(Companies: Human Metabolome Technologies, Metabolon, Bio-Rad Laboratories, Bruker and Agilent Technologies)
The global metabolomics market was valued at about $1.7 billion in 2018. North America accounted for about 42% of the metabolomics market in 2016, this region is expected to account for about 45% in 2019. 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.
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The global metabolomics market is expected to grow to $2.83 billion at a rate of about 13.6% through 2022. Increasing prevalence rate of cancer drives the metabolomics market growth. Metabolomics screens the potential biomarkers (specific cells, molecules, or genes, gene products, enzymes, or hormones) to measure the cancer drug responsiveness aiding early diagnosis. Metabolomics approaches such as nuclear magnetic resonance (NMR) technique and mass spectrometry (MS) techniques have been used to study cancer. Companies like Metabolon Inc., Bruker Corp, and others have adopted metabolomics as a tool for early detection and cure for cancer.
The increasing complexity in interpreting data act as a restraint hindering the metabolomics market growth. 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 modeling.
Major players in the market are Human Metabolome Technologies, Metabolon, Bio-Rad Laboratories, Bruker and Agilent Technologies. Metabolon is the world’s leading health technology company advancing metabolomics for precision medicine and every area of life sciences research.
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Few Points From Table of Contents:
2. Metabolomics Market Characteristics
3. Metabolomics Market Size And Growth
3.1. Global Metabolomics Historic Market, 2014 – 2018, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Metabolomics Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Metabolomics Market Segmentation
4.1. Global Metabolomics Market, Segmentation By Product & Service, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Metabolomics Instruments
Metabolomics Bioinformatics Tools & Services
4.2. Global Metabolomics Market, Segmentation By Application, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Biomarker Discovery
Drug Discovery
Toxicology Testing
Nutrigenomics
Functional Genomics
Personalized Medicine
Others
4.3. Global Metabolomics Market, Segmentation By Indication, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
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