Resources
About Us
Metagenomics Market Size, Share, Forecast & Trends Analysis by Offering (Consumable, Instruments, Software), Technology (16S, Shotgun, Whole Genome Sequencing Microbial Sequencing), Application (Environmental, Clinical, Drug Discovery) – Forecast to 2031
Report ID: MRHC - 1041444 Pages: 154 Jan-2025 Formats*: PDF Category: Healthcare Delivery: 2 to 4 Hours Download Free Sample ReportThe growth of the Metagenomics Market is primarily driven by decreasing sequencing cost, increasing focus on Agri genomics, expansion of F&B industry, and surge in genome mapping programs. Furthermore, rising adoption of bioinformatics and genomic data management solutions and government initiatives supporting large-scale genomic sequencing projects are expected to generate growth opportunities for the stakeholders in this Market.
As the demand for high-throughput, large-scale genomic sequencing grows, automation plays a crucial role in enhancing the efficiency, accuracy, and scalability of genomic research. Automation streamlines various aspects of the sequencing process, including sample preparation, DNA extraction, library preparation, and data analysis. By reducing the need for manual intervention, automation minimizes human error, ensures consistency across experiments, and accelerates the turnaround time for sequencing projects.
This trend is particularly impactful in metagenomics, where the analysis of complex microbial communities requires processing a large volume of samples with high precision. Automated sequencing platforms, such as those developed by Illumina, Thermo Fisher, and other key players, can handle high-throughput sequencing at a faster pace and with lower operational costs. Moreover, integration with artificial intelligence (AI) and machine learning (ML) algorithms allows for enhanced data interpretation and better decision-making, improving overall research outcomes. As automation continues to evolve, it enables researchers to conduct more comprehensive studies with higher accuracy, driving the adoption of metagenomics across various industries, including healthcare, agriculture, and environmental science. This trend is expected to lead to greater accessibility and cost-efficiency, ultimately accelerating the growth of the metagenomics market.
Portable sequencing instruments are compact, lightweight devices, which offer mobility and ease of use, enable on-site sequencing in remote or resource-limited settings. Portable sequencers allow researchers to perform real-time sequencing and analysis in the field, without the need for complex, stationary laboratory equipment. This capability is particularly valuable in areas like environmental monitoring, public health surveillance, and point-of-care diagnostics, where quick, accessible genomic data is crucial.
The development of portable sequencing instruments is also enhancing the speed and accessibility of metagenomic applications. Researchers can now analyse microbial communities in diverse environments, such as soil, water, or even human samples, on-site, leading to faster decision-making and reducing delays associated with transporting samples to centralized labs. Moreover, the growing affordability and user-friendliness of these devices are helping metagenomics, making genomic research more accessible to smaller institutions, field researchers, and clinicians. As portable sequencing technology advances and becomes more widely adopted, it is expected to drive the expansion of metagenomic applications in real-time diagnostics, epidemiology, and environmental studies, further accelerating the growth of the metagenomics market.
Large-scale genomic sequencing projects have significantly boosted the metagenomics market by providing vast amounts of data that highlight the importance of studying complex microbial communities. These projects, which involve sequencing the genetic material of entire ecosystems, have expanded the scope of metagenomics, leading to rapid growth in both research and commercial applications.
As these initiatives expand, they create increased demand for metagenomic tools and solutions to analyze, interpret, and apply vast amounts of genomic data. The collaboration between governments, research institutions, and industry players further enhances innovation and adoption of metagenomics technologies in healthcare, environmental monitoring, and drug development. For instance;
As these projects continue to evolve, they will further expand the scope and impact of metagenomics, creating new opportunities for research, innovation, and commercialization.
In 2024, the consumables segment is expected to account for the largest share of 52.4% of the global metagenomics market. Technological advancements in reagents and kits, the development of user-friendly kits, and the adoption of metagenomics kits in research laboratories are factors contributing to the segment’s large share. Assay kits are pre-packaged sets of materials and reagents used for performing tests. Using these kits requires minimal training, making them ideal for use in settings lacking trained laboratory technicians and lab instruments. The recurring use of consumables, the rising demand for microbial gene profiling, and the increasing applications of metagenomics in human microbiome mapping and drug discovery are driving the demand for consumables.
The use of metagenomics kits is also increasing gradually in diagnostic settings. For instance, in March 2024, Microba Life Sciences (Australia) launched the MetaPanel. The panel is a metagenomic diagnostic test for diagnosing common and difficult-to-identify gastrointestinal pathogens causing infection. The panel launch was a part of the company's agreement with Sonic Healthcare Limited (Australia) to provide the company's advanced gastrointestinal pathogen test, MetaPanel, in Australia.
