The global Metabolomics Services market was valued at USD 6.3 Billion in 2022 and it is anticipated to grow up to USD 19.1 Billion by 2032, at a CAGR of 11.8% during the forecast period.
Metabolomics is an objective lens to view the complex nature of how physiology is linked to external events and conditions, as well as measure its response to perturbations such as those associated with disease. A wide range of metabolic services from discovery to targeted analysis. Metabolome means the complete set of small-molecule chemicals found within a biological sample and metabolomics refers to the systematic identification and quantification of the metabolome of a biological system at a specific point in time. The goal of metabolomics is to detect and quantify small molecules in biological fluids and tissues (metabolites).
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Market Trends and Drivers
Various factors leading to the growth of the metabolomics industry include the rise in funding for technological research from government as well as private organizations, along with increase in collaborations & partnerships of key players for enhancement of their product portfolio. There has been significant rise in the R&D expenditure by the key players for development of technologically advanced metabolomics platforms, which is expected to drive the growth of the market during the forecast period. The advent of personalized medication also acts as a driving force to the growth of the market.
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Global Metabolomics Services Market Segmentation
By Service
- Chromatography
- Metabolomics Bioinformatics Services
- Mass Spectrometry
- Others
By Application
- Biomedical and Pharmaceutical
- Agriculture
- Food
- Others
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Major Players in the Global Metabolomics Services Market
The key players in the market Agilent Technologies, Inc. (US), Waters (US), Bruker (US), TMIC (CANADA), Thermo Fisher Scientific (US), Biocrates Life Sciences AG (AUSTRIA), Creative Proteomics (US), Human Metabolome Technologies America Inc (JAPAN), Shimazdu Corporation (Japan), and Metabolon, INC (US). among others, among others.
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