prnewswireMay 17, 2021
Tag: Metagenomic Sequencing , COVID-19 , CAGR
The "Metagenomic Sequencing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Metagenomic Sequencing estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$3.2 Billion by 2027, growing at a CAGR of 15.9% over the analysis period 2020-2027.
Reagents & Consumables, one of the segments analyzed in the report, is projected to record a 16.7% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Instruments segment is readjusted to a revised 15.8% CAGR for the next 7-year period.
The Metagenomic Sequencing market in the U.S. is estimated at US$306.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$742.4 Million by the year 2027 trailing a CAGR of 20.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 14% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.5% CAGR.
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 14.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$169.4 Million in the year 2020 will reach a projected size of US$430.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$492 Million by the year 2027, while Latin America will expand at a 16.9% CAGR through the analysis period.
BGI Group
DNAStar, Inc.
Eurofins Scientific
GENEWIZ
Illumina, Inc.
IntegraGen SA
Macrogen, Inc.
Microsynth AG
Novogene Corporation
NuGEN Technologies, Inc.
Oxford Nanopore Technologies Ltd.
PerkinElmer
QIAGEN N.V.
Thermo Fisher Scientific, Inc.
Zymo Research Corporation
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Total Companies Profiled: 35
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