Press release
Metabolomics Market Manufacturers, Regions, Types, Major Drivers, Revenue with top key players Agilent Technologies Inc. , Danaher Corporation , Biocrates Life Sciences AG , Bruker Corporation , Leco Corporation
According to a new report published by Allied Market Research, titled, Metabolomics Market by Product & Service, Application, and Indication: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global metabolomics market accounted for $1,379 million in 2016, and is estimated to reach $3,301 million by 2023, registering a CAGR of 13.2% from 2017 to 2023. North America was the highest contributor to the global metabolomics market in 2016; while, Asia-Pacific is anticipated to witness the highest growth rate throughout the forecast period.
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The global metabolomics market is expected to grow at a lucrative rate during the forecast period due to increased adoption of metabolomics in precision medicine and surge in R&D investments. Moreover, technological advancements in auxiliary medical devices used for metabolomics analysis and growth in demand for the development of quality medications are expected to fuel the metabolomics market. However, high cost of medical devices and lack of effective data management for metabolomic profiling hamper the market growth.
The biomarker discovery segment accounted for the highest market share in 2016, and is expected to continue this trend during the forecast period. Technological advancements in quantification methods & technologies and increase in concerns related to prevalence of chronic diseases, such as cardiovascular diseases, diabetes, and cancer, are expected to drive the growth of this segment.
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Key Findings of the Metabolomics Market:
• The drug discovery segment is estimated to grow at the highest rate during the forecast period.
• The biomarker discovery segment generated the highest revenue in 2016, and is expected to continue its dominance in the near future.
• North America dominated the global market in 2016.
• China is expected to grow at the highest CAGR in the Asia-Pacific region.
key players :
• Agilent Technologies Inc.
• Danaher Corporation
• Biocrates Life Sciences AG
• Bruker Corporation
• Leco Corporation
• Metabolon Inc.
• Human Metabolome Technologies Inc.
• Bio-Rad Laboratories Inc.
• Shimadzu Corporation
• Waters Corporation
• Thermo Fisher Scientific Inc.
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Table of content:
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. TOP PLAYER POSITIONING
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Growth in demand for personalized medicines
3.5.1.2. Upsurge in R&D investment for development of metabolomics
3.5.1.3. Rise in global incidences of chronic diseases
3.5.2. Restraints
3.5.2.1. High cost of metabolic instruments
3.5.2.2. Scarcity of skilled professionals
3.5.3. Opportunities
3.5.3.1. Immense potential in disease diagnostics
3.5.3.2. Emerging prospect in human nutrition
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Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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