Global metagenomic sequencing market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand for personalised medicine and precision healthcare. Metagenomic sequencing enables researchers and clinicians to analyse the genetic material of complex microbial communities within the human body, environmental samples, or other ecosystems that provide valuable insights into the diversity and functions of microorganisms, facilitating the development of targeted therapies, diagnostics, and interventions tailored to individual patients or specific environmental conditions.
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Looking towards the rising sequencing demand, in September 2021, Thermo Fisher Scientific, Inc., based in the US, collaborated with AstraZeneca, headquartered in the UK, to jointly develop a next-generation sequencing (NGS)-based companion diagnostic. The partnership’s focus was on commercializing NGS-based diagnostics within the Russian market.
Additionally, in February 2021, PacBio, a company specializing in genomic sequencing technology, announced that Children’s Mercy Kansas City expanded its investment in highly accurate HiFi sequencing with the addition of four new Sequel IIe Systems, complementing its existing two Sequel IIe Systems.
Global Metagenomic Sequencing Market Report Segment
By Type
- Drug Discovery
- Clinical Diagnostic
- Soil Microbiome
- Industrial Applications
- Ecological and Environmental
- Veterinary
By Product & Service
- Reagents and Consumables
- Instruments
- Sequencing Services
- Analysis and Data Interpretation Solutions
By Technology
- 16s Rna Sequencing
- Shotgun Metagenomic Sequencing
- Whole-Genome Sequencing and De Novo Assembly
- Metatranscriptomics
By Workflow
- Sample Preparation
- Sequencing
- Data Processing and Analysis
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Metagenomic Sequencing Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- 10x Genomics, Inc.
- Agilent Technologies, Inc.
- Arc Bio, LLC
- Azenta US, Inc.
- BaseClear BV
- Bio-Rad Laboratories, Inc. (Bio-Rad’s)
- Computomics GmbH
- CosmosID
- DNASTAR
- Eurofins Genomics
- Eurofins Scientific
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