Metagenomic Sequencing Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market, the global Metagenomic Sequencing Market size is projected to reach a CAGR of 19.1% and Forecast to 2030.
Get Free Sample Report: https://www.delvens.com/get-free-sample/metagenomic-sequencing-market
The need for microbiome analysis and an increased understanding of the importance of the microbiome to human health are driving the market for metagenomic sequencing, which is expanding quickly. Metagenomic sequencing is now more widely used in a variety of applications, including drug discovery, environmental monitoring, and disease diagnosis. This is because the development of high-throughput sequencing technologies has made it simpler and more affordable to sequence large amounts of genetic material from complex samples.
The Prominent Players in Metagenomic Sequencing Market are
- Illumina, Inc.
- Thermo Fisher Scientific, Inc.
- QIAGEN N.V.
- PerkinElmer
- Oxford Nanopore Technologies Ltd.
- BGI Group
- Macrogen Inc.
- GENEWIZ
- Eurofins Scientific
- Novogene Corporation and More
Regional Analysis of Metagenomic Sequencing Market
North America to Dominate the Market
- North America accounted for the largest share of the metagenomic sequencing market in 2021. Factors such as the increasing applications of metagenomics in diagnostics and genomics research, the availability of research funding, and the development of NGS data analysis solutions are driving the growth of the metagenomic sequencing market in North America.
- The market in the Asia Pacific is expected to register the highest growth rate during the forecast period, primarily due to the increasing financial support from public as well as private agencies, the increasing number of NGS-based research projects, increasing awareness about precision medicine, and the rising prevalence of chronic diseases.
Recent Developments
Illumina, Inc. (US) collaborated with Helix to increase national surveillance infrastructure in the US to track the emergence and prevalence of novel strains of SARS-CoV-2 with support from the CDC.
Illumina (US) acquired BlueBee, a cloud-based software company that provides genomic analysis solutions for research and clinical customers. Through this acquisition, Illumina enhanced its capabilities to analyze and interpret the data produced by its sequencing systems.
Key Findings of Metagenomic Sequencing Market:
- The product & service segment is further segmented into reagents & consumables, instruments, services, and analysis & data interpretation solutions. The reagents & consumables segment is expected to share and reach the highest CAGR during the forecast period.
- The technology segment is further segmented into Shotgun Metagenomic Sequencing, 16S rRNA Sequencing, and Metatranscriptomics. 16S rRNA sequencing segment accounted for the largest share of the metagenomic sequencing market.
- The application segment is further segmented into drug discovery, clinical diagnostics, soil microbiome applications, industrial applications, ecological & environmental applications, veterinary applications, and other applications.
Access Full Report: https://www.delvens.com/report/metagenomic-sequencing-market
In addition to the market data for Metagenomic Sequencing Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirement.
Access More Reports:
Medium-Voltage Inverters Market
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Contact us:
Unit No. 01, 3rd Floor, Plot No. 56, Block B
Sector 2 Noida, Near Noida Sector 15 Metro Station 201301, IN
+44 20 3290 6466
+0120- 4903958