The metabolism assay market is predicted to be valued at US$ 1.7 billion in 2024 and rise to US$ 3.6 billion by 2034. The market is predicted to grow at a CAGR of 8.1% during the forecast period.
Attributes | Key Statistics |
---|---|
Metabolism Assay Value (2024) | US$ 1.7 billion |
Anticipated Market Value (2034) | US$ 3.6 billion |
Estimated Growth (2024 to 2034) | 8.1 % CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Metabolic engineering, being the primary application in biological research, is stimulating a rise in the metabolism assay market. Some factors driving market growth are mentioned below.
Despite the healthy growth of the metabolism assay market with heavy demand in biological research, several factors are slowing down the market. Some of them are as follows:
The demand for assay kits and reagents is upsurging at a 7.8 % CAGR through 2034.
Attributes | Details |
---|---|
Product Type | Assays Kits and Reagents |
CAGR ( 2024 to 2034) | 7.8% |
Based on end users, hospitals are uprising in the global metabolism assay market with a 7.6% CAGR from 2024 to 2034.
Attributes | Details |
---|---|
Top End User | Hospitals |
CAGR (2024 to 2034) | 7.6 % |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The section analyzes the global metabolism assay market by country, including the United Kingdom, the United States, China, South Korea, and Japan.
The table presents the CAGR for each country, indicating the expected market growth through 2034.
Countries | CAGR through 2034 |
---|---|
South Korea | 10.0% |
Japan | 9.9% |
United Kingdom | 9.2% |
China | 8.9% |
United States | 8.4% |
With growing demand for personalized medicine and advancements in precision healthcare, South Korea is well-positioned in expanding global metabolism assay market with a CAGR of 10.0% from 2024 to 2034.
Korea Institute of Science and Technology (KIST) and the Korea Advanced Institute of Science and Technology (KAIST)institutions are highly active in metabolic research and are constantly pushing the boundaries of innovation in the field.
South Korea also has a thriving startup ecosystem, with companies like SeouLin Bioscience and Green Cross LabCell pioneering metabolic research and developing novel assays for drug discovery and personalized medicine applications. This vibrant ecosystem fosters collaboration between academia and industry driving South Korea's metabolism assay market growth.
With a skilled workforce and a culture of innovation, Japan is well-positioned to continue its expansion in the global metabolism assay market at a CAGR of 9.9% through 2034.
Due to the ongoing research initiatives in metabolic genetics and pharmacogenomics, demand for advanced assay technologies is on the rise. Several major companies, such as Shimadzu Corporation, Hitachi Chemical Co., Ltd., and Kyowa Medex Co., Ltd., are actively competing in this space by offering innovative assay kits and reagents tailored to the specific needs of Japanese researchers and clinicians.
Collaborations between government agencies and industry players have resulted in a dynamic ecosystem for research and development, thereby accelerating the introduction of novel assays and technologies into the market.
The United Kingdom is upheading the global metabolism assay market with innovative research and advanced bioinformatics tools. With a projected CAGR of 9.2% through 2034, it is maintaining a steady pace of growth.
The presence of leading pharmaceuticals and biotechnology companies in the United Kingdom caters to high demand for drug development. The major players in the United Kingdom metabolism assay market who offer a wide range of assay kits, reagents, and platforms.
The market is highly competitive, with both established companies and emerging startups driving innovation and expanding market offerings to meet the diverse needs of researchers and healthcare professionals both within the United Kingdom and beyond.
China is emerging as a key player in the market. China, with a CAGR of 8.9% from 2024 to 2034, is in steady race for betterment in the healthcare sector.China's flourishing biotechnology and pharmaceutical sectors are propelling the demand for metabolism assays as scientists and firms seek reliable tools to aid in the drug discovery and development processes.
The rising prevalence of metabolic disorders in China's population also underscores the need for advanced diagnostic tools. Collaborations between domestic Chinese biotech companies and international players are facilitating technology transfer and knowledge exchange.
Ongoing advancement and research fuel market growth in the United States, with an expected CAGR of 8.4%, which is expected to persist until 2034.The United States healthcare infrastructure and research ecosystem are robust and foster innovation, with leading academic institutions, pharmaceutical companies, and diagnostic laboratories contributing to the need for metabolism assays.
The rising prevalence of metabolic disorders such as obesity and diabetes, coupled with a growing emphasis on personalized medicine, aids in the adoption of metabolism assays for diagnostic and therapeutic purposes. The United States leads in technological advancements and investments in metabolic research, facilitating the development of advanced assay kits and reagents tailored to researchers' and clinicians' specific needs.
Leading companies such as Thermo Fisher Scientific, Merck KGaA, and Agilent Technologies are constantly innovating and expanding their product portfolios to stay ahead of the competition.
