Microbiome Sequencing Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Shotgun Sequencing, Sequencing by Synthesis (SBS), Sequencing by Ligation (SBL), Targeted Gene Sequencing Others), By Application (Gastrointestinal Diseases, Infectious Diseases, CNS Diseases, Oncology Other), By Research Type (Outsourced Research, Internal Research), By End User (Pharmaceutical and Biotechnology Companies, Academia/Research Institutes, Contract Research organizations) and Region

Microbiome Sequencing Market was valued at US$ 1.71 billion in 2023 and is poised to grow at a 6.7% CAGR from 2024- 2030. The market for microbiome sequencing services is expanding due in large part to the rising demand for Next-Generation Sequencing. For example, next-generation sequencing (NGS) technology has advanced our understanding of the human microbiome by enabling the discovery and characterization of unculturable microbes with function predictions, according to a paper published in the Journal of Clinical Investigation in April 2022. The market for next-generation sequencing services is anticipated to increase at a faster rate because of these innovations. The market for microbiome sequencing services is expected to develop over the forecast period due in part to the global upsurge in genomic research. For example, data on genomic data science updated in April 2022 by the National Human Genome Research Institute of the United States National Institute of Health showed that the amount of genomic data generated is growing annually, ranging from 2 to 40 billion gigabytes, in tandem with the rapid expansion of large-scale collaborations and biomedical research projects.

The market for microbiome sequencing services is expanding because of numerous genomic research R&D initiatives. Additionally, the spike in gut research based on genomics and the increasing demand for Next-generation Sequencing (NGS) are the main factors driving the market expansion. All the bacteria, fungi, viruses, and protists that are present in and on the human body as well as in the environment are collectively referred to as the microbiome. Researchers are employing metagenomics sequencing, which involves the continuous sequencing of genetic information from many organisms, to identify the bacteria that comprise a certain microbiome. Therefore, it is anticipated that the previously mentioned elements—such as the expansion of genomic research, advancements in NGS technology, and the growing innovations made by industry participants—will spur market expansion. The shortage of qualified specialists for NGS data analysis and ethical and legal concerns surrounding genome sequencing, however, are impeding the market's expansion for microbiome sequencing services throughout the projected timeframe.

Microbiome Sequencing Market Key Developments:

• In November 2023, QIAGEN NV introduced the Microbiome WGS (whole-genome sequencing) SeqSets, a full workflow from Sample to Insight that is meant to maximize efficiency and reproducibility in microbiome research while being user-friendly.
• June 2023: Zymo Research launched its full-length 16S sequencing service offering researchers high-quality, full-length 16S rRNA gene sequencing for microbiome analysis.