Selbyville, Delaware: The report is a comprehensive exploration of global Metagenomics market offering growth rates, size of the industry, competitive landscape information, factors to the contributing growth of the global Metagenomics market and more.
Market Research predicts the global metagenomics market to witness a rise in revenue at a CAGR of 15.61% over the forecast period from 2019 to 2027. The market is being driven primarily by the growth in awareness and the development of various platforms and DNA sequencing devices. Also, the expansion of metagenomics applications and the increasing collaboration between metagenomic experiments and computing technologies are adding to further growth in the global metagenomics market.
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Further, the increase in governmental initiatives in developing nations, as well as the developments in next-gen sequencing processes, open up avenues for further market growth. Moreover, certain challenges associated with DNA sequencing processes or techniques and the bioinformatics limitations for carrying out this process are challenging the growth of the metagenomics market.
The market for metagenomics spans across the regions of Latin America, North America, the Asia-Pacific, the Middle East and Africa, and Europe. The market for metagenomics in the Asia-Pacific is expected to grow the fastest globally over the forecast period. High cancer incidence rates, the wide pervasiveness of target diseases, growth in healthcare spending, rising investments & funds and several other emerging applications are primarily driving the market in this region.
China’s pharmaceutical market is one of the largest in the world; in addition, the growing middle-class population, a rapidly aging society and the rising prevalence of cancer present vast opportunities for the further growth of the metagenomics industry. The country is estimated to have the highest rate of growth for the geriatric population in the world. Besides, there has been a rapid increase in healthcare spending. AT present, China accounts for the highest revenue in APAC’s metagenomics market, and is expected to continue its growth over the forecast period.
The top companies that have been studied in the metagenomics market are Qiagen N.V., Integragen SA, Thermo Fisher Scientific, Inc., GenoScreen, Takara Bio, Inc., Novogene Co., Ltd., Oxford Nanopore Technologies, Ltd., Swift Biosciences Inc., Illumina Inc., F. Hoffmann-La Roche Ltd., PerkinElmer, Inc., Pacific Biosciences Of California, Inc., Bio-Rad Laboratories Inc., Enterome SA, and Agilent Technologies Inc.
Thermo Fischer Scientific, Inc. is engaged in the manufacture of scientific instruments, chemicals, and consumables. The company’s specialty diagnostics segment offers dehydrated & prepared culture media, collection & transport systems, instrumentation, and consumables, as well as, products for cancer diagnosis & medical research in histology, cytology, & hematology and human leukocyte antigen typing & testing for organ transplant market. With a global presence in more than 50 countries, the company is a global leader serving the science field. It has a highly skilled and trained workforce of over 52000 employees. In March 2018, Thermo Fisher Scientific completed the acquisition of IntegenX. In the same year in May, it partnered with Spectrum Pharmaceuticals for enhancing its next-generation sequencing capabilities.
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Table Of Content
- Global Metagenomics Market – Summary
- Industry Outlook
- Metagenomics Market Outlook – By Technology
- Metagenomics Market Outlook – By Application
4.1. Gut Microbe Characterization
4.2. Infectious Disease Diagnosis
4.4. Environmental Remediation
- Metagenomics Market Outlook – By Product
- Metagenomics Market – Regional Outlook
- Company Profiles
7.1. Bio-Rad Laboratories, Inc.
7.2. Qiagen N.V.
7.3. Enterome Sa
7.4. Swift Biosciences, Inc.
7.5. F. Hoffmann-La Roche Ltd
7.6. Agilent Technologies, Inc.
7.7. Thermo Fisher Scientific, Inc.
7.8. Illumina, Inc.
7.9. Perkinelmer, Inc.
7.10. Integragen Sa
- Research Methodology & Scope
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