Metabolomics Technology Market is expected to grow at a moderate rate during the forecast period 2019-2025. Metabolomics is the organized quantitation and identification of all metabolites in a given biological sample or organism. Metabolomics is a new scientific field which has developed with an accelerating speed over the last decade. These developments are mainly driven by increasingly sensitive and strong analytical instrumentations permitting the quantification and analysis of thousands of metabolites from any biological system. The global metabolomics technology market is witnessing a significant growth owing to the increasing demand for metabolomics in drug discovery and personalized medicine. Moreover, rising government funding and investments by the biotech and pharmaceutical companies are further contributing to the growth of the market. However, factors such as high cost of metabolomics tools and instruments may hinder market growth.
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The global metabolomics technology market is segmented on the basis of products & service, and application. Based on the products & service, the market is segmented into metabolomics instruments and bioinformatics. The metabolomics instrument includes mass spectrometry, chromatography, capillary electrophoresis, nuclear magnetic resonance spectroscopy, and others. The metabolomics bioinformatics segment classified into tools & database, and services. Based on application, the metabolomics technology market is segmented into drug discovery, biomarkers, toxicology, and personalized medicine.
Moreover, the global metabolomics technology market is segmented on the basis of geography including North America, Europe, Asia-Pacific and Rest of the World. North America is estimated to have a significant market share in the global metabolomics technology market due to increasing funding by the government and investments made by the biotech companies. Moreover, increasing demand for personalized medicine in the region is further augmenting the market growth. Furthermore, the Asia-Pacific has significant growth in the metabolomics market owing to the rising awareness towards the metabolomics and rising healthcare infrastructure.
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The major players that contribute to the growth of the global metabolomics technology market include Biocrates Life Sciences AG, Bruker Corp. Shimadzu Corp., Thermo Fisher Scientific Inc., and others. By adopting various market strategies such as product launch, merger & acquisition, and partnerships collaborations, these market players are gaining a strong position in the market. For instance, In January 2018, Biocrates Life Sciences AG acquired Metanomics Health GmbH, that would enable the company to sustain its leading position in the metabolomics technology market.
Global Metabolomics Technology Market- Segmentation
By Products and Services
• Metabolomics Instruments
• Metabolomics Bioinformatics
• Drug Discovery
• Personalized Medicine
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Global Metabolomics Technology Market– Segment by Region
• United States
• United Kingdom
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
• AB SCIEX, LLC
• Agilent Technologies Inc.
• Biocrates Life Sciences AG
• Bio-Rad Laboratories, Inc.
• Bruker Corp.
• Chenomx Inc.
• Evotec AG
• Giotto Biotech S.r.l.
• Human Metabolome Technologies Inc.
• LECO Corp.
• Metabolomic Diagnostics Ltd.
• Metabolomic Technologies Inc.
• Metabolon, Inc.
• metaSysX GmbH
• ONE WAY LIVER, S.L
• Shimadzu Corp.
• SiDMAP, LLC
• Stemina Biomarker Discovery, Inc.
• Thermo Fisher Scientific Inc.
• Waters Corp.
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