Newark, New Castle, USA, May 22, 2023 (GLOBE NEWSWIRE) -- The market analysis of the globaluntargeted lipidomics marke was conducted by Growth Plus Reports in 2022 and valued at US$ 433.58 million. By 2031, the market is expected to increase at a 14.1% CAGR in terms of revenue, reaching US$ 1421.2 million.
Analysis of the global market for untargeted lipidomics indicates that during the forecast period, revenue share is likely to increase significantly. Untargeted lipidomics is a technique that allows researchers to find and count every lipid molecule in a biological sample without having any prior knowledge of its chemical composition.
Key Takeaways:
- Prevalence of chronic disease, its diagnosis, and treatment is driving the market revenue share.
- The increasing R&D activities in drug discoveries and developments are boosting the market.
- The creation of novel lipid profiling and analysis technologies has significantly accelerated market revenue growth.
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Untargeted Lipidomics Market Scope
| Report Attribute | Details |
| Market Size Value in 2022 | US$ 433.58 million |
| Revenue Forecast in 2031 | US$ 1421.2 million |
| CAGR | 14.1% |
| Base Year for Estimation | 2022 |
| Forecast Period | 2023 to 2031 |
| Historical Year | 2021 |
| Segments Covered | Application, Platform, End User and Region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Recent Development in the Untargeted Lipidomics Market:
- In February 2023, the establishment of Lipotype Inc., a subsidiary in the United States, was announced by Lipotype GmbH. Since more than 40% of Lipotype's clients are in the US, the expansion will allow the company's team to offer local support. Organizations in the pharmaceutical, medical, cosmetic, and food sectors, as well as academic clientele from universities and research institutes, can use Lipotype's lipidomics analysis services.
Competitive Landscape
A list of the top companies operating in the global market for untargeted lipidomics includes:
- Thermo Fisher Scientific Inc.
- Creative Proteomics
- IonBench
- Bruker Corporation
- Agilent Technologies Inc.
- PerkinElmer Inc.
Market Drivers and Restraints:
The global untargeted lipidomics market revenue is driven by the rising prevalence of diabetes, cardiovascular diseases, and other chronic diseases. These rising cases of diseases are leading to advanced and precise treatments, boosting the demand and market revenue growth.
However, due to the equipment costs, difficult data processing, and low sample throughput, the untargeted lipidomics market revenue growth is likely to be restrained.
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Market Segmentation:
- Based on application, the global untargeted lipidomics market is segmented into clinical diagnostic, drug research, discovery, treatment, and others.
- Based on the platform, the global untargeted lipidomics market is segmented into mass spectrometry, gas chromatography, nuclear magnetic resonance, and others.
- Based on end users, the global untargeted lipidomics market is segmented into pharma and biotechnology companies, academic research institutes, and others.
Segmentation By Applications
Based on the applications, the drug research and discovery segment dominates the global untargeted lipidomics market with the largest revenue share. This large revenue share is attributed to untargeted lipidomics that is used for drug discoveries for finding out lipid molecules that have changed from healthy to diseased states.
Regional Growth Analytics
Based on the region, North America, with a sizable revenue share, dominates the global untargeted lipidomics market. This share of revenue is attributed to the leading companies operating in the global market, several research institutes and academies, and the high demand for precise therapeutics because of the rising prevalence of disease in this region.
Report Coverage
Growth Plus Reports carried out extensive market research on the untargeted lipidomics market globally. We examined the fundamental market characteristics, significant investment opportunities, regional growth patterns, ten-year revenue estimates, competing market players, and mergers and acquisitions.
Table of Content
- INTRODUCTION
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2021
- Base Year – 2022
- Forecast Years – 2023 to 2031
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trends (COVID-19 Perspective)
- Key Players & Competitive Positioning (2022)
- MARKET DYNAMICS
- Drivers
- Restraints/Challenges
- Opportunities
- GLOBAL UNTARGETED LIPIDOMICS MARKET - ANALYSIS & FORECAST, BY APPLICATION
- Clinical Diagnostic
- Drug Research and Discovery
- Treatment
- Others
- GLOBAL UNTARGETED LIPIDOMICS MARKET - ANALYSIS & FORECAST, BY PLATFORM
- Mass spectrometry
- Gas chromatography
- Nuclear magnetic Resonance
- Liquid Chromatography
- Others
- GLOBAL UNTARGETED LIPIDOMICS MARKET - ANALYSIS & FORECAST, BY END USER
- Pharmaceutical and Biotechnology Companies
- Academic Research Institutes
- Others
UNTARGETED LIPIDOMICS MARKET TOC
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