Microbiome Sequencing Services Market to Grow at a CAGR of 14.3%
The Microbiome Sequencing Services Market CAGR is forecasted to be 14.3%, with the market size growing from USD 284 million in 2023 to USD 555 million by 2028. The market is driven by the increasing demand for metagenomic sequencing, the expanded use of sequencing technologies in human microbiome therapeutics, and the prohibitive costs of advanced sequencing equipment, which prompts outsourcing....
Microbiome Sequencing Services Market Dynamics and Key Players
The microbiome sequencing services market is projected to grow from USD 284 million in 2023 to USD 555 million by 2028 at a CAGR of 14.3%. Growth in this market is majorly driven by the increasing demand for metagenomic sequencing, the growing focus on human microbiome therapeutics development, and the high cost of advanced infrastructure for sequencing. However, a dearth of skilled personnel is expected...