Global microbiome sequencing market is expected to rise to an estimated value of USD 3455.33 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the focus of various researchers on utilization of this technology in the development of personalized medicine and dietary applications.
The Microbiome Sequencing report provides the supreme base for the competitor analysis, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. This report is a source of information which gives current and approaching technical and financial details of the industry to 2026. The report also analyzes the market status, market share, growth rate, sales volume, future trends, market drivers, market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors. By keeping in mind the objectives of the marketing research, this Microbiome Sequencing market research report is generated.
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- Increasing adoption of genomic research methods along with widening areas of application for microbiome sequencing technology is expected to drive the growth of the market
- Increasing demands for next-generation sequencing services will also propel the growth of the market
- Decreasing costs associated with NGS technology giving rise to a greater adoption rate also acts as a market driver
- Increasing investment expenditure being incurred on advancing and utilization of microbiome research will boost this market growth
- Lack of technically proficient individuals is expected to hinder the growth of the market
- Concerns regarding the legal and ethical issues in concerns to genome sequencing methods; this factor is expected to restrict the growth of the market
How this report will help companies to plan their investments and make strategies in the Microbiome Sequencing market?
The Microbiome Sequencing market research report classifies the competitive spectrum of this industry in elaborate detail. The study claims that the competitive reach spans the companies of BIOLOG; Cosmosid Inc; Illumina, Inc.; Metabiomics Corp.; Oxford Nanopore Technologies; BaseClear B.V.; BGI; BioMathematica; Charles River; CoreBiome, Inc.; Clinical-Microbiomics A/S; Diversigen; Eurofins Scientific; LABCYTE INC.; Leucine Rich Bio Pvt Ltd.; Microbiome Insights; MICROBIOME THERAPEUTICS, LLC; Thermo Fisher Scientific Inc.; Molzym GmbH & Co. KG; Norgen Biotek Corp.; Phase Genomics Inc.; QIAGEN; Resphera Biosciences, LLC; Shoreline Biome; StarSEQ GmbH; Viome, Inc.; Zymo Research among others.
The report also mentions regional or country level analysis, market shares for new entrants, critical success factors product sales figures, production value, currency and pricing, gross margins, current & future trends to elucidate imminent investment pockets etc.
This MICROBIOME SEQUENCING market research report serves the businesses with making enhanced decisions, deal with marketing of goods or services, and accomplish better profitability by prioritizing market goals.
Key Segmentation: Global Microbiome Sequencing Market
By Sequencing Technology (Sanger Sequencing, High-Throughput Sequencing, Third-Generation Sequencing, SBL, SBS, Shotgun Sequencing, Whole Genome Sequencing, Targeted Gene Sequencing, RNA Sequencing, Others),
Component (Reagents & Kits, Instruments),
Targeted Disease (Gastrointestinal Diseases, Infectious Diseases, CNS Diseases, Oncology, Others),
Application (Drug & Biomarker Discovery, Genetic Screening, Disease Diagnosis Research, Therapeutic, Personalized Medicine, Others),
Research Type (Outsourced, In-House),
End-User (Pharmaceutical & Biotechnology, Academic Centers & Research Institutes, CROs, Others),
Laboratory Type (Dry Lab, Wet Lab),
Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Key Developments in the Market:
In June 2019, LOOP GENOMICS announced the launch of new kits aimed at enhancing the ultra-high resolution microbiome sequencing solutions for researchers. The kits are provided in combination with Illumina’s instruments which can reduce the overall costs of researches and provide valuable insights with high accuracy
In January 2019, OraSure Technologies announced that they had agreed to acquire two separate organizations to enhance their growth strategies and align their business strategies to meet the growing consumer demands for microbiome services, as well as enhancing the expertise of non-invasive sampling collection
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