Metagenomics Market Size, Share, Growth Report 2030
The Global Metagenomics Market was valued at around USD 2.52 billion in 2024 and is projected to reach USD 5.82 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.1% during the forecast period, i.e., 2025-30.
The Global Metagenomics Market was valued at around USD 2.52 billion in 2024 and is projected to reach USD 5.82 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 18.1% during the forecast period, i.e., 2025-30.
Metagenomics Market Driver:
Rising Frequency of Infectious Disease – The Global Metagenomics Market is driven by the growing cases of infectious diseases. In 2023, more than 52 million, around 33% of the global annual deaths occurred due to infectious diseases which is the leading cause of morbidity and mortality and nearly half of the population is at risk of new emerging diseases. To understand the reason behind the spread of the existing diseases and their patterns, the reason for the emergence of new infectious diseases, and to combat the pathogens, advanced tools are needed. Metagenomics facilitates the rapid identification of pathogenic bacteria and viruses by the direct analysis of the genetic material of entire microbial communities from patient samples.
Moreover, the study is more valuable in clinics as timely diagnosis is important for better treatment. Scientists can identify pathogens by analyzing the genetic sequences from a sample, which enables quicker and more precise diagnosis. Metagenomics also aids in the study of the interaction of these pathogens with their hosts and surroundings, offering insights into their resistance mechanisms and behavior. In addition to innovation in metagenomics technologies, the growing demand also facilitates research and development which propels market expansion. For instance,
· In March 2024, The discovery of 393 viral species including arboviruses associated with mosquitos in a study conducted on 2438 mosquitoes throughout China which revealed geographic hotspots of viral diversity and a close connection between individual mosquito viromes with host phylogeny.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Metagenomics Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Product Type
- Software and Tools – Market Size & Forecast 2020-2030F, USD Million
- Data Analysis Software- Market Size & Forecast 2020-2030F, USD Million
- Bioinformatics Solutions- Market Size & Forecast 2020-2030F, USD Million
- Sequencing Platforms – Market Size & Forecast 2020-2030F, USD Million
- Kits and Reagents - Market Size & Forecast 2020-2030F, USD Million
- Library Preparation Kits – Market Size & Forecast 2020-2030F, USD Million
- Sample Extraction Kits – Market Size & Forecast 2020-2030F, USD Million
- By Technology
- Shotgun Sequencing - Market Size & Forecast 2020-2030F, USD Million
- 16S Sequencing - Market Size & Forecast 2020-2030F, USD Million
- Whole Genome Sequencing - Market Size & Forecast 2020-2030F, USD Million
- Others - Market Size & Forecast 2020-2030F, USD Million
- By Application
- Environmental - Market Size & Forecast 2020-2030F, USD Million
- Clinical Metagenomics - Market Size & Forecast 2020-2030F, USD Million
- Drugs Discovery - Market Size & Forecast 2020-2030F, USD Million
- Biotechnology - Market Size & Forecast 2020-2030F, USD Million
- Food & Nutrition - Market Size & Forecast 2020-2030F, USD Million
- Others - Market Size & Forecast 2020-2030F, USD Million
- By Region
- North America - Market Size & Forecast 2020-2030F, USD Million
- South America - Market Size & Forecast 2020-2030F, USD Million
- Europe - Market Size & Forecast 2020-2030F, USD Million
- The Middle East & Africa - Market Size & Forecast 2020-2030F, USD Million
- Asia-Pacific - Market Size & Forecast 2020-2030F, USD Million
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Illumina Inc., Perkin Elmer Inc., Symbio Scientific Pvt. ltd., Merck KgaA, Eurofins Scientific, Macrogen Inc., Oxford Nanopore Technology, QIAGEN, Promega Corporation, Infobio, and Others
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