In a recent published report, Kenneth Research has updated the market report for Stable Isotope Labeled Compounds Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Stable Isotope Labeled Compounds Market products.
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The global Stable Isotope Labeled Compoundsmarket was valued at USD 247.33million in 2016 and is projected to reach USD 320.18millionby 2025, growing at a CAGR of 2.91% from 2017 to 2025.
Stable isotope labeled products serve as useful tools in the study of steady state and dynamic metabolomics. These compounds are ideal for studying metabolic flux, as they closely mimic endogenous natural abundance metabolites. The market is expected to grow due to expansion of biopharmaceutical and Biotechnology companies all over the globe.
1. Market Drivers
1.1 Increased R&D Activities
1.2 Favorable Regulatory scenario
1.3 Increasing prevalence of cancer
1.4 Growing demand of proteomics research
2. Market Restraints
2.1 High cost of compounds
1. By End User:
1.1 Pharmaceutical and Biotechnology Companies
1.2 Academic & Research Institutes
1.3 Hospitals and Diagnostic Centers
1.3.1 Other End Users
2. By Application:
2.1.1 Biomedical Research
2.1.2 Pharmaceutical Research
2.1.3 Environmental & Ecological Research
2.1.4 Agricultural Research
2.2 Clinical Diagnostics
2.4 Other Applications
3. By Type:
3.5 Other Stable Isotopes
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Cambridge Isotope Laboratories, Inc.
2. Merck KGaA
3. Urenco Limited
4. Isosciences, LLC (An Mdp Chemicals Company)
5. Medical Isotopes, Inc.
6. Omicron Biochemicals, Inc.
7. Nordion (Canada) Inc. (A Sterigenics International LLC Company)
8. Trace Sciences International
10. Taiyo Nippon Sanso Corporation
11. Perkinelmer Inc.
12. Rotem Industries Israel Ltd
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Stable Isotope Labeled Compoundsmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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