Discover trends, market shifts, and competitive outlooks for the metagenomics industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Estimated Market Size of the Metagenomics Market In 2029?

The dimensions of the metagenomics market has escalated swiftly in the past few years. It’s projected to expand from a scale of $2.01 billion in 2024 to $2.32 billion in 2025, with a compound annual growth rate (CAGR) of 15.4%. This surge during the historic period is credited to progresses in microbiome research, studies related to disease associations, requirements for environmental surveillance, applications in agriculture and food sectors, as well as biotechnology and industrial processes.

The dimension of the metagenomics market is anticipated to experience a swift expansion in the forthcoming years. The predicted growth will take it to “$4 billion by the year 2029 with a compound annual growth rate (CAGR) of 14.7%. The prediction period’s growth can be credited to factors like the joining of precision medicine, comprehension of microbial ecology, the implementation of one health initiatives, bioprospecting and drug discovery, along with diagnostic and therapeutic inventions. The key trends expected during the forecast period are improvements in sequencing technology, merger of artificial intelligence and machine learning, single-cell metagenomics, standardization of metagenomic data, and the focus on consumer wellness and personalized nutrition.

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Which Major Market Drivers Are Expected to Boost the Growth Potential of the Metagenomics Market?

The metagenomics market’s expansion is being significantly driven by the increasing occurrence of infectious diseases. Infectious diseases, also known as communicable diseases, are illnesses brought on by harmful microorganisms such as bacteria, viruses, fungi, and parasites, which can be transferred between individuals or through various other transmission methods. Metagenomics is utilized to study these diseases by examining the genetic matter of microbial communities. It provides a thorough analysis of the microbial communities linked to infectious agents, offering knowledge about their makeup, genetic diversity, and potential interactions. For example, a report by the UK Health Security Agency, a UK-based government body, indicated in February 2024 that tuberculosis (TB) cases in England had risen by 10.7% in 2023, with 4,850 cases reported as opposed to 4,380 in 2022. Hence, the escalating incidence of infectious diseases is fuelling the growth of the metagenomics market.

Which Key Market Segments Comprise the Metagenomics Market and Drive Its Revenue Growth?

The metagenomics market covered in this report is segmented –

1) By Product: Instruments, Kits And Reagents, Software And Services

2) By Workflow: Sequencing, Pre-Sequencing, Data Analysis

3) By Application: Environmental, Clinical Diagnostics, Drug Discovery, Biotechnology, Food And Nutrition, Other Applications

4) By End User: Pharmaceutical Industries, Research Laboratories, Biotechnology Companies, Pathology Laboratories, Academic And Research Institutes

Subsegments:

1) By Instruments: DNA Sequencers, PCR Machines, Microarray Systems, Mass Spectrometers

2) By Kits And Reagents: DNA Extraction Kits, Library Preparation Kits, Amplification Kits, Sequencing Reagents

3) By Software And Services: Data Analysis Software, Bioinformatics Services, Cloud-Based Data Storage, Consultation Services

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Which Areas Are Leading Regions in the Metagenomics Market Expansion Across the Globe?

North America was the largest region in the global metagenomics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the metagenomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Key Market Trends in theMetagenomics Market Over the Coming Years?

The metagenomics market is witnessing a surge in popularity due to advancements in technology. The key players in this market are striving to retain their market position by adopting novel genomics technologies to refine their observation capacity. In May 2023, for example, the US-based genomics services firm, CD Genomics, rolled out its Long-Read Metagenomic Sequencing service. This cutting-edge technology arms researchers and scientists with the tools to decode the intricacies of microbial communities with unparalleled precision and depth. They can usher in a new age of metagenomics research by leveraging CD Genomics’ innovative technology and genomic expertise. The notable features of this method include enhanced resolution, species identification, functional annotation, and comparative analysis. This revolutionary technique is poised to transform metagenomics research by yielding insights into microbial communities that were previously beyond reach.

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How Is the Metagenomics Market Conceptually Defined?

Metagenomics refers to a field of scientific research that involves the study of genetic material (DNA or RNA) obtained directly from environmental samples or complex microbial communities. It focuses on analyzing the collective genomic information present in a sample rather than isolating and studying individual organisms.

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