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Bioinformatics Software for Predictive Modeling and Expression Analysis Market to 2024 Size, Share & Trend | Industry Analysis Report

03-13-2018 11:43 AM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Bioinformatics Software for Predictive Modeling

Bioinformatics is a branch of science that uses technology to collect vital information pertaining to the bioengineering, biology, and biotechnology domain to present a logical analysis. To perform the analysis it uses various software tools, which are specifically designed for generating a biology analysis termed as bioinformatics software. Today, these tools are being used for creating predictive modeling and expression analysis of various genes and phenotypes. Adoption of bioinformatics software tools has significantly reduced the technical burden, introduced accuracy, and enabled efficiency in the scientific research is conducted.

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The research report by Transparency Market Research has been compiled with deliberation and meticulous assessment of various factors. With primary and secondary research methodologies used to compile the overall report, the publication offers a thorough understanding of the global bioinformatics software for predictive modeling and expression analysis. The report includes comments and recommendations by expert market leaders, which are aimed at helping the readers make well-informed business decisions.

The sudden drop in the prices of gene sequencing and the subsequent rise in the demand for gene expression and predictive modeling has led to the emergence of bioinformatics software for predictive modeling and expression analysis. The market is also thriving due to the emerging trend of outsourcing bioinformatics services and the superb technological advancements in the corresponding field. The entry of several new players who are taking up contracts of delivering bioinformatics services along with offering value added services has given the global market tremendous boost. The growth of the pharmaceutical industry and the evolution of healthcare industry have been the very turning points for the global bioinformatics software for predictive modeling and expression analysis.

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In terms of geography, the global market is segmented into North America, Asia Pacific, Rest of the World, and Europe. Currently, North America holds a leading share in the bioinformatics software for predictive modeling and expression analysis market. The region is expected to assert its dominance in the coming years due to the well-established healthcare infrastructure, higher acceptance of technological advancements, and increasing investments in the development of software tools. Furthermore, increasing awareness amongst healthcare professionals about advantages of deploying bioinformatics software for predictive modeling and expression analysis is also expected to fuel the rise of the regional market in the near future. Europe trails this lead quite closely for similar reasons and is expected to remain a steady contributor to the rising revenue of the global market in the coming years.

The prominent players operating in the global bioinformatics software for predictive modeling and expression analysis market are SmartGene Services SARL, Accelrys, Inc., Affymetrix, Inc., Agilent Technologies Inc., Biobase GmbH, Cartagenia N.V., CLC bio A/S, DNASTAR, Inc., PerkinElmer, Inc., GenoLogics Life Sciences Software Inc., Illumina, Inc., Genedata AG, Genomatix Software GmbH and Molecular Networks GmbH.

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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. TMR’s experienced team of analysts, researchers, and consultants, use 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, chemicals, 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, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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