Press release
Bioinformatics Market Report 2020: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2023 | Covid 19 Growth And Change
The global bioinformatics market is expected to grow from $8.9 billion in 2019 to $10.6 billion in 2020 at a compound annual growth rate (CAGR) of 19.9%. The growth of this market is mainly due to its promising benefits in showcasing the COVID 19 structure. Bioinformatics has helped in understanding the different effects of coronavirus on different people. This virus has created massive levels of uncertainty and knowledge for the virus. The market is then expected to recover and grow at a CAGR of 16.4% from 2021 and reach $16.7 billion in 2023.
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The bioinformatics market consists of sales of bioinformatics and related services. Bioinformatics combines computer programming, information engineering, mathematics, and statistics to analyze biological data for drug discovery and for preclinical studies.
Increasing demand for protein sequencing is driving growth in the bioinformatics market. Protein sequencing refers to the process of determining the sequence of amino acids in all or part of the proteins present in DNA, based on which specific functions, activities, origin or localization of the protein is determined.
Bioinformatics Market Segmentation: -
By Products and Serivces
1. Knowledge Management Tools
2. Data Analysis Platforms
3. Services
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By Application
1. Metabolomics
2. Molecular Phylogenetics
3. Transcriptomics
4. Proteomics
5. Chemoinformatics
6. Genomics
7. Others
Few Points From Table Of Content
1. Executive Summary
2. Bioinformatics Market Characteristics
3. Bioinformatics Market Size And Growth
4. Bioinformatics Market Segmentation
5. Bioinformatics Market Regional And Country Analysis
……
25. Bioinformatics Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Bioinformatics Market
27. Bioinformatics Market Trends And Strategies
28. Bioinformatics Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the bioinformatics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the bioinformatics market are Agilent Technologies, Illumina, QIAGEN, Affymetrix, Thermo Fisher Scientific, BGI, Dassault Systems, Eurofins scientific, Bruker Daltonics
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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