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Metagenomics Market Anticipated to Reach $2.32 Billion in 2025 and $4 Billion in 2029: In-Depth Analysis on Market Size, CAGR, Key Drivers, and Trends
Metagenomics Global Market Report 2025
What Is The Projected Market Size Of The Global Metagenomics Market And Its Growth Rate?
The global metagenomics market has witnessed significant growth in recent years. Key market statistics include:
- The market size grew from $2.01 billion in 2024 to an estimated $2.32 billion in 2025.
- This represents a compound annual growth rate (CAGR) of 15.4%.
- The market is predicted to reach $4 billion in 2029, growing at a CAGR of 14.7%.
What Is Driving The Growth In The Metagenomics Market?
The rise in the incidence of infectious diseases is significantly contributing to the growth of the metagenomics market. Infectious diseases, also known as transmissible diseases, refer to illnesses caused by pathogenic microorganisms, including bacteria, viruses, fungi, and parasites, and can be transmitted between individuals or through various modes of transmission. Metagenomics offers a means to study infectious diseases by examining the genetic material of associated microbial communities, providing insights into their composition, genetic diversity, and possible interactions. For instance, in February 2024, a report published by the UK Health Security Agency indicated a 10.7% increase in Tuberculosis (TB) cases in England in 2023, with 4,850 cases reported compared to 4,380 in 2022. This increasing prevalence of infectious diseases is a key driver for the growth of the metagenomics market.
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Who Are the Key Players Driving Metagenomics Market Growth?
The key players operating in the metagenomics market include:
- Illumina Inc.
- Promega Corporation
- Qiagen N.V.
- Thermo Fisher Scientific Inc.
- Perkin Elmer Inc.
- Bio-Rad Laboratories Inc.
- F. Hoffmann-La Roche Ltd.
- Novogene Co. Ltd.
- Oxford Nanopore Technologies Limited
- BGI Group
- Eurofins Scientific SE
- Arc Bio LLC
- Computomics GmbH
- Enterome Bioscience
- TAKARA BIO INC.
- Danaher Corporation
- ELITechGroup
- Metagenomi
- Cosmosid Inc.
- Pattern Ag
- Tiny Health
- MATIS OHF
- Adapsyn Bioscience
- Precidiag Inc.
- One Codex Inc.
- MetaBi Inc.
- Zymo Research Corporation
- Bluebee Holding BV
- Maverix Biomics Inc.
- Lucigen Corporation
What Are The Key Trends In The Metagenomics Market?
The forecast period for the metagenomics market is expected to see the following trends:
- Technological advancements in sequencing
- Integration of artificial intelligence and machine learning
- Development of single-cell metagenomics
- Standardization of metagenomic data
- Growth in consumer wellness and personalized nutrition
What Are The Segments Of The Global Metagenomics Market?
The metagenomics market is segmented by:
- Product: Instruments, Kits And Reagents, Software And Services
- Workflow: Sequencing, Pre-Sequencing, Data Analysis
- Application: Environmental, Clinical Diagnostics, Drug Discovery, Biotechnology, Food And Nutrition, Other Applications
- End User: Pharmaceutical Industries, Research Laboratories, Biotechnology Companies, Pathology Laboratories, Academic And Research Institutes
Which Region Leads The Metagenomics Market?
North America held the largest share of the global metagenomics market in 2024. However, Asia-Pacific is expected to witness the fastest growth in the forecast period. The regions covered in the metagenomics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Metagenomics Global Market Report?
- Market Size Analysis: Analyze the Metagenomics market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Metagenomics market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Metagenomics market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Metagenomics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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