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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Metagenomic Sequencing Market: By Product & Service, By Workflow, By Technology, By End User and Geography
Metagenomic Sequencing Market size was valued at US$ 1,126.2 million in 2023 and is poised to grow at a CAGR of 17.9% from 2024 to 2030. Metagenomic sequencing aids researchers with a complete sample of all genes in organisms which is present in a complex sample. The method permits microbiologists to evaluate bacterial diversity and detect the abundance of microbes in diverse environments. The Market has provided a better benefit for all biotechnology and microbiology field researchers. The metagenomics technique has observed a significant improvement in microbial evolution, ecology, and diversity, and it is frequently carried out in many research laboratories. The benefits of this metagenomic sequencing technique drive the demand in the market.
Furthermore, increasing advancement of laboratories, advanced platforms, and improved genomic tools are some major growth factors that push the market demand over the forecast period Additionally, growing awareness about genetic disorders is driving the market Size. The advanced platforms and improved genomic tools are the key growth factors that will accelerate the market during the forecast period.
The metagenomic Sequencing market might be hindered by the lack of funding. Such as, in some developing countries, academic R&D is frequently dependent on external funding. Despite continuous efforts by governments and private bodies to offer funds for research across the globe, various research and academic institutes face budget restraints regarding the purchase and use of advanced and premium-priced equipment and technologies. Nevertheless, the application of big data technologies and AI for NGS analysis and the management of workflows has significantly increased the yield of NGS runs, and with the continuous technological development of sequencing techniques would expect to expand the market size over the forecasted period.
Study Period
2024-2030Base Year
2023CAGR
17.9%Largest Market
Asia PacificFastest Growing Market
North America
The global market of metagenomic sequencing is driven by continuous technological innovations in sequencers that have empowered the introduction of efficient, portable, and easy-to-use NGS platforms, capable to offers rapid and precise results and improved turnaround times. The launching of such products and technologies provides lucrative opportunities to key players, resulting in prominent players increasingly focusing on R&D to toughen their market positions and shares. For instance, in April 2019, Pacific Biosciences of California, Inc. (US) launched the Sequel II System. The new product lowers the project costs and reduces time approximately by eight times the data output compared to the previous Sequel System.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 1,126.2 million |
Market CAGR |
17.9% |
By Product Type |
|
By Technology |
|
By Application |
|
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Metagenomic sequencing aids researchers with a complete sample of all genes in organisms which is present in a complex sample. The method permits microbiologists to evaluate bacterial diversity and detect the abundance of microbes in diverse environments
The 16S rRNA sequencing segment accounts for a significant market share, and it is expected to register the highest CAGR over the forecast period.
Key players’ profiles in the EGRC market report are Illumina Inc., Thermo Fisher Scientific, QIAGEN, PerkinElmer, Inc., and Oxford Nanopore Technologies Plc., ATC Biotech AG , Enterome Bioscience , SciGenom Labs Pvt. Ltd.
Rising awareness of genetic disorders and the availability of advanced technological platforms.
1. Executive Summary |
2. Global Metagenomic Sequencing Market Introduction |
2.1. Global Metagenomic Sequencing Market Taxonomy |
2.2. Global Metagenomic Sequencing Market Definitions |
2.2.1. By Product & Service |
2.2.2. By Workflow |
2.2.3. By Technology |
2.2.4. By Application |
2.2.5. By Region |
3. Global Metagenomic Sequencing Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Metagenomic Sequencing Market Dynamic Factors - Impact Analysis |
3.6. Global Metagenomic Sequencing Market Competition Landscape |
4. Global Metagenomic Sequencing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Metagenomic Sequencing Market, By Product & Service, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Reagents & Consumables |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Instruments |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Services |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Analysis & Data Interpretation Solutions |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. Global Metagenomic Sequencing Market, By Workflow, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1. Sample Processing & Library Preparation |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Sequencing |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Data Processing & Analysis |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7. Global Metagenomic Sequencing Market, By Technology, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1. Shotgun Metagenomic Sequencing |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. 16S rRNA Sequencing |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Metatranscriptomics |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Whole-genome Sequencing & De Novo Assembly |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global Metagenomic Sequencing Market, By End Users, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. Drug Discovery |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Clinical Diagnostics |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Soil Microbiome Applications |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Industrial Applications |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Ecological and Environmental Applications |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Veterinary Applications |
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.6.3. Market Opportunity Analysis |
8.7. Other Applications |
8.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.7.3. Market Opportunity Analysis |
