Country-Niche Players Dominate the Market comprising ~50% of Competitors Despite the Presence of about ~200 Competitors Including a Significant Number of Regional Players and Global Players, finds a recent market study on the Global Metabolomics Market.
The study of metabolism is referred to as metabolomics, and the field of research focuses on the identification and measurement of cellular metabolites, which are the metabolic waste products of metabolism. Advanced statistical approaches are used to interpret the data along with cutting-edge technologies, such as mass spectrometry, to accomplish it. Metabolomics is widely utilized in Products and Services such as Metabolomics Instrument and Metabolomics bioinformatics tools and services.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
1. Global Players Constitute ~20% of the Total Number of Competitors, While Country-Niche Players Dominate Representing ~50% of Total Competitors.
Competitive Analysis by the Research Study found that the Global Metabolomics Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their own niche in Metabolomics research and testing. The country-niche players comprise about ~50% in terms of the number of companies, followed by regional players accounting for ~30% in terms of the number of companies.
For Instance, In June 2022 Bruker Corporation revealed significant advancements for spatial multiomics at the 18th International Conference of the Metabolomics Society, focusing on unbiased Spatial Single-Cell Metabolomics (SSCM) for probing different cellular phenotypes based on the metabolic signature of tissues and single cells.
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2. Leading Global Specialists’ Ongoing Efforts To Provide Metabolomics To A Variety Of Products and Services such as Metabolomics Instruments, and Metabolomics bioinformatics tools and services Is Likely To Boost The Market
Detailed comparative analysis of key competitors available within the Research Study shows that specialist players like Shimadzu Corporation, Human Metabolome Technologies Inc, and Metabolon INC are strongly focused on Metabolomics research and testing.
The market is relatively competitive, thus in order to get a competitive edge, businesses focus on conducting research at universities to develop cutting-edge drugs for infectious and chronic diseases. Strategic activities including mergers, acquisitions, and alliances are implemented to increase the company’s presence in the global market.
- In July 2021, Thermo Fisher and the University of California launched the Center of Excellence for Metabolomics, a collaboration in research to offer the metabolomics community innovative thoughts, optimal methods, and standard operating procedures. Future prospects for market expansion will undoubtedly be made available by such initiatives.
- In September 2020, Waters Corporation announced the launch of ImmerseTM Cambridge, a new Waters research institute. The community’s strategic, collaborative facility Immerse Cambridge will allow Waters to work with the university, research, and industry to hasten the next generation of scientific advancements.
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3. Governmental Initiatives to Encourage the Expansion of the Global Metabolomics Market
- In March 2021, the Canada Foundation for Innovation grant financed US$3.1 million of a US$9.1 million equipment upgrade for the Metabolomics Innovation Centre (TMIC) in cooperation with the newly formed Canadian Analytics Network for Outcome Prediction in Exposures (CANOPIE)—a collaborative project between the University of Alberta, McGill University, and the University of Calgary. The University of Alberta will receive $2.6 million, while McGill will receive $591,000.
- In November 2021, the Department of Biotechnology, Government of India, granted US$ 7, 57,345 (Rs 6.18 crore) to the University of Hyderabad (UoH) to support cutting-edge research in the cutting-edge fields of tomato genomes, proteome, and metabolomics.
Key Topics Covered in the Report
- Snapshot of Metabolomics Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Metabolomics Market
- Historic Growth of the Overall Metabolomics Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Metabolomics Market Industry
- Overview, Product and Services Offerings, and Strengths & Weaknesses of Key Competitors
- COVID-19 Impact on the Overall Metabolomics Market
- Future Market Forecast and Growth Rates of the Total Metabolomics Market and by Segments
- Market Size of Segments with Historical CAGR and Future Forecasts
- Analysis of the Metabolomics Market in Global Regions
- Major Metabolomics Type/Supply and Consumption/Demand Hubs in the Region
- Region-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within the Region
Notable Key Players Mentioned in the Report
- Agilent Technologies, Inc.
- Danaher
- Shimadzu Corporation
- Waters Corporation
- Bruker
- Human Metabolome Technologies Inc
- Thermo Fisher Scientific
- LECO Corporation
- Metabolon INC
- PerkinElmer Inc.
Notable Emerging Companies Mentioned in the Report
- Million Marker
- Prometheus Metabolomics
- Afekta Technologies Ltd.
- Adapsyn Bioscience Inc.
- QuLab Medical Ltd
Key Target Audience – Organizations and Entities Who Can be benefited by Subscribing This Report
- Manufacturers of Metabolomics
- Distributors, Suppliers, and Sales Channels
- Emerging and Startup Companies in Metabolomics
- Metabolomics Manufacturers
- Market research and consulting firms
- Organizations, forums, and alliances related to Metabolomics
- Metabolomics Testers
- Global Metabolomics manufacturers, suppliers, distributors, and other stakeholders
- Associations, organizations, forums, and alliances related to Metabolomics
- Government bodies such as regulating authorities and policymakers
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
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