Metagenomic Sequencing Market Size Projected To Reach $4.71 Billion By 2034 With A Cagr Of 17.1%

The Metagenomic Sequencing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Metagenomic Sequencing Market?
The metagenomic sequencing market has experienced rapid growth in recent years. It will increase from $2.13 billion in 2024 to $2.5 billion in 2025, at a CAGR of 17.5%. This growth can be attributed to growing government involvement, an increasing number of metagenome sequencing research projects, expanding applications in genomics and diagnostics, availability of research funding, and advancements in NGS data analysis tools.

The metagenomic sequencing market is expected to experience rapid growth in the coming years. It is projected to grow to $4.71 billion by 2029, at a compound annual growth rate (CAGR) of 17.1%. Growth can be attributed to falling computational costs, the rising focus on discovering novel biomolecules, increasing adoption of high-throughput sequencing technologies, demand for personalized medicine, and a surge in infectious diseases. Key trends include innovative technologies, the use of advanced genomic technologies, increased R&D funding, advancements in sequencing technology, and NGS data analysis with big data.

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What Are the Different Metagenomic Sequencing Market Segments?
The metagenomic sequencing market covered in this report is segmented -

1) By Product And Service: Reagents And Consumables, Instruments, Sequencing Services, Analysis And Data Interpretation Solutions
2) By Technology: 16S Rrna Sequencing, Shotgun Metagenomic Sequencing, Whole-Genome Sequencing And De Novo Assembly, Metatranscriptomics
3) By Application: Clinical Diagnostic, Environmental Remediation, Gut Microbe Characterization, Drug Discovery, Biofuel, Agriculture, Other Applications

Subsegments:
1) By Reagents And Consumables: DNA Or RNA Extraction Kits, Library Preparation Kits, Sequencing Kits, PCR And qPCR Reagents, Other Consumables (Buffers, Probes)
2) By Instruments: Next-Generation Sequencers (NGS), Third-Party Sequencers, Microarrays, Real-Time PCR Instruments
3) By Sequencing Services: Whole Genome Sequencing (WGS), 16S rRNA Sequencing, Shotgun Metagenomic Sequencing, Amplicon Sequencing, Metatranscriptomic Sequencing
4) By Analysis And Data Interpretation Solutions: Bioinformatics Software, Cloud-Based Data Analysis Services, Data Storage Solutions, Custom Analysis Tools, Data Interpretation Platforms

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What Are the Primary Drivers Shaping the Metagenomic Sequencing Market?
The increasing prevalence of infectious diseases is expected to propel the growth of the metagenomic sequencing market. Metagenomic sequencing provides valuable insights into the diversity of pathogens, helping to track outbreaks, antimicrobial resistance, and transmission dynamics. The rise in immune-compromised populations due to diseases like HIV/AIDS and cancer treatments is making individuals more vulnerable to infections. According to the Centers for Disease Control and Prevention (CDC), tuberculosis cases in the U.S. increased by 5.9% from 2021 to 2022. This growing prevalence of infectious diseases is fueling the metagenomic sequencing market.

Which Companies Are Leading in the Metagenomic Sequencing Market?
Major companies operating in the metagenomic sequencing market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Merck Co. & KGaA, Eurofins Scientific SE, PerkinElmer Inc., Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Beijing Genomics Institute Group, Azenta Inc., Promega Corporation, Novogene Co. Ltd., Oxford Nanopore Technologies plc, Zymo Research Corporation, Metagenomi Inc., Psamogen Inc., IntegraGen SA, Karius Inc., DNAStar Inc., Macrogen Inc., Takara Bio Inc., Arc Bio LLC, Microsynth AG, Computomics GmbH, COSMOSID Inc., Phase Genomics Inc., Era7 Bioinformatics GmbH

What Trends Are Driving Growth in The Metagenomic Sequencing Market?
Top firms in the metagenomic sequencing market are placing emphasis on the innovation of sequencing services in order to enhance sequencing accuracy, throughput, and cost-effectiveness. Sequencing services denote progressive genomic technologies that facilitate the sequencing of extended DNA fragments, thereby offering a more detailed perspective of genetic structures compared to conventional short-read techniques. To illustrate, in April 2024, Clinical Microbiomics A/S, a biotechnology firm based in Denmark, introduced advanced long-read sequencing services. These include 16S, ITS, 18S rRNA, custom gene sequencing, and comprehensive genomics and metagenomics, delivering unrivalled precision and quality in microbial analysis. This allows for extensive understanding of microbial communities and paves the way for the development of high-quality metagenome-assembled genomes.

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What Are the Top Revenue-Generating Geographies in the Metagenomic Sequencing Market?
North America was the largest region in the metagenomic sequencing market in 2023. Asia-Pacific is expected to be the fastest growing region in the market. The regions covered in the metagenomic sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Metagenomic Sequencing Market?
2. What is the CAGR expected in the Metagenomic Sequencing Market?
3. What Are the Key Innovations Transforming the Metagenomic Sequencing Industry?
4. Which Region Is Leading the Metagenomic Sequencing Market?

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