Microbiome Sequencing Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Microbiome Sequencing Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4357
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Market Overview:

The global microbiome sequencing services market size reached US$ 1,846.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 5,568.4 Million by 2028, exhibiting a growth rate (CAGR) of 20% during 2023-2028.

Microbiome sequencing services help determine the function of the microbiome in human health and disease pathogenesis using next-generation sequencing (NGS) instruments. These services provide comprehensive bioinformatics and statistical analyses in a user-friendly and interactive report. They also offer faster and more accurate classification as compared to traditional identification methods like cloning and culturing. They mainly include functional profiling, clustering heatmap, alpha-diversity, beta-diversity, LEfSe biomarker discovery, and taxa, antibiotics resistance gene and virulence factor identification. At present, microbiome sequencing services are gaining traction across the globe.

Microbiome Sequencing Services Market Trends:

The burgeoning pharmaceutical sector represents one of the key factors strengthening the market growth. Apart from this, there is a considerable rise in the prevalence of colorectal cancer (CRC) on account of the growing number of individuals with inflammatory intestinal conditions, the increasing geriatric population, and the rising consumption of low fiber and high-fat diets. As a result, the demand for early disease detection and diagnosis is escalating around the world. This, coupled with the wide applications of microbiome sequencing services in academia and research institutes for protein and small molecule analysis, is positively influencing the market. Furthermore, leading market players are utilizing advanced technologies, including engineered organoids derived from human stem cells, high-throughput culturing, and micro fluids that assist in improving the efficiency and quality of microbiome research. They are also focusing on customizing gut microbial consortia to develop advanced individualized medicine. Besides this, due to the faster and cost-effective sequencing platforms and data analysis pipelines, microbiome content is widely being used as a biomarker for different diseases. Other major factors, including increasing genomic research and rising healthcare expenditure, are anticipated to stimulate the market growth. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global microbiome sequencing services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technology, research type, laboratory type, application and end user.

Breakup by Technology:

  • Sequencing by Synthesis (SBS)
  • Sequencing by Ligation (SBL)
  • Pyrosequencing
  • Sanger Sequencing
  • Others
     

Breakup by Research Type:

  • Outsourced Research
  • Internal Research
     

Breakup by Laboratory Type:

  • Dry Labs
  • Wet Labs
     

Breakup by Application:

  • Shotgun Sequencing
  • Targeted Gene Sequencing
  • RNA Sequencing
  • Whole Genome Sequencing
  • Others
     

Breakup by End User:

  • Pharmaceutical and Biotechnology Companies
  • Research and Academic Institutes
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BaseClear B.V., Clinical-Microbiomics A/S, Diversigen Inc (OraSure Technologies Inc.), Mérieux NutriSciences, Metabiomics Corporation (BioSpherex LLC), Microbiome Insights Inc., Microbiome Therapeutics LLC, Molecular Research LP, Molzym GmbH & Co. KG, Resphera Biosciences LLC, Shanghai Realbio Technology (RBT) Co. Ltd. and Zymo Research Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
 Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Million
Segment Coverage Technology, Research Type, Laboratory Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BaseClear B.V., Clinical-Microbiomics A/S, Diversigen Inc (OraSure Technologies Inc.), Mérieux NutriSciences, Metabiomics Corporation (BioSpherex LLC), Microbiome Insights Inc., Microbiome Therapeutics LLC, Molecular Research LP, Molzym GmbH & Co. KG, Resphera Biosciences LLC, Shanghai Realbio Technology (RBT) Co. Ltd. and Zymo Research Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global microbiome sequencing services market was valued at US$ 1,846.3 Million in 2022.

We expect the global microbiome sequencing services market to exhibit a CAGR of 20% during 2023-2028.

The growing applications of microbiome sequencing services in academic and research institutes for protein and small molecule analysis, are primarily driving the global microbiome sequencing services market.

The sudden outbreak of the COVID-19 pandemic had led to the growing adoption of next-generation sequencing techniques for the development of test kits and vaccinations to combat the risk of the coronavirus infection, thereby positively influencing the market growth.

Based on the technology, the global microbiome sequencing services market can be segmented into Sequencing by Synthesis (SBS), Sequencing by Ligation (SBL), pyrosequencing, sanger sequencing, and others. Currently, Sequencing by Synthesis (SBS) holds the majority of the total market share.

Based on the research type, the global microbiome sequencing services market has been divided into outsourced research and internal research, where outsourced research currently exhibits a clear dominance in the market.

Based on the laboratory type, the global microbiome sequencing services market can be categorized into dry labs and wet labs. Currently, wet labs account for the majority of the global market share.

Based on the application, the global microbiome sequencing services market has been segregated into shotgun sequencing, targeted gene sequencing, RNA sequencing, whole genome sequencing, and others. Among these, shotgun sequencing currently exhibits a clear dominance in the market.

Based on the end user, the global microbiome sequencing services market can be bifurcated into pharmaceutical and biotechnology companies, research and academic institutes, and others. Currently, pharmaceutical and biotechnology companies hold the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global microbiome sequencing services market include BaseClear B.V., Clinical-Microbiomics A/S, Diversigen Inc (OraSure Technologies Inc.), Mérieux NutriSciences, Metabiomics Corporation (BioSpherex LLC), Microbiome Insights Inc., Microbiome Therapeutics LLC, Molecular Research LP, Molzym GmbH & Co. KG, Resphera Biosciences LLC, Shanghai Realbio Technology (RBT) Co. Ltd., and Zymo Research Corporation.

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Microbiome Sequencing Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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