Metabolomics Services Market report offers Market Size, Dynamics, Regional Market Share, Top Key Players, Latest trends, Growth factors, Industry Stats, Historic Market, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
Increment in the requirement for exact malady conclusion, development popular for customized medication, innovative progressions in the field of metabolomics, and tremendous speculations from general society and private parts for R&D exercises are expected to fuel the metabolomics showcase development over the figure time frame. Additionally, extensive variety of utilizations of metabolomics, increment in the predominance of target sicknesses, for example, growths, and increment in the extent of clinical trials and toxicological examinations are boosting the metabolomics advertise. Be that as it may, stringent administrative rules, inaccessibility of cutting edge instruments, absence of innovation selection, shortage proficient analysts, high cost for R&D exercises, and issues with information examination and preparing may hamper the development of metabolomics benefits over the estimate time frame.
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Metabolomics services market is segmented on the basis of product type, application, therapeutic area, and end-user
Based on the service type, metabolomics services market is segmented into the following:
- Separation & Detection Services
- Lipidomics
- Proteomics
- Targeted Metabolite Assays
- Others
- Bioinformatics Services
Based on the sample type, metabolomics services market is segmented into the following:
- Urine
- Tumour
- Cell culture Media
- Whole Blood
- Food Ingredients
- Plant
- Others
Based on the sample source, metabolomics services market is segmented into the following:
- Human
- Animal
- Others
Based on the end-user, metabolomics services market is segmented into the following:
- Medical Industry
- Agriculture Industry
- Food Processing Industry
- Others
Based on the region, metabolomics services market is segmented into the following:
- North America
- Europe
- Asia-Pacific
- Rest of the World
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Metabolomics services market is growing at a significant CAGR owing to increase in the demand for personalized medicine and government initiations for the prevention of genetic disorders in new-born babies. Moreover, most of the pharmaceutical and biopharmaceutical companies are focusing on the R&D activities of metabolomics which are helping in the drug discovery, biomarker discovery, and other applications. Acquisitions & mergers, collaborations, and technological advancements are the strategies followed by the competitors for garnering the metabolomics market revenue. For instance, in August 2014, Cenix Bioscience GmbH inked an agreement with Metanomics Health GmbH for the development of metabolomic biomarkers. Moreover, in July 2017, Thermo Fisher Scientific collaborated with SRI international for the development of small molecule research.
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Geographically, metabolomics services market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America estimated to hold large revenue share in global services market owing to a huge number of biopharmaceutical companies focusing on the R&D activities of metabolomics, rise in funding from the government organizations, and availability of professional researchers and well-established infrastructure in the region. Europe exhibiting significant growth due to high adoption of novel technologies, researchers and governments focusing on the prevention of genetic disorders, and increase in the target disease conditions are the factors drive the Europe metabolomics market over the forecast period. Moreover, due to increase in the population and birth rate, rise in the prevalence of diabetes and other targeted diseases, increase in R&D activities majorly in China, Japan, and India, and rise in demand for personalized medicine in Asia-Pacific region expected to create significant market opportunities over the forecast period.
Some of the players in metabolomics services market are Metanomics Health GmbH (Germany), Metabolon, Inc. (U.S.), SRI International (U.S.), Metabolomic discoveries GmbH (Germany), OWL Metabolomics (Spain), Sanyal biotechnology (U.S.) Cenix BioScience GmbH (Germany), West Coast Metabolomics Center (U.S), The Metabolomics Innovation Centre (TMIC) (Canada), Creative Proteomics (U.S), Lipotype GmbH (Germany), Stemina Biomarker Discovery, Inc. (U.S), Chenomx Inc. (Canada) to name a few.
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