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Microbiome Sequencing Services Market Value to Grow USD 555 million by 2028 | Global Key Players, Demands, Trends, Share and Forecasts 2023-2028

05-18-2023 05:34 PM CET | Business, Economy, Finances, Banking & Insurance

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Microbiome Sequencing Services Market

Microbiome Sequencing Services Market

The microbiome sequencing services market is projected to grow from USD 284 million in 2023 to USD 555 million by 2028 at a CAGR of 14.3%. Expanding applications of microbiome sequencing in therapeutics development serves as a key opportunity for the players operating in this market. Microbiome sequencing is expanding its applications beyond research and is increasingly being utilized in therapeutics development, including the study of the skin microbiome and oral microbiome sequencing. These applications have the potential to advance the understanding of the role of microbiota in health and disease and inform the development of targeted interventions for improving skin health and oral health.

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List of Companies Profiled in the Report

Charles River Laboratories (US)
Eurofins Scientific (France)
BGI (China)
CosmosID (US)
Microba (Australia)
QIAGEN (Germany)
Microbiome Insights (Canada)
BaseClear (Netherlands)
CD Genomics (US)
Zymo Research (US)
OraSure Technologies (US)
MR DNA (US)
Eremid Genomic Services (US)
Clinical-Microbiomics A/S (Denmark)
Novogene Co., Ltd. (China)
EzBiome (US)
Boster Biological Technology (US)
Zifo (India)
omics2view.consulting GbR (Germany)
Macrogen, Inc. (South Korea)

The microbiome sequencing services market refers to the industry involved in providing sequencing and analysis services for studying the microbiome, which is the collection of microorganisms (bacteria, viruses, fungi, etc.) that reside in and on the human body, as well as in various environmental samples. Microbiome sequencing services play a crucial role in understanding the composition, diversity, and functional potential of microbial communities.

Key aspects of the microbiome sequencing services market include:

Services Offered:

Whole Genome Sequencing (WGS): WGS involves sequencing the entire DNA of microbial communities to obtain comprehensive insights into their genetic makeup and functional potential.
16S rRNA Sequencing: 16S rRNA sequencing targets a specific region of the bacterial genome to identify and characterize microbial communities based on their taxonomic composition.
Metagenomics: Metagenomics involves studying the collective genetic material of microbial communities to gain insights into their functional capabilities and interactions.
Metatranscriptomics: Metatranscriptomics focuses on sequencing and analyzing the RNA transcripts expressed by microbial communities, providing insights into their active metabolic processes.
Shotgun Sequencing: Shotgun sequencing involves randomly sequencing DNA fragments from a microbial sample to obtain a comprehensive view of the genetic content of the microbial community.

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Applications:

Human Microbiome Research: Microbiome sequencing services are widely used in research studies exploring the role of the human microbiome in health and disease, including areas such as gut health, immune function, and personalized medicine.
Agriculture and Environmental Studies: Microbiome sequencing services are employed to study the microbial communities associated with soil, plants, animals, and other environmental samples to understand their impact on agriculture, ecosystems, and sustainability.
Pharmaceutical and Biotechnology Research: Microbiome sequencing plays a crucial role in drug discovery, development, and clinical trials by providing insights into the effects of microbial communities on drug metabolism, efficacy, and safety.
Animal Health and Veterinary Research: Microbiome sequencing services are utilized to study the microbial communities in animals to understand their impact on animal health, nutrition, and disease.

Market Dynamics:

Increasing Research and Funding: The growing interest in microbiome research and the availability of research funding contribute to the demand for microbiome sequencing services.
Technological Advancements: Ongoing advancements in sequencing technologies, bioinformatics tools, and data analysis algorithms enhance the accuracy, efficiency, and cost-effectiveness of microbiome sequencing services.
Rising Awareness and Adoption: The recognition of the significant role of the microbiome in human and environmental health drives the adoption of microbiome sequencing services across various industries.
Collaborations and Partnerships: Collaboration between sequencing service providers, research institutions, and biotech companies enables the exchange of expertise, resources, and data to further advance microbiome research.
Prominent players in the microbiome sequencing services market include specialized sequencing service providers, genomics companies, and research institutions. These entities offer a range of services and often provide comprehensive solutions, including sample collection, library preparation, sequencing, data analysis, and interpretation.

The microbiome sequencing services market is expected to witness significant growth as the understanding of the microbiome's impact on human health, agriculture, and the environment continues to expand. Technological advancements, increasing research collaborations, and the availability of funding for microbiome research further contribute to market expansion.

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It's important to note that the field of microbiome research is still evolving, and there are ongoing efforts to standardize methodologies, develop robust bioinformatics pipelines, and address challenges related to sample collection, data analysis, and interpretation. The market trends and dynamics may change over time as new discoveries are made and research techniques advance. Therefore, referring to the latest market reports and consulting with industry experts is recommended for up-to.

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