Metabolomics Market Anticipated to Attain USD 6.66 Billion Revenue by 2030 | Bruker corporation, Danaher Corporation, Metabolon INC., BiocratesLife Science AG, Water Corporation
Pharmaceutical and Biotechnology Applications: Metabolomics plays a crucial role in pharmaceutical and biotechnology research and development. It aids in understanding drug metabolism, identifying potential drug targets, studying drug toxicity, and evaluating the efficacy of therapeutics. Metabolomics also facilitates the discovery of novel biomarkers for various diseases.
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Technique: The market can be segmented based on the techniques used for metabolomics analysis. This includes mass spectrometry (MS), nuclear magnetic resonance spectroscopy (NMR), chromatography (liquid chromatography, gas chromatography), and others. Each technique offers specific advantages and limitations in terms of sensitivity, resolution, and coverage of metabolite classes.
Application: The market can be segmented based on the application areas of metabolomics. This includes pharmaceutical and biotechnology research, clinical diagnostics, agriculture and food industry, environmental monitoring, and others. Each application area has unique requirements and challenges for metabolomics analysis.
Product and Service: The market can be segmented based on the types of products and services offered in the metabolomics field. This includes instruments (mass spectrometers, NMR spectrometers, chromatography systems), software and databases for data analysis, metabolite standards and kits, and metabolomics services (sample preparation, data acquisition, data analysis, and interpretation).
End User: The market can be segmented based on the end users of metabolomics technologies and services. This includes academic and research institutions, pharmaceutical and biotechnology companies, hospitals and clinical laboratories, contract research organizations (CROs), and others. The specific needs and requirements of each end user segment influence the adoption and utilization of metabolomics.
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Regional Growth Dynamics:
On the basis of region, North America contributed to the major market share in terms of revenue 2020, holding more than two-fifths of the global metabolomics market, owing to surge in research activities which involve the use of metabolomics. Asia-Pacific, on the other hand, is projected to cite the fastest CAGR of 13.9% from 2021 to 2030. This is due to rise in awareness related to use of metabolomics.
Bio-Rad Laboratories INC.
Agilent Technologies INC.
Human Metabolome Technologies INC.
BiocratesLife Science AG
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