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Global Metabolomics Market Size By Indication (Cancer, Cardiovascular Disorders, Neurological Disorders), By Application (Biomarker Discovery, Drug Discovery, Toxicology Testing), By Product And Services (Metabolomics Instruments, Metabolomics Bioinformatics Tools And Services), By Geographic Scope


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Metabolomics Market Size By Indication (Cancer, Cardiovascular Disorders, Neurological Disorders), By Application (Biomarker Discovery, Drug Discovery, Toxicology Testing), By Product And Services (Metabolomics Instruments, Metabolomics Bioinformatics Tools And Services), By Geographic Scope

Metabolomics Market Size And Forecast

Metabolomics Market size was valued at USD 2.69 Billion in the year 2023, and it is expected to reach USD 7.22 Billion in 2031, at a CAGR of 13.13% over the forecast period of 2024 to 2031.

  • Metabolites, which are the small molecule substrates, intermediates, and products of cellular metabolism, are studied in the scientific field of metabolomics.
  • These essential molecules for an organism’s health serve as building blocks for cellular structures and fuels or products in metabolic reactions.
  • Metabolomics essentially investigates the fingerprint of these small molecules to understand how an organism functions.
  • By studying the metabolome, the complete set of metabolites in a cell, tissue, or organism, insights into an organism’s health and disease can be gained by scientists.
  • Metabolomics, a relatively new field, has already had a significant impact on our understanding of human health and disease. For instance, new biomarkers for diseases such as cancer, diabetes, and Alzheimer’s disease have been identified through metabolomics studies.
  • By understanding how metabolites are changed in response to disease, scientists can develop drugs that target specific metabolic pathways. This powerful tool has the potential to revolutionize disease treatment.

Metabolomics Market Dynamics

The key market dynamics that are shaping the metabolomics market include

Key Market Drivers

  • Advancements in Technology Analytical tools and techniques, like mass spectrometry and nuclear magnetic resonance (NMR), are being developed, leading to a more efficient and faster study of metabolites. This widens the range of applications for metabolomics and increases the demand for its services.
  • Rising Demand for Personalized Medicine Treatment plans are increasingly tailored to individual patients based on their unique genetic and metabolic profiles, a trend known as personalized medicine. Metabolomics plays a role in this by providing valuable information for identifying disease biomarkers and understanding how patients respond to various treatments.
  • Increasing Prevalence of Chronic Diseases Chronic diseases like cancer, diabetes, and heart disease are becoming more common worldwide. Metabolomics offers a promising approach for these diseases, as it allows for early detection and diagnosis, as well as monitoring treatment effectiveness.
  • Government and Private Sector Investment Metabolomics research is receiving growing investment from both government and private sectors. This funding supports the development of new technologies, the identification of new biomarkers, and the application of metabolomics in clinical trials.

Key Challenges

  • High Cost of Instruments and Expertise Access to metabolomics technology is limited, particularly for smaller institutions and companies, due to the high cost associated with the specialized equipment and skilled personnel required for these studies.
  • Lack of Standardization The development of standardized protocols and data analysis methods is still ongoing in metabolomics. This inconsistency makes it difficult to compare results from different studies, hindering progress in the field.
  • Data ComplexityMetabolomics studies generate massive amounts of complex data. Effectively managing, storing, and analyzing this data remains a challenge, requiring specialized software and expertise.

Key Trends

  • Merging with Other Omics Technologies A trend is emerging where metabolomics is being increasingly integrated with other omics technologies, such as genomics and transcriptomics. This combined approach offers a more comprehensive understanding of how genes, proteins, and metabolites interact in health and disease.
  • Simplification Through User-Friendly Tools The development of user-friendly tools and workflows is facilitating metabolomics analyses. This wider accessibility to the technology is expanding its applications across a broader range of researchers and laboratories.
  • Increased Automation and High-Throughput Technologies Automation and high-throughput technologies are being incorporated into metabolomics workflows. This allows for faster analysis of larger sample sets, resulting in improved efficiency and productivity.
  • Growing Reliance on Contract Research Organizations (CROs) The use of Contract Research Organizations (CROs) for metabolomics services is on the rise. This trend is driven by the need for expertise and resources that may not be readily available in-house for many companies and research institutions.
  • Diversification into New Applications Metabolomics is finding applications in new areas beyond human health research. These include environmental monitoring, food science, agriculture, and drug safety testing. This diversification is expected to further fuel market growth.

Metabolomics Market Regional Analysis

Here is a more detailed regional analysis of the metabolomics market

North America

  • North America is established as the dominant region within the global metabolomics market, and this trend is expected to continue.
  • The life sciences industry in North America is well-established, with numerous leading pharmaceutical and biotechnology companies. These companies play a significant role in investing in metabolomics research and development, driving innovation and market growth.
  • North America benefits from a highly developed healthcare system with significant funding allocated for research and development.
  • North America faces a high burden of chronic diseases. This creates a strong demand for early detection and personalized treatment strategies, areas where metabolomics holds immense promise.
  • An upward trend is observed in North America with increased investment in metabolomics research from both the public and private sectors. This combined investment fuels the development of new technologies.

