Metabolomics Services Market Is Expected to Reach USD 19.1 billion by 2032, growing at a Compound Annual Growth rate of 11.8% over the Projected Period

Metabolomics is an objective lens to view the complex nature of how physiology is linked to external events and conditions, as well as measure its response to perturbations such as those associated with disease. A wide range of metabolic services from discovery to targeted analysis. Metabolome means the complete set of small-molecule chemicals found within a biological sample and metabolomics refers to the systematic identification and quantification of the metabolome of a biological system at a specific point in time. The goal of metabolomics is to detect and quantify small molecules in biological fluids and tissues (metabolites). Metabolites represent a diverse group of chemical compounds such as amino acids, lipids, organic acids and environmental chemicals.

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Market Trends and Drivers
Various factors leading to the growth of the metabolomics industry include the rise in funding for technological research from government as well as private organizations, along with increase in collaborations & partnerships of key players for enhancement of their product portfolio. There has been significant rise in the R&D expenditure by the key players for development of technologically advanced metabolomics platforms, which is expected to drive the growth of the market during the forecast period. The advent of personalized medication also acts as a driving force to the growth of the market.

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Major Players in the Global Metabolomics Services Market
The key players in the market Agilent Technologies, Inc. (US), Waters (US), Bruker (US), TMIC (CANADA), Thermo Fisher Scientific (US), Biocrates Life Sciences AG (AUSTRIA), Creative Proteomics (US), Human Metabolome Technologies America Inc (JAPAN), Shimazdu Corporation (Japan), and Metabolon, INC (US). among others, among others.

COVID-19 Impact:
The industry soared to the challenge posed by COVID, working by employing unique ways to bolster the metabolomics services market share. The metabolome is exceptionally dynamic, and metabolism shifts often lead to clinical phenotype changes. The use of metabolomics is being leveraged to shape our understanding of COVID-19, which could play a vital role. The fruitful cases for biomarker study in pneumonia, sepsis, and comorbidities related to many COVID-19 infections indicate the possibility of metabolomics to bring about an adapted health care strategy for Covid-19, delivering safe and effective treatments to patients.

Recent Developments:
In July 2021, Thermo Fisher Scientific along with the University of California launched a research collaboration, to provide innovations, standard operating procedures, and best practices to the metabolomics community. These initiatives are sure to provide robust market growth opportunities in the future.

In June 2021, Thermo Fischer Scientific launched the Next-Generation of MS-Based Solutions Orbitrap IQ-X Tribrid mass spectrometer, which was specially designed to reveal complex chemical structures for compound identification. It also involves the process of structure elucidation of small molecules combining industry-leading mass analyzer technology with intelligent automation, real-time decision making, intuitive software, etc.
In April 2021, BioMerieux received CE Marking for the VITEK MS PRIME, a novel MALDI-TOF mass spectrometry identification system, which is a crucial step in the microbiology workflow.

In September, 2020, Waters Corporation announced the establishment of Immerse Cambridge, a research laboratory in the heart of Cambridge's Kendall Square, where Waters partnered with academia to accelerate the next generation of scientific advancements

In January 2020, Agilent and Thermo Fisher extended their collaboration to enhance the compatibility of Thermo Fisher's analytical systems with Agilent's OpenLAb Chromatography Data System, which allows users to streamline quality control workflows through improved compatibility and high-performance liquid chromatography instrumentation.

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