Press release
The Bioinformatics Market Grows Incredibly; Confirms Mrfr Unleashing Industry Prognostications Up To 2022
According to Market Research Future (MRFR), the global bioinformatics market is projected to register CAGR of 19.8% from 2016 to 2022 (forecast period).
Bioinformatics is a combination of biology and information technology that combines biological data with information storage, distribution, and analysis techniques to support multiple areas of scientific research, including biomedicine. It uses software tools for data storage, database creation, data management, data mining, etc. The mining of these data contributes to scientific findings that are used in the study of genetics and genomes. Several bioinformatics tools are available on the market. They are categorized as functional protein & analysis tools, homology & similarity tools, sequence analysis tools, and various tools. The field encompasses a number of advanced and specialized areas of life, such as structural genomics, DNA microarrays, functional genomics, comparative genomics, medical information, and others. Such factors, therefore, help to increase the global market share of bioinformatics.
Get a FREE Sample with Complete TOC By Considering the COVID-19 impact on Global Market @ https://www.marketresearchfuture.com/sample_request/2265
Bioinformatics Market Dynamics
The growth of bioinformatics is accelerated by the growing use of information technology in the healthcare sector, along with robust technological advances. The use of information technology has made it easier to store, process, access, and retrieve data. In addition, the need for innovative treatment for many diseases and successful preventive approaches continues to increase. With an increasing demand for innovation in technologies used to treat a variety of diseases, many healthcare practitioners tend to concentrate on research and development projects. In addition, the rise in R&D activities has led to an increase in the generation of data, increasing the need for effective data management technology in the healthcare sector.
However, the lack of qualified personnel, common data formats, and lack of user-friendly tools at lower prices are estimated to hinder the market growth during the forecast period.
Bioinformatics Market Segmentation
The global bioinformatics market has been segmented into application, services and technology, and sector.
Based on the application, the global market for bioinformatics has been segmented into genomics, chemo-informatics, drug design, transcriptomics, molecular phylogenetics, proteomics, metabolomics, DNA sequences, and others. Genomics was the leading technology in 2013. Growing demand for pharmacogenomics in the drug development and sequence screening and implementation of technical developments aimed at handling vast sets of genomic data are key factors that account for the market share. Chemo-informatics is projected to rise steadily over the forecast period. Growing demand for biomarker discovery and production is the primary reason for projected growth over the forecast period. The transcriptomics segment is estimated to have the highest growth during the forecast period due to increased preference for companion diagnostics and personalized medicines.
Based on services and technology, the global market for bioinformatics has been segmented into data warehousing, sequence analysis, sequence manipulation, and others.
Based on sector, the global market for bioinformatics has been segmented into medical bioinformatics, animal bioinformatics, agriculture bioinformatics, and others.
Bioinformatics Market Regional Analysis
The global bioinformatics market has been segmented into the Americas, Asia Pacific, Europe, and the rest of the world.
The Americas is the largest bioinformatics market in the world. Heavy investment in research and development, high adoption of new and advanced technology, well-structured regulatory outlines, and the prevalence of advanced technology are factors driving market growth in the regions.
Europe is projected to be the second-largest market over the forecast period.
The Asian Pacific market is anticipated to be the fastest-growing market for bioinformatics.
Bioinformatics Market Key Players
Some of the significant participants in the global bioinformatics market are Agilent Technologies, QIAGEN N. V, and Thermo Fisher Scientific Inc., Illumina, Inc., Dassault Systèmes, QIAGEN, and others.
Obtain Premium Research Report Details, Considering the impact of COVID-19 @ https://www.marketresearchfuture.com/reports/bioinformatics-market-2265
Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
This release was published on openPR.
Permanent link to this press release:
Copy
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 The Bioinformatics Market Grows Incredibly; Confirms Mrfr Unleashing Industry Prognostications Up To 2022 here
News-ID: 2095077 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Bioinformatics
Bioinformatics Market: Increasing Funding and Investments in Bioinformatics
In the field of genetics and genomics, bioinformatics aids in sequencing and annotating genomes. Bioinformatics plays a key role in the analysis of gene and protein expression and regulation. Bioinformatics tools aid in the comparison of genetic and genomic data and, more generally, in the understanding of evolutionary aspects of molecular biology. The role of human genomics research and related biotechnologies has the potential to achieve several public health goals,…
Bioinformatics Market: Increasing Funding and Investments in Bioinformatics
In the field of genetics and genomics, bioinformatics aids in sequencing and annotating genomes. Bioinformatics plays a key role in the analysis of gene and protein expression and regulation. Bioinformatics tools aid in the comparison of genetic and genomic data and, more generally, in the understanding of evolutionary aspects of molecular biology. The role of human genomics research and related biotechnologies has the potential to achieve several public health goals,…
Bioinformatics Market Research Report 2022 | AFFYMETRIX, INC., GENEVA BIOINFORMA …
Global Report on Bioinformatics Market Size, Status, Growth and Forecast 2021-2027.
The " Bioinformatics Market " research report is a valuable source of agile information for business methodologies. It provides an overview of the Bioinformatics industry, providing development research and definitive future value, income, market size, and supply and demand data (if applicable). The exam experts give you a point for each chain and retailer research of significant value. This market study provides extensive information to…
Bioinformatics Market 2026 | Eurofins Scientific, Affymetrix, Sophia Genetics, A …
Bioinformatics is a hybrid science or an interdisciplinary field that develops methods and software tools for understanding biological data. It links biological data with techniques for information storage, distribution, analysis to support scientific research, including biomedicine. The data is used to procure information that can be applied to gene-based drug discovery and development, protein structure studies, and to determine the therapeutic efficacy of drugs. Typical uses of bioinformatics include the…
Bioinformatics Market | Bioinformatics Platforms to Lead Market
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.
A report by Transparency Market Research projects the global bioinformatics market’s worth to be around US$9.1 bn by 2018-end.
View…
Bioinformatics Services Global Market 2018: Key Players – Qiagen Bioinformatic …
Bioinformatics Services Industry
Description
Wiseguyreports.Com Adds “Bioinformatics Services -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2026” To Its Research Database
Global Bioinformatics Services Market is accounted for $1.30 billion in 2017 and is expected to reach $5.67 billion by 2026 growing at a CAGR of 17.8% during the forecast period. Factors such as rising public-private sector funding for bioinformatics services, increasing applications of bioinformatics in different industries and…
