Growing advanced technological platforms & improved genomic tools, rising initiatives and funds by government and private organizations to large scale project of sequencing and increasing prevalence of genetic disorders are the some of the major factors driving the growth of Global Metagenomics Sequencing Market.
Global Metagenomics Sequencing Market is valued at USD 1052.3 Million in 2020 and expected to reach USD 3982.3 Million by 2027 with a CAGR of 18.1% over the forecast period.
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Metagenomics Sequencing Market: Market Scope
The global metagenomics sequencing market is going to show a certain amount of growth int eh coming years. the growth is going to increase with the profitable opportunities going forward in the nations that are emerging in terms of economies.
Metagenomics Sequencing Market: Competitive Analysis
Some of the major metagenomics sequencing companies 2021, Illumina, Inc, BGI Genomics Co., Ltd., Eurofins Genomics, Macrogen Inc, Pacific Biosciences of California, Inc., Oxford Nanopore Technologies Ltd., QIAGEN N.V., PerkinElmer Inc, Thermo Fisher Scientific Inc and Swift Biosciences Inc. The global metagenomics sequencing key players are working on the development of products and product launches which is going to increase the growth in the market.
Metagenomics Sequencing Market: Segmentation Analysis
On the basis of products and services, the global metagenomics sequencing market has been segmented into the product & service type, instruments, reagents & consumables and services. Reagents & consumables in all anticipation will be the market that is going to grow the fastest during the coming years. The use of the reagents and consumables is going to ensure that DNA utilized for the metagenomics sequencing analysis is going to be the representative of every cell present in the sample and is going to be ideal for the generation of the genomic libraries.
Further the consumables which are used in the pre-sequencing steps is going to ensure that the sample DNA which is subjected to the sequencing is processed with accuracy to generate the desirable nucleotide sequence. There is going to be the increase in the demand for the metagenomics sequencing primarily because of the rise in the genetic disorders and an increase in the projects related to the research in metagenomics sequencing which is going to boost the growth of the market.
On the basis of technology, the global metagenomics sequencing market has been dominated by the shotgun metagenomics sequencing segment which is going to grow the fastest in the market. This is due to the advantages that are offered by the shotgun sequencing over the other techniques and the healthcare professional preferences towards this technology. This is going to also grow with the kind of advantages that are offered in the market because of this method.
By Product & Service:
- Reagents & Consumables
- Instruments
- Services
- Analysis & Data Interpretation Solutions
By Technology:
- Shotgun Metagenomics Sequencing
- Metatranscriptomics
- 16s rRNA Sequencing
- Whole Genome Sequencing & De Novo Assembly
By Application:
- Clinical Diagnostics
- Drug Discovery
- Biofuel
- Industrial Applications
- Veterinary Applications
- Ecological & Environmental Metagenomics
- Others
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Metagenomics Sequencing Market: Regional Analysis
Metagenomics sequencing statistics will show that the region of the North America is going to show the growth in the market in the coming years. The market will be dominated in the coming years. The North American market will be dominant in the global sequencing and will dominate all over the global market with the increasing implementation of the DNA sequencing all over the metagenomics applications in this region. Further, the rapid adoption of the novel technologies in this region is going to increase the dominance. The increase in the product launches, acquisition , product approval is going to fuel the growth in the market for this region along with the impetus from the coronavirus testing.
Regional & Country Analysis:
North America
- U.S.
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- South Korea
- Japan
- China
- India
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Colombia
- Brazil
- Argentina
- Peru
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
Metagenomics Sequencing Market: Key Drivers
Metagenomics sequencing growth drivers include the growth primarily due to the growth in emerging economies. The metagenomics is a study of the genomes which are collectively there in the microbial community. This is a process which involves the cloning and analysis of the genomes with the culturing of organisms in a community. The metagenomics process has been responsible for the advances which have been substantially made in the microbial ecology, diversity and evolution. This is an activity which is mainly engaged in the research laboratories now.
