The global stable isotope ratio mass spectrometry (IRMS) market size is expected to reach USD 219.8 million by 2024. Increasing research activities in environmental science, geology, and archeology are expected to drive the market during the forecast period. Applications of IRMS in forensic labs are also anticipated to present growth opportunities in near future. The instrument is also used for studying dietary pattern and migration history of cattle, which is anticipated to fuel market growth. GC-IRMS is used for detecting the presence of gases and solid particles in environment. To that end, increasing usage for detecting air pollutants is expected to further drive the market.
The global market for EA-IRMS is expected to register a CAGR of 2.5% over the forecast period pertaining to its increasing demand for research purposes. Rising concerns regarding global warming and climatic changes have resulted in an increased focus on R&D of environmental factors. Such trends are expected to boost demand for EA-IRMS in the forthcoming years.
LC-IRMS is mainly used in the analysis of food products owing to rising concerns related to food adulteration. It also finds applications in geochemistry and environmental chemistry, where it is used to understand the ratios of dissolved carbon. It is used in biochemistry to determine isotope effects of O18 during catalyzed hydrolysis of nucleotide triphosphates.