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.: 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.: 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: 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: 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: 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: 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.
7. Human Metabolome Technologies Inc. (HMT): is a Japanese company that specializes in metabolomics research and technology development. It was founded in 2003. The company has operations in several countries worldwide. In February 2021, HMT announced the launch of its new "Targeted Metabolome Analysis" service, which allows for the quantitative analysis of more than 1,100 metabolites in various biological samples, including blood, urine, and tissues.
8. LECO Corporation: LECO Corporation is a global leader in analytical instrumentation and mass spectrometry-based solutions for analytical chemistry, life sciences, food, and environmental analysis. It was established in 1936. In June 2021, LECO launched its new Pegasus BT 4D GCxGC-TOFMS system, which is designed for the analysis of complex metabolomics samples. This system combines gas chromatography, time-of-flight mass spectrometry, and two-dimensional chromatography to provide high-resolution analysis of metabolites in various biological samples.
9. Biocrates Life Sciences AG: Biocrates Life Sciences AG is a global leader in targeted metabolomics and lipidomics solutions for research and clinical applications. It was founded in 2002. In September 2021, Biocrates launched its new Bile Acid Kit, which allows for the quantitative analysis of more than 30 bile acids in various biological samples, including serum, plasma, and urine. The company has presence worldwide.
10. Metabolon, Inc.: Metabolon, Inc. is a leading provider of metabolomics solutions for research and applied markets, including precision medicine, agriculture, and consumer health. It was established in 2000. In August 2021, Metabolon announced the launch of its new Precision Metabolomics service, which uses advanced metabolomics technologies and machine learning algorithms to provide highly accurate and reproducible measurements of metabolites in various biological samples, including blood, urine, and tissues.
11. Metabolomic Technologies Inc. (MTI): Metabolomic Technologies Inc. (MTI) is a Canadian company that develops and commercializes metabolomics-based diagnostic tests for colorectal cancer screening. It was founded in 2010. In September 2021, MTI announced that it had received approval from Health Canada to market its "PolypDx™" test, which uses a metabolomics-based approach to detect the presence of colorectal polyps, a precursor to colorectal cancer
12. PerkinElmer Inc.: PerkinElmer Inc. is a global leader in the development of innovative technologies and solutions for life sciences, diagnostics, and applied markets. It was established in 1937. In September 2021, PerkinElmer announced the launch of its new PerkinElmer Metabolomics Solutions service, which offers a comprehensive range of metabolomics analysis services and solutions for various applications, including drug discovery, precision medicine, and environmental monitoring.
Definition: Metabolomics services refer to the scientific analysis of the metabolites present in biological samples, such as blood, urine, tissues, or cells.
