Healthcare Services

Global Metabolomics Market Outlook, Opportunities And Strategies

December 6, 2021 by The Business Research Company

Learn about the global metabolomics market through The Business Research Company, which provides information on metabolomics market size, metabolomics market drivers and restraints, metabolomics market players, the COVID-19 impact on the metabolomics market, and more.

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The global metabolomics market is expected to grow from $2.03 billion in 2020 to $2.26 billion in 2021 at a compound annual growth rate (CAGR) of 11.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The metabolomics market is expected to reach $3.6 billion in 2025 at a CAGR of 12.3%.

Increasing prevalence rate of cancer is expected to drive innovation in metabolomics manufacturing, thus driving the market during the forecast period.

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The metabolomics market consists of sales of metabolomics analytical tools, equipment and related services. Metabolomics is the field of bio-analytics for quantification and identification of metabolic small molecules such as cell, tissue, organ and biological fluid. Metabolomics includes analytical instruments such as liquid chromatography, gas chromatography, capillary electrophoresis, mass spectrometry and nuclear magnetic resonance spectroscopy.

Global metabolomics market segments include:

By Product & Service: Metabolomics Instruments, Metabolomics Bioinformatics Tools & Services

By Application: Biomarker Discovery, Drug Discovery, Toxicology Testing, Nutrigenomics, Functional Genomics, Personalized Medicine, Others

By Indication: Cancer, Cardiovascular Disorders, Neurological Disorders, Inborn Errors Of Metabolism, Others

By Metabolomics Instruments: Separation Techniques, Detection Techniques

By Metabolomics Bioinformatics Tools & Services: Bioinformatics Tools And Databases, Bioinformatics Services

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Machine learning is increasing its popularity in the field of metabolomics due to improve efficiency in interpretation of data generated from metabolomics techniques. Machine learning enabled technologies help in automation of risky and complex processes, avoid repetitive and time taking processes, provide quick and error-free services. Companies in the industry are preferring machine learning techniques for metabolism analysis to solve problems, automate processes and execute tasks. Some of the machine learning algorithms aid in metabolism data analysis and metabolic pathway modelling. Some of the companies such as Bio-Rad Laboratories, Metabolon Inc and others have started using machine learning algorithms for better understanding and prediction in metabolomics study.

TBRC’s metabolomics market report covers:

Major Market Players: Human Metabolome Technologies, Metabolon, Bio-Rad Laboratories, Bruker and Agilent Technologies.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Metabolomics Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides metabolomics market overviews, analyzes and forecasts market size, share, metabolomics market players, metabolomics market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s metabolomics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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