuation of US$ 25.3 billion in 2025, expected to reach US$ 43.6 billion by 2032. This growth corresponds to a compound annual growth rate (CAGR) of 8.1% during the forecast period of 2025-2032. Increasing consumer awareness about health and fitness, rising participation in professional and amateur sports, and the growing trend of preventive healthcare are major factors…
Trash Compactors Market Transforming Waste Management Efficiency and Sustainabil …
Trash compactors have emerged as a vital component in modern waste management practices, offering innovative solutions for reducing the volume of waste while improving operational efficiency. These devices compress waste materials, enabling easier handling, storage, and transportation, and are widely used across residential, commercial, industrial, and municipal settings. As global waste generation continues to rise due to urbanization, population growth, and industrial activity, efficient waste management solutions such as trash…
Industrial Hooks Market, Strengthening Operational Efficiency and Safety Across …
Industrial hooks are indispensable tools across a multitude of industries, serving as key components in lifting, rigging, and material handling operations. These hooks are designed to withstand substantial loads while ensuring safety and reliability, making them essential for construction, manufacturing, logistics, mining, and maritime operations. The rising focus on operational efficiency, workplace safety, and regulatory compliance has driven the adoption of high-performance industrial hooks globally. Unlike conventional lifting equipment, industrial…
More Releases for Liquid
Vitamins: The Liquid Goldmine in the Booming Liquid Dietary Supplements Market
The liquid dietary supplements market is experiencing a surge in popularity, driven by consumers seeking convenient and effective ways to boost their health and wellness. Among the diverse offerings, the vitamins segment stands out as a high-opportunity area, catering to a wide range of health needs and preferences.
Market Dynamics and Growth Drivers
Liquid vitamins offer a compelling alternative to traditional pills and capsules, providing faster absorption, easier consumption, and customizable dosages.…
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Southeast Asia Liquid Gases Market : Growing with a CAGR of 7.1%, By Type (Liqui …
Southeast Asia liquid gases market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.1% in the forecast period of 2023 to 2030 and is expected to reach USD 5,042,237.33 thousand by 2030. The major factor driving the growth of the liquid gases market is the rising demand of fresh packaged products…
Southeast Asia Liquid Gases Market growing with a CAGR of 7.1%, By Type (Liquid …
Southeast Asia liquid gases market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.1% in the forecast period of 2023 to 2030 and is expected to reach USD 5,042,237.33 thousand by 2030. The major factor driving the growth of the liquid gases market is the rising demand of fresh packaged products…
Southeast Asia liquid gases market growing with a CAGR of 7.1%, Size, Share, Tre …
Southeast Asia liquid gases market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.1% in the forecast period of 2023 to 2030 and is expected to reach USD 5,042,237.33 thousand by 2030. The major factor driving the growth of the liquid gases market is the rising demand of fresh packaged products…
Dual Chamber Prefilled Syringes Market 2021 by Product (Liquid/Powder, Liquid/Li …
The Dual Chamber Prefilled Syringes Market report examines the market size by vital countries/regions, product type, application, historical data, and estimate to forecast. It helps to understand the structure of the Dual Chamber Prefilled Syringes Market by recognizing its different sub-segments. Furthermore, the report focuses on key market players to determine, describe and analyze the value, market share, market competition landscape, SWOT analysis, and development plans in the next few…
