Ion Chromatography Mass Spectrometry Market – Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Ion Chromatography Mass Spectrometry Market
Ion chromatography mass spectrometry market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.7% in the forecast period of 2020 to 2027and expected to reach USD 3,267.12 million by 2027. Growing demand of the purified products in various industries are the factors for the market growth.
Ion chromatography mass spectrometry market offers wide applications in food, pharmaceutical, biotechnology industries helps in process validation and clinical testing of protein identification and quantitative analysis of drugs, pharmacokinetics, proteomics, biomarker discovery, food nutritional composition testing, environment testing and others. Wide application and demand of mass spectrometry in drug discovery have augmented the market growth.
Growing advancement of mass spectrometry as compared to the past few years will accelerate the market growth. Stringent regulation set up by the government authorities in food and drug development for consumer’s health and the method validation requires adaptation and utilization of mass spectrometry.
For instance, in May 2019, FDA published a report in which a method has been described to detect six nitrosamine impurities present in ARB drugs. The high-mass accuracy (HRAM) mass spectrometer as well as high-resolution spectrometer is the best suitable technique as it provides the high sensitivity at detecting the accurate value of m/z in deprotonated and protonated impurity ions. These methods or techniques described by the FDA are driving the high-mass accuracy (HRAM) mass spectrometer demand in the market. Such regulation supports the utilization of mass spectrometry in different sectors and leading the market growth in forecast period.
This ion chromatography mass spectrometry market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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