Microbiome sequencing is used to study microflora of human with the goal of understanding human microbes and role played by them in health and disease. Global microbiome sequencing services market value is projected to be $684.5 Million in 2017 and is expected to generate revenue of around $1654.2 Million by the end of 2024, growing at a CAGR of around 21.5% between 2019 and 2024. Rise in demand for NGS services and increased focus on human microbiome therapy are the factors enhancing growth of the market. Lack of expertise and detailed research and government regulations are the factors which hampers the market growth. Increasing collaborations create growth opportunities and investigational new drug (IND) requirements for faecal microbiota are the opportunities for microbiome sequencing services market.
Research Study Objectives:
- Define, estimate, and forecast the microbiome sequencing services market statistics by research type, laboratory type, technology, application, end user and regions concerning the individual growth drivers, market trends and their contribution toward the microbiome sequencing services market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific, South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the microbiome sequencing services market analysis report.
- Analysis and conclusions on the future microbiome sequencing services market outlook.
Top-down and bottom-up approaches are used to validate the microbiome sequencing services market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals
and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The microbiome sequencing services market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the microbiome sequencing services market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The microbiome sequencing services market segmentation is as follows:
By Technology
- Sequencing by synthesis (SBS)
- Sequencing by ligation (SBL)
- Pyrosequencing
- Sanger sequencing
- Other technologies
By Application
- Shotgun sequencing
- Targeted gene sequencing
- RNA sequencing
- Whole genome sequencing
- Other applications
By Research Type
By Laboratory Type
By End User
- Pharmaceutical and biotechnology companies
- Academia/research institutes
Geographical Analysis:
Microbiome sequencing services market is segmented by geography into North America, South America, Europe, Asia Pacific and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. The Asia Pacific is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and
many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the microbiome sequencing services market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Microbiome Sequencing Services Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant microbiome sequencing services market players, such as
- EPIBIOME
- Microbiome Insights Inc.
- Ge Healthcare.
- Shanghai Real Bio Technology Co., Ltd.
- Open Biome.
- Along with these companies, many other companies are considered in the report while analysing the global microbiome sequencing services competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.