Global Microbiome Sequencing MarketMarket Updates 

Global Microbiome Sequencing Market Valuable Growth Prospects, Top Players, Key Country Analysis, Trends and Forecast till 2026

Press Release

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.

This microbiome sequencing market research report largely covers parameters that can be named as; market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. This microbiome sequencing market report provides estimations of Compound Annual Growth Rate (CAGR) in % value for the forecasted period that may assist user or client to take decisions based on futuristic chart. This report endows with the CAGR value fluctuations during the forecast period of 2019-2026 for the market. To obtain this in detail market report, you should request an analyst call or drop down an enquiry via email.

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Few of the major competitors currently working in the global microbiome sequencing market are 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.

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

Competitive Analysis:

Global microbiome sequencing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of microbiome sequencing market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

  • 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

Market Restraints

  • 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

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Segmentation: Global Microbiome Sequencing Market

By Sequencing Technology

  • Sanger Sequencing
  • High-Throughput Sequencing
  • Third-Generation Sequencing
  • Sequencing By Ligation (SBL)
  • Sequencing By Synthesis (SBS)
  • Shotgun Sequencing
  • Whole Genome Sequencing
  • Targeted Gene Sequencing
  • RNA Sequencing
  • Others

By Component

  • Reagents & Kits
  • Instruments

By Targeted Disease

  • Gastrointestinal Diseases
  • Infectious Diseases
  • CNS Diseases
  • Oncology
  • Others

By Application

  • Drug & Biomarker Discovery
  • Genetic Screening
  • Disease Diagnosis Research
  • Therapeutic
  • Personalized Medicine
  • Others

By Research Type

  • Outsourced
  • In-House

By End-User

  • Pharmaceutical & Biotechnology
  • Academic Centers & Research Institutes
  • Contract Research Organizations (CROs)
  • Others
    • Nutritional

By Laboratory Type

  • Dry Lab
  • Wet Lab

By Geography

  • North America
    • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

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This post was originally published on Food and Beverage Herald

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