Global metabolomics market is expected to rise to an estimated value of USD 4.87 billion by 2026, registering a CAGR of 13.79% in the forecast period of 2020-2026. Metabolomics is a specific study that is used in the analyzation and identification of metabolites in a sample of DNA of an organism. This study is concerned with the identification of the biological systems at a specific amount of time. This results in the complete analysis and information regarding the status of the organisms through its study.
Competitive Analysis: Global Metabolomics Market
Global metabolomics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of metabolomics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Market Competitors: Global Metabolomics Market
Few of the major competitors currently working in the global metabolomics market are Bruker; LECO Corporation; WATERS; Biocrates Life Sciences AG; Agilent Technologies, Inc.; PerkinElmer Inc.; Eurofins Scientific; Shimadzu Corporation; Bio-Rad Laboratories, Inc.; METABOLON, INC.; Dani Strumentazione Analitica S.P.A.; Human Metabolome Technologies America Inc.; Danaher; Thermo Fisher Scientific and Kore Technologies.
Segmentation: Global Metabolomics Market
- By Product & Service (Instruments, Bioinformatics Tools & Services)
- By Application (Biomarker Discovery, Drug Discovery, Toxicology Testing, Nutrigenomics, Functional Genomics, Personalized Medicine, Others)
- By Indication (Cancer, CVD, Neurological Disorders, Inborn Errors of Metabolism, Others)
- By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
- Increasing levels of expenditure in pharmaceutical & biotechnology R&D amid availability of funds from private and government sources; this factor is expected to drive the growth of the market
- Increased adoption of the study from the toxicology testing applications has resulted in positive effects on the growth of the market
- High levels of cost associated with tools and instrumentations used in the study of metabolomics is expected to restrain the growth of the market
- Lack of availability of personnel required to maintain and operate the equipments utilized in this study; this factor is expected to restrain the growth of the market
Reasons to Purchase this Report
- Current and future of global metabolomics market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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