The metabolomics services market has been experiencing significant growth in recent years due to the increasing demand for personalized medicine, precision agriculture, and bio-based product development. The market is driven by factors such as technological advancements in metabolomics technologies, increasing research activities in the field of metabolomics, and growing applications of metabolomics in drug discovery and development.
The market is also witnessing increased adoption of metabolomics in biomarker discovery, toxicology testing, and diagnostics, which is further fueling the market growth. Furthermore, the growing investments in research and development by key players and the increasing demand for personalized healthcare are expected to provide lucrative opportunities for market growth.
The market for Metabolomics Services was valued at US$ 483.7 million in 2022 and is expected to witness a CAGR of 14.2% over the forecast period (2022-2030).
Key Companies in the Metabolomics Services Industry:
1.
Thermo Fisher Scientific Inc.
is a leading provider of analytical instruments, reagents, consumables, software, and services for life sciences research, clinical diagnostics, and industrial applications. It was established in 2006 through the merger of Thermo Electron Corporation and Fisher Scientific International.
2.
Agilent Technologies, Inc.
is a global leader in life sciences, diagnostics, and applied chemical markets. It was founded in 1999 as a spin-off from Hewlett-Packard Company.
3.
SCIEX
, a Danaher company, is a global leader in the development of analytical technologies for the life sciences, clinical diagnostics, and applied markets. It was established in 1970 as MDS Analytical Technologies. In October 2021, the company announced launch of a new service called MetaQuant. MetaQuan is a metabolomics service that combines SCIEX's liquid chromatography-mass spectrometry (LC-MS) technology with proprietary data analysis algorithms to provide accurate and reliable quantification of metabolites in biological samples.
4.
Waters Corporation
is a leading provider of chromatography, mass spectrometry, and thermal analysis technologies for life sciences, materials science, food, and environmental industries. It was founded in 1958. In September 2021, Waters Corporation announced the launch of a new service called the Waters Metabolic Profiling and Screening Service.
5.
Shimadzu Corporation
is a global leader in the development of analytical technologies, including chromatography, mass spectrometry, spectroscopy, and other related technologies. It was established in 1875. Shimadzu Corporation's metabolomics services included the launch of a new platform called LCMS Metabolomics Solution in August 2021.
6.
Bruker
is a leading provider of scientific instruments and solutions for molecular and materials research, as well as for industrial and applied analysis. It was established in 1960. In May 2021, Bruker launched its new MetaboScape 2.0 software for metabolomics research. The company has operations in more than 70 countries worldwide.
