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North America Metagenomics Market Forecast 2019-2027

Key Findings
North America is forecasted to hold the largest share by the year 2027 in the global metagenomics market and is growing at a CAGR of 14.63% during the forecasting years 2019-2027. The collaboration of large pharmaceutical companies is the key factor responsible for the significant growth of the market in the North America region.

Market Insights
Large pharmaceutical companies are collaborating to increase the range of innovative products in the market. The rise in diseases like cancer, neuro diseases and cardiovascular diseases is driving the metagenomics market in North America. The metagenomics industry thrives on the application like agriculture, biofuel, biotechnology, environmental remediation and infectious disease diagnosis.
The presence of government funding for ongoing research activities, diligent research, successful initiatives, accurate diagnostic procedures, improved healthcare facilities, constantly increasing geriatric population, epigenetics, advanced technological facilities are the key reasons for the growth of the market. In the United States, the metagenomics is used to study the changes in gene expression, which is useful in cancer diagnosis as well as in neuro and cardiovascular issues. Also, factors like increasing applications in non-oncology diseases is actively boosting the market.

Competitive Insights:
The metagenomics market is very dynamic and some of the companies operating in the market include Bio-Rad Laboratories Inc., Enterome SA, F Hoffman La-Roche Ltd, Qiagen NV, Swift Biosciences Inc., Pacific Biosciences of California, Agilent Technologies Inc., Interagen SA, Illumina Inc., Takara Bio Inc., Thermo Fisher Scientific Inc., Oxford Nanopore Technology and Perkin Elmer Inc.
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North America Metagenomics Market Forecast 2019-2027
Published By :Inkwood Research
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