Metabolomics Market Analysis, Size, Share, Growth, Trends, and Forecast
Metabolomics Market Size
Straits Research has published a comprehensive report on the global metabolomics market, forecasting significant growth over the next decade. The market size was valued at USD 2.4 billion in 2023 and is expected to reach USD 2.76 billion in 2024, expanding to USD 8.3 billion by 2032, at a compound annual growth rate (CAGR) of 13.2% during the forecast period (2024-2032).
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Market Key Trends
The metabolomics market is driven by factors such as:
- Increasing demand for personalized medicine
- Growing need for toxicology testing
- Advancements in analytical technologies
- Rising prevalence of chronic diseases
Driving Factors
- Government initiatives and funding for metabolomics research
- Increasing collaborations between industries and academia
- Growing demand for biomarker discovery
Opportunities
- Emerging applications in nutrigenomics and precision medicine
- Growing demand for metabolomics services in the pharmaceutical industry
- Increasing adoption of metabolomics in emerging economies
Metabolomics Market Segmentation
The global metabolomics market is segmented based on:
- By Metabolite Analysis
- Analytical Techniques
- Detection Techniques
- Bioinformatics Tools and Databases
- By Application
- Biomarker and Drug Discovery
- Toxicology
- Nutrigenomics
- Personalized Medicine
- Other Applications
- By Indication
- Cancer
- Cardiovascular Disorders
- Neurological Disorders
- Inborn Errors of Metabolism
- Others
- By End-User
- Academic and Research Institutes
- Pharmaceutical and Biotechnology Companies
- Contract Research Organizations
- Others
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List of Key Players in Metabolomics Market
The report features a comprehensive list of key players in the metabolomics market, including:
- Agilent Technologies
- Bruker Corporation
- Danaher Corporation
- Human Metabolome Technologies
- LECO Corporation
- Metabolon
- Shimadzu Corporation
- Thermo Fisher Scientific
- Waters Corporation
Conclusion
The global metabolomics market is poised for significant growth, driven by increasing demand for personalized medicine, advancements in analytical technologies, and growing collaborations between industries and academia. The report provides a comprehensive analysis of the market, including market size, growth drivers, opportunities, and key players.
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Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 646 905 0080 (U.S.)
