Mass Spectrometry Market To Grow Due To Rising Adoption By Pharmaceutical Industries

By Author: Pramod Kumar
Total Articles: 97
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“The increasing focus on food safety is a key factor fuelling the demand for mass spectrometry across the world”. As per many reports and surveys conducted by healthcare and food and beverage companies, chemicals, pathogens, and toxins present in the food items are majorly responsible for many diseases around the world. A major factor responsible for the contamination of food items is the quality of water used in their processing. Thus, with the growing public awareness regarding food safety, the requirement of mass spectrometry is rapidly rising across the world.

The other important factor propelling the demand for mass spectrometry is the surging healthcare expenditure in several countries around the world. The governments of many countries are increasingly making huge investments for improving the healthcare facilities and infrastructure and for providing enhanced healthcare services to the citizens. Furthermore, the increasing healthcare spending is causing the development of advanced treatment procedures and drugs, which is, in turn, boosting the adoption of mass spectrometry in various healthcare applications. ...
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In simpler terms, mass spectrometry is a method of measuring the mass-to-charge ratio of ions. This technique is used in a plethora of applications in the life sciences sector such as the identification of protein from the mass of peptide fragment, enzyme reaction monitoring, protein digestion, chemical modifications, forensic analysis, detection of disease biomarkers, ascertaining the protein structure, and the absolute or relative quantification of the proteins present in a sample.

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Academic and research institutes, life sciences and biotechnology sectors, hospitals, and pharmaceuticals are the main categories present under the end user segmentation of the mass spectrometry market. Out of these, “the highest usage of mass spectrometry is predicted to be observed in the pharamaceutical organizations in the future years”, owing to which, the pharmaceuticals category will register the highest growth in the market in future. There are mainly two types of mass spectrometry platforms used in these settings— single and hybrid. Between the two, “the utilization of the hybrid platforms would be higher in the coming years”.

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Thus, it can be said with surety that the demand for mass spectrometry will skyrocket throughout the world in the upcoming years, on account of the rising emphasis on food hygiene and safety, increasing public awareness regarding food safety, growing utilization of this method in various life sciences and healthcare applications, and surging healthcare expenditure in many countries around the world.

Pramod has around 7 years of experience in market research and consulting services for healthcare industry. He holds varied experience in market sizing and forecasting with varied models, competition landscape, consumer behavior analysis, opportunity analysis, product/company benchmarking, data mining and others. He has successfully delivered multiple projects on go-to-market strategies, pricing strategy, price point analysis, Business Expansion, market entry and exit, share analysis and others. Prior to joining P&S Intelligence, he worked with different research companies, including Transparency Market Research and MarketsandMarkets Pvt Ltd. Some of the projects delivered by him include Scar Treatment Market, Skin Replacement and Substitutes Market, and Energy-Based Aesthetic Devices Market.