Metabolomics Market Size, Share, Trends, Growth and Forecast 2023-2028

IMARC Group, a leading market research company, has recently releases report titled, "Metabolomics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the global metabolomics market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the metabolomics market?

The global metabolomics market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.55% during 2023-2028.

What is metabolomics?

The study and examination of tiny molecules found in cells, biofluids, tissues, and living things is known as metabolomics. It involves a number of procedures, including data mining, extraction, and analysis, as well as the acquisition, separation, and detection of analytes. It uses a variety of analytical methods, including high-resolution mass spectrometry (HRMS) and nuclear magnetic resonance (NMR) spectroscopy. It serves as an effective tool in the diagnosis of a disease and facilitates the prediction of treatment response and survival. As it is also employed to detect the recurrence of a disease after therapy, metabolomics is gaining traction in biomarker and drug discovery, toxicology, nutrigenomics, and personalized medicines across the globe.

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What are the growth prospects and trends in the metabolomics industry?

One of the primary factors favourably affecting the market at the moment is the growing worldwide elderly population as well as the rising prevalence of cancer and various cardiovascular and neurological ailments. Additionally, the demand for untargeted metabolomics for IEM screening is being sparked by an increase in the incidence of inborn errors of metabolism (IEM), such as fructose intolerance, maple syrup urine disease (MSUD), fatty acid oxidation abnormalities, mitochondrial disorders, and (PKU). In line with this, increasing investments in research and development (R&D) activities and rising integration of machine learning (ML) algorithms with metabolomics to identify weight gain biomarkers is fueling the growth of the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Insights on Market Segmentation:

Market Breakup by Product:
Metabolomics Instruments
Metabolomics Bioinformatics Tools and Services

Market Breakup by Indication:
Cancer
Cardiovascular Disorders
Neurological Disorders
Inborn Errors of Metabolism
Others

Market Breakup by Application:
Biomarker and Drug Discovery
Toxicology
Nutrigenomics
Personalized Medicine
Others

Market Segmentation by Region:
North America
Asia Pacific
Europe
United Kingdom
Latin America
Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

Agilent Technologies, Inc. (A)
Biocrates Life Sciences AG
Bio-Rad Laboratories, Inc. (BIO)
Bruker Corporation (BRKR)
Danaher Corporation (DHR)
HUMAN METABOLOME TECHNOLOGIES I (6090.T)
Metabolon Inc.
SHIMADZU CORP (SHMZF)
Thermo Fisher Scientific Inc.
Waters Corporation, etc.

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