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Bioinformatics Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis
Bioinformatics Market
Bioinformatics is the application of computer science and technology to the management of biological data. It encompasses a wide range of topics, from the identification and analysis of genes and their functions to the prediction of protein structures and the study of evolutionary relationships.
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Key Trends
Some of the key trends in bioinformatics technology include the following:
Increasing use of next-generation sequencing (NGS) technologies: NGS technologies are becoming increasingly popular in bioinformatics, as they allow for the rapid and cost-effective sequencing of genomes. This has led to a large increase in the amount of genomic data available for analysis.
Key Drivers
The key drivers of bioinformatics market are the increasing demand for personalized medicine, the need for early diagnosis of diseases, the rising incidence of chronic diseases, and the increasing government support for personalized medicine. Personalized medicine is a type of medicine that is tailored to the individual patient's genetic makeup. Personalized medicine is expected to revolutionize the treatment of disease and improve patient outcomes. The increasing demand for personalized medicine is one of the key drivers of the bioinformatics market.
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Market Segments
By Offering
• Knowledge Management Tools
• Bioinformatics Platforms
• Bioinformatics Services
By Application
• Metabolomics
• Molecular Phylogenetics
• Transcriptomics
• Proteomics
• Chemoinformatics & Drug design
• Genomics
• Others
By Sector
• Medical Bioinformatics
• Animal Bioinformatics
• Agriculture Bioinformatics
• Academics
• Others
Key Players
• Agilent Technologies Inc
• Biomax Informatics AG
• Dnanexus Inc
• Genedata AG
• Intrexon Bioinformatics Germany Gmbh
• illumine Inc,
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