Market Synopsis
Competitive Market Growth, Size, Share and Forecast to 2027 for Metagenomic Sequencing Market, By Offerings (Reagents And Consumables, Instruments, Services, Analysis & Data Interpretation Solutions); By Workflow (Sample Processing And Library Preparation, Sequencing, Data Processing And Analysis); By Technology (Shotgun Metagenomic Sequencing, 16S RRNA Sequencing, Metatranscriptomics, Whole-Genome Sequencing & De Novo Assembly); By Application (Drug Discovery, Clinical Diagnostics, Soil Microbiome Applications, Industrial Applications, Ecological And Environmental Applications, Veterinary Applications, Other Applications)
Market Snapshot
The Metagenomic Sequencing Market was valued USD 1.9 million in 2021 and will grow at a CAGR of 18.40% for the forecast period of 2022-2027, as per the market research report by Absolute Markets Insights titled ” Metagenomic Sequencing Market
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Market Overview
In terms of revenue, global metagenomic sequencing market is expected to reach US$ 6.1 Bn by 2029, growing at an estimated CAGR of 20% over the forecast period (2022 – 2030). Understanding the root cause of any thing is extremely important as successful diagnosis is definitely a step towards correct treatment. This is exactly what metagenomics ensures when it comes to environmental health. Metagenomics basically is the detailed study of any genetic material that has been traced directly from the environment which is human gut, ocean water and soil. All this is then used to understand the diverse species along with right potential of microbes. The recent coronavirus pandemic that rattled the globe has directly contributed to the growth of the global metagenomic sequencing market. The infection which wasn’t known prior to year 2019 claimed lives of millions across the world. Post this several leading pharma and medical research companies have developed rapid testing kits along with vaccines for COVID-19 using advancements in sequencing.
“Keyword” based on a variety of criteria, including forward/backward integration, economies of scale, the proportion of different distribution channels, various elements influencing consumer behavior, including brand loyalty, price, and product accessibility, capital investments, the regulatory environment, production rights and patents, promotional tactics, and other client preferences. The stakeholders in the industry are likely to benefit from this information and be encouraged to make decisions.
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Metagenomic Sequencing Market Competitive Landscape:
The prominent companies in the Metagenomic Sequencing Market are:
Agilent Technologies, Inc.
BGI
Bio-Rad Laboratories, Inc.
ENTEROME
Illumina, Inc.
IntegraGen
Oxford Nanopore Technologies
Pacific Biosciences of California, Inc
Promega Corporation
QIAGEN
Swift Biosciences Inc.
Thermo Fisher Scientific Inc.
Other Market Participants
Impact of COVID-19:
Insights on COVID-19 in consumer behavior, demand shifts, purchasing trends, supply chain restructuring, market forces dynamics, and significant government participation are presented in this paper. Regarding the impact of COVID-19 on the markets, the new research offers additional information, analysis, projections, and estimates.
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- An extensive investigation of the COVID-19 virus and pandemic is provided in the recently updated, 405+ page publications.
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- The Sample Report provides readers with a competitive edge by providing additional information on the major market players, including their sales volume, business strategy, and revenue analysis.
Key Benefits of Global Metagenomic Sequencing Market Report:
- The research on global “Keyword” trends includes in-depth historical and future analyses.
- The Global “Keyword” Growth Research Report offers comprehensive data on Market Introduction, Market Summary, Global Market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, and Regional and National levels.
- The research on global “Keyword” trends aids in locating business prospects.
- The global “Keyword” report provides a thorough examination of current trends and the marketplace.
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Metagenomic Sequencing Market Regional Insights
North America accounted for a dominant position in the metagenomic sequencing market in 2021. Presence of leading pharma and medical research companies that are willing to place higher bets on genomics research along with remarkable development in regards with NGS data analysis solutions has been rampantly driving the growth of this market in this region.
The report provides a thorough analysis of the (Global Keyword Market) expansion and other factors in significant geographic areas. North America, Europe, Asia-Pacific, and Latin America are the main regions addressed in the research.
Why the Metagenomic Sequencing Market Report is Beneficial?
- The “Keyword” report was put together using a comprehensive and innovative research technique.
- The study provides a thorough overview of the competitive landscape for the “Keyword.
- “It contains a substantial amount of data on the most recent product and technology breakthroughs in the “Keyword.”
- The wide variety of analysis related to how these enhancements will affect the future growth of “Keywords.”
- The “Keyword” study’s thorough research report combines the necessary historical data and analysis.
- The “Keyword” report’s insights are clear and include graphical representations of the data in the form of bar graphs, statistics, pie charts, etc.
- This report can be altered to suit the needs of the client. Please get in touch with our sales staff so they can make sure you receive a report that is appropriate for your needs.
Metagenomic Sequencing Market Segmentation:
The Metagenomic Sequencing Market the market has been divided into groups based on product type and application. The share and growth rate of each market segment are assessed. Additionally, the experts have investigated possible areas that might pay off for the makers in the upcoming years. The geographical study provides accurate volume and value forecasts, assisting market participants in gaining a comprehensive understanding of the entire sector.
Global Metagenomic Sequencing Market
By Offerings
- Reagents and Consumables
- Instruments
- Services
- Analysis & Data Interpretation Solutions
By Workflow
- Sample Processing and Library Preparation
- Sequencing
- Data Processing and Analysis
By Technology
- Shotgun Metagenomic Sequencing
- 16S rRNA Sequencing
- Metatranscriptomics
- Whole-genome Sequencing & De Novo Assembly
By Application
- Drug Discovery
- Clinical Diagnostics
- Soil Microbiome Applications
- Industrial applications
- Ecological and Environmental Applications
- Veterinary Applications
- Others Applications
Global Metagenomic Sequencing Market by Region
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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