Bioinformatics Market 2028 is booming worldwide | Illumine, Perknelmer, Qiagen, Thermofisher Scientific

Bioinformatics is an amalgamation of biology and information technology, which uses software to link biological data with techniques for information storage, distribution and analysis to support multiple areas of scientific research, including biomedicine.

The Bioinformatics Market is anticipated to grow in the forecast period owing to driving factors such as rise in need for integrated data, growing demand for nucleic acid & protein sequencing due to reduction in sequencing cost, increase in application of proteomics & genomics, drug discovery & development and initiatives from government and private organization. Nevertheless, lack of skilled work force, common data formats and lack of user friendly tools at cheaper prices are projected to hamper the market growth during the forecast period.

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The Prominent/Emerging Players in the Bioinformatics Market Research include:

Agilent Technologies, Inc
Biomax Informatics Ag
Broker Corporation
Dassault Systems
Eurofins Scientific
Geneva Bioinformatics
Illumine
Perknelmer
Qiagen
Thermofisher Scientific

The global Bioinformatics Market is segmented on the basis of Product, Application and Sector. Based on Product the market is segmented into Knowledge Management Tools, Bioinformatics Platforms and Bio informative Services. Based on Application the market is segmented into Genomics, Chemo informatics & Drug Design, Proteomics, Transcriptomics, Metabolomics and Others. Based on Sector the market is segmented into Medical Biotechnology, Academics, Animal Biotechnology, Agricultural Biotechnology, Environmental Biotechnology, Forensic Biotechnology and Others.

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This release was published on openPR.