North America will Dominate Proteomics Market in 2019 - 0 views
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market reports on 03 Jul 15North America dominated the market in 2013 and will continue to drive and dominate it by 2018. However, the market share of this region will decrease to 34.5%, primarily due to the sequestration cuts announced in the U.S., which have resulted in lower investments from the government in research activities supporting proteomics. At the same time, Asia and Latin America are poised to grow at a CAGR of 17% to 22% in the forecast period; this growth is largely driven by the growing research base in these regions and the increasing pharmaceutical research related to drug discovery and drug development, and diagnostics product development activities in these regions.