Global Microbiome Sequencing Services Market Scope, size, share and Forecast to 2028

Market HighlightsIt is estimated that the global microbiome sequencing services market is expected to register a CAGR ~ 19.22% during the forecast period of 2018–2023, with an estimated market value of USD 555.1 million in 2017.Numerous factors such as high investment in next-generation sequencing, rising genome mapping programs in various countries, and the demand for microbiome research is anticipated to fuel the growth of the market.

For instance, according to the data published by the Wall Street Journal in 2016, reported that venture funding in microbiome firms raised by 458.5% to USD 114.5 million from 2011 to 2015.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7532The global microbiome sequencing services market is currently dominated by many market players.

For instance, in November 2017, Microbiome Therapeutics, LLC launched the first microbiome modulator.

This product is a natural blend of prebiotics manufactured to help nurture and nourish beneficial microorganisms in the lower gut.

It is a cloud-based solution used for genomic data storage and analysis of samples.Regional AnalysisThe market in the Americas is expected to dominate the global microbiome sequencing services market during the forecast period owing to the increasing per capita healthcare expenditure, and the heavy adoption of new technology in the region.

Such high rates of cancer are likely to increase demand for use of next-generation sequencing as well as increase the market demands for monoclonal bodies and cellular research.These factors are expected to have a positive impact on the microbiome sequencing services market.

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