#Metabolomics #Services #Market #Size #Worth #USD #Billion
New York, USA, Oct. 19, 2022 (GLOBE NEWSWIRE) — Metabolomics Services Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Metabolomics Services Market Information by Product and Services, Application and Region – Forecast till 2030”, the market size was valued at USD 2.02 Billion in 2021 and is expected to reach USD 6.36 billion by 2030 at 11.92% CAGR during the forecast period 2022-2030.
Market Scope
Metabolomics’ integration into development projects has the capacity to substantially enhance the success and efficiency level of drug discovery, given its ability to separate potential candidates right in the early stages. Therefore, metabolomics is now one of the most indispensable parts of the latest drug discovery as well as the development process along with disease diagnosis.
Furthermore, with the rising prevalence of personalized medicine, the demand for highly sensitive, accurate, and rapid quantification methods, like metabolomics to assess clinical specimens has surged as well. It is noteworthy that numerous types of metabolite detection methods, such as untargeted metabolomics, and targeted metabolomics are being used for diagnosis, therapy development, and severity determination efforts against COVID-19.
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Report Scope:
Report Attribute | Details |
Market Size in 2030 | USD 6.36 Million |
CAGR | 11.92% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Product and Service, Application and End-User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Market Drivers | Increasing Application Of Metabolomics |
Technological Advancements In Instrumentation |
Metabolomics Services Market Competitive Landscape:
The…
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