Lucintel Forecasts Microbiome Sequencing Service Market To Grow At A Cagr Of 19%-21%

By Author: Lucintel LLC
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According to the recent study the microbiome sequencing service market is projected to grow at a CAGR of 19%-21% from 2020 to 2025. Growth in this market is primarily driven by rising focus on human microbiome therapy, growing research activities related to DNA (Deoxyribonucleic Acid) & genomics, and increasing drug development activities.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in microbiome sequencing service market by laboratory type (dry labs and wet labs), research type (outsourced research and internal research), technology (SBS, SBL, pyrosequencing, sanger sequencing, and other technologies), application (shotgun sequencing, targeted gene sequencing, RNA sequencing, whole genome sequencing, and other applications), end user (research & academic institutes, pharmaceutical & biotechnology companies, and others) and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Outsourced research market is expected to remain the largest segment during the forecast period.”
Based on research type, the microbiome sequencing service market is segmented into outsourced research and internal research. Lucintel forecasts that the outsourced research market is expected to remain the largest segment during the forecast period as they are less expensive than internal research.
“Within the microbiome sequencing service market, the shotgun sequencing segment is expected to remain the largest application.”
Based on application, the shotgun sequencing segment is expected to witness the largest segment over the forecast period as it is less expensive and faster than other applications.
“North America will dominate the microbiome sequencing service market in near future”
North America is expected to be the highest growth over the forecast period over the forecast period due to increasing government support for genomic research, recent developments in sequencing technologies, and rising research activities related to cancer & inherited rare diseases in the region.
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Major players of microbiome sequencing service market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Baseclear, Clinical-Microbiomics, Diversigen, Merieux Nutrisciences, Metabiomics, Microbiome Therapeutics, Microbiome Insights, Molzym, MR DNA, and OpenBiome are among the major microbiome sequencing service providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/microbiome-sequencing-service-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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