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Global Bioinformatics Market At A CAGR Of 16.5% Growth, Trends And Absolute Opportunity Up To 2026| Illumina Inc. (US), Agilent Technologies, Inc. (US), QIAGEN (Netherlands), BGI (China)

02-25-2020 01:46 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Bioinformatics Market

Global Bioinformatics Market

Global Bioinformatics Market is expected to reach USD 26.33 billion by 2026 from USD 7.76 billion in 2018, at a CAGR of 16.5% in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Bioinformatics market report delivers a detailed study with present and upcoming opportunities to simplify the future investment in the market. With a formalised and managerial approach, marketing research has been performed in this Bioinformatics report to offer the best solution. These problems are from different functional areas of marketing and include consumer behaviour, product, sales, distribution channel, pricing, ad and physical distribution. Moreover, this Bioinformatics market report also makes available strategic profiling of key players in the ABC industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

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Few of the major competitors currently working in the bioinformatics market are Thermo Fisher Scientific (US), Illumina Inc. (US), Agilent Technologies, Inc. (US), QIAGEN (Netherlands), BGI (China), Wuxi NextCODE (China), Eurofins Scientific (Luxembourg), Waters Corporation (US), Sophia Genetics (Switzerland), Partek (US), DNASTAR (US), Dassault Systčmes (France), DNAnexus, Inc. (US), Genebio (Switzerland), ASEBIO (Spain), PerkinElmer Inc. (US), abm Inc.(Canada) a few among others.

Key Developments in the Market:

In April 2019, The HANS-GINS Indxx Healthcare Innovation Ucits ETF will focus on developments in sectors including bioinformatics, bioengineering, genome sequencing, healthcare trackers, nanotechnology, neuroscience, robotics and medical devices.
In March 2017, Agilent Technologies Inc. introduced its first comparative genomic hybridization (CGH) assay which will be used for diagnostic purposes: the GenetiSureDx Postnatal Assay. This will help the clinical geneticists to detect genetic anomalies early with more accuracy as compared to than traditional methods.

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Market Drivers

Increasing government initiatives and funding will drive the growth of the market.
Growing use of bioinformatics in drug discovery and bio-markers development processes.

Market Restraints

Shortage of trained research personnel required for proper use of bioinformatics toolsis expected to act as a restraint to the market growth.
Non-availability of platforms to integrate large data sets produced by bioinformatics is expected to offset the growth of this market.

Segmentation: Global Bioinformatics Market

By Product Type

Sequencing platforms
Sequence Analysis Platforms
Sequence Alignment Platforms
Sequence Manipulation Platforms
Structural Analysis Platforms
Others
Knowledge management tools
Generalized Knowledge Management Tools
Specialized Knowledge Management Tool
Bioinformatics software.

By Industry

Molecular medicine
Drug development
Clinical diagnostics
Agriculture
Forensic
Animal
Academics and research
Environmental and gene therapy

By Sector

Medical biotechnology
Drug discovery & development
Clinical diagnostics & precision medicine
Reproductive health
Academics
Animal biotechnology
Agricultural biotechnology
Environmental biotechnology
Forensic biotechnology.

By Applications

Preventive medicine
Molecular medicine
Genomics & Drug development
Chemoinformatics and drug design
Proteomics
Transcriptomics
Metabolomics
Transcriptomics
Other biotechnological applications

By Services

Data integration
Data analysis
Structural
Functional
Sequencing

By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Get Full Table Of content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-bioinformatics-market

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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