Metabolomics Services Market Size and Competitive Analysis by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Metabolomics Services Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Service Type (Targeted Metabolomics Service and Untargeted Metabolomics Service) and Application (Pharmaceutical and Biotechnology Industry, Agritech, and Environment)

  • Report Date : Oct 2021
  • Report Code : TIPRE00025127
  • Category : Life Sciences
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 171

[Research Report] The metabolomics services market is expected to reach US$ 1,895.14 million by 2028 from US$ 501.24 million in 2021; it is estimated to grow at a CAGR of 20.9% from 2021 to 2028.

Metabolomics is the study and analysis of biological processes involving metabolic intermediates and byproducts—metabolomes. The metabolomes include secondary metabolites, signaling molecules, hormones, and metabolic intermediates.

The report offers an in-depth analysis of the metabolomics services market, emphasizing on market trends, technological advancements, market dynamics, and competitive landscape (involving major market players across the world). It also includes the impact of the COVID-19 pandemic on the market across all the major regions. North America holds the largest market share, and the market growth in this region is attributed to high awareness and acceptance for metabolomics services, increasing number of online retails, and rising number of product innovations and launches. Moreover, the growing spending by sex technology companies are also likely to have positive impact on the North America metabolomics services market during the forecast period. The market, by region, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM).

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Metabolomics Services Market: Strategic Insights

metabolomics-services-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

 

Market Insights

Rising Incidences of Cancer Fuels Metabolomics Services Market Growth

Metabolomics is among the growing and robust technologies for detecting a wide range of metabolites in tissues and biofluids. This process has a significant application in the analysis and studies associated with cancer disease. The rising prevalence of different types of cancer is expected to drive the market during the forecast period. Cancer diagnostics play an essential role in cancer treatment. As per the data published by the World Health Organization (WHO) in September 2021, nearly 70% of deaths from cancer were reported from the low- and middle-income countries across the globe. The total global share of cancer incidence share as per the Global Cancer Observatory records are breast (2.26 million cases 11.7%), lung (2.21 million cases 11.4%), colon and rectum (1.93 million cases 10%), prostate (1.41 million cases 7.3%), stomach (1.09 million cases 5.6%). Below are the details regarding the regional prevalence in 2020:

  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Service Type-Based Insights

The metabolomics services market, based on service type, has been segmented into targeted metabolomics service and untargeted metabolomics service. The targeted metabolomics service segment is likely to hold a larger market share in 2021. Moreover, the targeted metabolomics service segment is anticipated to register a higher CAGR in the market during the forecast period.

Application-Based Insights

The metabolomics services market, based on application, is segmented into pharmaceutical and biotechnology industry, agritech, and environment. The pharmaceutical and biotechnology industry segment is likely to hold the largest share of the market in 2021. Moreover, the market for this segment is expected to grow at the fastest CAGR of 21.6% during 2021 to 2028.

The metabolomics services market players adopt organic strategies such as product launch and expansion to expand their global footprint and product portfolio.

Metabolomics Services Market Regional Insights

The regional trends and factors influencing the Metabolomics Services Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Metabolomics Services Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

metabolomics-services-market-global-geography
  • Get the Regional Specific Data for Metabolomics Services Market

Metabolomics Services Market Report Scope

Report Attribute Details
Market size in 2021 US$ 501.24 Million
Market Size by 2028 US$ 1,895.14 Million
Global CAGR (2021 - 2028) 20.9%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Service Type
  • Targeted Metabolomics Service and Untargeted Metabolomics Service
By Application
  • Pharmaceutical and Biotechnology Industry
  • Agritech
  • Environment
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • TMIC
  • Creative Proteomics
  • BGI
  • RTI International
  • Afekta Technologies Ltd.
  • Fred Hutchinson Cancer Research Center
  • West Coast Metabolomics Center
  • Molecular You

  • Metabolomics Services Market Players Density: Understanding Its Impact on Business Dynamics

    The Metabolomics Services Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Metabolomics Services Market are:

    1. BASF SE
    2. TMIC
    3. Creative Proteomics
    4. BGI
    5. RTI International

    Disclaimer: The companies listed above are not ranked in any particular order.


    metabolomics-services-market-cagr

    • Get the Metabolomics Services Market top key players overview

     

    By Service Type

    • Targeted Metabolomics Service
    • Untargeted Metabolomics Service

    By Application

    • Pharmaceutical and Biotechnology Industry
      • Biomarker Discovery
      • Drug Discovery
      • Toxicological Testing
      • Others
    • Agritech
    • Environment

    By

    Geography

    • North America

      • US
      • Canada
      • Mexico
    • Europe

      • France
      • Germany
      • Italy
      • UK
      • Spain
      • Rest of Europe
    • Asia Pacific (APAC)

      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)

      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South and Central America (SCAM)

      • Brazil
      • Argentina
      • Rest of SCAM

    Company Profiles

    • BASF SE           
    • TMIC      
    • Creative Proteomics     
    • BGI        
    • RTI International         
    • Afekta Technologies Ltd.        
    • Fred Hutchinson Cancer Research Center    
    • West Coast Metabolomics Center      
    • Molecular You    
    • Metabolon, Inc.           
    • biocrates life sciences ag       
    • Chenomx Inc.             
    • C-CAMP            
    • metaSysX         
    • MS-Omics         

    Frequently Asked Questions

    What are Metabolomics Services?

    Metabolomics is the study and analysis of biological processes involving metabolic intermediates and byproducts. These products are referred to as metabolomes, and they contain all metabolites involved in an organism's many processes, including secondary metabolites, signalling molecules, hormones, and metabolic intermediates.

    What are the driving factors for the Metabolomics Services market across the globe?

    Key factors that are driving growth of the market are rising incidences of cancer and increasing adoption of metabolomics and investments by market players. However, high cost of tools, instruments, and usage is expected to restrict the market growth during the forecast period.

    Who are the key players in the Metabolomics Services market?

    BASF SE and TMIC .are the key players in the Metabolomics Services market

    Which segment among Metabolomics Services market provides the most opportunity for growth?

    Targeted metabolomics service segment market provides the most opportunity for growth

    What will be the CAGR of Metabolomics Services market?

    The Metabolomics Services market is anticipated to grow around 20.9% CAGR amid the forecast period 2021-2028.

    Mrinal Kerhalkar
    Mrinal Kerhalkar
    Manager,
    Market Research & Consulting

    Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

    Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

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    The List of Companies - Metabolomics Services Market

    1. BASF SE       
    2. TMIC             
    3. Creative Proteomics              
    4. BGI    
    5. RTI International        
    6. Afekta Technologies Ltd.        
    7. Fred Hutchinson Cancer Research Center      
    8. West Coast Metabolomics Center       
    9. Molecular You            
    10. Metabolon, Inc.          
    11. biocrates life sciences ag       
    12. Chenomx Inc.            
    13. C-CAMP        
    14. metaSysX      
    15. MS-Omics
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