Report ID: SQMIG35J2091
Report ID:
SQMIG35J2091 |
Region:
Global |
Published Date: December, 2024
Pages:
219
|
Tables:
90 |
Figures:
76
North America dominates the global microbiome sequencing services market due to its strong research infrastructure, advanced technological capabilities, and substantial investments in biotechnology and healthcare sectors. The region consists of prominent colleges, research institutes, and biotechnology companies that advocate for, and carry out, microbiome research, respectively especially in the region of genomics and personalized medicine. Additionally, there is a sound regulatory framework already in place in North America enabling the operations of marketing advanced sequencing technologies. In addition, high levels of healthcare awareness, increase in the need for personalized medicine and growth in government funding for research regarding microbiome are also contributing to the dominance of North America in microbiome sequencing services market.
Europe is the fastest-growing region in the global microbiome sequencing services market due to increasing investment in biotechnology research, advancements in sequencing technologies, and a strong emphasis on personalized healthcare. The region has seen significant growth in microbiome research, particularly in the regions of disease prevention and treatment, due to collaborative efforts among academic institutions, research organizations, and private companies. Furthermore, policies set in place by the government that enhance scientific studies and healthcare inventions are contributing to the growth of the market. Europe’s strategies of embedding microbiome data in clinical practice are already yielding results and coupled with rising healthcare awareness are bound to propel the region to a boom in microbiome sequencing services.
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Report ID: SQMIG35J2091