Global Bioinformatics Market Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow

The global Bioinformatics Market is expected to be valued at US$9.1 bn by the end of 2018. It is shown to expand at a positive CAGR in a research report released by Transparency Market Research. The report, titled “Global Bioinformatics Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” talks about the key factors that have and will influence this market for the given forecast period.

Browse Full Global Bioinformatics Market (By Platforms, Tools and Services and By Applications: Preventive Medicine, Molecular Medicine, Gene Therapy Drug Development and Others) - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 Report at @ https://www.transparencymarketresearch.com/bioinformatics-market.html

Bioinformatics is the management of information generated from R&D efforts combined under biopharmaceuticals, life sciences, and biotechnology. It applies computer technology to compile and store the data, which can later be analyzed and integrated with other biological and genetic data. The key reason for the foundation as well as the proliferation of the global bioinformatics market is the massive amounts of data generated in the Human Genome Project. This data was made public and gave rise to the need for bioinformatics.

Sample With Latest Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=656

The current growth rate of the global bioinformatics market is supported by the latest advancements by research organizations in the study of genetics. It was estimated that the amount of genetic data entries would double every 15 years. With the perceived sum being too large to be supported by current data entry programs, players are beginning to accelerate the development rates on bioinformatics.

In terms of applications, the global bioinformatics market was dominated by the molecular medicine segment in 2013. The report expects the segment of bioinformatics drug development to exhibit the fastest growth rate during the forecast period of 2014 to 2020.

The global bioinformatics market is segmented based on platforms, services, and tools. The global bioinformatics market was led by the segment of bioinformatics platforms in 2013. On the other hand, the segment of bioinformatics services is likely to grow the fastest during the forecast period of the report.

Browse Our Press Releases For More Information @ https://www.transparencymarketresearch.com/pressrelease/bioinformatics-market.htm

Geographically, the report put North America at the top of the global bioinformatics market as this region held the largest share in the market in 2013. It was followed by Europe in terms of developments and market revenue. Bioinformatics has thrived in both the regions due to the high investment rates in research and development efforts, a faster rate of implementation of newer technologies, an already advanced scientific and regulatory framework, and an economy developed enough to support this field. At the same time, Asia Pacific is also showing the promise of being a lucrative market for bioinformatics in the near future, owing to rapidly evolving infrastructure in scientific fields, the improvements in government and private funding, and the rising literacy and awareness rates.

Within the report’s forecast period, Latin America is expected to show a faster rate of development in bioinformatics than the Rest of the World region.

Browse Our Full Report @ https://www.transparencymarketresearch.com/bioinformatics-market.html

The key players in the global bioinformatics market are Illumina, Inc., ID Business Solutions, Ltd., Life Technologies Corporation, GenoLogics Life Sciences Software, Inc., CLC bio A/S, Agilent Technologies, Inc., Affymetrix, Inc., and Accelrys, Inc.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

This release was published on openPR.