LAS VEGAS, Nov. 08, 2017 (GLOBE NEWSWIRE) -- The Global Metabolomics Market is anticipated to reach around USD 2.5 billion by the end of 2025 while registering itself at a significant compound annual growth rate (CAGR) 6.1% over the forecast period. Metabolomics is the scientific research of chemical processes that includes metabolites. In particular, metabolomics is the orderly investigation of the different chemical fingerprints that are left behind by particular cell processes, the research of their little particle metabolite profiles. The metabolome represents the accumulation of all metabolites in an organism, biological cell, organ or tissue, which are the end results of cell processes. Metabolomics are useful as a part of extensive variety of applications, for example, toxicological studies, drug testing, and identification of diseases, for example, necrosis and Alzheimer’s by making use of biomarkers. Biomarkers are substances that can be traced and are embedded into a living being either to determine health parameters or for detection of diseases. Metabolomics can likewise help in conclusion of various subtypes of Alzheimer's for allowing more controlled treatments. The biomarkers can be useful for prognosis and diagnosis of cancerous tumors. Metabolomics is also useful in enhancing the identification of different cancers, for example, pancreas, liver, kidney, and prostate.
Drivers and Restraints of the Market
Growing demand for customized medicines, increase in prevalence of target illnesses, fast improvement in pharmaceutical and biotech segments and rising interest for toxicology advances are main considerations adding to the market development. Metabolomics is receiving high significance in life sciences look into inferable from its cautious and exact method to increase essential bits of knowledge about biological systems. The opportunities for metabolomics market lie in the growth of cutting edge products with upgraded measurable and investigative capacities. Nonetheless, high cost of associated instruments and devices, unwillingness to receive propelled innovation for information preparing by conventional experts and shortage of skilled workforce can affect the development of the market.
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Competitors and Market Classification
On the basis of techniques the global Metabolomics Market is segmented into Separation Techniques that is further segmented into Ultra Performance Liquid Chromatography, Capillary Electrophoresis, High Performance Liquid Chromatography and Gas Chromatography; and Detection techniques that are further bifurcated into Nuclear Magnetic Resonance Spectroscopy and Mass Spectrometry. On the basis of application the market is segmented into Clinical toxicology, Nutrigenomics, Drug Assessment and Biomarker Discovery. Geographically, the market is segmented into Europe, North America, Asia Pacific and Rest of the world. Constant advancement of products is the key methodology implemented by the key players working in the worldwide market to extend and fortify their item portfolio and increase their share of the market. For example, in May 2016, Agilent Technologies Inc. popularized The Agilent 5110 ICP-OES to its lineup of inductively coupled plasma-optical emission spectrometers. This system is said to encourage more precise ICP-OES investigation. Similarly, in November 2016, Metabolon, Inc. introduced the Meta IMD test that velocities up the conclusion of hereditary metabolic issues.
Major Market Players
- Thermo Fisher Scientific
- LECO Corporation
- Shimadzu Corp
- Waters Corporation
- Agilent Technologies
- Bruker
- Metabolon
- Human Metabolome
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Table of Contents
1. Introduction
2. Executive Summary
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Rising Demand for Personalized Medicines
3.3.1.2. Increase in Prevalence of Target Diseases
3.3.1.3. Rapid Development in Pharmaceutical and Biotech Sectors
3.3.2. Restraints
3.3.2.1. High Cost of Instruments
3.3.2.2. Dearth of Skilled Professionals
3.3.3. Opportunities
3.3.3.1. Emerging Market to Offer Lucrative Growth Opportunities
3.4. Industry Trends
3.5. Reimbursement Scenario
4. Metabolomics Market, By Technique
5. Metabolomics Market, By Application
6. Metabolomics Market, By Region
7. Company Profiles
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