The latest and updated research report on the Global Microbiome Sequencing Services Market covers a comprehensive overview of the Microbiome Sequencing Services market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the Microbiome Sequencing Services market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.Pharmaceutical and biotechnology segment revenue to expand at a rapid revenue CAGR over the forecast period owing increasing use of Sanger sequencing to identify and detect genetic diseases, increasing number of genomics projects, and rising investment and funding to accelerate genomics research.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.Biomarkers and cancer segment is expected to account for largest revenue share over the forecast period owing to increasing need for sequencing in oncology research due to rising global incidence of cancer and rising application of Sanger sequencing for identification and screening of cancer biomarkers and understanding carcinogen.
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Rapid advancement in sequencing methods, increasing application of Sanger sequencing in molecular biology techniques, and rising funding to accelerate genomics and molecular biology research activities are key factors driving market growth
Sanger sequencing technique is an important tool in molecular biology experiments to determine the correct sequence of DNA molecule. Sanger sequencing leverages a selective integration of chain-termination deoxyribonucleotides during DNA replication process performed in laboratory controlled settings. Sanger sequencing technology has been the most widely used sequencing techniques for decades and can read sequences greater than 500 nucleotides. The longer sequence reads in Sanger sequencing has numerous benefits as compared to other sequencing methods in terms of sequencing of the repeating nucleotides in the genome. Sanger sequencing services offers robust standardized bioinformatics analysis to provide high-quality and accurate results.
Asia Pacific market revenue is expected to expand at a robust revenue CAGR over the forecast period attributed to increasing investment and funding to boost RD activities, rising incidence of genetic diseases and cancer, availability of advanced research facilities, and growing opportunities in the region.
Key companies in the market include Source BioScience, GenScript Biotech Corporation, Thermo Fisher Scientific, Inc., LGC Science Group Limited, Fasteris SA, ceMIA SA, Quintara Biosciences, GenHunter Corporation, GENEWIZ, Inc., Nucleics, SciGenom Labs Pvt. Ltd.,and Microsynth A.G. Inc.
In May 2021, genome sequencing service provider Macrogen Europe announced it had further boosted its next-generation sequencing capacity with the installation of an additional Illumina NovaSeq 6000 high-throughput sequencing system. The addition of this sequencing system to the broad portfolio of Macrogen Europe’s NGS and Sanger Sequencing services comes amid a growing demand for biomarker and drug discovery applications in immunology, oncology, and metagenomics.
Microbiome Sequencing Services Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the Microbiome Sequencing Services
Key companies in the market offer high throughput options in cost-effective prices, experienced teams of analysts, faster turnaround time, and state-of-the-art equipment to accelerate genomics research. Availability of services that simplify workflows, advanced assay kits, and comprehensive suite of bioinformatics have further contributed to the revenue growth of the market. However, lack of skilled professionals and unavailability of standardized protocols for analysis are some factors expected to restrain market growth over the forecast period.
The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. For the purpose of this report, Emergen Research has segmented the global Sanger sequencing services market on the basis of application, end-use, and region:
Application Outlook (Revenue, USD Billion; 2018-2028)
Diagnostics
Biomarkers Cancer
Reproductive Health
Personalized Medicine
Forensics
Others
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Academic Research Institutes
Pharmaceutical Biotechnology Companies
Hospitals Clinics
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Highlights of the TOC:
1. Report Overview
1.1 Research Scope
1.2 Key Microbiome Sequencing Services market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Microbiome Sequencing Services market size
2.2 Latest Microbiome Sequencing Services market trends
2.3 Key growth trends
3. Competitive Landscape
3.1 Global Microbiome Sequencing Services market key players
3.2 Global Microbiome Sequencing Services size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Microbiome Sequencing Services market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
Regional Overview:
The global Microbiome Sequencing Services market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Microbiome Sequencing Services market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Elucidating the competitive landscape of the Global Microbiome Sequencing Services Market:
The global Microbiome Sequencing Services market report offers viable insights into the competitive spectrum of the Microbiome Sequencing Services business sphere.
The report systematically profiles the company information of each market player.
It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
The study showcases the extensive product portfolios of the prominent market contenders.
It offers critical data information about the product application scope and the end-user landscape.
The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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