GlobalMicrobiome Sequencing Services Market is expected to reach $XX Mn by 2026from $XX Mn in 2019, at a CAGR of 9.5% during forecast period.
Global Microbiome Sequencing Services Market Overview:
Microorganisms that thrive on saliva, skin layers,conjunctiva, oral mucosa, and the gastrointestinal system are known as themicrobiome. Microbiome sequencing is the research and analysis of microbegroups found both outside and inside the human body in order to learn moreabout them. Understanding the role and function of bacteria in human health isthe fundamental goal of microbiome research.
Global Microbiome Sequencing Services Market Dynamics:
Rising Focus on Human Microbiome Therapy is the major factordriving the market growth.
Rising use of microbiomes in genomics, proteomics, andmetabolomics, as well as technological advancements in cutting-edge sequencing,increased investment in microbiome research, and the growing interest inunderstanding the role of the microbiome in human health are some of thefactors driving the microbiome sequencing services market. Over the last few years,there has been a considerable increase in the use of the human microbiome fordrug research and development, owing to the on-going demand from researchersfor less expensive and improved technologies for drug development. The humanmicrobiome has a role in determining illness development as well as medicationresponse.
One of the significant microbiome sequencing services markettrends will be the growing demand for extremely precise forensic solutions. Thenumber of forensic cases has increased significantly, resulting in greaterspending on forensic research. In terms of sequencing capabilities, NGStechnologies represent a paradigm change. This knowledge has been applied tobiological studies widely, yielding substantial and astonishing insights intocell molecular biology. However, producing such treatments comes at a highcost, and marketing them requires a large sum of money. In addition, the marketis projected to be constrained by a lack of skilled professionals formicrobiome sequencing services and a lack of awareness among physicians andscientists about advanced data analysis tools.
The report has profiled seventeen key players in the marketfrom different regions. However, report has considered all market leaders,followers and new entrants with investors while analyzing the market andestimation the size of the same. Increasing R&D activities in each regionare different and focus is given on the regional impact on the cost,availability of advanced technology are analyzed and report has come up withrecommendations for future hot spot in APAC region.
Global Microbiome Sequencing Services Market SegmentAnalysis:
The Global Microbiome Sequencing Services Market issegmented on the basis of Technology, Application and End-Users.
Based on Technology, Shotgun sequencing segment is expectedto witness lucrative growth during the forecast period. Shotgun sequencing'sbenefits over other technologies, researchers' and healthcare professionals'increasing use of shotgun metagenomic sequencing, and the growing number ofmetagenomic sequencing-based research activities and investments are allcontributing to this rise.
Based on Application, the Oncology segment is expected to bethe fastest-growing segment during the forecast period. Microbiota, such as gutmicrobiota, appears to have a role in the carcinogenesis of colorectal cancer(CRC), along with hereditary and environmental variables. Wanxin Liu et al.released research in BioMed Research International Journal in 2020 used 16SrRNASequencing to show the function of gut microbiota in CRC in the Chinesepopulation. As a result, there is a growing demand for microbiome sequencingresearch and applications in the field of cancer. Furthermore, as the demandfor these treatments has grown, so has the global incidence of CRC. Accordingto a 2019 estimate from the International Agency for Research on Cancer, thenumber of people diagnosed with colon cancer is predicted to rise from almost1.1 million in 2019 to over 1.5 million in 2020. As a result, all of thesefactors contribute to total market growth.
Global Microbiome Sequencing Services Market
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Global Microbiome Sequencing Services Market RegionalInsights:
Global Microbiome Sequencing Services Market RegionalInsightsNorth America is expected to dominate during forecast period.
The North American region, particularly the United Statescontains the most active genomic research ecosystems, which are sponsored byboth government and industry participants. The US government funds genomicsresearch through a number of government agencies, including the National HumanGenome Research Institute (NHGRI), which promotes human genome sequencing andfunds research into the structure, function, and role of the genome in healthand disease. The market growth is primarily due to factors such as improvingsequencing technology in the region, with the United States is one of the mostactive eco-systems for genomic research. Factors such as government funding andresearch in genomic studies, as well as the availability of commercialsolutions for Next Generation Sequencing data analysis are also boosting themarket growth in the region.
The report also helps in understanding Global MicrobiomeSequencing Services Market dynamics, structure by analyzing the market segmentsand project the Global Microbiome Sequencing Services Market size. Clearrepresentation of competitive analysis of key players by product, price,financial position, product portfolio, growth strategies, and regional presencein the Global Microbiome Sequencing Services Market make the report investor’sguide.
Global Microbiome Sequencing Services Market Scope: Inquirebefore buying
Global Microbiome Sequencing Services Market
Global Microbiome Sequencing Services Market, By Region:
• North America
• Europe
• South America
• MEA
• APAC
Global Microbiome Sequencing Services Market, Key players
• Baseclear
• Clinical-Microbiomics
• Molzym
• Zymo Research
• Rancho Biosciences
• Microbiome Therapeutics
• Microbiome Insights
• Openbiome
• Resphera Biosciences
• Metabiomics
• Ubiome
• Shanghai Realbio Technology
• Diversigen
• Merieux Nutrisciences
• Second Genome
• Molecular Research LP (MR DNA)
• LOCUS BIOSCIENCES, INC
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