Bioinformatics Market Worth Value Size Share Growth Trends Forecast Industry Statistics | Valuates Reports

The Global Bioinformatics Market Size is expected to grow from USD 12.15324 Billion in 2018 to USD 32.75224 Billion by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 15.21%.

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"Increasing demand for nucleic acid and protein sequencing due to the reduction in sequencing cost and technological advancement is one of the factors largely attributing to the growth of the Global Bioinformatics Market "

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Bioinformatics is the science of storing, retrieving, and analyzing large amounts of biological information. It is a highly interdisciplinary field involving many different types of specialists, including biologists, molecular life scientists, computer scientists, and mathematicians.

This report provides a detailed quantitative analysis of the current bioinformatics market trends and bioinformatics market forecast estimations from 2018 to 2025, which assists in identifying the prevailing market opportunities.

TRENDS INFLUENCING THE BIOINFORMATICS MARKET

• Due to factors such as the increased need for integrated data, growing demand for nucleic acid & protein-sequence, as well as the rise in proteomics & genomics applications, the global bioinformatics market size is expected to expand considerably during the forecast period.

• The bioinformatics market is expected to deliver significant opportunities to bioinformatics solutions companies with the implementation of new technologies such as nanopore sequence (third-generation sequencing technique) and cloud computing.

• More and more R&D projects, such as the storage and analysis demand on the proteomic and genomic, are expected to support the growth of the bioinformatics market size.

• The implementation of user-friendly bioinformatics applications such as RasMol, AUTODOCK, and BALL for accurate and successful biomarker discoveries that aid in the identification of toxicity in the initial stage of the drug cycle is expected to drive the bioinformatics market size during the forecast period.

• The increasing utilization of technologies such as machine learning and AI in healthcare, along coupled with cloud-based Blockchain technology, is expected to increase the Global Bioinformatics Market size during the forecast period.

• However, factors such as the lack of trained staff to make proper use of bioinformatics tools and the lack of integration of a broad range of data produced by different platforms are expected to impede the growth of bioinformatics market size.

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BIOINFORMATICS MARKET SHARE ANALYSIS

In 2017 North America dominated the market, representing the highest share, and this trend is expected to continue during the forecast period. The increase in the use of advanced technology and the increase in the need for better bioinformatics tools are needed to develop and discover pharmaceuticals.
Due to advances in genomics and proteomics and a large amount of data to be interpreted and handled, the labor market in the Asia Pacific market is expected to expand at the highest CAGR during the forecast period.

BIOINFORMATICS MARKET SEGMENTATIONS

ON THE BASIS OF OFFERINGS, THE GLOBAL BIOINFORMATICS MARKET IS STUDIED ACROSS

• Bioinformatics Platforms
• Bioinformatics Services
• Knowledge Management Tools.

ON THE BASIS OF SECTOR, THE GLOBAL BIOINFORMATICS MARKET IS STUDIED ACROSS

• Chemoinformatics and Drug Design
• Genomics
• Metabolomics
• Molecular Phylogenetics
• Proteomics
• Transcriptomics.

SEGMENTS IN BIOINFORMATICS MARKET SIZE BASED ON TYPE

• Metabolomics

Metabolomics is the large-scale study of small molecules, commonly known as metabolites, within cells, biofluids, tissues or organisms. Collectively, these small molecules and their interactions within a biological system are known as the metabolome.

• Molecular Phylogenetics

Molecular phylogenetics the branch of phylogeny that analyzes genetic, hereditary molecular differences, predominately in DNA sequences, to gain information on an organism's evolutionary relationships.

• Proteomics

Proteomics is a rapidly growing field of molecular biology that is concerned with the systematic, high-throughput approach to protein expressionanalysis of a cell or an organism.

• Transcriptomics

Transcriptomics is the study of the transcriptome the complete set of RNA transcripts that are produced by the genome, under specific circumstances or in a specific cell using high-throughput methods, such as microarray analysis.

ON THE BASIS OF APPLICATION, THE GLOBAL BIOINFORMATICS MARKET IS STUDIED ACROSS

• Academic Institutes
• Biotechnologies
• Pharmaceutical Companies.

"Sophia Genetics the potential growing player for the Global Bioinformatics Market"

Key Companies:

• Sophia Genetics
• Biomax Informatics AG
• Thermo Fisher Scientific
• Waters Corporation
• Perkinelmer, Inc
• DNASTAR
• Partek Incorporated
• Agilent Technologies Inc
• Illumina Inc
• Eurofins Scientific
• WuXi NextCODE
• Accelrys Inc
• ABM Inc
• BGI Group
• QIAGEN Bioinformatics
• Others.

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COMPETITIVE ANALYSIS

Many pharmaceutical companies reduce budgets for drug development, shifting their emphasis from software outsourcing to in-house tools so that they can customize their applications to suit their needs and improve workflow performance. Furthermore, they involve attempts to include creative products and benchmarks in the global bioinformatics market.

Some of the top companies in the Bioinformatics market are:

• Thermo Fisher Scientific

Thermo Fisher Scientific provides complete end-to-end bioinformatics solutions for next-generation sequencing (NGS). It helps you move quickly through your sequencing workflow—from learning how to design custom assays online to monitoring, viewing, analyzing, and storing data.

• Perkinelmer

PerkinElmer, Inc. is an American global corporation focused on the business areas of diagnostics, life science research, food, environmental and industrial testing. Its capabilities include detection, imaging, informatics, and service.

• Chemoinformatics and Drug Design

Chemoinformatics is a relatively new principle of chemistry and is based upon the processing of data concerning chemical and molecular structures through the use of computational analysis.

THE REPORT ANSWERS QUESTIONS SUCH AS:

• What is the market size of the Bioinformatics Market in the Global?
• What are the factors that affect the growth in the Global Bioinformatics Market over the forecast period?
• What is the competitive position in the Global Bioinformatics Market?
• Which are the best product areas to be invested in over the forecast period in the Global Bioinformatics Market?
• What are the opportunities in the Global Bioinformatics Market?
• What are the modes of entering the Global Bioinformatics Market?

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