Microbiome Sequencing Services Market worth 1,424.7 Million USD by 2021


Posted August 8, 2017 by swap123

Microbiome Sequencing Services Market by Technology (Sequencing by Synthesis), Application (RNA Sequencing), Research Type (Outsourcing), Laboratory Type

 
Browse 44 market data tables and 27 figures spread through 121 pages and in-depth TOC on "Microbiome Sequencing Services Market Technology (Sequencing by Synthesis), Application (RNA Sequencing), Research Type (Outsourcing), Laboratory Type (Wet Lab, Dry Lab), End User (Pharmaceutical & Biotechnology), Other Technologies - Forecast to 2021"
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Major factors fueling market growth are the rising use of microbiomes in genomics, proteomics, and metabolomics and technological advancements in next-generation sequencing (NGS). On the other hand, lack of detailed research, government regulations, and ethical and legal issues related to NGS are the major factors restraining the growth of microbiome sequencing services market.

The global microbiome sequencing services market is segmented on the basis of technology, application, research type, laboratory type, end user, and region. By technology, the market is divided into sequencing by synthesis (SBS), sequencing by ligation (SBL), pyrosequencing, sanger sequencing, and other technologies (such as Omic technologies). The sequencing by synthesis segment is expected to grow at the highest CAGR in the market in 2016. This growth rate can be attributed to the prevalent high demand for this technology.

Based on application, the market is segmented into shotgun sequencing, targeted gene sequencing, RNA sequencing, whole genome sequencing, and other applications (such as small molecule analysis and protein analysis). The shotgun sequencing segment is estimated to grow at the highest CAGR during the forecast period.

Based on research type, the market is divided into internal research and outsourced research. The outsourced research segment is expected to command the fastest CAGR in the market in 2016. This largest share and fastest CAGR is primarily due to increase in outsourced R&D services, as they are less expensive.

On the basis of laboratory type, the market is broadly divided into wet labs and dry labs. The wet labs research segment is expected to command the highest CAGR in the market in 2016.
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Issued By marketsandmarkets
Country India
Categories Biotech
Tags microbiome sequencing services market
Last Updated August 8, 2017