Denmark Metagenomics Market Size & Outlook, 2024-2030
- Biotechnology
- Genomics & Genetic Engineering
- Metagenomics Market Outlook
- Genomics & Genetic Engineering
Global Market
Related Markets
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Denmark metagenomics market highlights
- The Denmark metagenomics market generated a revenue of USD 29.9 million in 2023 and is expected to reach USD 66.0 million by 2030.
- The Denmark market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, kits & reagents was the largest revenue generating product in 2023.
- Sequencing & Data Analytics Services is the most lucrative product segment registering the fastest growth during the forecast period.
Metagenomics market data book summary
| Market revenue in 2023 | USD 29.9 million |
| Market revenue in 2030 | USD 66.0 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Sequencing & Data Analytics Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Sequencing & Data Analytics Services, Software |
| Key market players worldwide | Bio-Rad Laboratories Inc, Illumina Inc, PerkinElmer, Thermo Fisher Scientific Inc, Novogene, Promega, Qiagen NV, Takara Bio Inc, Oxford Nanopore Technologies PLC, Roche Holding AG |
Other key industry trends
- In terms of revenue, Denmark accounted for 1.5% of the global metagenomics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany metagenomics market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 251.6 million by 2030.
Denmark has a Danish National Genome Center that enables genetic testing of at least 60,000 patients as part of providing more personalized treatment. The Danish initiative aims to deliver personalized medicine and genetic analyses directly to patients and provide precise diagnosis and treatment. Young people and children with rare diseases are the first to benefit from Danish genome center.
In June 2022, the Danish National Genome Center entered into a partnership with Life bit to deliver personalized medicine in the country. In January 2023, the Novo Nordisk Foundation contributed USD 144 million to launch the facility and conducted whole-genome sequencing for the initial 60,000 patients.
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Metagenomics Market Scope
Metagenomics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Roche Holding AG | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Takara Bio Inc | View profile | 1,793 | Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 | www.takara-bio.co.jp |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | www.perkinelmer.com |
| Novogene | View profile | 501-1000 | Beijing, Beijing, China, Asia | en.novogene.com/ |
| Promega | View profile | 5001-10000 | Madison, Wisconsin, United States, North America | www.promega.com/es |
| Oxford Nanopore Technologies PLC | View profile | 1,133 | Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, United Kingdom, OX4 4DQ | www.nanoporetech.com |
Denmark Metagenomics Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Metagenomics Market Outlook will help companies and investors design strategic landscapes.
Kits & Reagents was the largest segment with a revenue share of 61.54% in 2023.
Horizon Databook has segmented the Denmark metagenomics market based on kits & reagents, sequencing & data analytics services, software covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark has a Danish National Genome Center that enables genetic testing of at least 60,000 patients as part of providing more personalized treatment. The Danish initiative aims to deliver personalized medicine and genetic analyses directly to patients and provide precise diagnosis and treatment. Young people and children with rare diseases are the first to benefit from Danish genome center.
In June 2022, the Danish National Genome Center entered into a partnership with Life bit to deliver personalized medicine in the country. In January 2023, the Novo Nordisk Foundation contributed USD 144 million to launch the facility and conducted whole-genome sequencing for the initial 60,000 patients.
- Denmark Metagenomics Market Application Outlook (Revenue, USD Million , 2018-2030)
- Others
- Clinical Diagnostics
- Drug Discovery
- Biotechnology
- Environmental
- Food & nutrition
- Denmark Metagenomics Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Whole Genome Sequencing
- Shotgun Sequencing
- Others
- 16S Sequencing
- Denmark Metagenomics Market Product Outlook (Revenue, USD Million , 2018-2030)
- Sequencing & Data Analytics Services
- Kits & Reagents
- Software
- Denmark Metagenomics Market Workflow Outlook (Revenue, USD Million , 2018-2030)
- Pre-sequencing
- Sequencing
- Data Analysis
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark Metagenomics Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Denmark Metagenomics Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Denmark Metagenomics Market, 2018-2030 (US$M)
Denmark metagenomics market statistics, by application, 2018-2030 (US$M)
