Metabolomics Market Size to be Worth USD 1,059 Million by 2035 | Roots Analysis

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Type, Area of Application, Techniques, End User

Geographies Covered

North America, Europe, Asia-Pacific and Rest of the World

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, Drivers, Restraints and Trends

 

Market Drivers 

The metabolomics market is driven by the rising incidence of chronic diseases such as cardiovascular disorders, diabetes, and metabolic syndrome, which propelled the demand for advanced diagnostic tools. Metabolomics has the capability to reveal the metabolic changes associated with the disease; therefore, it is widely utilized in early disease diagnosing and monitoring. Furthermore, the growing prevalence of personalized medicine to meet individual patients' requirements based on molecular profiling has become a significant growth driver for the metabolomics market. Technological integration of metabolomics with other omics technologies, such as genomics, proteomics, and transcriptomics, enables researchers to gain comprehensive insight into biological systems. The integration of omics technology to study molecular interaction and pathways has accelerated the wide-scale adoption of metabolomics across various research sectors, which is anticipated to drive the market.

Market Restraints

The high cost of advanced instruments and technologies required for detailed analysis of small molecules and data standardization are the major market restraints that limit the growth of the market. Metabolites have a complex structure and are variable in nature. Hence, it can be challenging for researchers to interpret data due to a lack of standardized protocols. Further, the identification and validation of different metabolomics biomarkers for particular diseases is a complex and time-consuming process. The lack of well-validated biomarkers hinders the conversion of metabolomics research into clinical application.

Growth Factors 

One of the significant growth factors driving the metabolomics market during the forecast period is increasing applications in clinical research. The ongoing advancements in technological instruments such as mass spectrometry and nuclear magnetic resonance spectroscopy for the enhancement of the speed of metabolomics analysis are contributing towards the growth of the market. Expanding research in environmental science and growing awareness of nutrigenomics have surged the demand for metabolomics, which is anticipated to grow the market during the forecast period.

Recent Developments in the Metabolomics Market 

It is worth highlighting here that several recent collaboration and development activities have taken place in the metabolomics market; some of these are listed below.

In July 2023, MetaSight Diagnostic inked a strategic partnership with KSM Research and Innovation Center in order to conduct extensive research on metabolomics.In June 2023, Waters published recent updates to its SELECT SERIES™ System with the desired capacity to increase its specificity and utilization for UPLC-MS / MS metabolomics, drug discovery applications, and mass spectrometry imaging experiments.In January 2023, CosmosID launched its metabolomics services in order to provide improved support for the research of multi-omics microbiomes.

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Metabolomics Market Segments

Based on the area of application, the metabolomics market is segmented into biomarker discovery, personalized medicine, disease diagnostics, drug discovery, and toxicological metabolomics testing.

Based on the type of metabolomics services offered, biomarker discovery will dominate the market, holding a significant share of 35% in 2023. The biomarker discovery is expected to experience substantial growth and is estimated to grow at a higher CAGR of 15.76% during the forecast period.

Based on the type of metabolomics services offered, the metabolomics market is segmented into targeted metabolomics and untargeted metabolomics.

Based on the type of metabolomics services offered, targeted metabolomics will dominate the market, holding a significant share of 59% by 2035. The untargeted metabolomics is expected to experience substantial growth and is estimated to grow at a higher CAGR of 15.18% during the forecast period.

Based on the type of metabolome profiling techniques used, the metabolomics market is segmented into LC-MS, GC-MS, and NMR.

Based on the type of metabolome profiling technique used, the metabolomics market is dominated by LC-MS, capturing 49% of the market share by 2035.The GC-MS metabolome profiling techniques will likely grow at the highest compounded annual growth rate of 15.72% during the forecast period 2023-2035.

Based on the type of end-user, the metabolomics market is segmented into academic and research, pharma and biotech firms, and CROs.

Based on the type of end user, the metabolomics market is dominated by the academic and research institutes, holding a significant share (50%) by 2035.Academic and research institutes are expected to grow at the highest compounded annual growth rate of 15.21% during the forecast period.

Based on the key geographical region, the metabolomics market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East and North Africa, and the rest of the world.

North America will dominate the metabolomics market during the forecast period and is poised to hold a significant share (37%) by 2035.In Asia, the metabolomics market will grow at a compounded annual growth rate of 15.72% during the forecast period.

Key Companies Profiled 

Examples of the key companies engaged in the metabolomics market (which have also been profiled in the market report; the complete list of the companies is also included in the full report) include:

Biocrates life sciencesCreative ProteomicsDNA XpertsEremid Research ServicesHuman Metabolome Technologies (HMT)Metabo ProfileMetabolonMS-OmicsNovelgene TechnologiesSynbio Technologies

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Key Benefits of Buying this Report

The report offers market leaders and newcomers valuable insights into revenue estimations for the overall market and its sub-segments.Stakeholders can utilize the report to enhance their understanding of the competitive landscape, allowing for improved business positioning and more effective go-to-market strategies.The report provides stakeholders with a pulse on the metabolomics market, furnishing them with essential information on significant market drivers, barriers, opportunities, and challenges.

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