Thermo Fisher Scientific, for example, is focused on developing advanced metabolic profiling solutions; Merck KGaA invests heavily in research and development to introduce new assay kits and reagents for metabolic pathway analysis; Agilent Technologies, on the other hand, is emphasizing strategic collaborations and acquisitions to broaden its metabolic assay offerings and enhance its market position.
Competitors such as Bio-Rad Laboratories and PerkinElmer are also using similar tactics to sustain their foothold in the metabolism assay market.
Recent Developments
The metabolism assay market is projected to be worth US$ 1.7 billion in 2024.
The metabolism assay market is expected to reach US$ 3.6 billion by 2034.
The metabolism assay market is expected to rise at a CAGR of 8.1% from 2024 to 2034.
The overall value of the metabolism assay market for 2019 was 1.0 billion.
Merck KGaA, Thermo Fisher Scientific, Inc., Abcam Plc, Agilent Technologies, Inc., and Promega Corporation are among the major companies actively contributing to the growth of the global metabolism assay market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2024 to 2034
5.3.1. Assay kits & Reagents
5.3.2. Instruments & Analyzers
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Product Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034
6.3.1. Diagnostics
6.3.1.1. Diabetes
6.3.1.2. Obesity
6.3.1.3. Cancer
6.3.1.4. Cardiovascular Diseases
6.3.1.5. Other Diagnostic Applications
6.3.2. Research
6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Technology, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Technology, 2024 to 2034
7.3.1. Colorimetry
7.3.2. Fluorimetry
7.3.3. Spectrometry
7.4. Y-o-Y Growth Trend Analysis By Technology, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Technology, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) Analysis By End-User, 2019 to 2023
8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-User, 2024 to 2034
8.3.1. Hospitals
8.3.2. Diagnostic Laboratories
8.3.3. Pharmaceutical & Biopharmaceutical Companies
8.3.4. Other End-Users
8.4. Y-o-Y Growth Trend Analysis By End-User, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By End-User, 2024 to 2034
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. South Asia and Pacific
9.3.6. East Asia
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. USA
10.2.1.2. Canada
10.2.2. By Product Type
10.2.3. By Application
10.2.4. By Technology
10.2.5. By End-User
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Application
10.3.4. By Technology
10.3.5. By End-User
10.4. Key Takeaways
11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Product Type
11.2.3. By Application
11.2.4. By Technology
11.2.5. By End-User
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Application
11.3.4. By Technology
11.3.5. By End-User
11.4. Key Takeaways
12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. UK
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Western Europe
12.2.2. By Product Type
12.2.3. By Application
12.2.4. By Technology
12.2.5. By End-User
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Application
12.3.4. By Technology
12.3.5. By End-User
12.4. Key Takeaways
13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. Poland
13.2.1.2. Russia
13.2.1.3. Czech Republic
13.2.1.4. Romania
13.2.1.5. Rest of Eastern Europe
13.2.2. By Product Type
13.2.3. By Application
13.2.4. By Technology
13.2.5. By End-User
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Application
13.3.4. By Technology
13.3.5. By End-User
13.4. Key Takeaways
14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Bangladesh
14.2.1.3. Australia
14.2.1.4. New Zealand
14.2.1.5. Rest of South Asia and Pacific
14.2.2. By Product Type
14.2.3. By Application
14.2.4. By Technology
14.2.5. By End-User
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Application
14.3.4. By Technology
14.3.5. By End-User
14.4. Key Takeaways
15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.2. By Product Type
15.2.3. By Application
15.2.4. By Technology
15.2.5. By End-User
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product Type
15.3.3. By Application
15.3.4. By Technology
15.3.5. By End-User
15.4. Key Takeaways
16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Product Type
16.2.3. By Application
16.2.4. By Technology
16.2.5. By End-User
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Product Type
16.3.3. By Application
16.3.4. By Technology
16.3.5. By End-User
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. USA
17.1.1. Market Share Analysis, 2023
17.1.1.1. By Product Type
17.1.1.2. By Application
