Press release
Global Function Driven Metagenomics Market IN-Depth Industry Coverage By Product Type & End-Use 2026|Bio-Rad Laboratories, Inc.; Agilent Technologies, Inc.; Promega Corporation; Takara Bio Inc.; IntegraGen
Global Function Driven Metagenomics Market
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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.
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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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
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