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Metabolomics Market sales is growing at 25.0% CAGR till 2021
Metabolomics Market
Metabolites are substances or compounds found in the cell, they are intermediate products catalyzed by enzymes in the metabolism process. Signaling molecules, hormones, metabolic intermediates and secondary metabolites are some of the types of metabolites. Metabolism is the process to maintain a living state of the cell. Metabolism can be either anabolism or catabolism. Anabolism is the process in which certain compounds are synthesized that is required for cells to process, while the breakdown of molecules for releasing energy is the catabolism. The metabolome is total set of metabolites present in a single organism. Metabolomics is a study of chemical reactions related to metabolites and a field of analytical biochemistry. Metabolomics is used to compute and recognize the metabolites present in the cell via analytical technologies together with multi-variant and statistical method for data interpretation.
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Increasing scope of toxicological studies, clinical trials, rise in awareness for health and government and institution funds for research is expected to drive the demand for the metabolomics market. Lack of adoption of metabolomics technology and complexity of the process can hamper the metabolomics market. Increasing research and development expenditure and existing demand from emerging economies and is likely to open new market avenues in the near future.
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The metabolomics market is segmented on the basis of technology, indication, application, and region. Mass spectrometry, capillary electrophoresis, high-performance liquid chromatography, gas chromatography and nuclear magnetic resonance spectroscopy are some of the major segments based on technology. High-performance liquid chromatography was largest technology segment for metabolomics market. Drug discovery, biomarker, and nutrigenomics are some of the key application markets for metabolomics. Drug discovery emerged as dominating segment due to its significant role in optimization, prioritization, and Drug target validation and identification for research. Cardiology and Oncology are the indications for metabolomics.
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North America held 40% share in the global market and dominated the metabolomics market in 2015.This region remains competitive with the presence of a large number of vendors. Europe was the second largest market with over 30% share of the total share in the same year. Asia-Pacific is expected to witness rapid growth in the years to come.
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Key players in global metabolomics market include Danaher Corporation, Bruker Corporation, Waters Corporation, Metabolon, Inc., Agilent Technologies, Thermo Fisher Scientific and Shimadzu Corporation among others.
This report segments the metabolomics market as follows:
Technology Segment Analysis: High-performance liquid chromatography, Mass spectrometry, Capillary electrophoresis, Gas Chromatography, Nuclear Magnetic resonance spectroscopy
Indication Segment Analysis: Cardiology, Oncology
Application Segment Analysis: Drug discovery, Biomarker, Nutrigenomic
Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa
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