Brazil Microbiome Sequencing Services Market Size & Outlook
Brazil microbiome sequencing services market, 2018-2030 (US$M)
Related Markets
Brazil microbiome sequencing services market highlights
- The Brazil microbiome sequencing services market generated a revenue of USD 42.7 million in 2023 and is expected to reach USD 82.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, sequencing by synthesis was the largest revenue generating technology in 2023.
- Sequencing by synthesis is the most lucrative technology segment registering the fastest growth during the forecast period.
Microbiome sequencing services market data book summary
| Market revenue in 2023 | USD 42.7 million |
| Market revenue in 2030 | USD 82.8 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Sequencing by synthesis |
| Fastest growing segment | Sequencing by synthesis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sequencing by synthesis, Sequencing by ligation, Sanger sequencing |
| Key market players worldwide | Microbiome Insights Inc., BaseClear, Clinical Microbiomics, Mérieux NutriSciences Corporation, Mr Dna, Metabiomics, Rancho BioSciences, Second Genome, Zymo Research, uBiome |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.8% of the global microbiome sequencing services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil microbiome sequencing services market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 82.8 million by 2030.
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Microbiome Sequencing Services Market Scope
Microbiome Sequencing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 59.25% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil's microbiome sequencing services market is expected to witness considerable growth owing to the presence of considerable untapped potential in the country. Ongoing research studies that use sequencing techniques and supportive government initiatives for improvement of drug development are expected to increase adoption of microbiome sequencing services in this region.
Furthermore, the National Policy for Rare Diseases in Brazil has released defined guidelines for providing treatment to patients with rare diseases in the public unified health system (Sistema Unico de Saude, SUS). This was driven by the growing pressure to reduce morbidity and mortality in patients with rare diseases.
The entity offers an annual plan of action and financial & logistical support and further assists in establishing a national database for genetic tests and reference treatment centers to perform genetic testing procedures and diagnose, treat, and offer genetic counseling.
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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 country-level data and insights on the Brazil microbiome sequencing services market , including forecasts for subscribers. This country databook contains high-level insights into Brazil microbiome sequencing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil microbiome sequencing services market size, by technology, 2018-2030 (US$M)
Brazil Microbiome Sequencing Services Market Outlook Share, 2023 & 2030 (US$M)
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