Global Function Driven Metagenomics Market Industry Trends And Developments 2019-2026|Leading Players QIAGEN; F. Hoffmann-La Roche Ltd; Novogene Corporation; PerkinElmer Inc.; Arc Bio, LLC; Bio-Rad Laboratories, Inc.; Agilent Technologies

Global function driven metagenomics market is expected to register a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the significant surge in the adoption of next-generation sequencing methods and an increase in the application areas for the same.

Function driven metagenomics market research report acts as a great source of information with which businesses can get a telescopic view of the existing market trends, consumer’s demands and preferences, market situations, opportunities and market status. Moreover, the function driven metagenomics report also comprises of all the key market information including market definition, classifications, key developments, applications, and engagements. It describes thorough study of current situation of the global market along with several market dynamics. Detailing about the actions of key players with respect to product launches, joint ventures, developments, mergers and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values is also conducted in the report.

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Few of the major competitors currently working in the global function driven metagenomics market are Danaher; Merck KGaA; Illumina, Inc.; Thermo Fisher Scientific Inc.; QIAGEN; F. Hoffmann-La Roche Ltd; Novogene Corporation; PerkinElmer Inc.; Arc Bio, LLC; Bio-Rad Laboratories, Inc.; Agilent Technologies, Inc.; Promega Corporation; Takara Bio Inc.; IntegraGen; Zymergen; Pacific Biosciences of California, Inc.; BGI; Eurofins Scientific; Macrogen Inc.; yaazhxenomics.com; CD Genomics; Microsynth AG; GENEWIZ; SciGenom Labs Pvt. Ltd; BaseClear B.V.; Swift Biosciences Inc.; ENTEROME; Aperiomics, Inc.; Second Genome and Cosmosid Inc among others.

Key Developments in the Market:

In June 2019, The 3Rd Open Conference of Functional Metagenomics International was held in Trondheim, Norway from June 16-19, 2019. The conference depicted their discussion topics varying from phylogenetic and functional survey of the environment; tools, methods and the areas of application of functional metagenomics; while also focusing on enzyme and bioactive compound discovery with the help of metagenomics
In January 2018, Zymergen announced that they had acquired Radiant Genomics, which will help bring all of the associated functional metagenomics technologies to Zymergen’s platform. This will help in increasing the capabilities of Zymergen for identification of agriculture, healthcare, chemicals, materials and other verticals. The technology available with Radiant helps researchers and scientists identify the most diverse products encoded inside the genomes of organisms which cannot be produced in labs

Market Drivers

Further advancements of technologies and methods for functional metagenomics is expected to drive the growth of the market
Increasing applications of function-driven metagenomics for understanding gut microbes and genes in humans is expected to augment growth of the market

Market Restraints

Large costs associated with the overall metagenomics system is expected to restrict the adoption of the market
Lack in the availability of infrastructure, instruments and capabilities is also expected to restrict the growth of the market

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Segmentation: Global Function Driven Metagenomics Market

By Product

Kits & Reagents
Library Preparation Kits
Sample Extraction Kits
Metagenomic Sequencing Kits
Sequencing & Data Analytics Services
Instruments
Consumables
Others

By Application

Environmental
Human Health
Infectious Disease Diagnostics
Gut Microbe Characterization
Agriculture
Biotechnology
Biosurfactants & Antibiotics Production
Clinical Diagnostics
Microbial Diversity
Biofuel
Others

By End-Users

Pharmaceutical Industries
Biotechnology Companies
Research Laboratories
Pathology Laboratories
Academic & Research Institutes
Others
Environmental Institutes
Chemical Companies
Others

By Geography

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

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