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Worldwide Metagenomics Market Analysis & Outlook to 2024 by Product, Technology and Application - ResearchAndMarkets.com

January 16, 2019

DUBLIN--(BUSINESS WIRE)--Jan 16, 2019--The “Metagenomics Market by Product, Technology and Application - Global Opportunity Analysis and Industry Forecast, 2017-2024” report has been added to ResearchAndMarkets.com’s offering.

The global metagenomics market was valued at $176 million in 2017 and is expected to reach $523 million by 2024 at a CAGR of 16.8% during the forecast period. The bioinformatics segment accounted for one-fifth of the total market share in 2017.

As non-cultivability and genomic diversity serve as the two major roadblocks in the advancements of environmental and clinical microbiology, metagenomics has gained immense traction among healthcare professionals and researchers.

In addition, rise in technological advancements regarding DNA sequencing is anticipated to drive the demand for metagenomic studies across the globe. Advancements in the same are highly focused towards the development of DNA sequencing platforms. Moreover, considerable expansion of metagenomic applications over the years has supplemented the market growth.

Select Findings

The sequencing segment accounted for four-fifths of the total market share in 2017. The environmental remediation segment registered the second-highest growth rate among applications with a CAGR of 17.4% from 2018 to 2024. North America dominated the global metagenomics market, accounting for the maximum share in 2017, and is expected to retain the same trend during the forecast period. India has registered the highest growth rate in the Asia-Pacific metagenomics market with a CAGR of 19.7% during the forecast period. Germany accounted for two-sevenths of the total share in the European metagenomics market in 2017.

Key Players

Agilent Technologies Enterome F. Hoffmann-La Roche Illumina Oxford Nanopore Technologies Pacific Biosciences of California PerkinElmer Qiagen Swift Biosciences Thermo Fisher Scientific

Other Players

Siemens ZS Genetics Abbott Laboratories Beckman Coulter LI-COR Genomatix Beijing Genomics Institute Pieriandx

Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Metagenomics Market, by Technology

Chapter 5: Metagenomics Market, by Product

Chapter 6: Metagenomics Market, by Application

Chapter 7: Metagenomics Market, by Region

Chapter 8: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/wq52fk/worldwide?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190116005424/en/

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Related Topics:Genomics

KEYWORD:

INDUSTRY KEYWORD: HEALTH GENETICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/16/2019 07:58 AM/DISC: 01/16/2019 07:58 AM

http://www.businesswire.com/news/home/20190116005424/en

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