The Global market for Metabolomics is expected to reach $2.8 billion by the end of 2020 growing at a CAGR of around 26% from 2014 to 2021. Metabolomics is the identification and quantification of the complete set of metabolites in a biological system. The steps involved in metabolomics analysis are profiling, identification, quantification and interpretation.
Profiling is finding all the metabolites detectable to a selected analytical technique with the significant variations in abundance with a set of experimental and control groups. This is followed by identification, quantification and validation. The final step is interpretation which includes making connections between the metabolites discovered and the biological conditions.
U.S. is considered to be the largest market for metabolomics because of good infrastructure facilities and increase in the research in the field of environmental analysis and biofuel development. The Global Metabolomics Market is segmented on the basis of Technique (Separation Techniques and Detection Techniques), Applications (Agriculture & Environmental Industries, Biomarker discovery, Personalized medicine and Toxicology Testing) and Region (North America, Europe, Asia Pacific and Rest of the World).
Huge investments by government & private players in the field of research and development, rising demand for personalized medicine and introduction of computer based metabolomics are some of the factors contributing to the market growth.
Lack of awareness of metabolomics and lack of skilled personnel to carry out the procedure are hindering the growth of the market.
What the report offers:
Market Definition for the specified topic along with identification of key drivers and restraints for the market.
Market analysis for the Global Metabolomics Market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the Global Metabolomics Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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