Stable Isotope Labeled Compounds Market International Players and Business Insights
The
stable
isotope-labeled compounds market is emerging and fragmented in nature with
various regional and international players. In 2016, Cambridge Isotope
Laboratories, Inc. (U.S.) and Merck KGaA (Germany) dominated the stable isotope-labeled
compounds market.
According
to the recent research report the global stable isotope-labeled compounds
market is projected to reach USD 294.2 million by 2022 from USD 254.6 million
in 2017, at a CAGR of 2.9% during the forecast period.
Cambridge
Isotope Laboratories, Inc. specializes in the process of labeling biochemical
and organic compounds with highly enriched, stable (non-radioactive) isotopes
of carbon, hydrogen, nitrogen, and oxygen. These products find application in
structural biology, proteomics, genomics, molecular biology, metabolic
research, clinical and diagnostic research, and ultra-trace environmental
analysis. To maintain its leading position and
increase its customer base in the stable isotope-labeled compounds market,
the company mainly focuses on strategic agreements and product launches.
Moreover, the company’s isotope separation facility located in Ohio (U.S.) is
the world’s largest carbon-13 and oxygen-18 isotope separation facilities and
has the only commercial heavy enrichment columns in the world.
Merck
KGaA held the second position in the global stable isotope-labeled compounds
market in 2016. The company offers stable isotope-labeled compound products
through its Life Sciences segment. After the acquisition of Sigma-Aldrich
(U.S.) in 2015, the firm became a prominent player in the stable isotope-labeled
compounds market. The company offers stable isotope-labeled carbohydrates,
amino acids, nucleotides, vitamins among others. Merck KGaA focuses on
acquisitions, collaborations, and geographic expansions to strengthen its
position in the market. In addition, the
presence of a strong distribution and sales network across the globe has
enabled this company to maintain its position in the market.
Some of the other players competing in this market are URENCO
Limited (U.K.), IsoSciences, LLC (U.S.), Medical Isotopes, Inc. (U.S.), Omicron
Biochemicals, Inc. (U.S.), Nordion (Canada) Inc., Trace Sciences International
(U.S.), Alsachim (France), Taiyo Nippon Sanso Corporation (Japan), PerkinElmer
Inc. (U.S.), and Rotem Industries Israel, Ltd. (Israel).
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