Metagenomics Market to Reach $6.71 Billion by 2031, Growing at a CAGR of 15.6% from 2024 -- Exclusive Report by Meticulous Research®

Market Growth Driven by Advancements in Sequencing Technologies and Expanding Applications in Microbiome Research

REDDING, Calif., March 28, 2025 /PRNewswire/ -- According to a new market research report titled 'Metagenomics Market Size, Share, Forecast, & Trends Analysis by Technology (Shotgun Sequencing, 16S rRNA Sequencing, Whole Genome Sequencing), Product (Kits & Reagents, Sequencing Services, Bioinformatics Tools), Application (Clinical Diagnostics, Environmental Monitoring, Drug Discovery, Agriculture) ? Global Forecast to 2032', published by Meticulous Research^®, the metagenomics market is projected to reach $6.71 Billion by 2031, growing at a CAGR of 15.6% from 2024 to 2031.

Key Market Drivers and Trends

The metagenomics market is witnessing robust growth due to the rising adoption of next-generation sequencing (NGS) technologies in microbiome research, disease diagnostics, and environmental monitoring. The ability of metagenomic sequencing to analyze complex microbial communities without the need for culturing is revolutionizing pathogen detection, antibiotic resistance studies, and precision medicine.

Increasing investments in microbiome-based therapeutics, government initiatives supporting genomic research, and the expanding application of metagenomics in agriculture and wastewater treatment are further propelling market expansion. Moreover, AI-driven bioinformatics tools are enhancing data analysis efficiency, enabling faster and more accurate microbial profiling.

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Growth Opportunities

Emerging economies in Asia-Pacific and Latin America present substantial growth opportunities due to increasing investments in genomic research, expanding healthcare infrastructure, and rising awareness of microbiome-based diagnostics. Advances in portable sequencing technologies and cloud-based bioinformatics platforms are making metagenomics more accessible, fostering its adoption in remote and resource-limited settings.

Market Challenges

Despite strong growth potential, challenges such as high sequencing costs, complex data interpretation, and the need for standardized analytical pipelines hinder the widespread adoption of metagenomics. Regulatory concerns related to genomic data privacy and bioethical considerations also pose hurdles for market expansion, particularly in clinical applications.

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Segment Insights

By Technology: Shotgun sequencing dominates the market due to its comprehensive microbial diversity analysis capabilities, while 16S rRNA sequencing remains a preferred choice for taxonomic classification in environmental and clinical research.

By Product: Kits & reagents account for the largest market share, driven by increasing demand for high-throughput sequencing workflows. Bioinformatics tools and services are gaining traction, supporting complex data interpretation and predictive modeling.

By Application: Clinical diagnostics is the fastest-growing segment, with metagenomics playing a crucial role in infectious disease detection, antimicrobial resistance monitoring, and oncology. Environmental monitoring and agricultural applications are also expanding, with metagenomic sequencing aiding in soil health assessment, pollution control, and sustainable farming practices.

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Geographic Market Insights

North America leads the global metagenomics market, supported by strong research funding, government genomics initiatives, and the presence of key industry players. The Asia-Pacific region is projected to grow at the highest CAGR, driven by increasing investments in biotechnology, rising healthcare expenditures, and growing collaborations between academic institutions and industry players.

Competitive Landscape

The metagenomics market is highly competitive, with key players focusing on technological advancements, strategic partnerships, and geographic expansion. Leading companies such as Illumina, Thermo Fisher Scientific, Qiagen, Oxford Nanopore Technologies, and BGI Group are investing heavily in R&D to enhance sequencing accuracy, reduce turnaround times, and develop cost-effective bioinformatics solutions.

Collaborations between sequencing technology providers and pharmaceutical companies are driving innovations in microbiome-based drug development and precision medicine. Additionally, startups specializing in AI-powered microbial analytics and cloud-based sequencing services are emerging as key disruptors in the market.

Sustainability initiatives, such as eco-friendly sample processing techniques and reusable sequencing platforms, are also gaining momentum as companies strive to minimize environmental impact while expanding market reach.

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Scope of the Report:

Metagenomics Market, by Offering

• Consumables
• Instruments
• Software & Services

Metagenomics, by Technology

• 16S Sequencing
• Shotgun Metagenomic Sequencing
• Whole Genome Sequencing
• Other Technologies

(Note: Other technologies include targeted microbial sequencing, meta transcriptome sequencing, and pyrosequencing.)

Metagenomics, by Application

• Environmental Applications
• Clinical Diagnostics
• Drug Discovery
• Biotechnology
• Other Applications

(Note: Other applications include food & nutrition, agriculture & soil health, marine microbiomes, and extremophiles.)

Metagenomics Market, by Geography

North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), Latin America, and the Middle East & Africa

Related Reports:

Next-Generation Sequencing (NGS) Market: Industry Outlook by Offering (Sample Preparation [DNA Extraction, Library Preparation, Automation], Systems, Bioinformatics, Sequencing Services) Application (Clinical, Research) End User ? Global Forecast to 2031

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NGS Library Preparation Market by Product (Kits, Reagents, Instruments), Sequencing Type (Genome, Exome, Targeted), Application (Diagnostics, Discovery), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic) ? Global Forecast to 2030

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Bioinformatics Market Size, Share, Forecast, & Trends Analysis By Solutions & Services (Knowledge Management, Sequence Analysis, Data Analysis) Application (Genomics, Metabolomics, Transcriptomics) Industry (Health, Agriculture) ? Global Forecast to 2031

https://www.meticulousresearch.com/product/bioinformatics-market-5731

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