Scienza e Tecnologia
Metagenomics Market to Gain Good Growth on the Back of COVID-19 Drugs and Vaccines Development: TMR
ALBANY, N.Y. , Sept. 21, 2020 /PRNewswire/ -- Metagenomics is the study of microbes in their natural living environment and involves complex microbial communities in which they usually exist. Swift advancements in genomic technologies have widened the growth prospects of the metagenomics market greatly and are also expected to garner growth between 2020 and 2030 on the same grounds.
Considering the aforementioned factors, the global metagenomics market is expected to record a healthy CAGR during the forecast period of 2020-2030. The global metagenomics market was valued at US$ 1.3 bn in 2019.
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The analysts at Transparency Market Research (TMR) highlight the growing influence of integrated bioinformatics tools in inviting expansive growth for the metagenomics market. Advanced metagenomics analysis platforms are transforming the concept of automated placement of COVID-19 with the closest known viruses into reality according to the TMR analysts.
Microbial ecologists are using shotgun metagenomics greatly to assess microbial diversity in soil, posing a good growth opportunity for the metagenomics market according to analysts. However, limited sequence assembly from intensely complex samples proves to be an obstacle for the microbial ecologists. The analysts advise the players to increase awareness about flow cytometry-enabled mini- metagenomics to assist microbial ecologists to capture expanded microbial diversity from forest soil.
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State-of-the-art tools such as the Integrated Microbial Genome are expected to accelerate the workflow of metagenomics. This aspect may serve as a prominent growth generator for the metagenomics market.
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Metagenomics has been playing a crucial role in the development of an efficient COVID-19 vaccine or drug. Clinical metagenomics is changing the diagnostic landscape. The ability to monitor the virus in real-time and assistance in matching the COVID-19 genome may bring promising insights for developing a good COVID-19 vaccine. Therefore, the metagenomics analysis platforms may observe great demand during the pandemic.
Some well-entrenched players in the metagenomics market are TAKARA BIO INC., Promega Corporation, Danaher QIAGEN, Oxford Gene Technology Inc., ELITechGroup, and Thermo Fisher Scientific Inc.
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