Product ID: SQMIG35H2164
Report ID:
SQMIG35H2164 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|
Tables:
64 |
Figures:
75
Global Metabolomics Market size was valued at USD 2.83 Billion in 2022 and is poised to grow from USD 3.20 Billion in 2023 to USD 8.50 Billion by 2031, at a CAGR of 13 % during the forecast period (2024-2031).
The global metabolomics market has been growing steadily due to advancements in technology, increasing demand for personalized medicine, and the rising prevalence of chronic diseases. The purpose of the metabolomics market is to provide tools and services to researchers and clinicians that can help them understand the underlying biochemical pathways in biological systems. By analyzing the metabolites produced by cells, scientists can gain insights into disease mechanisms and identify potential drug targets. Metabolomics also has applications in the development of biomarkers for disease diagnosis and personalized medicine. The development of high-throughput platforms for metabolite profiling, such as mass spectrometry and nuclear magnetic resonance spectroscopy, have significantly increased the speed and accuracy of metabolomics analysis. The interpretation of metabolomics data can be challenging due to the large amount of data generated and the complexity of the data. The global metabolomics market is driven by advancements in technology, increasing demand for personalized medicine, and the rising prevalence of chronic diseases. The market faces challenges such as the high cost of instruments, lack of standardization, and limited availability of skilled personnel. The market has significant opportunities for the development of new applications and collaboration between academia, industry, and government.
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Product ID: SQMIG35H2164