"but I have heard if you are installing a 20a outlet, there should be no other devices running on this circuit and it should be dedicated."
It is best that any AC line feeding your audio equipment be dedicated (at least not shared with noise-generating appliances), but this is no more true of a 20 amp than a 15 amp line.
If you are in any doubt regarding the proper wiring requirements for your AC lines, consult a licensed electrician.
You didn’t ask, but I owned the Furman IT-Reference 20i and there are several other conditioners that offer much more sonic improvement FWIW.
Dave