Stable Isotope Labeled Compounds Market Size And Forecast
The latest survey on Global Stable Isotope Labeled Compounds Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis, and new opportunities available and trend in the Global Stable Isotope Labeled Compounds Market. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges, and opportunities.
According to Verified Market Research, the Global Stable Isotope Labeled Compounds Market was valued at USD 258.2 Million in 2019 and is projected to reach USD 335.5 Million by 2027, growing at a CAGR of 3.38% from 2020 to 2027.
What are Stable Isotope Labeled Compounds?
Stable isotope-labelling includes the use of non-radioactive isotopes which can serve as tracers used to model different chemical and biochemical systems. The isotope can act as an identifiable label on that compound through nuclear magnetic resonance (NMR) and mass spectrometry (MS). The Commonly used stable isotopes include 2H, 13C, and 15N. Stable isotope-labeled compounds have generated considerable interest among researchers engaged in metabolism-mediated toxicity studies. Their role has risen insignificance in the assessment of in vivo metabolism in a vast range of metabolic research. Apart from metabolomics studies, stable isotope-labeled compounds are being increasingly used in environmental analysis, proteomics, and medical diagnostic research.
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Global Stable Isotope Labeled Compounds Market Overview
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The growth of this market is majorly driven by factors such as the increase in research activities in the pharmaceutical and biotechnology sector. Also, the rising prevalence of cancer has fuelled research activities using such stable isotope labeled compounds. Furthermore, the rise in the proteomics market due to an increase in the research activity, especially in the area of personalized medicine and drug presents a great opportunity for the stable isotope labeled compounds market to grow healthy over the forecast period. However, the implementation of stable isotope labeled compounds requires high capital investments and it is the biggest barrier for market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Stable Isotope Labeled Compounds Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Stable Isotope Labeled Compounds Market: Segmentation Analysis
The Global Stable Isotope Labeled Compounds Market is segmented on the basis of Type, End-Use, and Geography.
Based on type, the market is bifurcated into Deuterium, Oxygen-18, Carbon-13, and Nitrogen-15. Deuterium accounted for the largest market share in 2019 followed by Oxygen-18. Deuterium labeled compounds have been utilized efficiently by toxicologists and drug metabolism scientists to gain the understanding of drug disposition and potential performance of these compounds in the target organ toxicities.
Global Stable Isotope Labeled Compounds Market by End-Use
On the basis of End-Use, the Global Stable Isotope Labeled Compounds Market has been segmented into Research Institutes, Pharmaceutical & Biopharmaceutical, and Others. Research Institutes accounted for the largest market share in 2019. Government research institutes, medical research institutes, and academic research institutes employ such stable isotope-labeled compounds for performing metabolomics and proteomics research studies.
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On the basis of regional analysis, the Global Stable Isotope Labeled Compounds Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is the major contributor in the stable isotope-labeled compounds market partly due to the prevalence of cancer treatment and its research as well as the rising older population in the Americas.
Global Stable Isotope Labeled Compounds Market Competitive Landscape
The “Global Stable Isotope Labeled Compounds Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Merck KGaA, Cambridge Isotope Laboratories, Inc., PerkinElmer Inc., Medical Isotopes, Inc., Omicron Biochemicals, Inc., and Others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmark and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
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