South Africa Microbiome Sequencing Services Market Size & Outlook
South Africa microbiome sequencing services market, 2018-2030 (US$M)
Related Markets
South Africa microbiome sequencing services market highlights
- The South Africa microbiome sequencing services market generated a revenue of USD 15.2 million in 2023 and is expected to reach USD 23.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.6% 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.
Microbiome sequencing services market data book summary
| Market revenue in 2023 | USD 15.2 million |
| Market revenue in 2030 | USD 23.8 million |
| Growth rate | 6.6% (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, South Africa accounted for 1.0% 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 Middle East & Africa, Saudi Arabia microbiome sequencing services market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 19.8 million by 2030.
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Microbiome Sequencing Services Market Scope
Microbiome Sequencing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 59.21% in 2023. Horizon Databook has segmented the South Africa 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.
Sequencing applications are still at a nascent stage in South Africa. However, there is a presence of key players in this market through service provider companies such as Inqaba Biotec, which provides sequencing platform services for genome sequencing, exome sequencing, and other NGS applications.
Similarly, Viome, Inc. is a leading sequencing service provider in the country. The company offers metatranscriptomic sequencing services to see every microorganism in the gut microbiome and analyze them.
There is also the presence of bioinformatics and genetic sequencing institutions such as The South African National Bioinformatics Institute (SANBI) within the University of Western Cape and The Next Generation Sequencing Facility (NGSF). Such institutions also have laboratories with NGS capabilities for research and academics.
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Target buyers of South Africa 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 country-level data and insights on the South Africa microbiome sequencing services market , including forecasts for subscribers. This country databook contains high-level insights into South Africa microbiome sequencing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa microbiome sequencing services market size, by technology, 2018-2030 (US$M)
South Africa Microbiome Sequencing Services Market Outlook Share, 2023 & 2030 (US$M)
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