![]() |
Market Research Report
Product code
915979
Asia Pacific Metabolomics Market Forecast 2019-2027 |
Asia Pacific Metabolomics Market Forecast 2019-2027 |
Published: November 8, 2019
Inkwood Research
Content info: 107 Pages
Delivery time: 2-3 business days
|
The market for metabolomics in the Asia Pacific region is set to witness the highest CAGR of 12.33% during the projected period, 2019-2027. The extensive presence of economically diverse countries like India and China, is one of the many dominant factors driving the growth of the metabolomics market in the region.
The market region of Asia Pacific with regard to the metabolomics market is assessed by taking into consideration the countries of Australia, Japan, South Korea, China, India, and the Rest of Asia Pacific. The metabolomics R&D activities have been registering significant development in countries like South Korea, Japan, and Taiwan. In regions like Japan, the introduction of programs to augment the biological knowledge in metabolomics in the areas of environment and energy, along with a focus on developing precision medicine, is immensely affecting the growth of the metabolomics market in the region. The government initiatives are also aiding the growth of the market in Japan. In countries like China, the medical institutions take center stage when it comes to drug discovery. The drug discovery and development in the region are enhanced thought investments made by both, government and private sectors. The participation of industries in major applications is encouraged by the government. The pharmaceutical industry of the region is undergoing a gradual transformation, which is another factor projected to influence the growth of the metabolomics market in the region.
Some of the eminent market players have emerged in the market, along with varied innovations in their products. Apical Scientific Sdn Bhd, Thermo Fisher Scientific Inc., Metabolon Inc., Leco Corporation, Bruker Corporation, Perkinelmer, Inc., Shimadzu Corporation, etc. are among the eminent companies of the market.