Metagenomics Market Overview, Size & Share, Future Evolution & Forecast till 2027 | Top Key Players : Thermo Fisher Scientific Inc.,F Hoffman-La Roche Ltd.,Oxford Nanopore Technologies Ltd.,Pacific Bioscience of California, Inc.

According to a new market research study titled "Metagenomics Market to 2027 - Global Analysis and Forecasts by Product, Application, and Geography." The global metagenomics market is expected to reach US$ 314.3 Mn in 2027 from US$ 165.8 in 2018. The market is estimated to grow with a CAGR of 7.7% from 2018-2027. The report highlights the trends prevalent in the global metagenomics market and the factors driving the market along with those that act as deterrents to its growth.

Global metagenomics market, based on the product was segmented into instruments and software and consumables. In 2017, the consumables segment held a largest market share of 62.0% of the metagenomics market, by product. This segment is also expected to dominate the market in 2027 owing to extensive research and availability of the consumables by various players. Furthermore, the instruments segment is anticipated to witness the fastest growth rate during the forecast period, 2018 to 2027.

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Company Profiles

o Merck KGaA
o Thermo Fisher Scientific Inc.
o Agilent Technologies
o Qiagen
o Bio-Rad Laboratories, Inc.
o Perkinelmer Inc.
o Illumina Inc.
o F Hoffman-La Roche Ltd.
o Oxford Nanopore Technologies Ltd.
o Pacific Bioscience of California, Inc.

The market is likely to witness a rapid growth owing to factors such as increasing venture capital investments, advantages of metagenomics in biotechnology and industrial applications of metagenomics. Additionally, the market is also likely to be accelerated by potential market in the emerging nations is expected to offer significant growth opportunities to the market players to capitalize and expand its customer base in Asian and Latin American regions. However, high capital costs of metagenomics is anticipated to restrain the market growth.

The metagenomic is the rising and vibrant field that has appropriated the tools used for standard genomics and applied for the study of the entire communities of microbes. This requires no need to isolate and culture the individual microbial species.
The primary aim of the metagenomics is study and identify the genes and metabolic pathways present in the microbial species. The report would be of an interest to various stakeholders operating in the metagenomics market. These stakeholders include metagenomics manufacturers, vendors, and distributors, research institutes and government organizations, venture capitalists and other government funding organizations, research and consulting firms, healthcare institutions and others.

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Reasons to Buy:

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the metagenomics market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the global metagenomics market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

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