Global Microbiome Sequencing Services Market Size & Outlook
Global microbiome sequencing services market, 2018-2030 (US$M)
Related Markets
Global microbiome sequencing services market highlights
- The global microbiome sequencing services market generated a revenue of USD 1,508.9 million in 2023 and is expected to reach USD 3,106.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.9% by 2030.
- In terms of segment, sequencing by synthesis accounted for a revenue of USD 877.2 million in 2023.
- Sequencing by synthesis is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,508.9 million |
| Market revenue in 2030 | USD 3,106.2 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Sequencing by synthesis |
| Fastest growing segment | Sequencing by synthesis |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sequencing by synthesis, Sequencing by ligation, Sanger sequencing |
Other key industry trends
- In terms of revenue, the North America accounted for 47.7% of the global microbiome sequencing services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 8.9 million by 2030.
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Microbiome Sequencing Services Market Scope
Microbiome Sequencing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microbiome sequencing services market outlook
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 microbiome sequencing services market will help companies and investors design strategic landscapes.
Sequencing by synthesis was the largest segment with a revenue share of 58.14% in 2023. Horizon Databook has segmented the Global microbiome sequencing services market based on sequencing by synthesis, sequencing by ligation, sanger sequencing covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microbiome Sequencing Services Technology Outlook (Revenue, USD Million, 2018-2030)
- Sequencing by synthesis
- Sequencing by ligation
- Sanger sequencing
- Others
- Global Microbiome Sequencing Services Application Outlook (Revenue, USD Million, 2018-2030)
- Autoimmune Disorder
- Cancer
- Gastrointestinal Disorders
- Others
- Global Microbiome Sequencing Services End User Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical & biotechnology companies
- Academic research institutes
- Others
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Target buyers of Global microbiome sequencing services market databook
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Our clientele includes a mix of microbiome sequencing services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global microbiome sequencing services market , including forecasts for subscribers. This global databook contains high-level insights into Global microbiome sequencing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global microbiome sequencing services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Microbiome sequencing services market size, 2023 (US$M)
Global microbiome sequencing services market share, by technology, 2023 & 2030 (%, US$M)
Microbiome sequencing services market: Opportunity assessment by country
Global microbiome sequencing services market, by region, 2023 (US$M)
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