North America Microbiome Sequencing Services Market Size & Outlook
North America microbiome sequencing services market, 2018-2030 (US$M)
Related Markets
North America microbiome sequencing services market highlights
- The North America microbiome sequencing services market generated a revenue of USD 720.4 million in 2023.
- The market is expected to grow at a CAGR of 10.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 720.4 million |
| Market revenue in 2030 | USD 1,453.9 million |
| Growth rate | 10.6% (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 |
| 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, North America region accounted for 47.7% of the global microbiome sequencing services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 447.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Microbiome Sequencing Services Market Scope
Microbiome Sequencing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 57.02% in 2023. Horizon Databook has segmented the North America 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.
The market is expanding as a result of a growing cancer incidence in North America. One of the top ten primary causes of death in the U.S. is cancer. For instance, according to the GLOBOCAN 2020 report, there would be roughly 2,281,658 cases of cancer overall in the U.S. in 2020.
By 2040, there will likely be 366,572,150 cases, according to estimates. The North America market for microbiome sequencing services is also anticipated to expand due to the increasing need for these services owing to the ease of diagnosis and treatment. Moreover, rising genomics-based gut research and the growing demand for Next-generation Sequencing (NGS) are supporting the regional market.
Reasons to subscribe to North America microbiome sequencing services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America microbiome sequencing services market databook
-
Our clientele includes a mix of microbiome sequencing services market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the North America microbiome sequencing services market , including forecasts for subscribers. This continent databook contains high-level insights into North America microbiome sequencing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America microbiome sequencing services market size, by country, 2018-2030 (US$M)
North America Microbiome Sequencing Services Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
