USA Genome Sequencing Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of USA Genome Sequencing market which consists of regional market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “USA Genome Sequencing Market Analysis, 2020”, the USA Genome Sequencing market is anticipated to grow at a considerable CAGR during 2020-25F on an account of bolstering investment in genomics medicine and rising partnerships among the market players to accelerate the adoption of genomics in order to support the increasing demand for clinical grade genomic information at lower cost.
Market Segmentation
Sequencing by Synthesis to Dominate
Based on Technology, Sequencing by Synthesis is estimated to dominate the market by 2025. The growth is attributed to it is widely used in sequencing protocol by many of the DNA sequencing platforms. Moreover, robust developments in technology are dramatically reducing costs is projected to promulgate the market growth of Genome Sequencing market in the near future as stated in the MarkNtel Advisors’ research report “USA Genome Sequencing Market Analysis, 2020”.
Academic & Government Research Institute Accounted the Substantial Market Share
Based on End User, Academic & Government Research Institute segment acquired the significant market share in 2019 as genome sequencing is widely used for practical implementation of data analysis in academic and government research institutes due to dominance of a large number of research and development projects.