Global Metabolomics Market Prospects & Upcoming Trends and Opportunities Analyzed for Coming Years

In order to study the various trends and patterns prevailing in the overall market for Metabolomics, Market Research Reports Search Engine (MRRSE) has included a new report titled “Metabolomics Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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A large pool of players with a robust presence points towards the high degree of competition in the global metabolomics. Market Thermo Fisher, Biocrates Life Sciences, Agilent Technologies, Shimadzu, Human Metabolome Technologies, Waters, Metabolon, LECO, Bruker, and Bio-Rad Laboratories are some of the key companies leading this market, finds a new research report by MRRSE

Hitherto, these companies have relied upon innovation and product advancements for the growth of their business. Over the coming years, a shift in their focus towards strategic alliances can be observed, states the market study.

According to MRRSE’s estimations, the global market metabolomics will expand at a healthy CAGR of 17.10% during the period from 2016 to 2024 and reach a value of US$2.49 bn by the end of the forecast period. Drug assessment, nutrigenomics, biomarker discovery, and clinical toxicology have emerged as the key application areas for metabolomics across the world, states the report.

Demand for HPLC technique to remain Strong

The report considers separation and detection as the prime techniques utilized in metabolomics. Gas chromatography, high performance liquid chromatography (HPLC), capillary electrophoresis, and ultra-performance liquid chromatography (UPLC) have surfaces as the key separation techniques, among which, HPLC technique enjoys the most prominent demand across the world. Researchers project this trend to continue over the next few years.

In terms of geography, the market reports its presence across Latin America, the Middle East and Africa, North America, Europe, and Asia Pacific. Among these, North America and Europe has been leading the global market and are expected to remain doing so in the years to come, notes the research study.

Surge in Demand for Personalized Medicines Propels Market

“The substantial increase in the demand for personalized medicines, especially in North America and Europe, is the main factor behind the growth of the global metabolomics market. Apart from this, the surge in government initiatives and funding in research and the rising need for toxicology technologies and enhanced research and development activities across a number of pharmaceutical and biotechnology sectors are also propelling this market remarkably across the world.

On the other hand, the decreasing uptake rate of advanced technologies and data processing and analysis by conventional workers and the lack of skilled professionals may restrict this market from growing steadily over the forecast period. However, the effects of these restraints will be nullified with the upswing in the opportunities presented by biomarker discovery services and the untapped markets. The technological enhancements and the increasing partnerships between key players and various research institutes are also projected to boost the market in the near future, states the report.

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The market overview section of the report demonstrates major market dynamics such as drivers, restraints, and opportunities that influence the current and future status of the industry. Porter’s five forces analysis provides information about the competitiveness of the industry. Moreover, the market attractiveness and competitive landscape provided in the market overview gives information about the lucrative markets for investment and major players in this market, respectively. The report concludes with the company profiles section, which includes key information about major players in the market such as financial overview, business strategies, and recent developments.

Major players in this market are Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc.(U.S.), Biocrates Life Sciences AG (Austria), Shimadzu Corporation (Japan), Waters Corporation (U.S.), Human Metabolome Technologies, Inc.(Japan), LECO Corporation (U.S.), Metabolon, Inc. (U.S.), Bio-Rad Laboratories, Inc.(U.S.), and Bruker Corporation (U.S.)

Global Metabolomics market has been segmented as follows:

Global Metabolomics Market, By Technique

Introduction
Separation Techniques
Gas Chromatography (GC)
Capillary Electrophoresis (CE)‏
High Performance Liquid Chromatography (HPLC)‏
Ultra Performance Liquid Chromatography (UPLC)‏
Detection Techniques
Nuclear Magnetic Resonance Spectroscopy (NMR)‏
Mass Spectrometry (MS)

Global Metabolomics Market, By Application

Introduction
Drug Assessment
Biomarker Discovery
Nutrigenomics
Clinical toxicology
Others

Global Metabolomics Market, by Geography

Introduction
North America
United States
Canada
Europe
Germany
France
Rest of Europe

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