Press release
Microbiome Sequencing Services Market Expected to Reach USD 4,654.10 Million by 2034, Growing at a CAGR of 10.8%
Microbiome Sequencing Services Market
Market Overview
Microbiome sequencing is a broad term that circumscribes a suite of techniques used to investigate the genetic substance of microorganisms. This procedure includes deciding the order or sequence of nucleotide bases within the DNA and RNA of bacteria, viruses, and other microbes. It has surfaced as an evolutionary tool in several disciplines involving microbiology, genomics, pathology, diagnostics, and microbiome science.
Microbiome sequencing has radically changed the capacity to recognize, transform, and categorize all kinds of microbes, even unculturable ones, which display a notable section of microbial heterogeneity on Earth. This technology has additionally permitted researchers to reveal the complex interactions within microbial associations and probe the intense impact on ecosystem health and function.
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Major Competitors
Prominent contenders are funding massively in research and development to augment their product lines, which will assist the market to grow even more. Some of the companies that are currently dominating the market are:
• Baseclear B.V.
• Clinical Microbiomics A/S
• Mérieux NutriSciences Corporation
• Metabiomics Corp.
• Microbiome Insights Inc.
• Microbiome Therapeutics, LLC.
• Molzym GmbH & Co. KG
• MR DNA
• Resphera Biosciences, LLC
• Zymo Research Corporation
Microbiome Sequencing Services Market Report Highlights
• By technology, the sequencing by synthesis segment holds the largest share of the microbiome sequencing services market revenue due to its high accuracy, cost efficiency, and widespread adoption in next-generation sequencing (NGS) platforms.
• By application, the gastrointestinal disorders segment holds the largest market share in 2024. This prominence is attributed to the critical role of the gut microbiome in maintaining digestive health and its association with various gastrointestinal diseases.
• By region, North America holds the largest share of the global microbiome sequencing services market, primarily due to its well-established healthcare infrastructure and significant research and development activities in genomics and microbiology.
• The Europe microbiome sequencing services market is experiencing significant growth, driven by the increasing prevalence of genetic disorders and a rising preference for self-medication.
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Market Drivers
Growing Government Initiatives: Government initiatives and associations have been important in pushing the market growth. Identifying the possibility of microbiome research, several governmental organizations have instigated programs to reinforce and finance related projects. For instance, on February 2023, Locus Biosciences announced an extended association with CosmosID to support its clinical trial research. These initiatives have placed the microbiome sequencing services market on a growth trajectory.
Rising Awareness about Human Health: There is a growing identification of the microbiome's important role in human health. Research has showed that microbial communities impact several physiological processes involving digestion, excretion, and even bearing. Disturbances in the microbiome have been connected to several health conditions, such as inflammatory bowel disease, obesity, and mental health illnesses. Rising consumer consciousness has caused a rise in the demand for probiotic development, prebiotics, and dietary supplements that reinforce gut health.
Segmental Analysis
By Technology Outlook (Revenue - USD Million, 2020-2034)
• Sequencing by Synthesis
• Sequencing by Ligation
• Sanger Sequencing
• Others
By Application Outlook (Revenue - USD Million, 2020-2034)
• Autoimmune Disorder
• Cancer
• Gastrointestinal Disorders
• Others
By End Use Outlook (Revenue - USD Million, 2020-2034)
• Pharmaceutical & Biotechnology Companies
• Academic Research Institutes
• Others
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Key Regions
North America holds the largest microbiome sequencing services market share due to its entrenched healthcare framework and notable research and development ventures in genomics and microbiology.
Europe is encountering significant growth due to the growing prevalence of genetic illnesses and a growing inclination for self-medication. Countries such as the UK and Germany are at the vanguard with the existence of prominent industry contenders and elevated consciousness of next-generation sequencing (NGS) technologies.
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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