9. Global Metagenomic Sequencing Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Metagenomic Sequencing Market - Opportunity Analysis Index, By Product & Service, By Workflow, By Technology, By Application, and Region, 2024 - 2030 |
10. North America Metagenomic Sequencing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Product & Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Reagents & Consumables |
10.1.2. Instruments |
10.1.3. Services |
10.1.4. Analysis & Data Interpretation Solutions |
10.2. Workflow Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Sample Processing & Library Preparation |
10.2.2. Sequencing |
10.2.3. Data Processing & Analysis |
10.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Shotgun Metagenomic Sequencing |
10.3.2. 16S rRNA Sequencing |
10.3.3. Metatranscriptomics |
10.3.4. Whole-genome Sequencing & De Novo Assembly |
10.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Drug Discovery |
10.4.2. Clinical Diagnostics |
10.4.3. Soil Microbiome Applications |
10.4.4. Industrial applications |
10.4.5. Ecological and Environmental Applications |
10.4.6. Veterinary Applications |
10.4.7. Other Applications |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America Metagenomic Sequencing Market - Opportunity Analysis Index, By Product & Service, By Workflow, By Technology, By Application, and Country, 2024 - 2030 |
10.7. North America Metagenomic Sequencing Market Dynamics Trends |
11. Europe Metagenomic Sequencing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Product & Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Inspection |
11.1.2. Monitoring |
11.1.3. Volumetric Calculations |
11.1.4. Layout Points |
11.1.5. Others |
11.2. Workflow Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Transportation |
11.2.2. Energy & Power |
11.2.3. Mining & Construction |
11.2.4. Forestry |
11.2.5. Scientific & Geological Research |
11.2.6. Precision Agriculture |
11.2.7. Disaster Management |
11.2.8. Others |
11.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Hardware |
11.3.2. Software |
11.3.3. Services |
11.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Commercial |
11.4.2. Defense |
11.4.3. Service |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Rest of Europe |
11.6. Europe Metagenomic Sequencing Market - Opportunity Analysis Index, By Product & Service, By Workflow, By Technology, By Application, and Country, 2024 - 2030 |
11.7. Europe Metagenomic Sequencing Market Dynamics Trends |
12. Asia-Pacific Metagenomic Sequencing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Product & Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Inspection |
12.1.2. Monitoring |
12.1.3. Volumetric Calculations |
12.1.4. Layout Points |
12.1.5. Others |
12.2. Workflow Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Transportation |
12.2.2. Energy & Power |
12.2.3. Mining & Construction |
12.2.4. Forestry |
12.2.5. Scientific & Geological Research |
12.2.6. Precision Agriculture |
12.2.7. Disaster Management |
12.2.8. Others |
12.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Hardware |
12.3.2. Software |
12.3.3. Services |
12.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Commercial |
12.4.2. Defense |
12.4.3. Service |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. China |
12.5.2. India |
12.5.3. Japan |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Metagenomic Sequencing Market - Opportunity Analysis Index, By Product & Service, By Workflow, By Technology, By Application, and Country, 2024 - 2030 |
12.7. Asia-Pacific Metagenomic Sequencing Market Dynamics Trends |
13. Latin America Metagenomic Sequencing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. Product & Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Inspection |
13.1.2. Monitoring |
13.1.3. Volumetric Calculations |
13.1.4. Layout Points |
13.1.5. Others |
13.2. Workflow Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Transportation |
13.2.2. Energy & Power |
13.2.3. Mining & Construction |
13.2.4. Forestry |
13.2.5. Scientific & Geological Research |
13.2.6. Precision Agriculture |
13.2.7. Disaster Management |
13.2.8. Others |
13.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Hardware |
13.3.2. Software |
13.3.3. Services |
13.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Commercial |
13.4.2. Defense |
13.4.3. Service |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Rest of Latin America |
13.6. Latin America Metagenomic Sequencing Market - Opportunity Analysis Index, By Product & Service, By Workflow, By Technology, By Application, and Country, 2024 - 2030 |
13.7. Latin America Metagenomic Sequencing Market Dynamics Trends |
14. Middle East and Africa Metagenomic Sequencing Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
14.1. Product & Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. Inspection |
14.1.2. Monitoring |
14.1.3. Volumetric Calculations |
14.1.4. Layout Points |
14.1.5. Others |
14.2. Workflow Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.2.1. Transportation |
14.2.2. Energy & Power |
14.2.3. Mining & Construction |
14.2.4. Forestry |
14.2.5. Scientific & Geological Research |
14.2.6. Precision Agriculture |
14.2.7. Disaster Management |
14.2.8. Others |
14.3. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Hardware |
14.3.2. Software |
14.3.3. Services |
14.4. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Commercial |
14.4.2. Defense |
14.4.3. Service |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf CoApplication Council (GCC) Countries |
14.5.2. South Africa |
14.5.3. Rest of MEA |
14.6. MEA Metagenomic Sequencing Market - Opportunity Analysis Index, By Product & Service, By Workflow, By Technology, By Application, and Country, 2024 - 2030 |
14.7. MEA Metagenomic Sequencing Market Dynamics Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Key Products, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. GATC Biotech AG (Germany) |
15.2.2. Enterome Bioscience (France) |
15.2.3. SciGenom Labs Pvt. Ltd. (India) |
15.2.4. Second Genome Therapeutics (U.S.) |
15.2.5. Quest Diagnostics Incorporated (U.S.) |
15.2.6. Freenome Inc. (U.S.) |
15.2.7. GenapSys Inc. (U.S.) |
15.2.8. COSMOSID (U.S.) |
15.2.9. Pacific Biosciences (U.S.) |
15.2.10. Illumina Inc. (U.S.) |
16. Research Methodology |
17. Key Assumptions and Acronyms |
Key Market Players