Press release
Bioinformatics Market to grow based on digitized impertinence at a CAGR of 20.4%
According to a new market report published by Persistence Market Research "Global Market Study on Bioinformatics - Asia to Witness Fastest Growth by 2020," the global bioinformatics market was valued at USD 4,110.6 million in 2014 and is expected to grow at a CAGR of 20.4% from 2014 to 2020, to reach an estimated value of USD 12,542.4 million in 2020.
Get Going With Sample Of Bioinformatics Market Report! https://www.persistencemarketresearch.com/samples/2778
Globally, rising R&D expenditures and rising number of research activities has increased the demand for bioinformatics in the market. As a result, the market is expected to grow at a CAGR of about 20.4% from 2014 - 2020.
Some of the major companies operating in the global bioinformatics market :
Life Technologies
Illumina, Inc.
Agilent Technologies and Active Motif, Inc.
Bio-Rad Laboratories QIAGEN
Knome, Inc.
GE Healthcare
Quest Diagnostics
How About Re-Inventing The Methodical Wheel In The Bioinformatics Market? Switch Over To The "Methodology" Tab! https://www.persistencemarketresearch.com/methodology/2778
Some of the major drivers which help in increasing demand for bioinformatics are growing applications of bioinformatics in drug discovery and development, growing information technology applications in bioinformatics and rising need for integrated bioinformatics systems in proteomics and genomics.
Keeping A Tab On Key Players In The Bioinformatics Market? Go To "Purchase Now" To Decipher The Competitive Analysis In Our Bioinformatics Market Report! https://www.persistencemarketresearch.com/checkout/2778
Increasing bioinformatics support in the development of personalized medicines and clinical diagnostics also supports the growth of the bioinformatics market. However, lack of skilled and trained professionals and lack of interoperability among data formats are restraining the growth of the bioinformatics market. Rising number of merger and acquisition and new product innovation are some of the latest trends in the bioinformatics market.
North America is the largest market for the global bioinformatics due to rising number of R&D centers and advanced IT infrastructure. Some of the fastest growing markets for bioinformatics in North America are the U.S. Medical biotechnology is the largest sector-based market and is expected to grow at a CAGR of about 21.6% from 2014 to 2020. Genomics is the largest application based market and is expected to grow at a CAGR of 22.5% from 2014 to 2020.
The bioinformatics market in Europe is expected to witness moderate growth attributed to rising government initiatives, advanced IT infrastructure, and rising number of research bases activities. However, Asia is the fastest growing bioinformatics market. Rising R&D investments and improvement in IT infrastructure are some factors driving the growth of the bioinformatics in the Asia market.
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/bioinformatics-market.asp
The bioinformatics market is segmented as follows:
Bioinformatics market, by sector
Medical biotechnology
Gene therapy
Academics
Animal biotechnology
Agriculture biotechnology
Environmental biotechnology
Forensic Biotechnology
Others
Bioinformatics market, by application
Genomics
Chemoinformatics and Drug Discovery
Proteomics
Transcriptomics
Metabolomics
Molecular phylogenomics
Others
Bioinformatics market, by tools and services
Bioinformatics content/knowledge management tools
Bioinformatics platform
Bioinformatics services
Bioinformatics market, by geography
North America
Europe
Asia
Rest of the World
Related Reports:
Non-invasive Prenatal Testing (NIPT) Market - https://www.persistencemarketresearch.com/market-research/non-invasive-prenatal-testing-nipt-market.asp
Healthcare Clinical Analytics Market - https://www.persistencemarketresearch.com/market-research/healthcare-clinical-analytics-market.asp
Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
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 Bioinformatics Market to grow based on digitized impertinence at a CAGR of 20.4% here
News-ID: 2634143 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Bioinformatics
Bioinformatics Platforms Market Size Analysis by Application, Type, and Region: …
According to Market Research Intellect, the global Bioinformatics Platforms market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The bioinformatics platforms market is witnessing robust growth, fueled by the rising demand for advanced data analytics in…
Bioinformatics Market - Pioneering Solutions for Personalized Healthcare: Bioinf …
Newark, New Castle, USA: The "Bioinformatics Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Bioinformatics Market: https://www.growthplusreports.com/report/bioinformatics-market/7618
This latest report researches the industry structure, sales, revenue, price and…
Bioinformatics Market - Analyzing Complexity, Unleashing Potential: Elevating Re …
Newark, New Castle, USA - new report, titled Bioinformatics Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Bioinformatics market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Bioinformatics market. The report offers an overview of the market, which briefly describes the…
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…
