The global mass spectrometry market was valued at $4,948.3 million in 2015, and it is expected to grow at a CAGR of 8.1% during the period 2016 - 2022. The global market is increasing, due to increasing food safety concern, growing demand in life science and clinical analysis sector, and increasing healthcare expenditure and development of healthcare infrastructure. In addition, the technological advancements with advent of mass spectrometry equipment are further encouraging the growth of the market.