Metagenomics Sequencing Market Growing Popularity and Emerging Trends in the Global Market
However, dearth of skilled professionals in this sector and rise in concerns regarding standardization & accuracy of sequencing-based diagnostic testing are anticipated to hamper the market growth. On the contrary, developing nations offer profitable opportunities for metagenomic sequencing product manufacturers.
Metagenomics is the process of cloning and analyzing the genomes of an organism without culturing them in a community. Shotgun metagenomic sequencing is a next-generation technology, which allows researchers to comprehensively sample all genes in all organisms present in a given complex sample. Moreover, it provides a means to study unculturable microorganisms that are otherwise difficult or impossible to analyze. Furthermore, as uncultivability and genomic diversity serve as the two major barriers in advancements of environmental and clinical microbiology, metagenomics has gained immense traction among healthcare professionals and researchers.
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Product segment review
Based on product, the metagenomics sequencing market is divided into instrument & software and consumable. The consumable segment generated the highest revenue in the global market in 2017 and is expected to maintain this dominance throughout the forecast period. This is attributed to high adoption of consumables in pre-sequencing, which is one of the most important steps in the overall metagenomic sequencing protocol.
Application segment review
Depending on application, the metagenomics market is categorized into infectious disease diagnosis, environmental remediation, gut microbe characterization, biotechnology, biofuel, and agriculture. The gut microbe characterization segment was the highest contributor to the market in 2017, due to increased use of metagenomics for the identification of novel infection-causing microbes and pathogens present in the gut.
Region segment review
Region wise, the metagenomics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2017, accounting for highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to rapid adoption of novel sequencing technologies in this region. However, Asia-Pacific is projected to register the highest growth rate from 2018 to 2025.
The report provides a comprehensive analysis of the leading companies operating in the global market. The key companies profiled in the report are Agilent Technologies, Inc., Enterome SA, F. Hoffmann-La Roche Ltd., Illumina, Inc., Oxford Nanopore Technologies Ltd., Pacific Biosciences of California, Inc., PerkinElmer, Inc., Qiagen N.V., Swift Biosciences, Inc., and Thermo Fisher Scientific, Inc.
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Key Market Benefits for Metagenomics Sequencing Market:
• This report offers a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities.
• The market estimations provided in this report are based on comprehensive analysis of the key developments in the industry.
• In-depth analysis based on geography facilitates in analyzing the regional market to assist in strategic business planning.
• The development strategies adopted by key manufacturers are enlisted in the report to understand the competitive scenario of the market.
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