Asia Pacific Metagenomics Market

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

Analysis and Forecasts by Product (Instruments & Software and Consumables), Application (Clinical Diagnostics, Drug Discovery Metagenomics and Others) and Country

No. of Pages: 141
Report Code: TIPRE00003320
Category: Life Sciences
Asia Pacific Metagenomics Market
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The Asia pacific Metagenomics market is expected to reach US$ 61.9 Mn in 2027 from US$ 30.6 Mn in 2018. The market is estimated to grow with a CAGR of 8.5% from 2018-2027.

The growth of the market is driven by the factors such as increasing demand for genomics, growing demand for metagenomics over traditional methods and various applications of metagenomics, in the Asia pacific region. Whereas, expensive techniques of metagenomics is likely to have a negative impact on the growth of the market in the coming years.

In Asia Pacific, the government is supporting more for the genomics and with the support from the government the Chinese players are investing more into the genetic research. The genomics in this region is booming due to the increasing demand for the genetic sequencing. The rise in the Asia’s genomics market is driven by the factors such as rise in the geriatric population, significant growth of the healthcare system and rise in the income of the population. The Chinese government has made compulsion for the data banking of its citizens, the population’s includes genomic data of the people. In addition, a data provided by the Chinese genetics leader BGI states that in China market size of the genetic testing has grown by five times of a market share which is approximately to US$ 925 billion in between 2012 to 2016. Moreover, near around 330 million people of age of 65years and above are anticipated in 2025, therefore the rise in the personalized medicine is expected to grow the market in coming future. Also, investments in the field of genomics is rising For instance, in 2016, the Chinese Academy of Sciences had launched the initiative for precision medicine. Whereas it invested approximately US$ 9 billion to a project that will sequence over 100 million human genomes by 2030. Recently in December 2017, the China’s Ministry of Science and Technology has joined with a human genome research project to document the genetic makeup of 25,000 people.

Owing to growing demand for genomics by the market leaders that enables the access to the metagenomics studies are likely to propel the growth of the market in the forecast period.

China is anticipated to lead the adoptions of Metagenomics across the Asia Pacific region through the forecast period. The metagenomic market in china is anticipated to witness significant growth in the forecast period owing to the extensive conduction of metagenomics. For instance. a project titled as ‘Metagenomic Analysis of Flaviviridae in Mosquito Viromes Isolated From Yunnan Province in China Reveals Genes From Dengue and Zika Viruses’ was conducted. This project was funded by some Chinese entities which include the National Program on Key Research Project of China, Special Fund for Agro-scientific Research in the Public Interest, National Natural Science Foundation of China and others. This project utilized Illumina sequencing to conclude its results.

Exhibit: Rest of Asia Pacific Metagenomics Market Revenue and Forecasts to 2027 (US$ Mn)

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ASIA PACIFIC METAGENOMICS - MARKET SEGMENTATION

By Product
• Instruments & Software
• Consumables

ASIA PACIFIC METAGENOMICS - MARKET SEGMENTATION

By Application
• Clinical Diagnostics
• Drug Discovery

By Country
• China
• India
• Japan

Companies Mentioned
• Merck KGaA
• Thermo Fisher Scientific Inc.
• Agilent Technologies
• Qiagen
• Bio-Rad Laboratories, Inc.
• Perkinelmer Inc.
• Illumina Inc.
• F Hoffman-La Roche Ltd.
• Oxford Nanopore Technologies Ltd.
• Pacific Bioscience of California, Inc.

Asia Pacific Metagenomics Market Strategic Insights

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Asia Pacific Metagenomics Market Segmentation Analysis

Asia Pacific Metagenomics Market Report Highlights

Asia Pacific Metagenomics Report Scope

Report Attribute Details
Market size in 2018 US$ 30.6 Million
Market Size by 2027 US$ 61.9 Million
CAGR (2018 - 2027) 8.5%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Product
  • Instruments & Software and Consumables
By Application
  • Clinical Diagnostics
  • Drug Discovery Metagenomics
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Merck KGaA
  • Thermo Fisher Scientific Inc.
  • Agilent Technologies
  • Qiagen
  • Bio-Rad Laboratories, Inc.
  • Perkinelmer Inc.
  • Illumina Inc.
  • F Hoffman-La Roche Ltd.
  • Oxford Nanopore Technologies Ltd.
  • Pacific Bioscience of California, Inc.
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Asia Pacific Metagenomics Market Country and Regional Insights

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Identical Market Reports with other Region/Countries

The List of Companies - Asia Pacific Metagenomics Market

  • <p style="margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;"><strong><span style="color:
  • 1f4e79;">The List of Companies</span></strong></span></p><ol style="margin-bottom: 0in; margin-top: 0px;"><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Merck KGaA</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Thermo Fisher Scientific Inc.</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Agilent Technologies</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Qiagen</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Bio-Rad Laboratories, Inc.</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Perkinelmer Inc.</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Illumina Inc.</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">F Hoffman-La Roche Ltd.</span></li><li style="margin: 0in 0in 0.0001pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Oxford Nanopore Technologies Ltd.</span></li><li style="margin: 0in 0in 8pt 0px; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;">Pacific Bioscience of California, Inc.</span></li></ol>
Frequently Asked Questions
How big is the Asia Pacific Metagenomics Market?

The Asia Pacific Metagenomics Market is valued at US$ 30.6 Million in 2018, it is projected to reach US$ 61.9 Million by 2027.

What is the CAGR for Asia Pacific Metagenomics Market by (2018 - 2027)?

As per our report Asia Pacific Metagenomics Market, the market size is valued at US$ 30.6 Million in 2018, projecting it to reach US$ 61.9 Million by 2027. This translates to a CAGR of approximately 8.5% during the forecast period.

What segments are covered in this report?

The Asia Pacific Metagenomics Market report typically cover these key segments-

  • Product (Instruments & Software and Consumables)
  • Application (Clinical Diagnostics, Drug Discovery Metagenomics)

What is the historic period, base year, and forecast period taken for Asia Pacific Metagenomics Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Metagenomics Market report:

  • Historic Period : 2016-2017
  • Base Year : 2018
  • Forecast Period : 2019-2027
    • Who are the major players in Asia Pacific Metagenomics Market?

    The Asia Pacific Metagenomics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Merck KGaA
  • Thermo Fisher Scientific Inc.
  • Agilent Technologies
  • Qiagen
  • Bio-Rad Laboratories, Inc.
  • Perkinelmer Inc.
  • Illumina Inc.
  • F Hoffman-La Roche Ltd.
  • Oxford Nanopore Technologies Ltd.
  • Pacific Bioscience of California, Inc.
    • Who should buy this report?

    The Asia Pacific Metagenomics Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific Metagenomics Market value chain can benefit from the information contained in a comprehensive market report.

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