The global metagenomics market was valued at $176 million in 2017 and is expected to reach $523 million by 2024 at a CAGR of 16.8% during the forecast period.
Metagenomics is the study of genomes collectively in a microbial community. This process involves cloning and analyzing the genomes without culturing the organisms in the community.Increase in advancements regarding DNA sequencing and rise in expansion of metagenomics applications drive the growth of the global metagenomics market. However, dearth of skilled professionals coupled with the rise in concerns regarding standardization and accuracy of sequencing based diagnostic testing hampers the market growth. Moreover, developing nations offer profitable opportunities for metagenomic sequencing product manufacturers.
Top Players Metagenomics Market:
Agilent Technologies, Inc.
F. Hoffmann-La Roche Ltd.
Oxford Nanopore Technologies Ltd.
Pacific Biosciences of California, Inc.
Swift Biosciences, Inc.
Thermo Fisher Scientific, Inc.
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The industrial research report on ‘Metagenomics Market’ offers in depth analysis on the crucial factors like market share, size, growth factors, drivers, and challenges. The report delivers actionable insights on these factors to help the business players, manufacturers, and marketing executives to plan operational strategies for the forecast period 2020 – 2025. Market Growth Insights Reports also studies the market from 360 degree perspective to offer other impactful factors, such as restraints, ongoing trends, market strengths and weaknesses, and the external factors like government regulations.
In addition to these factors, the report also delivers details on the impact of the ongoing pandemic of COVID-19 on the market. Experts have studied different segments of the industry to offer the crucial impacting domains like production, supply and delivery, technological improvements, change in consumer demand, pricing factors, and others. This also includes the influence on the overall healthcare industry, on the global scale. Thorough analysis on the COVID affected market is also well-explained by the researchers that highlights key opportunities and threats for the business owners and producers after the end of pandemic.
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Metagenomics Market is Classified Into:
Major Types of Metagenomics covered are:
Instrument & software
Major Applications of Metagenomics covered are:
Infectious disease diagnosis
Gut microbe characterization
Experts have divided the Metagenomics Market in key regions including North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Geographic information also includes factors like demographic details, list of industry players in the regions, highly demanded products, key application segments, and details on consumers buying behavior. Demographic information like income, gender, age, and family is offered that will help the manufacturers to plan their production accordingly without compromising on wastage and considering optimal use of resources.
This Metagenomics market report holds answers to some important questions like:
1. What is the size of occupied by the prominent leaders for the forecast period, 2020 – 2025? What will be the share and the growth rate of the Metagenomics market during the forecast period?
2. What are the future prospects for the Metagenomics industry in the coming years?
Which trends are likely to contribute to the development rate of the industry during the forecast period, 2020 – 2025?
3. What are the future prospects of the Metagenomics industry for the forecast period, 2020 to 2025?
4. Which countries are expected to grow at the fastest rate?
5. Which factors have attributed to an increased sale worldwide?
6. What is the present status of competitive development?
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Table of Contents
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study:
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Methodology
- Bottom Up Approach
- Top Down Approach
- Data Validation and Triangulation
- Market Forecasting Model
- Limitations/Assumptions of the Study
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
Market Growth Insight
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