Press release
Metabolomics Market Size to Boost USD 9.92 Billion By 2032 | CAGR 14.6% - Published by Emergen Research
The global Metabolomics Market size was USD 2.58 Billion in 2022 and is expected to register a revenue CAGR of 14.6% during the forecast period. Growing healthcare industry and infrastructures in various countries, rising prevalence of chronic diseases and public awareness, increasing Research and Development (R&D) activities and government investments, growing acceptance of metabolomics in personalized medicines are some of the key factors driving market revenue growth. In addition, technological advancements and innovation is contributing significantly to market revenue growth.The leukemia therapeutics market encompasses a range of treatments and therapies aimed at combating leukemia, a type of cancer that affects the blood and bone marrow. Leukemia is characterized by the abnormal proliferation of white blood cells, which impairs the body's ability to fight infection and leads to symptoms such as fatigue, easy bruising, and increased susceptibility to infections. The leukemia therapeutics market includes various treatment modalities, such as chemotherapy, targeted therapy, immunotherapy, and stem cell transplantation, tailored to the specific subtype and stage of leukemia.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Metabolomics Market :
The growth of the leukemia therapeutics market is driven by several factors, including the increasing incidence and prevalence of leukemia globally, advancements in cancer research and drug development, and the expanding pipeline of novel therapeutics targeting leukemia-specific pathways and molecular abnormalities. Moreover, improvements in diagnostic techniques, such as genetic testing and molecular profiling, enable more accurate diagnosis and personalized treatment selection for leukemia patients. Additionally, collaborations between pharmaceutical companies, academic institutions, and research organizations facilitate the translation of scientific discoveries into innovative therapies with improved efficacy and safety profiles.
Growth Factors of the Metabolomics Market :
Several factors contribute to the continued expansion of the leukemia therapeutics market. The growing adoption of precision medicine approaches, such as targeted therapy and immunotherapy, enables more targeted and personalized treatment strategies based on the molecular characteristics of leukemia cells. Moreover, advancements in supportive care measures, such as hematopoietic growth factors and supportive therapies for managing treatment-related side effects, enhance patient tolerance and adherence to therapy. Furthermore, the emergence of novel treatment modalities, such as chimeric antigen receptor (CAR) T-cell therapy and antibody-drug conjugates, offers new avenues for improving outcomes in refractory or relapsed leukemia patients.
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The report also discusses the key players involved in the market such as:
Afekta Technologies Ltd., DNA Xperts Private Limited, Metabolomic Technologies Inc., Agilent Technologies, Inc., MS-OMICS, PerkinElmer Inc., Thermo Fisher Scientific Inc., Shimadzu Corporation, and BASF SE, Metabolon, Inc
The report provides a thorough estimation of the overall impact of the pandemic on the Metabolomics Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Metabolomics Market
Metabolomics Latest Industry Updates
In July 2021, Thermo Fisher Scientific Inc. and the University of California, Davis (UC Davis) launched the Center of Excellence in Clinical Metabolomics, a research collaboration to provide innovations, the best practices, and standard operating procedures to the metabolomics community.
In December 2021, Dickinson and Company (BD) announced that "embecta" will be the name of the publicly traded company that will hold BD's Diabetes Care business.
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Metabolomics Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented global metabolomics market on the basis of products & services, application, indication, end-use, and region:
Products & Services Outlook (Revenue, USD Billion; 2019-2032)
Metabolomics instruments
Metabolomics bioinformatics tools and services
Application Outlook (Revenue, USD Billion; 2019-2032)
Drug discovery
Biomarker discovery
Nutrigenomics
Functional genomics
Personalized medicine
Others
Indication Outlook (Revenue, USD Billion; 2019-2032)
Cancer
Cardiovascular disorders
Neurological disorders
Others
End-Use Outlook (Revenue, USD Billion; 2019-2032)
Academic and research institutes
Contract research organizations
Pharmaceutical and biotechnology companies
Others
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Russia
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
ASEAN Countries
Oceania
Rest of APAC
Latin America
Brazil
Mexico
Rest of LATAM
Middle East & Africa
GCC Countries
Israel
Turkey
South Africa
Rest of MEA
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