Global ICP-MS System Market 2025 – 2034

Reports Description

Global ICP-MS System Market size was valued at USD 198.6 Million in 2025 and is expected to reach at USD 311.9 Million by 2034 at a CAGR of 5.07% during the forecast period 2025 – 2034.

ICP-MS System is a very popular ionization technique used for the analysis of elements in a wide range of samples. ICP-MS System is very sensitive technique and can measure very low concentrations, even in challenging matrices.

The Inductively Coupled Plasma (ICP)- MS system is an ionization source that fully decomposes a sample into its constituent elements and transforms those elements into ions. The inductively coupled plasma is composed of argon gas and energy is coupled to it using an induction coil to form the plasma.

The ICP-MS system is practically used in the various industries such as routine environmental monitoring, product testing, food and pharmaceutical applications through life science, clinical research and mining & metal analysis.

(Source: Semiconductor Industry Association)

ICP-MS System Market Growth Factors

Research and Development of ICP- MS Semiconductor System

The rapidly expanding semiconductor industry across the globe due to the increasing investment in semiconductor manufacturing and fabrication across the developing countries is expected to drive the demand for the ICP-MS system.

The growing research and development in the ICP-MS semiconductor systems is expected to drive the demand for the ICP-MS semiconductor systems during the forecast period. The ICP-MS systems are powerful analytical instruments to obtain the best quality data from these instruments, such as sample preparation and introduction methods to perform with care.

The ICP-MS semiconductor system is implemented as an analytical technique used to determine the concentrations of elements used in their isotopes by ionizing the elements in the various samples with extremely high-temperature Argon (Ar) plasma and then using a mass spectrometer.

Rising Technological Advancements and Integration of the AI and Machine Learning

The growing technological advancements and integration of the various emerging technologies, such as artificial technologies and machine learning in the ICP-MS systems, are expected to drive the demand for the ICP-MS system during the forecast period.

Various technological advancements in the ICP-MS system, such as collision reaction cells, triple quadrupole MS, new detectors, and ICP OMS, are expected to drive the demand for the ICP-MS system during the forecast period. The increasing technological integrations, such as artificial intelligence and machine learning, in the ICP-MS system are expected to create lucrative opportunities for the market during the forecast period.

The quadrupole-induced plasma–mass spectrometry (ICP-MS) holds an invaluable position in modern analytical laboratories worldwide due to its multielement and multi-isotope capability, high sensitivity, very limited interference effects, precision, and accuracy.

Another important development is the triple-quadrupole ICP-MS instrument, which further improves on the interference-removal capabilities of collision–reaction cells. The ICP–triple-quadrupole MS system eliminates ionized matrix with the first quadrupole. The analyte of interest then enters the CRC, where isobaric and multiply charged interferences can be removed or the analyte can be reacted to a different mass before the second quadrupole filters the mass-to-charge ratio (m/z) corresponding to analyte of interest.

ICP-MS System Market Restraints

High Cost of the ICP-MS System

The ICP-MS System is composed of the various components such as the ample introduction system, an inductively coupled plasma (ICP) ion source, a vacuum interface, ion optics, a mass analyser, and an ion detection system.

The prices of these components fluctuating periodically due to the growing inflation and imbalanced demand supply scenario. The prices of the new ICP-MS Systems varies between the USD 50,000 to USD250,000 depending on the ICP-MS system and capabilities and features of the equipment.

Additionally, the prices of these components increases with the advanced detection limits and automation features at the higher end of the price spectrum.

Complex System and Operation of ICP-MS System

The ICP-MS System is very complex and it uses a plasma instrument to ionize the elements in a sample and then measures the ions using a mass spectrometer (MS). The main components of the ICP-MS instrument operation are sample introduction system to form a fine aerosol mist from the liquid sample. An ICP-MS system is considered very complex because it combines very high energy plasma generation system with a mass spectrometer and requires the precise control of the gas flow and temperature. The inconsistencies in the ion count rates and very complex system are main hurdles in the ICP-MS system integration.

Furthermore, lack of universal directives pertaining to the implementation of the ICP-MS system are mainly restraining the overall market growth. The key stakeholders operating in the market are finding very difficult to comply with such country wide regulations, which in turn discouraging the new investment in the market, thereby restraining the overall market growth.

ICP-MS System Market Opportunities

Technological Advancements in the ICP-MS System

Technological advancements in the ICP-MS system are expected to create lucrative opportunities for the market during the forecast period. The rapid technological advancements in the continual optimization of mass spectrometry with inductively coupled plasma.

The growing technological advancements in the ICP-MS system in the five basic parts such as the sample introduction system, plasma, vacuum interface, ion optics with mass analyser, and ion detection system is expected to foster its efficiency, performance, sensitivity and usability of the ICP-MS system, thereby creating lucrative opportunities for the market during the forecast period.

Technological advancements such high resolution mass spectrometers such as magnetic sector ICP-MS and time of flight.  Furthermore, growing integration of the Multicollector ICP-MS and Femtosecond lasers are improves the precision and accuracy. Thus, such technological advancements are expected to create lucrative opportunities for the market.

