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The Metagenomic
Sequencing Market is
anticipated to reach USD 1.73 Billion by 2032 at 15.5% CAGR during the forecast
period 2023-2032
The Metagenomic Sequencing Market is
experiencing significant growth as researchers and scientists increasingly turn
to advanced DNA sequencing techniques to explore complex microbial communities.
Metagenomic sequencing involves the analysis of genetic material directly
obtained from environmental samples, allowing for the comprehensive study of
microbial diversity and function.
DNA
sequencing techniques play
a pivotal role in metagenomics, enabling the identification and
characterization of microorganisms within a given sample. High-throughput
sequencing technologies, such as next-generation sequencing (NGS), have
revolutionized metagenomic studies by providing faster and more cost-effective
methods for analyzing large-scale genomic data.
One of the key driving factors behind
the expansion of the Metagenomic Sequencing Market is the growing interest in
understanding the meta genome – the collective genetic material of a microbial
community. Meta genomics goes beyond traditional single-species genomic
analysis, offering insights into the interactions and dynamics of entire
microbial ecosystems. This is particularly valuable in fields such as
environmental microbiology, agriculture, and healthcare.
The demand for metagenomic sequencing
services is also fueled by its applications in various industries, including
pharmaceuticals, biotechnology, and environmental monitoring. Researchers
leverage meta genomic data to discover novel genes, understand microbial
functions, and explore potential applications in fields like bioenergy
production and bioremediation.
Major Key Players:
Global Metagenomic
Sequencing Companies include
Enterome Bioscience (France), GATC Biotech AG (Germany), Aperiomics, Inc.
(U.S.), Illumina Inc. (U.S.), The Mitre Corporation (U.S.), F Hoffman-La Roche
Ltd. (Switzerland), Second Genome Therapeutics (U.S.), SciGenom Labs Pvt. Ltd.
(India), Quest Diagnostics Incorporated (U.S.), GenapSys, Inc. (U.S.),
Freenome Inc. (U.S.), COSMOSID (U.S.), Beijing Genomics Institute (China),
Pacific Biosciences (U.S.), Biomatters Ltd. (New Zealand), Oxford Nanopore
Technologies Inc. (UK), Thermo Fisher Scientific Inc. (U.S.), CLC Bio (Qiagen)
(Denmark), DNAStar Inc. (U.S.), Agilent Technologies Inc. (U.S.), Macrogen Inc.
(South Korea), Knome Inc. (U.S.), and Helicos BioSciences (U.S.) among others.
Segment Analysis
MRFR has segmented the report into
four key dynamics for an easy grasp;
By Technology: Sequencing and Bioinformatics among others.
By Application : Infectious Disease Diagnosis, Environmental
Remediation, Gut Microbe Characterization, Biotechnology, Biofuel, Ecology, and
Agriculture among others.
By End-user : Hospitals, Research Institutes, and Specialized
Clinics among
others.
By Regions : North America, Europe, Asia Pacific, and
the Rest-of-the-World (RoW).
Regional Analysis
The North American region leads the
global metagenomic sequencing market owing to the presence of global players
who are focused on introducing the procedures with innovative technology.
Encouraging governmental support for R&D activities in healthcare and
metagenomic sequencing tests is acting as a significant tailwind that is
pushing up the market.
Additional factors encouraging the
growth of the market include increased uptake of advanced technologies in the
next generation sequencing procedures and its increasing applications and high
healthcare expenditures.
The metagenomic sequencing market in
the US backed the increasing demand for metagenomic sequencing, contributes to
the growth of the regional market majorly. Heading with the rising demands for
metagenomic sequencing procedures, the region will create a larger revenue
pocket in the global metagenomic sequencing market by 2023.
Heading with the significant
advancements of technologies and their wide uptake in the medical sector, the
metagenomic sequencing market in the European region holds the second position
in terms of size.
Moreover, the presence of a
flourishing medical devices market and rising healthcare expenditure in the
region will facilitate the growth of the market. Also, factors such as support
and funding from public & private sectors for research & development
impacts the market growth in the region positively.
Furthermore, the availability of
low-cost metagenomic and NGS procedures and their rising adoption by research
laboratories are driving the growth of this market.
The Asia Pacific region heading with
the increasing prevalence of genetic disorders has emerged as a promising
market for metagenomic sequencing. The large unmet clinical needs are
attracting the foreign investors and global players to focus on this region to
expand the network that is helping them to capture major share of the market.