Based on application, the Metagenomics Market is segmented into environmental applications, clinical diagnostics, drug discovery, biotechnology, and other applications. In 2024, the environmental applications segment is expected to account for the largest share of the Metagenomics Market. The large share of this segment is attributed to rapid industrialization, urbanization, and agricultural activities. Growing urbanization and industrialization have resulted in the production and release of a variety of harmful organic and inorganic pollutants into the environment. These harmful substances build up and survive for lengthy periods, degrading the surrounding environment. This creates a demand for metagenomic solutions for environmental research purposes.
However, the drug discovery segment is expected to grow at the highest CAGR of during the forecast period of 2024 to 2031. The increasing usage by the researchers for discovering novel bioactive compounds and metabolic pathways, contributing to the development of new drugs as conventional culture-based methods lack the ability to capture the full microbial spectrum. These characteristics are particularly significant for discovering antibiotics to combat growing drug resistance. These factors contribute to the fastest growth of the segment.
In 2024, North America is estimated to account for the largest share and highest growth of the global Metagenomics Market. The region’s large share of the Metagenomics Market is primarily attributed to High number of research institutes, universities, and organizations, and presence of key market players in the market. Furthermore, the growing focus on the development of personalized medicines and increasing research activities in the field of microbial genomics are driving the demand for metagenomics products in the region. Additionally, advancements in sequencing technology and declining cost of sequencing technology are further expected to drive the metagenomics market in the region.
The report includes a competitive landscape based on an extensive assessment of the Component offerings, geographic presence, and key strategic developments of leading Market players (2021–2024). The key players operating in the Metagenomics Market are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Pacific Biosciences of California Inc. (U.S.), QIAGEN N.V. (Netherlands), Revvity, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), Takara Bio, Inc. (Japan), Bio-Rad Laboratories, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), 10X GENOMICS, INC. (U.S.), Promega Corporation (U.S.), Cantata Bio, LLC, and Zymo Research Corporation (U.S.).
Particulars |
Details |
Number of Pages |
154 |
Format |
|
Forecast Period |
2024-2031 |
Base Year |
2023 |
CAGR |
15.6% |
Market Size in 2024 |
$2.43 billion |
Market Size in 2031 |
$6.71 Billion |
Segments Covered |
By Offering
By Technology
By Application
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), Latin America, and the Middle East & Africa |
Key Companies Profiled |
Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Pacific Biosciences of California Inc. (U.S.), QIAGEN N.V. (Netherlands), Revvity, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), Takara Bio, Inc. (Japan), Bio-Rad Laboratories, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), 10X GENOMICS, INC. (U.S.), Promega Corporation (U.S.), Cantata Bio, LLC, and Zymo Research Corporation (U.S.). |
The Metagenomics Market size was valued at $2.13 billion in 2023.
The Market is projected to grow from $2.43 billion in 2024 to $6.71 billion by 2031.
The Metagenomics Market analysis indicates a significant growth to reach $6.71 billion by 2031, at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.
The key players operating in the Metagenomics Market are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Pacific Biosciences of California Inc. (U.S.), QIAGEN N.V. (Netherlands), Revvity, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), Takara Bio, Inc. (Japan), Bio-Rad Laboratories, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), 10X GENOMICS, INC. (U.S.), Promega Corporation (U.S.), Cantata Bio, LLC, and Zymo Research Corporation (U.S.).
A prominent Market trend in Metagenomics is the automation in sequencing technology and portable sequencing instruments.
By Offerings, the Consumables segment is forecasted to hold the largest Market share.
By Technology, the 16S Sequencing segment is forecasted to hold the largest Market share.
By Application, the Environmental Application segment is forecasted to hold the largest Market share.
