The market for metabolomics worldwide is forecasted to be priced at US$ 483.74 Mn in the year 2022 and is anticipated to show a CAGR of 14.2% in the predicted period from 2022 to 2030, as issued in a newly report published by Coherent Market Insights.
Rise in use of strategies of inorganic type like acquisition by the main companies is anticipated to push the market for the metabolomics services worldwide in the predicted period. For example, a microbiome research company, Clinical Microbiomics in October 2022, pronounced its acquirement of MS-Omics which is a provider of metabolomics. This acquisition benefits Clinical Microbiomics in adding extra skill in the profiling of metabolite from MS-Osmics in further advancement of its system biology platform and assists the researcher across the world in understanding microbiome and the way it impacts the health and disease.
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📌 Global Metabolomics Services Market– Impact of Coronavirus (COVID-19) Pandemic
The pandemic of coronavirus (COVID-19) and the nationwide lockdowns in many countries around the world have affected the financial conditions of the business houses in all the sectors, which includes the private healthcare sectors as well. The whole supply chain got impacted by the pandemic, mainly the healthcare industry, owing to the stringent lockdowns in many places. Substantially, the private healthcare got severely affected by the COVID-19 pandemic.
Most of the COVID-19 patients needed hospitalization and ventilation since they had severe respiratory infections. Several governments in the countries are emphasizing on lying down of initiatives to fight against this virus and undertaking various measure to combat the spread of the infection. Furthermore, the governments partnered with the universities worldwide to find new treatments that are available for COVID-19 and the associated complexities. For example, as per the medical trials, in August 2020, a government organization, Saudi Arabia, Ministry of Health, partnered with Jilin University China, Faculty of Science, Albert Einstein College of Medicine, U.S., Kafrelsheikh University, Egypt, to scrutinize the possible role of Aerosolized retinoic acid, a possible Vitamin-A metabolite in treatment of COVID-19 anosmia and retinoic acid insufficiency- an approach to regain the sense of smell. At present, the study is in its phase IV of medical trials.
📌 Global Metabolomics Services Market: Key Developments
Use of strategies of inorganic type like launching of product by the main companies is anticipated to push the market for metabolomics services worldwide in the predicted period. For example, a biotechnology company, Creative Proteomics in July 2021, announced the launch of novel metabolomics segment Creative Proteomics Metabolomics solutions including untargeted metabolomics services, untargeted lipidomics services and targeted metabolomics, animal metabolomics services and plant metabolomics services.
Rising use of strategies of inorganic strategy types like collaboration by main companies is anticipated to boost the market for metabolomics services worldwide in the predicted period. For example, a biotechnology company, BGI, in June 2021 pronounced their partnership with Champions Oncology, a discovery of drug and development company, to provide their particular customers end-to-end solutions of proteomics and multiomics in oncology biomarker discovery and validation.
📌 Key Takeaways of the Global Metabolomics Services Market
- The market for metabolomics services worldwide is anticipated to show a CAGR of 14.2% in the predicted period, owing to the rise in use of inorganic strategies like launch of product by the main companies in the predicted period. For example, a health technology company, Metabolon Inc., in October 2021 announced their launch of the novel SmartPanel portfolio which offer solutions of drug discovery and the exact medicine researchers with a new, active method to find out biologically relevant metabolomics data in regard to detailed metabolic ways, biological themes and associations of diseases.
- Based on the type, the segment of untargeted metabolomics is forecasted to hold a dominating place in the market of metabolomics services worldwide in the predicted period owing to the rising launch of products by the main companies in the market. For example, a biotechnology company, named, Creative Proteomics in July 2020, pronounced their launch of untargeted metabolomics services to the researchers for the development of drug. The ranges of services are urine untargeted metabolomics, untargeted metabolomics, exosome untargeted metabolomics, and cerebrospinal fluid untargeted metabolomics are built on the strong platform and methods in the aforesaid field with unchallenged exactness and sensitivity.
- Based on the regions, North America is forecasted in having the major share of the market of metabolomics services worldwide in the predicted period, due to the rise in the figure of inorganic strategies like partnership in expanding its exclusive and advanced services by the main companies in the market. For example, a diagnostic technology company, Metabolomic Technologies Inc., in June 2020 announced their collaboration with Forefront Health Partners, services, healthcare consulting group, and with QualiTox Laboratories, LLC., which is a high complex lab, in expanding within the market of United States by giving a suitable at home sample collection PolypD kit for the purposev of urine testing.
- The main companies in the market for metabolomics services worldwide are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., SCIEX (Danaher), Waters Corporation, Shimadzu Corporation, Bruker, Human Metabolome Technologies Inc., LECO Corporation, Biocrates life sciences AG, Metabolon, Inc., Metabolomic Technologies Inc., PerkinElmer Inc., Analytik Jena GmbH, Creative Proteomics, Vproteomics, DNA Xperts Private Limited, MS-OMICS, metaSysX, BASF SE, BGI, Afekta Technologies Ltd., Metware Biotechnology Co.,Ltd.
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📌 Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Metabolomics Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: Metabolomics Industry Impact
Chapter 2 Global Metabolomics Competition by Types, Applications, and Top Regions and Countries
2.1 Global Metabolomics (Volume and Value) by Type
2.3 Global Metabolomics (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Metabolomics Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Metabolomics Market Analysis
Chapter 6 East Asia Metabolomics Market Analysis
Chapter 7 Europe Metabolomics Market Analysis
Chapter 8 South Asia Metabolomics Market Analysis
Chapter 9 Southeast Asia Metabolomics Market Analysis
Chapter 10 Middle East Metabolomics Market Analysis
Chapter 11 Africa Metabolomics Market Analysis
Chapter 12 Oceania Metabolomics Market Analysis
Chapter 13 South America Metabolomics Market Analysis
Chapter 14 Company Profiles and Key Figures in Metabolomics Business
Chapter 15 Global Metabolomics Market Forecast (2023-2030)
Chapter 16 Conclusions
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