Metabolomics Market to Witness Huge Growth by Key Players: Waters Corporation, Agilent Technologies, Shimadzu Corporation, Thermo Fisher Scientific, Danaher Corporation, Bruker Corporation, PerkinElmer

Global Metabolomics Market 2022-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The Metabolomics market is projected to grow from USD 3.3 billion in 2021 to USD 4.1 billion by 2026, at a CAGR of 4.5% from 2021 to 2026.

The report provides a comprehensive analysis of company profiles listed below:
• Waters Corporation (US)
• Agilent Technologies (US)
• Shimadzu Corporation (Japan)
• Thermo Fisher Scientific (US)
• Danaher Corporation (US)
• Bruker Corporation (US)
• PerkinElmer (US)
• Merck KGaA (Germany)
• GE Healthcare (US)
• Hitachi High-Technologies Corporation (Japan)
• Human Metabolome Technologies Inc. (Japan)
• LECO Corporation (US)
• Metabolon Inc. (US)
• Bio-Rad Laboratories (US)
• Scion Instruments (US)
• DANI Instruments S.p.A. (Italy)
• GL Sciences (Japan)
• SRI Instruments (US)
• Kore Technology Ltd. (UK)
• JASCO Inc. (US)

"By Product & Service, the metabolomics instrument accounted for the largest share of the metabolomics market."
The metabolomics instrument segment is expected to account for the largest market share in 2020. Factors such as the technological advancements in analytical instruments in terms of miniaturization, automation, and computerization; increase in the number of research-related activities worldwide in the field of medicine, nutraceuticals, and metabolomics; and strengthening healthcare infrastructure in developing nations for efficient disease diagnosis and treatment are expected to propel the growth of this segment during the forecast period.

"By application, the biomarker discovery segment accounted for the largest share of the metabolomics market."
The biomarker discovery segment is expected to account for the largest market share in 2020. The use of metabolic biomarkers to assess the pathophysiological health status of patients is increasing. In recent years, as a result of significant technological advancements, metabolomics has become a vital tool in discovering biomarkers.

"By Indication, Cancer segment expected to grow at the fastest growth rate during the forecast period."
Based on indication, the metabolomics market has been segmented into into cancer, cardiovascular disorders, neurological disorders, metabolic disorders, inborn errors of metabolism, and other indications (respiratory and infectious diseases. The cancer segment is expected to account for the largest market share in 2020, with the highest growth rate as well. This can primarily be attributed to the increasing number of patients who have cancer and the subsequent increase in the demand for cancer therapies.

"Asia Pacific: The fastest-growing region in the metabolomics market."
The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Several global pharmaceutical firms have entered the APAC market to tap the significant growth opportunities in emerging Asian countries and lower their production costs by shifting their drug discovery R&D operations and manufacturing to the region. A large number of qualified researchers and low-cost operations in APAC countries, such as India and China, are some of the major factors supporting this trend.

"North America: The largest share of the metabolomics market."
North America, which includes the US and Canada, accounted for the largest share of the metabolomics market. The large share of the North America region can be attributed to the presence of major players operating in the metabolomics market in the US, growing biomedical research in the US, and rising preclinical activities by CROs and pharmaceutical companies in the region.

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Competitive Landscape of Metabolomics Market:
1 Overview
2 Market Share Analysis (2019)
3 Key Market Developments
3.1 Product Launches
3.2 Acquisitions
3.3 Partnerships, Collaborations, And Agreements
3.4 Expansions

Research Coverage:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the metabolomics market and provides them information on key market drivers, challenges, and opportunities.

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This release was published on openPR.