Metabolomics Market by Product and Service (Metabolomics Instruments and Metabolomics Bioinformatics Tools & Service), Application (Biomarker Discovery, Drug Discovery, Toxicology Testing, Nutrigenomics, Functional Genomics, Personalized Medicine, and Others), and Indication (Cancer, Cardiovascular Disorders, Neurological Disorders, Inborn Errors of Metabolism, and Others): Global Opportunity Analysis and Industry Forecast, 2021––2030
Metabolomics is study and analysis of biochemical processes involving intermediates and products of metabolic activity. The products are called as metabolomes that reflect a cluster of all metabolites involved in a reaction within an organism which includes metabolic intermediates, signaling molecules, secondary metabolites, and hormones.
Metabolomics includes utilization of various analytical processes for determination of metabolites which include spectroscopy, chromatography, and multivariate analysis. Metabolites are closely related to the phenotype of an organism and can be used for wide range of applications such as substantial equivalence testing and phenotyping of genetically modified plants, identification of gene function, and biotic-abiotic stress reaction analysis. Furthermore, it also allows researchers and scientists to calculate physiological effects and observe the adverse reaction of drugs on an organism.
Increased adoption of metabolomics in precision medicine, continues technological advances in medical devices is expected to drive the metabolomics market. Moreover, increased private and government funding for metabolomics R&D is expected to propel the metabolomics market in the analysis period. However, the high cost of analytical and equipment and their maintenance, and lack of effective data management is expected to encumber the market growth.
The metabolomics market is segmented based on product & services, applications, indications, and geography. Based on product and service, it is divided into metabolomics instruments and metabolomics bioinformatics tools & services. Metabolomics instruments are further classified into separation tools (high-performance liquid chromatography, gas chromatography, ultra-performance liquid chromatography, and capillary electrophoresis) and detection technique (mass spectrometry, nuclear magnetic resonance spectroscopy, and surface-based mass analysis). Metabolomics bioinformatics tools and services are further divided into bioinformatics tools & databases and bioinformatics services. Based on application, the market is categorized into biomarker discovery, drug discovery, toxicology testing, nutrigenomics, functional genomics, personalized medicine, and other applications. Based on indications, it is divided into cancer, cardiovascular disorders, neurological disorders, inborn errors of metabolism, and other indications.
By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Product development and research collaborations are the key strategies adopted by market players. The report provides a comprehensive analysis of the key players that operate in the global metabolomics market.
The overall impact of COVID-19 on the metabolomics market was fairly positive. This was due to the fact that metabolomics was applied in research to study COVID-19 disease. For instance, metabolomics is used for analysis of volatile organic compounds exhaled by COVID-19 patients. Thus, this quality of metabolomics led to its applications in a large-scale screening of population in point-of-care (POC) setting. In addition, active research is also ongoing related to the discovery of potential metabolomics-based prognostic markers for COVID-19. Similarly, a number of metabolic pathways related to energy metabolism, amino acid, and lipids were found to be affected by severe disease with COVID-19.
Hence, the rise in demand of metabolomics products for COVID-19 related research lead to a surge in growth of market which in turn impacted the market in a positive manner. KEY BENEFITS FOR STAKEHOLDERS
This report provides a detailed quantitative analysis of the current market trends and future estimations from 2020 to 2030, which assists to identify the prevailing market opportunities.
An in-depth analysis of various regions is anticipated to provide a detailed understanding of the current trends to enable stakeholders to formulate region-specific plans.
A comprehensive analysis of the factors that drive and restrain the growth of the Metabolomics Market is provided.
An extensive analysis of various regions provides insights that allow companies to strategically plan their business moves.
KEY MARKET SEGMENTS
By Product and Service
Metabolomics Instruments
Separation Techniques
High Performance Liquid Chromatography
Gas Chromatography
Ultra Performance Liquid chromatography
Capillary Electrophoresis
Detection Technique
Mass Spectrometry
Nuclear Magnetic Resonance Spectrometry
Surface Based Mass Analysis
Metabolomics Bioinformatic Tools and services
Bioinformatic Services
Bioinformatics Tools and Database
By Application
Biomarkers Discovery
Drug Discovery
Nutrigenomics
Toxivology Testing
Functional Genomics
Personalized Medicine
Others
By Indication
Cancer
Cardiovascular Disease
Neurological Disorders
Inborn Errors of Metabolism
Other
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
KEY MARKET PLAYERS
Agilent Technologies, Inc.
Danaher Corporation
Biocrates Life Sciences AG
Bruker Corporation
LECO Corporation
Metabolon, Inc.
Human Metabolome Technologies, Inc.
Bio-Rad Laboratories, Inc.
Shimadzu Corporation
Waters Corporation
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