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Microbiome Sequencing Services Market Key Players, Demands, Size, Share, Demands, Trends, Growth rate, Value and Forecasts to 2028

05-19-2023 03:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

Microbiome Sequencing Services Market

Microbiome Sequencing Services Market

The microbiome sequencing services market is projected to grow from USD 284 million in 2023 to USD 555 million by 2028 at a CAGR of 14.3%. Expanding applications of microbiome sequencing in therapeutics development serves as a key opportunity for the players operating in this market. Microbiome sequencing is expanding its applications beyond research and is increasingly being utilized in therapeutics development, including the study of the skin microbiome and oral microbiome sequencing. These applications have the potential to advance the understanding of the role of microbiota in health and disease and inform the development of targeted interventions for improving skin health and oral health.

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List of Companies Profiled in the Report

Charles River Laboratories (US)
Eurofins Scientific (France)
BGI (China)
CosmosID (US)
Microba (Australia)
QIAGEN (Germany)
Microbiome Insights (Canada)
BaseClear (Netherlands)
CD Genomics (US)
Zymo Research (US)
OraSure Technologies (US)
MR DNA (US)
Eremid Genomic Services (US)
Clinical-Microbiomics A/S (Denmark)
Novogene Co., Ltd. (China)
EzBiome (US)
Boster Biological Technology (US)
Zifo (India)
omics2view.consulting GbR (Germany)
Macrogen, Inc. (South Korea)

The microbiome sequencing services market refers to the global industry involved in providing sequencing and analysis services for the study of the microbiome. The microbiome refers to the collection of microorganisms, including bacteria, fungi, viruses, and other microbes, that reside in and on the human body, as well as in various environments.

Market Size and Growth:
The microbiome sequencing services market has been experiencing significant growth in recent years. The increasing interest in understanding the role of the microbiome in human health and disease has led to a surge in demand for microbiome sequencing services. Additionally, advancements in sequencing technologies and bioinformatics analysis have facilitated the growth of this market.

Key Factors Influencing the Microbiome Sequencing Services Market:

Research on Human Microbiome: There is a growing body of research focused on understanding the human microbiome and its impact on health and disease. Microbiome sequencing services play a crucial role in studying the composition, diversity, and functional potential of the microbiome in different body sites and disease states.

Advancements in Sequencing Technologies: Next-generation sequencing (NGS) technologies have revolutionized the field of microbiome research by enabling high-throughput and cost-effective sequencing of microbial genomes. The continuous advancements in sequencing technologies, such as metagenomic sequencing and 16S rRNA gene sequencing, drive the demand for microbiome sequencing services.

Application in Various Fields: Microbiome research finds applications in diverse fields, including healthcare, pharmaceuticals, agriculture, environmental science, and probiotics. The need to characterize and understand microbial communities in these fields fuels the demand for microbiome sequencing services.

Drug Development and Personalized Medicine: The microbiome has been recognized as a key factor in drug metabolism and response. Microbiome sequencing services are employed in drug development and personalized medicine to assess the impact of drugs on the microbiome and identify potential therapeutic targets.

Bioinformatics and Data Analysis: The interpretation and analysis of microbiome sequencing data require expertise in bioinformatics and computational analysis. Companies providing microbiome sequencing services often offer comprehensive bioinformatics pipelines to extract meaningful insights from the large volumes of sequencing data generated.

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In summary, the microbiome sequencing services market is driven by the increasing research on the human microbiome, advancements in sequencing technologies, and applications in various fields such as healthcare and drug development. The market is highly dependent on bioinformatics and data analysis capabilities to extract meaningful insights from sequencing data. The market comprises specialized service providers, research institutions, and sequencing technology companies.

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