Metagenomics Market Projected to Garner Significant Revenues by 2028

A detailed analysis on ‘Metagenomics Market’, by Persistence Market Research, offers in-depth insights on current trends influencing the market growth. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research study to bring key insights and forecasts to the fore. In addition, this research offers a detailed competitive analysis with information on the differential product and business strategies of key players in the Metagenomics Market.

Increasing Awareness Regarding Genetic Disorders

There is an increase in the awareness regarding genetic disorders, which is expected to boost the growth of the metagenomics market. Clinical diagnostics is the most important application area, where metagenomics plays an important role. For example, in India, the occurrence of genetic disorders has increased. The American region is expected to hold large share of the global metagenomics sequencing market owing to the rising genetic abnormalities and diseases, governmental support for the research and development in genetics, and presence of sophisticated infrastructure.

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Introduction of New Genome Projects

Introduction of various new genome projects allow the researchers to make a new database for various research and developmental activities. Development of other genomic programs are also expected to increase the revenue of the metagenomics market. Many western countries are developing their own programs in the metagenomics market. For example, Australia is currently working on a four year 100000 genome project, which will sequence the patients with rare diseases and cancer.

Segmentation

The report offers a comprehensive taxonomy of metagenomics market based on product type, applications, end users and region. There are three types of kits which are majorly used in the metagenomics market. These kits are library preparation kits, sample extraction kits and metagenomics sequencing kits. The library preparation kits involve the preparation of nucleic acids targets using a series of enzymatic reactions.

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Competitive Landscape

Examples of some of the key players featured in this report include Illumina Inc, Thermo Fisher Scientific, Trivitron Healthcare, Qiagen, Symbio Scientific Pvt Ltd., Infobio, Bio-Rad laboratories, Merck KgaA, Promega Corporation, and Perkin Elmer Inc.