© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Digital Genome Market to reach $45bn by 2024: Fractovia.org

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  According to Global Market Insights, Inc., Digital Genome Market size is set to exceed USD 45 billion by  Digital genome market value will ascend rapidly propelled by the high speed and precision of human genome sequencing.  Government and private organizations have subsequently increased their funding to enhance the development of novel sequencing methodologies. This factor is expected to considerably stimulate the industry trends over the span of the next few years.  Academic research institute end use segment will register high growth rate over the coming seven years, primarily driven by the huge economical backing by investors for improvised services, instruments, and technological innovations.  Other end use segments in the digital genome market are bio-pharmaceutical companies, hospitals, and diagnostics & forensic labs. Key Insights of Digital Genome Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Research & development, microbiology, transportation, reproductive & genetic, and livestock & agriculture are the main application sectors of digital genome industry.  Microbiology application accounted for more than 22% of the overall market share in 2015 and will collect a revenue of more than USD 10 billion by 2024, owing to the growing demand for microbes across the biological, industrial, and clinical sectors.  Based on the products, digital genome industry primarily comprises sequencing & analysis software, sequencing and analyzer instruments, sequencing chip, sample prep instruments, and DNA or RNA analysis kits.  Sequencing & analysis software will register an annual growth rate of 9.8% over the period of 2016 to The growth can be attributed to the technological enhancements in myriad software suites.  Russia digital genome market collected a revenue of more than USD 290 million in 2015 and is predicted to grow lucratively over the coming seven years. Continued…

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