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North America Genome Sequencing Market share will continue to expand steadily through 2030 | Illumina, Inc., Macrogen Inc

North America genome sequencing market is projected to grow by 11.5% annually in the forecast period and reach $10.77 billion by 2030, driven by the growing government funding to encourage genomics projects, the increasing of the incidence of the cancer and the increasing applications of next-generation sequencing, and the utilization of genomics in specialized or personalized medicine.

Highlighted with 23 tables and 49 figures, this 103-page report North America Genome Sequencing Market 2020-2030 by Product (Consumables, Sequencers & Software, Service), Technology (PCR, Sequencing, Microarray), Application, End User, and Country: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire North America genome sequencing market and all its sub-segments through extensively detailed classifications.

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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. North America genome sequencing market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while otherI private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).

In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porters Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America genome sequencing market in every aspect of the classification from perspectives of Product, Technology, Application, End User, and Country.

Based on Product
Sequencers & Software

Based on Technology
Polymerase Chain Reaction (PCR)
Nucleic Acid Extraction and Purification
Other Technologies

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Based on Application
o Oncology
o Reproductive Health
o Complex Disease Research
o Other Diagnostics
Drug Discovery and Development
Precision Medicine
Agriculture and Animal Research
Other Applications

By End User
Academic & Research Centers
Pharmaceutical and Biotechnology Companies
Consumer Genomic Service Providers
Government Institutes
Other End Users

Geographically, the following national/local markets are fully investigated:
South Korea
Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

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For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Product, Application, and End User over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players
Bio-Rad Laboratories, Inc.
F. Hoffmann-La Roche
Illumina, Inc.
Macrogen Inc.
Myriad Genetics, Inc.
New England Biolabs
Oxford Nanopore Technology
PerkinElmer Inc.
Siemens Healthineers
Thermo Fisher Scientific

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

Key Findings of The Study

Based on type, the contact kind phase generated the easiest income in 2018.

Based on the component, the transducer phase used to be the very best income contributor in 2018.

Based on end-users, the Healthcare phase is predicted to show off the best possible CAGR throughout the forecast period.

Based on region, North America contributed the absolute best market income in 2018, observed by way of Europe, Asia-Pacific, and LAMEA.

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Why Buy this Report?

Why Invest in the report?

In-Depth Research on the market.

Complete exploration of the market.

Study on market size, application, increase fee, and revenue.

Highlighted pleasant options for challenges that assist to decorate the business.

Pre and Post COVID-19 have an impact on the market plus healing of the market with true strategies.

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