The global metabolomics market is projected to achieve a lucrative growth rate during the forecast period due to the increased government and private funding in research and development, and rise in metabolic application in personalized medication. The market is led by instruments, in terms of size, majorly attributable to the fact that metabolomics instrument is extensively used while following the various steps of the experimental protocol. Metabolomics bioinformatics tools and services are expected to witness the faster growth in future, as it facilitates simpler analysis and data interpretation of widely available biological data.
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North America is the largest market for metabolomics products and services, mainly due to the factors such as presence of large number of funding from government and private bodies, and availability to technologically advanced products, with the dominance of some of the key players in the region. Asia-Pacific is expected to witness the fastest growth for the metabolomics market during forecast period. The major factors driving its growth are increasing healthcare and R&D expenditure, rise in adoption of technology for clinical applications, and the growing focus of major players to explore the untapped market.
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Metabolomics Market Segmentation
By Product & Services
- Metabolomics instruments
- Separation tools
- High-performance liquid chromatography (HPLC)
- Gas chromatography (GC)
- Ultra-performance liquid chromatography (UPLC)
- Capillary electrophoresis (CE)
- Detection tools
- Mass spectrometry
- Nuclear magnetic resonance spectroscopy (NMR)
- Surface-based mass analysis
- Metabolomics bioinformatics tools and services
- Bioinformatics tools & databases
- Bioinformatics services
- Biomarker discovery
- Drug discovery
- Toxicology testing
- Nutrigenomics
- Functional genomics
- Personalized medicine
- Others
- Cancer
- Cardiovascular disorders
- Neurological disorders
- Inborn errors of metabolism
- Others
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Some of the key players in the global market include Agilent Technologies, Inc., Danaher Corporation, Waters Corporation, Shimadzu Corporation, Bio-Rad Laboratories, Inc., Bruker Corporation, Human Metabolome Technologies Inc., Metabolon, Inc.
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