Bioinformatics Market | Bioinformatics Platforms to Lead Market
A report by Transparency Market Research projects the global bioinformatics market’s worth to be around US$9.1 bn by 2018-end.
View Report -
The global market for bioinformatics has been segmented broadly into platforms, content management, and services by the report. They are all commercially available for sorting the data accumulating form research and development projects by leveraging bioinformatics. Among them, the bioinformatics platform comprising of sequence alignment platforms, sequence manipulation platforms, structural analysis platforms, and sequence analysis platforms is leading vis-à-vis consumption. This is because of their growing application in the process of research and development for drug discovery. Geographically, North America leads the market on account of the huge allocations towards cutting-edge research and development, swift uptake of latest technologies, and a well etched out regulatory framework in place.
Bioinformatics finds application in managing the data emanating from research and development in the domain of life science, biopharmaceutical, and biotechnology. Its market has been seeing a steady upswing owing to the increasing usage of IT applications in the domain of healthcare sector to store, process, access, and retrieve data. Besides, the pressing need to treat several diseases effectively alongside the demand for preventive solutions are also having a positive impact on the market. Growing thrust on research and development has been a major catalyst too.
Request to View Sample of Report -
Bioinformatics finds usage in preventive medicine, molecular medicine, drug development, and gene therapy. Currently, the molecular medicine is stoking their demand majorly. They also find usage in genetic research for antibiotic resistance, veterinary science, and microbes. All these are decidedly impacting their market positively.
Elaborates the lead analyst of our report, “The growth in the worldwide market for bioinformatics market is being propped up by the solid progress in the study of genetics. As per estimates, the volume of genetic data entries would rise twofold every 15 years. And with the total amount of generated data being too large to be supported by the present data entry programs, savvy companies are seen resorting to more advanced models of bioinformatics.”
Request to View Brochure of Report -
At present, developed geographies of Europe and North America are where most of the development in the bioinformatics has occurred. This is because of the huge amounts allocated for research and development and swifter deployment of newest technologies. However, key players have also set their gaze upon Asia Pacific with its fast developing infrastructure in scientific fields, the improvements in government and private funding, and the rising literacy and awareness rates.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bioinformatics Market | Bioinformatics Platforms to Lead Market here
News-ID: 1419610 • Views: 185
More Releases from Transparency Market Research
Fuel Dispenser Market - Global Industry Analysis, Size, Share, Growth, Trends, a …
Albany, NY - Fuel Dispenser Market: Introduction In terms of value, the global fuel dispenser market is expected to reach ~US$ 2 Bn by 2030, expanding at a CAGR of ~4% during the forecast period. Based on volume, the global fuel dispenser market is estimated to reach 662,058 units by 2030, expanding at a CAGR of ~4% during the forecast period. In terms of type, the submersible system segment holds leading
Brazil Flavored and Functional Water Market Outlook, Gains Traction, Analysis An …
According to the report, the market will exhibit an impressive CAGR of 7.3% during the projection period. With this rate of growth, by the end of 2024, the market will be valued around US$9.4 bn. It is a considerable growth from the initial valuation recorded at US$5 bn in 2015. A new report by Transparency Market Research expects the Brazil flavored functional water market to grow at considerable pace over
Advantame Market Trends , Incredible Growth Opportunities, Volume, Value Growth …
Increasing health issues among the population led to an increase in the demand for non-caloric sweetener. In the global food and beverage market, the demand for advantame is on rising owing to its non-caloric sweetener properties. Advantame is one of the most recent, high potency low-calorie sweeteners to arrive in the food and beverage market with clean sugar-like the taste. The rising consumption of unhealthy/ comfort sugary food with high calories
Trends in the Feed ingredients - Outlook, Share and Opportunities in Grooming Re …
Escalating demand for high nutritional value meat is one of the major factor driving the growth of global feed ingredients market. In the global meat products market, safety is one of the major concern among meat manufacturers owing to stringent rules laid by government organizations during the handling, procurement, processing, storage, and distribution of animal products. The inclusion of high nutritive value feed ingredient into animal feed results in more
More Releases for Bioinformatics
Bioinformatics Market - The Employment of Information Technology
Prominent participants in the global market for bioinformatics include ID Business Solutions, Ltd., Illumina, Inc., GenoLogics Life Sciences Software, Inc., Affymetrix, Inc., Life Technologies Corporation, Agilent Technologies, Inc., CLC bio A/S, and Accelrys, Inc. In order to march ahead, they are seen investing heavily in research and development of more cutting-edge products. Obtain Report Details @ https://www.transparencymarketresearch.com/bioinformatics-market.html The global market for bioinformatics has been segmented broadly into platforms, content management, and services
Bioinformatics Market Trends And Forecast 2023
Market Overview: Bioinformatics market is valued around USD 9.36 billion in 2018 and predicted to be developing at a CAGR of 19.1%, to attain USD 22.43 billion by 2023. Bioinformatics involves the development and storage technique that helps in organizing, analyzing, and retrieving biological information. The development in bioinformatics would assist with numerous applications consisting of drug discovery and improvement, gene therapy, molecular medicine, preventive medicines, personalized drug treatments, and so
Bioinformatics Market : Moving Towards Brighter Future
The bioinformatics sector market is segmented based on medical bioinformatics, animal bioinformatics, agriculture bioinformatics, academics and others. The medical bioinformatics was and is projected to remain as the leading revenue generating market segment through 2020. The plunge would be due to the widespread application in preventive medicine, gene therapy and drug discovery & development using bioinformatics tools. The academics sector is forecast to be the potential segment, which is expected
Global Bioinformatics Market | MarketResearchReports.biz
Latest industry research report on: Global Bioinformatics Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Bioinformatics is the combination of biology and information technology. It is used widely in the management of biological information in the field of medical, research and developments of drugs. It uses computer software tools for database creation, data management, data warehousing, data mining and communication networking. Complete Report Details @https://www.marketresearchreports.biz/reports/320888/global-study-on-bioinformatics-market-research-reports Bioinformatics
Global Bioinformatics Market Outlook 2022
ReportsWorldwide has announced the addition of a new report title Global Bioinformatics Market Outlook 2022to its growing collection of premium market research reports. Bioinformatics is the application of computational techniques to analyze the information associated with biomolecules on a large-scale. It has now firmly established itself as a discipline in molecular biology, and encompasses a wide range of subject areas from structural biology, genomics to gene expression studies. The increasing application
Bioinformatics Market Outlook to 2015
RNCOS has recently added a new Market Research Report titled, “Bioinformatics Market Outlook to 2015” to its report gallery. During the past decade, the bioinformatics market has significantly evolved across the globe on back of rising genomics industry. The increasing application of genomics in biotech and pharmaceutical research and development has created a huge commercial market for bioinformatics worldwide. As per our latest research report’s estimation, the global bioinformatics market,