Metagenomics Sequencing Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The Metagenomic Sequencing Market size was valued at USD 827.55 Million in 2020 and is projected to reach USD 1,353.28 Million by 2028, growing at a CAGR of 6% from 2022 to 2028.
Metagenomics is the study of the genome collectively in the microbial community. This process involves cloning and analyzing the genome without culturing the organism in a community. The metagenomics process has been responsible for the substantial advances in microbial ecology, evolution and diversity. This activity is currently mainly carried out in many laboratories. The global metagenomics sequencing market growth is mainly driven by factors such as significant application of metagenomics in various sectors, various initiatives and funding from government and private institutions for large-scale sequencing projects, and reduction in sequencing costs. Increasing advancements related to DNA sequencing and increasing expansion of metagenomic sequencing applications are driving the growth of the global metagenomics sequencing market.
Market Segments
By Workflow
- Sample Processing & Library Preparation
- Sequencing
- Data Processing & 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
Key Players
Major players that operate in this metagenomics sequencing market include BGI Genomics Co., Ltd., Eurofins Genomics, Illumina, Inc., Macrogen Inc., Oxford Nanopore Technologies Ltd, Pacific Biosciences of California, Inc., PerkinElmer Inc., QIAGEN N.V., Swift Biosciences Inc., and Thermo Fisher Scientific Inc.
Scope of the Report
The research study analyzes the global Metagenomics Sequencing industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Metagenomics Sequencing Market Report
1. What was the Metagenomics Sequencing Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Metagenomics Sequencing Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Metagenomics Sequencing Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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