The global market has been driven by the factors like significant application of the metagenomics in different fields, many initiatives and fundings which have been received from the private and government bodies at a large scale for the sequencing projects and the declining costs of sequencing. The increase in the advancements with regard to the DNA sequencing and the rising expansion of the applications are going to drive the growth of the market. Furthermore, the developing nations offer the profitable opportunities for the product manufacturers.
The growth in the market is driven majorly by the growth in the demand for the drug discovery, clinical diagnostics and the increasing prevalence of the genetic disorders. Further, the metagenomic technologies are enabling the study of the microbial communities as an entire unit without requiring the need for cultivating them. the genomic diversity and uncultivability serve as the biggest two roadblocks in the advancements of the clinical and environmental microbiology. The metagenomics has been gaining immense traction among the professionals of healthcare and researchers too. The advancement in the metagenomics sequencing technologies has been expected to increase the opportunities of growth in the global metagenomics sequencing market.
Metagenomics Sequencing Market: Key Trends
Metagenomics sequencing trends suggest that the coronavirus pandemic has been a deterrent to the metagenomics market. The coronavirus pandemic which started a couple of years ago in China, is a highly contagious disease which is caused by the severe respiratory illness which is transmitted from one human to another. The pandemic had then resulted in the lockdowns being imposed across the nations. Thereby, it had impacted every vertical in the industry. The pandemic was a threat to every person in the society. Therefore, the healthcare systems too had been affected and the effective delivery of the medical care and treatment to every patient became challenging all over the world.
The impact overall of the pandemic though was also positive in a few ways. The pandemic saw the clinical and diagnostic testing become an important component of the response and the rapid rise in the numbers of these cases had enabled the identification and isolating of the individuals who were infected. The testing was based on the RT-PCR which detected the presence of the coronavirus. The NGS and genome sequencing of the virus is providing the data of metagenomics of the diagnostic tests is combined with the clinical data for searching the effective treatments. Metagenomics sequencing 2022 looks positive as people are still getting tested as per different regulations. This is going to affect the market positively.
News:
SYNLAB and Microba Signed Strategic Agreement to Launch Advanced Gut Microbiome Test MyBiome
July 16th, 2020; SYNLAB, have signed a strategic agreement to launch the gut microbiome test MyBiome in Europe and LATAM. MyBiome will be an innovative and one of the most comprehensive metagenomic sequence-based tests available in the market, allowing an objective and actionable analysis of an individual’s gut microbiome.
Key Benefits of Global Metagenomics Sequencing Market Report–
- Global Metagenomics Sequencing Market report covers in-depth historical and forecast analysis.
- Global Metagenomics Sequencing Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Metagenomics Sequencing Market report helps to identify opportunities in marketplace.
- Global Metagenomics Sequencing Market report covers extensive analysis of emerging trends and competitive landscape.
This comprehensive report will provide:
- Enhance your strategic decision making
- Assist with your research, presentations, and business plans
- Show which emerging market opportunities to focus on
- Increase your industry knowledge
- Keep you up-to-date with crucial market developments
- Allow you to develop informed growth strategies
- Build your technical insight
- Illustrate trends to exploit
- Strengthen your analysis of competitors
- Provide risk analysis, helping you avoid the pitfalls other companies could make
- Ultimately, help you to maximize profitability for your company.
- Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of the market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are the main factors responsible for new product launches?
- How big are the global & regional markets in terms of revenue, sales, and production?
- How far will the market grow in the forecast period in terms of revenue, sales, and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
- Which region has more opportunities?
Table of Content
Chapter 1 – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
Chapter 2 – Global Metagenomics Sequencing Market Overview
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Metagenomics Sequencing Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Metagenomics Sequencing Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
Chapter 3 – Global Metagenomics Sequencing Market Overview
Chapter 4 – Global Metagenomics Sequencing Market Analysis: Segmentation By Types
Continued@……..
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