ICP-MS System Market Segmentation Analysis

The global ICP-MS system market is segmented by product type, by modality, by application, and by region. By product type, the ICP-MS market is segmented into the single quadrupole ICP-MS, triple quadrupole ICP-MS, multi-quadrupole ICP-MS, high-resolution ICP-MS, multi-collector ICP-MS, and others.

Among all of these, the quadrupole ICP-MS technology segment dominated the market and is expected to keep its dominance during the forecast period. Various factors, such as the growing demand for the quadruple ICP-MS technology from the pharmaceuticals and semiconductor manufacturers, are expected to drive the market growth of this segment during the forecast period.

ICP-MS systems with quadrupole technology for the detection of ultra-trace impurities are expected to support the growth of the quadrupole technology market.

Triple Quadrupole ICP-MS segment is expected to grow at fastest CAGR during the forecast period owing to growing usage of the quadrupole ICP-MS is powerful tool for the quantitative analysis, especially for rare earth elements. Triple quadrupole has lower chemical noise, which improves sensitivity and detectability.

By modality, the global ICP-MS system market is segmented into the benchtop ICP-MS system and the floor-standing ICP-MS system. Among all of these, the benchtop ICP-MS system segment dominated the market and is expected to keep its dominance during the forecast period.

The benchtop ICP-MS system is a very compact, cost-effective instrument that analyzes elements in the various end-use samples.  It uses a plasma to ionize the sample and then measures the ions with a mass spectrometer. The floor-standing ICP-MS system segment is expected to grow at the fastest CAGR during the forecast period owing to the growing usage of the floor-standing modalities in the various end-use applications.

By application, the environmental analysis segment dominated the market and is expected to keep its dominance during the forecast period. Various factors, such as stringent government regulations coupled with the increasing environmental pollution and toxic contaminants, are mainly driving the market growth of this segment. ICP-MS systems are mainly used for air, soil, and water analysis.

An ICP-MS system adoption is increasing exponentially across the various end-use industries for accurate monitoring of pollutants such as heavy metals at very low concentrations, making it a crucial tool for environmental analysis.

The water analysis segment is expected to hold significant market share during the forecast period owing to rising concern for water quality among governments. The ICP-MS systems aid in the ultra-trace detection of metals and contaminants in drinking water.

Report Scope

ICP-MS System Market Regional Analysis

By region, the ICP-MS System market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Among all of these, North America held the highest market share in 2024 and is expected to keep its dominance during the forecast period.

Key countries such as U.S., Canada and Mexico are mainly driving the market growth of this region. Various factors such as presence of major key players in the region, increasing investment in the semiconductor industry, growing investment in the various end use applications, accurate elemental analysis in drug development and increasing investment in the clinical and diagnostic research are mainly driving the market growth of this region.

U.S. held highest market share North America region due to supportive government policies and presence of well-established industry eco system in the region. Various factors such as increasing investment in biopharmaceutical research, increasing stringent regulations pertaining to the environmental regulations are mainly driving the market growth of this region.

Asia Pacific region is expected to grow at fastest CAGR during the forecast period. Key countries such as China, India, Japan, ASEAN and South Korea are mainly driving the market growth of this region. Various factors such as increasing investment in the new technologies, presence of well-established end use industries, growing pharmaceutical and biomedical research and growing adoption of the ICP-MS system in the food & beverage industry are mainly driving the market growth of this region.

China held highest market share in the Asia Pacific ICP-MS system market in 2024 and is expected to keep its dominance during the forecast period.

ICP-MS System Market Recent Developments

• In April 2024, Agilent Technologies Inc. launched the advanced dilution system, the ADS 2, a new automation workflow solution that will increase productivity, lower the cost of ownership, and improve the overall efficiency within the laboratory. Through such new and advanced products, the company is aiming to increase its product portfolio and business operations.

• In 2024, PerkinElmer launched the NexION 1100 ICP mass spectrometer at Analytica. This is the next-generation ICP-MS and thermal analysis portfolio in two cities.

List of the prominent players in the ICP-MS System Market:

• Advion Inc. (Beijing Bohui Innovation Biotechnology Co. Ltd.)
• Agilent Technologies Inc.
• Analytik Jena GmbH Nu Instruments (AMETEK Inc.)
• PerkinElmer Inc.
• Shimadzu Corporation
• Thermo Fisher Scientific Inc
• Auriga Research’s ICP-MS
• Horiaba
• FPI
• Teledyne Leeman Labs
• GBC Scientific Equipment
• Others

The ICP-MS System Market is segmented as follows:

By Product Type

• Single Quadrupole ICP-MS
• Triple Quadrupole ICP-MS
• Multi-quadrupole ICP-MS
• High Resolution ICP-MS
• Multi-collector ICP-MS
• Others

By Modality

• Benchtop ICP-MS System
• Floor Standing ICP-MS System

By Application           

• Water Analysis
• Environmental Analysis
• Pharmaceutical and Biomedical Research
• Geological and Mining Research
• Food and Beverage Testing Petrochemical Analysis
• Semiconductor Analysis Other
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America