Related Report:
North America Cosmetic Surgery Market
Middle East and Africa HPV Vaccines
Market
software as a medical device Market
cartilage repair devices Market
For More Information, Please Visit
@ Market
Research Future
The Metagenomic
Sequencing Market is
anticipated to reach USD 1.73 Billion by 2032 at 15.5% CAGR during the forecast
period 2023-2032
The Metagenomic Sequencing Market is
experiencing significant growth as researchers and scientists increasingly turn
to advanced DNA sequencing techniques to explore complex microbial communities.
Metagenomic sequencing involves the analysis of genetic material directly
obtained from environmental samples, allowing for the comprehensive study of
microbial diversity and function.
DNA
sequencing techniques play
a pivotal role in metagenomics, enabling the identification and
characterization of microorganisms within a given sample. High-throughput
sequencing technologies, such as next-generation sequencing (NGS), have
revolutionized metagenomic studies by providing faster and more cost-effective
methods for analyzing large-scale genomic data.
One of the key driving factors behind
the expansion of the Metagenomic Sequencing Market is the growing interest in
understanding the meta genome – the collective genetic material of a microbial
community. Meta genomics goes beyond traditional single-species genomic
analysis, offering insights into the interactions and dynamics of entire
microbial ecosystems. This is particularly valuable in fields such as
environmental microbiology, agriculture, and healthcare.
The demand for metagenomic sequencing
services is also fueled by its applications in various industries, including
pharmaceuticals, biotechnology, and environmental monitoring. Researchers
leverage meta genomic data to discover novel genes, understand microbial
functions, and explore potential applications in fields like bioenergy
production and bioremediation.
Major Key Players:
Global Metagenomic
Sequencing Companies include
Enterome Bioscience (France), GATC Biotech AG (Germany), Aperiomics, Inc.
(U.S.), Illumina Inc. (U.S.), The Mitre Corporation (U.S.), F Hoffman-La Roche
Ltd. (Switzerland), Second Genome Therapeutics (U.S.), SciGenom Labs Pvt. Ltd.
(India), Quest Diagnostics Incorporated (U.S.), GenapSys, Inc. (U.S.),
Freenome Inc. (U.S.), COSMOSID (U.S.), Beijing Genomics Institute (China),
Pacific Biosciences (U.S.), Biomatters Ltd. (New Zealand), Oxford Nanopore
Technologies Inc. (UK), Thermo Fisher Scientific Inc. (U.S.), CLC Bio (Qiagen)
(Denmark), DNAStar Inc. (U.S.), Agilent Technologies Inc. (U.S.), Macrogen Inc.
(South Korea), Knome Inc. (U.S.), and Helicos BioSciences (U.S.) among others.
Segment Analysis
MRFR has segmented the report into
four key dynamics for an easy grasp;
By Technology: Sequencing and Bioinformatics among others.
By Application : Infectious Disease Diagnosis, Environmental
Remediation, Gut Microbe Characterization, Biotechnology, Biofuel, Ecology, and
Agriculture among others.
By End-user : Hospitals, Research Institutes, and Specialized
Clinics among
others.
By Regions : North America, Europe, Asia Pacific, and
the Rest-of-the-World (RoW).
Regional Analysis
The North American region leads the
global metagenomic sequencing market owing to the presence of global players
who are focused on introducing the procedures with innovative technology.
Encouraging governmental support for R&D activities in healthcare and
metagenomic sequencing tests is acting as a significant tailwind that is
pushing up the market.
Additional factors encouraging the
growth of the market include increased uptake of advanced technologies in the
next generation sequencing procedures and its increasing applications and high
healthcare expenditures.
The metagenomic sequencing market in
the US backed the increasing demand for metagenomic sequencing, contributes to
the growth of the regional market majorly. Heading with the rising demands for
metagenomic sequencing procedures, the region will create a larger revenue
pocket in the global metagenomic sequencing market by 2023.
Heading with the significant
advancements of technologies and their wide uptake in the medical sector, the
metagenomic sequencing market in the European region holds the second position
in terms of size.
Moreover, the presence of a
flourishing medical devices market and rising healthcare expenditure in the
region will facilitate the growth of the market. Also, factors such as support
and funding from public & private sectors for research & development
impacts the market growth in the region positively.
Furthermore, the availability of
low-cost metagenomic and NGS procedures and their rising adoption by research
laboratories are driving the growth of this market.
The Asia Pacific region heading with
the increasing prevalence of genetic disorders has emerged as a promising
market for metagenomic sequencing. The large unmet clinical needs are
attracting the foreign investors and global players to focus on this region to
expand the network that is helping them to capture major share of the market.
Related Report:
North America Cosmetic Surgery Market
Middle East and Africa HPV Vaccines
Market
software as a medical device Market
cartilage repair devices Market
For More Information, Please Visit
@ Market
Research Future
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