Press release
Metagenomics Market is Expected to Grow at USD 6.3 Billion by 2032 | Bio-Rad Laboratories; Illumina, Inc.; PerkinElmer, Inc.; Thermo Fisher Scientific
The global Metagenomics Market was valued at USD 1.6 Billion in 2022 and it is anticipated to grow up to USD 6.3 Billion by 2032, at a CAGR of 14.7% during the forecast period.
Get Access to A Free Sample Copy of Our Latest Report - https://www.globalinsightservices.com/request-sample/GIS10517
Metagenomics comprises studies that use sequencing technologies and bioinformatics tools to obtain useful insights on the diversities in the microbial community and interaction of the microbes in a community. Metagenomic technologies have enabled improved understanding of the microbial ecology and the role of microbiology in the global geochemical cycles through functional metagenomics. In addition, metagenomic studies have allowed researchers to tap into a vast microbial diversity, which was left unaddressed with the conventional microbiology methods.
Market Trends and Drivers
The growth of the global metagenomics sequencing market is majorly driven by growth in demand for drug discovery, clinical diagnostics, and increase in prevalence of genetic disorder. In addition, metagenomic technologies enable the study of microbial communities as entire units without entailing the need of cultivating them. As uncultivability and genomic diversity serve as the two major roadblocks in the advancements of environmental and clinical microbiology, metagenomics has gained immense traction among the healthcare professionals and researchers. The advancement in metagenomics sequencing technologies is projected to increase the growth opportunities for the metagenomics sequencing market.
Report Overview- https://www.globalinsightservices.com/reports/metagenomics-market/
Major Players in the Global Metagenomics Market
The key players in the Metagenomics Market are Bio-Rad Laboratories; Illumina, Inc.; PerkinElmer, Inc.; Thermo Fisher Scientific, Inc.; Novogene Co., Ltd.; Promega Corporation; QIAGEN; Takara Bio, Inc.; Oxford Nanopore Technologies; and F. Hoffmann-La Roche Ltd., among others.
COVID-19 Impact:
The revenue growth strategy is implemented by expanding its offering in infectious diseases across the U.S. Metagenomics played a vital role in developing a vaccination for COVID-19 through sequencing technology. Numerous players extended sequencing programs for efficient monitoring of mutation for supporting the development of effective COVID-19 vaccines. For instance, in December 2021, researchers from the University of Calgary conducted a study on the use of metagenomics workflow in the identification of COVID-19 and its variants. The study concluded that the metagenomics technique can be useful when pathogens emerge. Similarly, in April 2020, the overall COVID-19 vaccination R&D included 115 vaccine candidates. Around 72% of vaccines were developed by private players, while 28% were as developed as collaborative projects led by academic, public sector, and other nonprofit organizations.
Get Customized Report as Per Your Requirement - https://www.globalinsightservices.com/request-customization/GIS10517
However, by February 2022, participation by Latin American and MEA regions impacted the regional growth, owing to increasing biotech startups and rising initiatives by international players to establish a domestic manufacturing facility in the regions to facilitate the supply & distribution.
Global Metagenomics Market Segmentation
By Product
Kits & Reagents
Sequencing & Data Analytics Services
Software
By Technology
Shotgun Sequencing
16S Sequencing
Whole Genome Sequencing
Others
By Application
Environmental
Clinical Diagnostics
Drug Discovery
Biotechnology
Food & Nutrition
Others
Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS10517
With Global Insight Services, you receive:
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
Get Access to A Free Sample Copy of Our Latest Report - https://www.globalinsightservices.com/request-sample/GIS10517
Metagenomics comprises studies that use sequencing technologies and bioinformatics tools to obtain useful insights on the diversities in the microbial community and interaction of the microbes in a community. Metagenomic technologies have enabled improved understanding of the microbial ecology and the role of microbiology in the global geochemical cycles through functional metagenomics. In addition, metagenomic studies have allowed researchers to tap into a vast microbial diversity, which was left unaddressed with the conventional microbiology methods.
Market Trends and Drivers
The growth of the global metagenomics sequencing market is majorly driven by growth in demand for drug discovery, clinical diagnostics, and increase in prevalence of genetic disorder. In addition, metagenomic technologies enable the study of microbial communities as entire units without entailing the need of cultivating them. As uncultivability and genomic diversity serve as the two major roadblocks in the advancements of environmental and clinical microbiology, metagenomics has gained immense traction among the healthcare professionals and researchers. The advancement in metagenomics sequencing technologies is projected to increase the growth opportunities for the metagenomics sequencing market.
Report Overview- https://www.globalinsightservices.com/reports/metagenomics-market/
Major Players in the Global Metagenomics Market
The key players in the Metagenomics Market are Bio-Rad Laboratories; Illumina, Inc.; PerkinElmer, Inc.; Thermo Fisher Scientific, Inc.; Novogene Co., Ltd.; Promega Corporation; QIAGEN; Takara Bio, Inc.; Oxford Nanopore Technologies; and F. Hoffmann-La Roche Ltd., among others.
COVID-19 Impact:
The revenue growth strategy is implemented by expanding its offering in infectious diseases across the U.S. Metagenomics played a vital role in developing a vaccination for COVID-19 through sequencing technology. Numerous players extended sequencing programs for efficient monitoring of mutation for supporting the development of effective COVID-19 vaccines. For instance, in December 2021, researchers from the University of Calgary conducted a study on the use of metagenomics workflow in the identification of COVID-19 and its variants. The study concluded that the metagenomics technique can be useful when pathogens emerge. Similarly, in April 2020, the overall COVID-19 vaccination R&D included 115 vaccine candidates. Around 72% of vaccines were developed by private players, while 28% were as developed as collaborative projects led by academic, public sector, and other nonprofit organizations.
Get Customized Report as Per Your Requirement - https://www.globalinsightservices.com/request-customization/GIS10517
However, by February 2022, participation by Latin American and MEA regions impacted the regional growth, owing to increasing biotech startups and rising initiatives by international players to establish a domestic manufacturing facility in the regions to facilitate the supply & distribution.
Global Metagenomics Market Segmentation
By Product
Kits & Reagents
Sequencing & Data Analytics Services
Software
By Technology
Shotgun Sequencing
16S Sequencing
Whole Genome Sequencing
Others
By Application
Environmental
Clinical Diagnostics
Drug Discovery
Biotechnology
Food & Nutrition
Others
Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS10517
With Global Insight Services, you receive:
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