17.1.1.3. By Technology
17.1.1.4. By End-User
17.2. Canada
17.2.1. Market Share Analysis, 2023
17.2.1.1. By Product Type
17.2.1.2. By Application
17.2.1.3. By Technology
17.2.1.4. By End-User
17.3. Brazil
17.3.1. Market Share Analysis, 2023
17.3.1.1. By Product Type
17.3.1.2. By Application
17.3.1.3. By Technology
17.3.1.4. By End-User
17.4. Mexico
17.4.1. Market Share Analysis, 2023
17.4.1.1. By Product Type
17.4.1.2. By Application
17.4.1.3. By Technology
17.4.1.4. By End-User
17.5. Germany
17.5.1. Market Share Analysis, 2023
17.5.1.1. By Product Type
17.5.1.2. By Application
17.5.1.3. By Technology
17.5.1.4. By End-User
17.6. UK
17.6.1. Market Share Analysis, 2023
17.6.1.1. By Product Type
17.6.1.2. By Application
17.6.1.3. By Technology
17.6.1.4. By End-User
17.7. France
17.7.1. Market Share Analysis, 2023
17.7.1.1. By Product Type
17.7.1.2. By Application
17.7.1.3. By Technology
17.7.1.4. By End-User
17.8. Spain
17.8.1. Market Share Analysis, 2023
17.8.1.1. By Product Type
17.8.1.2. By Application
17.8.1.3. By Technology
17.8.1.4. By End-User
17.9. Italy
17.9.1. Market Share Analysis, 2023
17.9.1.1. By Product Type
17.9.1.2. By Application
17.9.1.3. By Technology
17.9.1.4. By End-User
17.10. Poland
17.10.1. Market Share Analysis, 2023
17.10.1.1. By Product Type
17.10.1.2. By Application
17.10.1.3. By Technology
17.10.1.4. By End-User
17.11. Russia
17.11.1. Market Share Analysis, 2023
17.11.1.1. By Product Type
17.11.1.2. By Application
17.11.1.3. By Technology
17.11.1.4. By End-User
17.12. Czech Republic
17.12.1. Market Share Analysis, 2023
17.12.1.1. By Product Type
17.12.1.2. By Application
17.12.1.3. By Technology
17.12.1.4. By End-User
17.13. Romania
17.13.1. Market Share Analysis, 2023
17.13.1.1. By Product Type
17.13.1.2. By Application
17.13.1.3. By Technology
17.13.1.4. By End-User
17.14. India
17.14.1. Market Share Analysis, 2023
17.14.1.1. By Product Type
17.14.1.2. By Application
17.14.1.3. By Technology
17.14.1.4. By End-User
17.15. Bangladesh
17.15.1. Market Share Analysis, 2023
17.15.1.1. By Product Type
17.15.1.2. By Application
17.15.1.3. By Technology
17.15.1.4. By End-User
17.16. Australia
17.16.1. Market Share Analysis, 2023
17.16.1.1. By Product Type
17.16.1.2. By Application
17.16.1.3. By Technology
17.16.1.4. By End-User
17.17. New Zealand
17.17.1. Market Share Analysis, 2023
17.17.1.1. By Product Type
17.17.1.2. By Application
17.17.1.3. By Technology
17.17.1.4. By End-User
17.18. China
17.18.1. Market Share Analysis, 2023
17.18.1.1. By Product Type
17.18.1.2. By Application
17.18.1.3. By Technology
17.18.1.4. By End-User
17.19. Japan
17.19.1. Market Share Analysis, 2023
17.19.1.1. By Product Type
17.19.1.2. By Application
17.19.1.3. By Technology
17.19.1.4. By End-User
17.20. South Korea
17.20.1. Market Share Analysis, 2023
17.20.1.1. By Product Type
17.20.1.2. By Application
17.20.1.3. By Technology
17.20.1.4. By End-User
17.21. GCC Countries
17.21.1. Market Share Analysis, 2023
17.21.1.1. By Product Type
17.21.1.2. By Application
17.21.1.3. By Technology
17.21.1.4. By End-User
17.22. South Africa
17.22.1. Market Share Analysis, 2023
17.22.1.1. By Product Type
17.22.1.2. By Application
17.22.1.3. By Technology
17.22.1.4. By End-User
17.23. Israel
17.23.1. Market Share Analysis, 2023
17.23.1.1. By Product Type
17.23.1.2. By Application
17.23.1.3. By Technology
17.23.1.4. By End-User
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Product Type
18.3.3. By Application
18.3.4. By Technology
18.3.5. By End-User
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Merck KGaA
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.2. Thermo Fisher Scientific, Inc.
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.3. Abcam Plc
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.4. Agilent Technologies, Inc.
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.5. Promega Corporation
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.6. Kaneka Eurogentec S.A (Kaneka Corporation)
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.7. RayBiotech Life, Inc.
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.8. Sartorius AG
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.9. Elab Science Biotechnology Inc.
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.10. BMG Labtech
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.11. Biotrend Chemikalien GmbH
19.1.11.1. Overview
19.1.11.2. Product Portfolio
19.1.11.3. Profitability by Market Segments
19.1.11.4. Sales Footprint
19.1.11.5. Strategy Overview
19.1.11.5.1. Marketing Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
Explore Healthcare Insights
View Reports