Increasing number of proteomic research institutes and the rising cases of cancer to drive the global stable isotope labelled compounds market
According to TechSci Research report, “Global Stable Isotope Labeled Compounds Market, By Compounds (Carbon (13C), Nitrogen(15N), Deuterium, Oxygen(18O), Others), By Application (Diagnosis, Drug Discovery, Imaging, Sterilization, Others), By Substances (Nucleic Acids, Amino Acids, Drugs/Metabolites, Fatty Acids /Lipids, NMR Solvents and Others), By Indication (Cardiology, Neurology, Inflammation, Metabolic disease and Others), By Method (Chemical, Cell-culturing), By End-User (Pharmaceutical and Biotechnology Companies, Academic Institute and Others), By Region, Forecast & Opportunities, 2025”, the global market for stable isotope labeled compounds is expected to witness significant growth during the forecast period. The stable isotope labeled compounds like Deuterium (D or 2H) are basically non-radioactive isotopes which are used to track the path of isotopes whilst a metabolism and detect the presence of isotopes in cells. They find their utility in biomedical research in order to measure the water level in human body, to implement studies of fatty acids and various other applications and thus, serve as a valuable commodity in the field of dynamic metabolomics. Furthermore, the growth in field of biotechnological, proteomics, ecological and other researches and increasing cases of cancer are expected to add to the growth of the market until 2025.
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The global stable isotope labeled compounds market is segmented based on compounds, application, substances, indication, method, end-user and region. The compound segment is further divided into carbon (13C), nitrogen (15N), deuterium (2H), oxygen (18O) and others, out of which deuterium holds the largest share of the market on account of the rising pharma research organizations and nuclear medicine industries. Additionally, increasing drug research and the abundance & inexpensiveness of 2H comprising compounds also act as contributing factors for the segment. The end-user segment is further divided into pharmaceutical and biotechnology companies, academic institute and others. Pharmaceutical and biotechnology companies segment is anticipated to grow at the fastest rate during the forecast period due to increasing research and developments in these institutes.
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Some of the leading players in global stable isotope labelled compounds market include PerkinElmer, Merck, 3M, Cambridge Isotope Laboratories, Inc., URENCO Limited, IsoSciences LLC, Medical Isotopes, Inc., Omicron Biochemicals, Inc., Trace Sciences International, Alsachim, Taiyo Nippon Sanso Corporation, CortecNet, ISOFLEX, Huayi Isotopes Co., Mesbah Energy Co., C/D/N/ Isotope Inc., Shoko Co. Ltd., Nordion Inc., BOC Sciences, Pepscan, etc. In order to expand their market share, the companies adopt various strategies including collaborations, to attract more customers. For instance, Taiyo Nippon Sanso Corporation of Japan bought SAIL technologies Inc. in order to improve the manufacture and distribution of these compounds to the research organizations and drug industries.
“In terms of regional analysis, North America accounts for the largest share in global stable isotope labeled compounds market and the trend is likely to continue in the coming years as well. Presence of various pharma industries in countries like United States and Canada are the major factors that lead to the growth of the market. The strong economy of the region also allows the government to invest in the isotope production and distribution programs, which is expected to fuel the market in the region. However, as of 2019, the APAC region is anticipated to grow at the highest rate as developing countries like China and India are still in the middle of initiating the use of these compounds.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Stable Isotope Labeled Compounds Market, By Compounds (Carbon (13C), Nitrogen(15N), Deuterium, Oxygen(18O), Others), By Application (Diagnosis, Drug Discovery, Imaging, Sterilization, Others), By Substances (Nucleic Acids, Amino Acids, Drugs/Metabolites, Fatty Acids /Lipids, NMR Solvents and Others), By Indication (Cardiology, Neurology, Inflammation, Metabolic disease and Others), By Method (Chemical, Cell-culturing), By End-User (Pharmaceutical and Biotechnology Companies, Academic Institute and Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global stable isotope labeled compounds market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global stable isotope labeled compounds market.
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