Metagenomic Sequencing Market Report- Technology (Shotgun, 16s Rrna, Whole-Genome) | Application (Diagnostic, Soil Microbiome)

The metagenomic sequencing market is projected to reach USD 2.3 billion by 2024 from USD 1.0 billion in 2019, at a CAGR of 17.0%. The growth of this market is driven by factors such as the significant applications of metagenomics in various fields, the various initiatives and funding from government & private bodies for large-scale sequencing projects, and the declining cost of sequencing.

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The major players operating in the global metagenomic sequencing market are Illumina, Inc. (US), Thermo Fisher Scientific, Inc (US), QIAGEN N.V. (Netherlands), PerkinElmer (US), Oxford Nanopore Technologies Ltd (UK), BGI Group (China), Macrogen Inc. (South Korea), GENEWIZ (US), Eurofins Scientific (Luxembourg), Novogene Corporation (China), Zymo Research Corporation (US), NuGEN Technologies, Inc (US), IntegraGen SA (France), Microsynth AG (Switzerland), and DNA Star, Inc (US).

The metagenomic sequencing market is segmented into four major regions, namely, North America, Europe, the Asia Pacific (APAC), and the Rest of the World (Latin America, the Middle East, and Africa). The Asia Pacific regional segment is expected to grow at the highest CAGR during the forecast period. Growth in this market segment is mainly due to a significant focus on R&D activities as a means of broadening the scope of metagenomics applications, increasing adoption of metagenomics for diagnostics (due to the decreasing cost of metagenomics products and services), and technological developments in metagenomics genomic data analysis as well as interpretation.

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This report studies the metagenomic sequencing market by product & service, workflow, technology, application, and region. It also covers factors affecting market growth, analyzes various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the study analyzes micro markets with respect to their individual growth trends and forecasts the size of market segments with respect to key regions-North America, Europe, the Asia Pacific, and the Rest of the World.

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From an insights perspective, this research report focuses on various levels of analysis-market ranking the analysis of the top players and their company profiles, which together comprise and discuss basic views on the competitive landscape; emerging segments of the metagenomic sequencing market and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, will help firms garner greater market shares.

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency Used for the Study
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Product-Based Market Estimation
2.2.2 Application-Based Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Metagenomic Sequencing: Market Overview
4.2 Metagenomic Sequencing Market Share, By Product & Service (2019 vs. 2024)
4.3 Market Share, By Workflow (2019 vs. 2024)
4.4 Market Share, By Technology (2019 vs. 2024)
4.5 Market, By Application, (2019 vs. 2024)
4.6 Market, By Region (2019-2024)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Significant Applications of Metagenomics in Various Fields
5.2.1.2 Initiatives and Funding From Government & Private Bodies for Large-Scale Sequencing Projects
5.2.1.3 Declining Cost of Sequencing
5.2.2 Restraints
5.2.2.1 End-User Budget Constraints in Developing Countries
5.2.3 Opportunities
5.2.3.1 Availability of Cloud Computing for Data Management
5.2.4 Challenges
5.2.4.1 Storage of Sequencing Data
5.2.4.2 Dearth of Skilled Professionals

6 Metagenomic Sequencing Market, By Product & Service
6.1 Introduction
6.2 Reagents & Consumables
6.2.1 Rising Adoption of Metagenomic Sequencing is Driving the Use of Reagents and Consumables
6.3 Instruments
6.3.1 Launch of Advanced Ngs Platforms Will Support the Growth of This Segment
6.4 Services
6.4.1 Time and Cost-Effectiveness of Outsourcing Ngs Projects has Driven Demand for Services
6.5 Analysis and Data Interpretation Solutions
6.5.1 Limited Technical Knowledge of Advanced Analysis Solutions Among End Users to Hamper Market Growth

7 Metagenomic Sequencing Market, By Workflow
7.1 Introduction
7.2 Sample Processing & Library Preparation
7.2.1 Sample Processing & Library Preparation Holds the Largest Share of the Market, By Workflow
7.3 Sequencing
7.3.1 Sanger Sequencing has Been Supplanted By Ngs Due to Its Advantages and Rapidity
7.4 Data Processing & Analysis
7.4.1 Need for Skilled Personnel to Operate Data Processing and Analytics Tools has Slowed Market Growth

8 Metagenomic Sequencing Market, By Technology
8.1 Introduction
8.2 16s Rrna Sequencing
8.2.1 16s Rrna Sequencing is A Cost-Effective Technique for the Identification of Bacterial Strains
8.3 Shotgun Metagenomic Sequencing
8.3.1 Shotgun Metagenomic Sequencing Segment to Witness the Highest Growth Rate During the Forecast Period
8.4 Whole-Genome Sequencing and De Novo Assembly
8.4.1 Wgs Can Sequence the Complete Metagenome of Environmental Samples & Helps Generate Accurate Reference Genomes for Microbial Identification
8.5 Metatranscriptomics
8.5.1 Metatranscriptomics Helps in the Understanding of the Active Functional Profile of A Microbial Community

9 Metagenomic Sequencing Market, By Application
and more..

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