Analysts forecast the global microbiome sequencing services market to grow at a CAGR of 22.10% during the period 2018-2022. One trend in the market is growing awareness of microbiome in cancer development and therapy.
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The knowledge regarding interactions between host and microbiome can help understanding the impact which microbes have on human health.
Microbes can have both positive and negative impact on health and hence, this knowledge can help researchers understand the contribution of microbiome community in both cancer development as well as its therapy.
Major key players in the global microbiome sequencing services market: BGI, Clinical-Microbiomics, Diversigen, GATC Biotech, and Second Genome.
According to the microbiome sequencing services market report, one driver in the market is rise in chronic and infectious diseases. Over the years, the prevalence of chronic and infectious diseases such as malaria, tuberculosis, HIV AIDS, and hepatitis has increased rapidly.
For instance, according to the CDC, 3.2 billion people around the world are at risk of malaria.
Further, the microbiome sequencing services market report states that one challenge in the market is high cost of sequencing systems. Although NGS has significantly reduced the cost of microbiome, the products and services used in NGS are expensive, therefore, small-scale laboratories cannot buy them.
Since, microbiome sequencing involves handling high throughput data, maintaining precision and accuracy, it requires highly professional personnel and cutting-edge technology and machinery.
Key questions answered in this report:
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Few Points from List of Exhibits:
Exhibit 1: Related Market
Exhibit 2: Market Characteristics
Exhibit 3: Market Segments
Exhibit 4: Market Definition - Inclusions and Exclusions Checklist
Exhibit 5: Market Size 2017
Exhibit 6: Validation Techniques Employed For Market Sizing 2017
Exhibit 7: Global Microbiome Sequencing Services Market Market Size and Forecast 2017-2022 ($ Mn)
Exhibit 8: Global Microbiome Sequencing Services Market Year Over Year Growth 2018-2022 (%)
Exhibit 9: Five Forces Analysis 2017
Exhibit 10: Five Forces Analysis 2022
Exhibit 11: Bargaining Power of Buyers
Exhibit 12: Bargaining Power of Suppliers
Exhibit 13: Threat of New Entrants
Exhibit 14: Threat of Substitutes
Exhibit 15: Threat of Rivalry
Exhibit 16: Market Condition - Five Forces 2017
Exhibit 17: Market Condition: Five Forces 2022
Exhibit 18: Customer Landscape
Exhibit 19: End-User Market Share 2017-2022 (%)
Exhibit 20: Comparison by End-User