Thailand Metagenomics Market Size & Outlook, 2023-2030

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metagenomics market will help companies and investors design strategic landscapes.

Kits & reagents was the largest segment with a revenue share of 61.64% in 2023. Horizon Databook has segmented the Thailand metagenomics market based on kits & reagents, sequencing & data analytics services, software covering the revenue growth of each sub-segment from 2018 to 2030.

Increasing investments by the Thai government are making the country a hub for precision medicine and genomic projects. Some of the major projects undertaken by the Thailand government are the Genomics Thailand Initiative launched in 2019, the National Biobank of Thailand (NBT) launched in 2019, and the Southeast Asian genome-sequencing project. Over the past few years, the CDC and the Ministry of Public Health in Thailand have been developing intervention strategies to fight against high-risk diseases.

The prevalence of cancer has increased in the country, accounting for 19% of the overall deaths, followed by 12% of deaths due to ischemic heart disease and 10% due to stroke. Moreover, increase in the incidence of infectious diseases such as hepatitis, diarrhea, dengue fever, malaria, Japanese encephalitis, HIV, leptospirosis, and rabies is expected to fuel the demand for NGS technologies for proper diagnosis & treatment.

In April 2023, Singrow, an agricultural genomics startup, announced its primary research and development hub in the form of an indoor farm in Singapore. This facility will focus on creating innovative crop varieties utilizing Singrow's exclusive genomics technology. Additionally, the company, based in Singapore, plans to extend its operations to Malaysia and Thailand through franchise farm collaborations with Tree Grow Sdn Bhd and PREINO Co. These partnerships aim to make Singrow's technology and climate-resilient strawberries more accessible in regions affected by climate challenges.