With CAGR of 14.2% Metabolomics Services Market to Surpass US$ 1,396.79 Mn by 2030 | Thermo Fisher Scientific Inc., Agilent Technologies, Inc., SCIEX.

The goal of metabolomics is to precisely determine the amounts of all metabolites present in a sample of a living organism or a tissue from that organism. Enhanced resolution from nuclear magnetic resonance (NMR) spectroscopy and mass spectrometry (MS), combined with powerful chemometric software, have led to an increase in studies of small molecule biochemistry in bacteria, plants, and mammals. Metabolomics services generally fall into two categories: targeted and untargeted.

According to the projections, the worldwide metabolomics services market will reach a value of $483.74 million by 2023, expanding at a CAGR of 14.2 % over the predicted years (2023-2030).

 Global Metabolomics Services Market – Drivers

The global metabolomics services market is anticipated to be driven over the forecast period by the adoption of inorganic growth strategies like product announcements by key market players. To give just one example, in June of 2021, Thermo Fisher Scientific Inc., a manufacturer of analytical instruments, revealed the availability of their Orbitrap IQ-X Tribrid mass spectrometer, which facilitates reliable structure elucidation and the identification of previously unknown analytes. The Orbitrap IQ-X Tribrid mass spectrometer has many uses, including metabolomics and lipidomics studies, the identification of leachable impurities, and forensic toxicology.

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Global Metabolomics Services Market – Impact of Coronavirus (COVID-19) Pandemic

Over a hundred countries have reported cases of COVID-19 since the virus’s initial outbreak in December 2019, and on January 30, 2020, the World Health Organization declared the outbreak a public health emergency.

Three major ways that COVID-19 can affect the economy are through its effect on the supply and demand for drugs, its potential to disrupt distribution networks, and its potential monetary impact on businesses and the financial markets. Many nations, including China, India, Saudi Arabia, the United Arab Emirates, Egypt, and others, are having trouble moving drugs around the country as a result of nationwide lockdowns.

The global market for metabolomics services was negatively impacted by the COVID-19 pandemic. For example, in March 2021, data was published in the article Nature comparing plasma samples from 27 ambulatory patients with flu-like symptoms and a negative result for COVID-19 to those from patients with SARS-CoV-2 infection using the application of targeted and untargeted metabolomics with gas chromatography-mass spectrometry (GC-MS) and ultra-high-pressure liquid chromatography-mass spectrometry (UHPLC-MS). As a result, plasma concentrations of 77 metabolites varied depending on the stage of the study. Of these metabolites, 57 were found to be elevated in ICU patients, while of the remaining 30, 29 were found to be elevated and 1 was found to be decreased.

Global Metabolomics Services Market: Key Developments

Over the coming years, the global metabolomics services market is anticipated to expand thanks to the high acceptance of inorganic growth strategies like product launches by key market players. For instance, in June of 2022, Shimadzu Corporation, a medical equipment manufacturer, announced the release of their LCMS-2050 high-performance liquid chromatograph mass spectrometer, which is used to confirm synthetic products, measure amounts of ingredients in food products, and detect the presence or absence of impurities in the pharmaceutical and chemical industries.

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Global Metabolomics Services Market: Restraint

Over the forecast period, the global metabolomics market is expected to be hampered by the various difficulties inherent to metabolomics. For instance, difficulties usually arise at the time of collecting the sample, processing, and lab tests stages, as stated in an article posted in national library of medicine in January 2019. Analytical batch, specimen type, method of collection, and storage conditions are just some of the profiling-related variables that can affect metabolomic profiles and introduce noise into the data.

Global Metabolomics Services Market – Key Players

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.

Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
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
Research Methodology