Metabolomics is the quantification and identification of the complete set of metabolites in a biological system. Simply a study of chemical processes involving metabolites is considered as metabolomics. The field of metabolomics study the chemical fingerprints left behind by biological processes. Some healthcare applications of metabolomics include lead compound optimisation, lead compound discovery, efficacy and metabolism of a drug, biomarker identification and providing clarity on the mechanism of action.
Europe Metabolomics Market Segments Size & Growth:
Metabolomics Market is expected to increase by a $ 3.54billion by 2024 at a CAGR of 26 %. The emergence of biomarkers as a drug discovery tool and ground-breaking diagnostic will fuel the growth of metabolomics market. However, increasing the adoption rate of metabolomics as a development tool and research are expected to drive the market. The poor uptake rate of data processing, advanced technologies, and analysis by conventional workers and the lack of skilled professionals may reduce this
Europe Metabolomics Market Segments Share:
Europe Metabolomics market is segmented into the technique which includes separation techniques Detection Techniques. Among these separation techniques holds the most significant share due to the presence of high-performance liquid chromatography and ultra-performance liquid chromatography. Application segment includes personalised medicine, biomarker discovery, toxicology and agriculture and environmental industries. Increasing global base of geriatric population triggering the incidence rates of target diseases especially the rising prevalence of cancer and diabetes are some of the other preferable drivers of this Europe metabolomics market.
Based on geography, Funding in research and surge in government initiatives the enhanced research and development activities across many pharmaceutical and biotechnology sectors and rising need for toxicology technologies are key drives growing the metabolomics market in Europe.
Europe Metabolomics Market Trends:
Europe Metabolomics Market Research Report:
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