Metabolomics Market Market 2018 Segments, Trends, Share and Forecast

The global metabolomics market is dominated by large market players such as Agilent Technologies, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Bruker Corporation (U.S.), Danaher Corporation (U.S.), Waters Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.) The leading players are continuously developing new and innovative products to maintain their shares in the metabolomics market.
The global metabolomics market is estimated to reach USD 2.39 Billion by 2021, at a CAGR of 14.6% during the forecast period. The growing acceptance of metabolomics for personalized medicine, increasing pharmaceutical and biotech R&D expenditure, and continuous technological advancements are some of the factors driving metabolomics market growth.

The global metabolomics market is broadly categorized into product & service, application, indication, and region. Based on product and service, the market is further segmented into two major segments— metabolomics instruments and metabolomics bioinformatics tools & services. Among these, the metabolomics instruments segment accounted for the largest share of the market in 2015. This is primarily attributed to the ability of these instruments to separate and detect the complex structure of metabolites on a large scale, providing quality results.

In addition, the increased accessibility and the increased usage of metabolomic tools for precision in various applications in the fields of clinical diagnosis, biomarker discovery, personalized medicine, and drug discovery and development. The metabolomic bioinformatics tools and services segment is expected to register the highest growth in the metabolomics market, majorly due to the ability of metabolome analysis software tools for interpreting the results of analytical experiments and understand the potential of metabolomics data generated from analytical tools.

Request Research Sample: https://www.marketsandmarkets.com/requestsample.asp?id=900

Thermo Fisher Scientific, Inc. (U.S.) held the leading position in the global metabolomics market in 2015. Its prominence in this market can be attributed to its diversified product portfolio that includes a wide range of products for metabolomics instrumentation tools and services. The company strongly invests in R&D activities to improve its existing product portfolio, as it has a strong pipeline of products for the growing metabolomics market. Moreover, the company has a wide geographic presence across North America, Europe, the Middle East & Africa, and Asia.

The company has also focused on a variety of strategies, such as agreements, product launches, and expansions, to increase its share in the metabolomics market. For instance, in September 2016, Thermo Fisher Scientific, Inc. (U.S.) launched the Thermo Scientific Exactive GC Orbitrap GC-MS system designed to enable powerful qualitative and quantitative analysis for GC-MS applications. This helped the company to better serve researchers in the fields of food safety, environmental, industrial, forensics, and anti-doping.

The global metabolomics market is broadly categorized into product & service, application, indication, and region. Based on product and service, the market is further segmented into two major segments— metabolomics instruments and metabolomics bioinformatics tools & services. Among these, the metabolomics instruments segment accounted for the largest share of the market

Based on metabolomics instruments, the market is further segmented into detection tools and separation tools. The detection tools segment is estimated to register the highest CAGR during the forecast period of 2016 to 2021. The benefits of detection tools such as high analytical reproducibility, non-destructive nature, and quick and easy sample preparation, and the rising need for the analysis of complex metabolome are propelling the growth of this market.

Read More: https://www.marketsandmarkets.com/Market-Reports/metabolomics-technology-market-900.html

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/metabolomics-technology-market-900.html