Global Microbiome Sequencing Market Size And Forecast (2020-2026)||Top Players-Cosmosid Inc; Illumina, Inc.; Metabiomics Corp.; Oxford Nanopore Technologies; BaseClear B.V.; BGI; BioMathematica; Charles River

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.

The report also provides Porter analysis, PESTEL analysis and market attractiveness to better understand the macro and micro-level market scenario. It also explicitly provides information on mergers, acquisitions, joint ventures and all other important activities that have taken place in the market in recent years. The Microbiome Sequencing Market report explores the competitive scenario of the manufacturer and provides all major players in this market with market share based on production capacity, sales, revenue, geographical presence and other key factors.
• Key parameters that drive the market and restrict its growth.
• Market share (regional, product, application, end-user) in both volume and revenue, together with CAGR from 2019 to 2026
• Report will help you understand industry research, market size and forecast, market entry strategy, competitive intelligence, price analysis, consumer insights, intelligence, technology for the next generation, etc.

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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

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

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

Microbiome Sequencing Market By Component

Reagents & Kits
Instruments

Microbiome Sequencing Market By Targeted Disease

Gastrointestinal Diseases
Infectious Diseases
CNS Diseases
Oncology
Others

Microbiome Sequencing Market By Application

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

Microbiome Sequencing Market By Research Type

Outsourced
In-House

Microbiome Sequencing Market By End-User

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

Microbiome Sequencing Market By Laboratory Type

Dry Lab
Wet Lab

Microbiome Sequencing Market By Geography

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

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Other important Microbiome Sequencing Market data available in this report:

• Market share and year-over-year growth of key players in promising regions
• Emerging opportunities, competitive landscape, revenue and share of main manufacturers.
• Key performing regions (APAC, EMEA, Americas) along with their sub-regions are detailed in this report.
• Strategic recommendations, forecast & growth areas of the Microbiome Sequencing Market.
• This report discusses the market summary, market scope& gives a brief outline of the Microbiome Sequencing Market
• Challenges for the new entrants, trends & market drivers.
• Competitive developments such as expansions, agreements, new product launches & acquisitions.

Report benefits

Historical and current market size and projection up to 2026.
Competitive landscape
Potential and niche segments/regions exhibiting promising growth
Learn about the market strategies that are being adopted by your competitors and leading organizations
Key parameters which are driving this market and restraining its growth

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