The Metabolomics Market Share Analysis provides the analysis of traders considering their contribution to the overall market. It gives the awareness of its revenue production into the complete market compared to other vendors in the universe. It delivers insights into exactly how dealers are execution in terms of revenue initiation and consumer base compared to others. Knowing market share presents an idea of the size and vendor competitiveness for the base year. It uncovers the market descriptions in terms of growth, breakup, supremacy, and incorporation attributes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
Metabolomics Market Overview
The global Metabolomics market is anticipated to reach USD 2.1 billion in 2021 growing at a CAGR of 13.1% during the forecasting period, 2021-2028.
Metabolomics is used widely in various disease research areas. Mass spectrometry is one of the highly applicable technologies in various basic disciplines, identification of endogenous substances in living organisms and, providing technical support for the discovery. Furthermore, this technology plays a vital role in disease treatment (such as bladder cancer, cardiovascular disease, breast cancer, kidney cancer, gastric cancer, natural metabolic errors, nutrition, and toxicological effects) animal and plant research, drug characterization and agricultural research, and nutrition
Increasing R&D expenditure for pharmaceutical and biotechnology, and increasing demand for personalized medicine are some of the factors that have supported long-term expansion for the metabolomics industry.
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Key Findings
The global metabolomics market is segmented into product, application, indication, end-user, and geography.
Product segment is segmented into GC, UPLC, CE, and Surface-based Mass Analysis
Indication segment is segmented into Cardiology, Oncology, and Inborn Errors
End-User segment is segmented into Academic Institute and CROs
Application segment is segmented into Biomarker Discovery, Drug Discovery, and Functional Genomics
Geographically, the global metabolomics market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Metabolomics Market Regional Analysis
Asia-Pacific region has recorded the highest growth rate in the overall global market during the forecast period 2021-2028.
Metabolomics Market Competitive Landscape
Key players
· Waters Corporation
· Agilent Technologies
· Shimadzu Corporation
· Thermo Fisher Scientific
· Danaher Corporation
· Bruker Corporation
· PerkinElmer
· Merck KGaA
· GE Healthcare
· Hitachi High-Technologies Corporation
· Human Metabolome Technologies Inc.
· LECO Corporation, Metabolon Inc.
· Bio-Rad Laboratories
· Scion Instruments
· DANI Instruments S.p.A.
· GL Sciences
· SRI Instruments
· Kore Technology Ltd.
· JASCO Inc.
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Metabolomics Market Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- In 2016, Agilent Technologies Inc. launched wide-ranging systems, software, and technologies designed to develop both the accuracy and speed of mass spectrometry
Reasons to Acquire in the Metabolomics Market
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
- Gain authentic and granular data access for the metabolomics market so as to understand the trends and the factors involved in changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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The Global Metabolomics Market research study involved extensive use of secondary sources, directories, and databases to identify and collect information and in-depth interviews were conducted with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, and to assess market prospects.According MarketsandMarkets™ Research – The report “Metabolomics Market by Product (GC,UPLC, CE, Surface based Mass Analysis), Application (Biomarker Discovery, Drug Discovery,Functional Genomics), Indication (Cardiology, Oncology,Inborn Errors), End User (Academic Institute,CROs) – Global Forecast to 2025” The global metabolomics technology market size is projected to reach USD 4.1 billion by 2025, at a CAGR of 13.4% between 2020 and 2025The major factors driving the growth of this market are the growing R expenditure in the pharmaceutical & biopharmaceutical industry, growing demand for personalized medicine and increasing use of metabolomics in toxicology testing are driving the growth of the global metabolomics industry.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=900Growth Driver: Availability of government and private funding for metabolomics research;Metabolomic studies are gaining prominence in the life science industry as they help reveal the optimum level of specific metabolites associated with the onset/progression of a disease and the exposure or response to treatment.
As metabolomics is considered a novel approach with tremendous potential, additional research is being conducted in this field.
Also, in recent years, the focus on metabolomic biomarkers has increased in drug development.
As a result of these factors, government and private investments in metabolomics research is increasing.According to a report by The Metabolomics Innovation Centre (TMIC), metabolomics has experienced tremendous growth since the last decade.
High-impact metabolomic discoveries in several diseases, such as cancer, have increased investments in metabolomics facilities across the globe.Opportunity:Biomarker development;Metabolomics is used to identify new biomarkers through bioinformatics tools, which indicate the changes in the physiological state of a cell or tissue.
As a result of these technological developments, new biomarkers are being regularly discovered.
