Bioinformatics Market to Observe Strong Development of 19.8% CAGR by 2023 | Global Key Players – Illumina, Qiagen NV, Agilent Technologies, PerkinElmer, ABM, Accelrys

Marketprognosis.com Publish a New Market Research Report On “Global Bioinformatics Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Bioinformatics Market:

The Global Bioinformatics Market is expected to register a CAGR of 19.8% during 2018-2023 (the forecast period).

Bioinformatics is the application of computational technology to gather, store, analyze, and integrate biological data. This data is used to procure information that can be applied to gene-based drug discovery and development, protein structure studies, and in order to determine the therapeutic efficacy of drugs.

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With the completion of the Human Genome Project (in 2001) and the Human Proteome Project, a vast amount of data has generated, which has given a new dimension to the profiling of proteomic and genomic analyses. The data generated, out of these projects, has driven the growth of the global bioinformatics market, due to the growing demand for tools and platforms for data management, data retrieval, sequence alignment, structure prediction, and other bioinformatics applications.

A large amount of genomic and proteomic data, generated through various sequencing and structure prediction methods, are highly complex. The complexity of the generated data ranges from missing values to excess unwanted information. Data dissemination has been a major challenge for the growth of the bioinformatics market.

The Bioinformatics Market has been segmented on the basis of technology, application, end user, and geography. By geography, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

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Major Key Players:

1 Illumina Inc.

2 Life Technologies (Thermo Fischer Scientific)

3 Qiagen NV

4 Agilent Technologies

5 PerkinElmer

6 ABM

7 Accelrys Inc.

8 Geneva Bioinformatics SA and More…………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Bioinformatics Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.