Asia Pacific

  • The Asia Pacific region encompasses a vast and economically diverse landscape. This diversity translates into a significant market potential for metabolomics applications across various sectors, including healthcare, pharmaceuticals, and agriculture.
  • Several governments in the Asia Pacific region are actively supporting metabolomics research through funding initiatives and policies. This financial backing is facilitating the development of domestic metabolomics capabilities and fostering innovation.
  • Similar to North America, the Asia Pacific region also faces a growing burden of chronic diseases like diabetes and cancer. This creates a strong demand for novel diagnostic and therapeutic approaches, areas where metabolomics offers significant potential.
  • The concept of personalized medicine is gaining traction in the Asia Pacific region. Metabolomics plays a valuable role in this field by providing insights into individual metabolic profiles, which can be used for personalized treatment plans.
  • There is a significant rise in investments in the life sciences sector across the Asia Pacific region. This increased funding is fueling advancements in metabolomics research and development, propelling the market forward.

Metabolomics Market Segmentation Analysis

The Metabolomics Market is segmented based on Indication, Application, Products and Services, And Geography.

Metabolomics Market, By Indication

  • Cancer
  • Cardiovascular Disorders
  • Neurological Disorders
  • Inborn Errors of Metabolism
  • Other Indications

Based on Indication, the market is divided into Cancer, Cardiovascular Disorders, Neurological Disorders, Inborn Errors of Metabolism, and Other Indications. The Cancer segment is expected to experience the highest CAGR during the forecast period. This growth can be attributed to an increasing number of cancer patients and the subsequent rise in demand for cancer therapies.

Metabolomics Market, By Application

  • Biomarker Discovery
  • Drug Discovery
  • Toxicology Testing
  • Nutrigenomics
  • Functional Genomics
  • Personalized Medicine
  • Other Applications

Based on Application, the market is divided into Biomarker Discovery, Drug Discovery, Toxicology Testing, Nutrigenomics, Functional Genomics, Personalized Medicine, and Other Applications. The Biomarker Discovery segment is expected to have the highest growth rate during the forecast period. The use of metabolic biomarkers to assess the health status of patients is increasing. In recent years, metabolomics has become an essential tool in discovering biomarkers due to significant technological advancements.

Metabolomics Market, By Product And Services

  • Metabolomics Instruments
  • Metabolomics Bioinformatics tools and services

Based on Products and Services, the market is classified into Metabolomics Instruments and Metabolomics Bioinformatics tools and services. The Metabolomics Instruments segment is expected to experience the highest CAGR during the forecast period. This growth can be attributed to significant technological advancements in scientific instruments, such as miniaturization, mechanization, and computerization, as well as the increasing healthcare infrastructure in emerging nations for more effective disease diagnosis and treatment, particularly in the fields of nutraceuticals and metabolomics.

Metabolomics Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world.

Based on Geography, the metabolomics market is divided into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region is expected to experience the highest compound annual growth rate (CAGR) during the forecast period due to increasing demand for improved pharmaceutical products from developing economies such as India and China. China and India are significant contributors to this market’s growth. The Asia Pacific region is also expected to grow at a considerable CAGR during the forecast period due to the presence of major players operating in the Metabolomics Market.

Key Players

The “Metabolomics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Waters Corporation, Danaher Corporation, Shimadzu Corporation, Biocrates Life Sciences AG, Bio-Rad Laboratories, Inc., Bruker Corporation, Human Metabolome Technologies, Inc., Leco Corporation, and Metabolon, Inc.

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 product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Metabolomics Market Key Developments

  •  In February 2024, the Metabolomics in Life Science conference in Umeå, Sweden, showcased cutting-edge research in NMR- and MS-based metabolomics. The event emphasized synergies between SciLifeLab units and the Computational Analytics Support Platform (CASP) at Umeå University.
  • In July 2023, MetaSight Diagnostics partnered with KSM Research and Innovation Center to conduct extensive metabolomics research.
  • In June 2023, Waters updated its SELECT SERIES™ MRT System, which can increase its specificity and utility for UPLC-MS/MS metabolomics and drug discovery applications and mass spectrometry imaging experiments.
  • In January 2023, CosmosID launched its metabolomics services to enhance support for multi-omics microbiome research.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Waters Corporation, Danaher Corporation, Shimadzu Corporation, Biocrates Life Sciences AG, Bio-Rad Laboratories, Inc., Bruker Corporation, Human Metabolome Technologies, Inc.

Segments Covered

By Indication, By Application, By Products and Services, And By Geography

Customization Scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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