Metagenomic Sequencing Market Increasing Demand, Growth Analysis and Future Outlook by 2031


Posted July 31, 2024 by Tan8121

Global metagenomic sequencing market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period (2024-2031).

 
Global metagenomic sequencing market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for personalised medicine and precision healthcare. Metagenomic sequencing enables researchers and clinicians to analyse the genetic material of complex microbial communities within the human body, environmental samples, or other ecosystems that provide valuable insights into the diversity and functions of microorganisms, facilitating the development of targeted therapies, diagnostics, and interventions tailored to individual patients or specific environmental conditions.

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Looking towards the rising sequencing demand, in September 2021, Thermo Fisher Scientific, Inc., based in the US, collaborated with AstraZeneca, headquartered in the UK, to jointly develop a next-generation sequencing (NGS)-based companion diagnostic. The partnership's focus was on commercializing NGS-based diagnostics within the Russian market.

Additionally, in February 2021, PacBio, a company specializing in genomic sequencing technology, announced that Children's Mercy Kansas City expanded its investment in highly accurate HiFi sequencing with the addition of four new Sequel IIe Systems, complementing its existing two Sequel IIe Systems.

Global Metagenomic Sequencing Market Report Segment

By Type

Drug Discovery
Clinical Diagnostic
Soil Microbiome
Industrial Applications
Ecological and Environmental
Veterinary

By Product & Service

Reagents and Consumables
Instruments
Sequencing Services
Analysis and Data Interpretation Solutions

By Technology

16s Rna Sequencing
Shotgun Metagenomic Sequencing
Whole-Genome Sequencing and De Novo Assembly
Metatranscriptomics

By Workflow

Sample Preparation
Sequencing
Data Processing and Analysis

A full report of Metagenomic Sequencing Market available @ https://www.omrglobal.com/industry-reports/metagenomic-sequencing-market

Metagenomic Sequencing Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

10x Genomics, Inc.
Agilent Technologies, Inc.
Arc Bio, LLC
Azenta US, Inc.
BaseClear BV
Bio-Rad Laboratories, Inc. (Bio-Rad's)
Computomics GmbH
CosmosID
DNASTAR
Eurofins Genomics
Eurofins Scientific

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Last Updated July 31, 2024