The primary drivers of Metagenomics Market Growth include increasing the decreasing sequencing cost, increasing focus on Agri genomics, expansion of F&B industry, and surge in genome mapping programs.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency & Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.3.3. Market Share Analysis
2.4. Assumptions for the Study
3. Executive Summary
4. Factors Affecting Market Growth
4.1. Overview
4.2. Drivers
4.2.1. Decreasing Costs of Sequencing
4.2.2. Increasing Focus on Agrigenomics
4.2.3. Growth in Genome Mapping Programs
4.3. Restraints
4.3.1. High Instrument Costs
4.3.2. Regulatory & Standardization Concerns
4.4. Opportunity
4.4.1. Rising Adoption of Bioinformatics & Genomics Data Management Solutions
4.4.2. Government Initiatives Supporting Large-Scale Genomic Sequencing Projects
4.5. Challenges
4.5.1. Data Storage, Handling, Interpretation, and Confidentiality Concerns
4.6. Trends
4.6.1. Automation in Sequencing Technology
4.6.2. Portable Sequencing Instruments
4.7. Porter’s Five Forces Analysis
5. Metagenomics Market Assessment—By Offering
5.1. Overview
5.2. Consumables
5.3. Instruments
5.4. Software & Services
6. Metagenomics Market Assessment—By Technology
6.1. Overview
6.2. 16S Sequencing
6.3. Shotgun Sequencing
6.4. Whole Genome Microbial Sequencing
6.5. Other Technologies
7. Metagenomics Market Assessment—By Application
7.1. Overview
7.2. Environmental Applications
7.3. Clinical Diagnostics
7.4. Drug Discovery
7.5. Biotechnology
7.6. Other Applications
8. Metagenomics Market Assessment—By Geography
8.1. Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe (RoE)
8.4. Asia-Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. Australia
8.4.5. Rest of Asia-Pacific (RoAPAC)
8.5. Latin America
8.6. Middle East & Africa
9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
9.4.1. Industry Leaders
9.4.2. Market Differentiators
9.4.3. Vanguards
9.4.4. Emerging Companies
9.5. Market Share/Ranking Analysis, by the Key Players, 2023
10. Company Profiles
(Business Overview, Financial Overview, Product Portfolio, Strategic Developments, and SWOT Analysis)
10.1. Illumina, Inc. (U.S.)
10.2. Thermo Fisher Scientific Inc. (U.S.)
10.3. F. Hoffman-La-Roche Ltd (Switzerland)
10.4. Pacific Biosciences of California Inc. (U.S.)
10.5. QIAGEN N.V. (Netherlands)
10.6. Revvity, Inc. (U.S.)
10.7. Oxford Nanopore Technologies PLC (U.K.)
10.8. Takara Bio, Inc. (Japan)
10.9. Bio-Rad Laboratories, Inc. (U.S.)
10.10. Agilent Technologies, Inc. (U.S.)
10.11. 10X Genomics, Inc. (U.S.)
10.12. Promega Corporation (U.S.)
10.13. Cantata Bio, LLC (U.S.)
10.14. Zymo Research Corporation (U.S.)
(Note: SWOT Analysis* will be provided for the top 5 companies)
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1. Global Metagenomics Market, By Offering, 2022-2031 (USD Million)
Table 2. Key Companies Offering Metagenomics Consumables
Table 3. Global Metagenomics Consumables Market, By Country/Region, 2022–2031 (USD Million)
Table 4. Key Companies Offering Metagenomics Instruments
Table 5. Global Metagenomics Instruments Market, By Country/Region, 2022–2031 (USD Million)
Table 6. Key Companies Offering Metagenomics Software
Table 7. Global Metagenomics Software & Services Market, By Country/ Region, 2022–2031 (USD Million)
Table 8. Global Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 9. Applications of 16S Sequencing
Table 10. Global Metagenomics Market For 16s Sequencing, By Country/Region, 2022–2031 (USD Million)
Table 11. Global Metagenomics Market For Shotgun Sequencing, By Country/ Region, 2022–2031 (USD Million)
Table 12. Global Metagenomics Market For Whole Genome Microbial Sequencing, By Country/Region, 2022–2031 (USD Million)
Table 13. Global Metagenomics Market For Other Technologies, By Country/ Region, 2022–2031 (USD Million)
Table 14. Global Metagenomics Market, By Application, 2022-2031 (USD Million)
Table 15. Global Metagenomics Market For Environmental, By Country/Region, 2022–2031 (USD Million)
Table 16. Global Metagenomics Market For Clinical Diagnostics, By Country/ Region, 2022–2031 (USD Million)
Table 17. Global Metagenomics Market For Drug Discovery, By Country/Region, 2022–2031 (USD Million)
Table 18. Global Metagenomics Market For Biotechnology, By Country/Region, 2022–2031 (USD Million)
Table 19. Global Metagenomics Market For Other Applications, By Country/ Region, 2022–2031 (USD Million)
Table 20. Global Metagenomics Market, By Country/Region, 2022–2031 (USD Million)
Table 21. North America: Metagenomics Market, By Country, 2022-2031 (USD Million)
Table 22. North America: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 23. North America: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 24. North America: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 25. U.S.: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 26. U.S.: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 27. U.S.: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 28. Canada: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 29. Canada: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 30. Canada: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 31. Europe: Metagenomics Market, By Country/Region, 2022-2031 (USD Million)
Table 32. Europe: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 33. Europe: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 34. Europe: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 35. Germany: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 36. Germany: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 37. Germany: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 38. France: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 39. France: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 40. France: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 41. U.K.: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 42. U.K.: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 43. U.K.: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 44. Italy: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 45. Italy: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 46. Italy: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 47. Spain: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 48. Spain: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 49. Spain: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 50. Rest of Europe: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 51. Rest of Europe: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 52. Rest of Europe: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 53. Asia-Pacific: Metagenomics Market, By Country/Region, 2022-2031 (USD Million)
Table 54. Asia-Pacific: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 55. Asia-Pacific: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 56. Asia-Pacific: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 57. China: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 58. China: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 59. China: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 60. Japan: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 61. Japan: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 62. Japan: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 63. India: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 64. India: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 65. India: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 66. Australia: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 67. Australia: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 68. Australia: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 69. Rest of Asia-Pacific: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 70. Rest of Asia-Pacific: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 71. Rest of Asia-Pacific: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 72. Middle East & Africa: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 73. Middle East & Africa: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 74. Middle East & Africa: Metagenomics Market, By Application, 2022–2031 (USD Million)
Table 75. Latin America: Metagenomics Market, By Offering, 2022–2031 (USD Million)
Table 76. Latin America: Metagenomics Market, By Technology, 2022–2031 (USD Million)
Table 77. Latin America: Metagenomics Market, By End User, 2022–2031 (USD Million)
Table 78. Recent Developments, By Company, 2021-2024
List of Figures
Figure 1. Market Ecosystem
Figure 2. Secondary Sources referenced for this study
Figure 3. Primary Research Techniques
Figure 4. Key Executives Interviewed
Figure 5. Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6. Market Sizing & Growth Forecast Approach
Figure 7. Global Metagenomics Market, By Offering, 2024 VS. 2031 (USD Million)
Figure 8. Global Metagenomics Market, By Technology, 2024 VS. 2031 (USD Million)
Figure 9. Global Metagenomics Market, By Application, 2024 VS. 2031 (USD Million)
Figure 10. Global Metagenomics Market, By Geography, 2024 VS. 2031 (USD Million)
Figure 11. Impact Analysis of Market Dynamics
Figure 12. Porter's Five Forces Analysis
Figure 13. Global Metagenomics Market, By Offering, 2024 VS. 2031 (USD Million)
Figure 14. Global Metagenomics Market, By Technology, 2024 VS. 2031 (USD Million)
Figure 15. Shotgun Sequencing Workflow
Figure 16. Global Metagenomics Market, By Application, 2024 VS. 2031 (USD Million)
Figure 17. Global Metagenomics Market, By Geography, 2024 VS. 2031 (USD Million)
Figure 18. North America: Metagenomics Market Snapshot
Figure 19. Europe: pharmaceutical R&D Expenditures, 2000-2022 (USD Million)
Figure 20. Europe: Metagenomics Market Snapshot
Figure 21. Rest of Europe: pharmaceutical R&D Expenditures, 2022 (Usd Million)
Figure 22. Asia Pacific: Metagenomics Market Snapshot
Figure 23. Latin America: Metagenomics Market Snapshot
Figure 24. Middle East & Africa: Metagenomics Market Snapshot
Figure 25. Key Growth Strategies Adopted By Leading Players, 2021—2024
Figure 26. Metagenomics Market: Competitive Benchmarking, By Offering
Figure 27. Metagenomics Market: Competitive Benchmarking, By Region
Figure 28. Metagenomics Market: Competitive Dashboard
Figure 29. Metagenomics Market: Market Share Analysis, By Key Players (2023)
Figure 30. Illumina, Inc. : Financial Snapshot (2023)
Figure 31. Thermo Fisher Scientific Inc.: Financial Snapshot (2023)
Figure 32. F. Hoffman-La Roche Ltd: Financial Snapshot (2023)
Figure 33. Pacific Biosciences of California Inc.: Financial Snapshot (2023)
Figure 34. QIAGEN N.V.: Financial Snapshot (2023)
Figure 35. Revvity, Inc.: Financial Snapshot (2023)
Figure 36. Oxford Nanopore Technologies PLC.: Financial Snapshot (2023)
FIGURE 37. TAKARA BIO, INC.: FINANCIAL SNAPSHOT (2023)
Figure 38. Bio-Rad Laboratories, Inc.: Financial SNAPSHOT (2023)
Figure 39 Agilent Technologies, Inc.: Financial Snapshot (2023)
FIGURE 40 10X Genomics, Inc.: Financial Overview (2023)
Published Date: Jan-2024
Published Date: Oct-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates