What Is The Growth Outlook For Bioinformatics Market?

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According to the MarketsandMarkets, the Global Bioinformatics Market size is estimated to grow at a CAGR of 15.2% by 2026.

Market Definition

Bioinformatics is gaining importance, as huge amounts of data created through techniques like protein and nucleic acid sequencing require data interpretation and management for medical purposes and future research.

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 Top Key Players are covered in this report:

The key players have a strong foothold in the market and offer a wide range of products & services. Some of the key players in this market are Thermo Fisher Scientific, Inc. (US), Eurofins Scientific (Luxembourg), QIAGEN N.V. (Netherlands), Agilent Technologies, Inc. (US), and Illumina, Inc. (US), Waters Corporation (US), DNASTAR (US), NeoGenomics Laboratories (US), Perkin Elmer, Inc. (US), GENEWIZ (US) and BGI Group (China) Waters Corporation (US), DNASTAR (US), NeoGenomics Laboratories (US), Perkin Elmer, Inc.

The report divides the Bioinformatics market by application. By region, by type, and by end ...
... user. Each segment of the market is examined broadly to deliver trustworthy knowledge for market investments. The Bioinformatics research report reveals the current market norms, latest important revolutions of outcomes, and market players. Hence, this research report will help the customers in the global market plan their next future towards the environment of the markets future.

It additionally discusses about the market size and growth parts of different Segments. Studying and analyzing the impact of Coronavirus COVID-19 on the Bioinformatics industry, the report gives an in-depth analysis and expert suggestions on how to face the post COIVD-19 period. This market research study presents actionable market insights with which environmental and profitable business approaches can be created.

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Regional Assessment: Global Bioinformatics Market

North America dominated the bioinformatics market, with a share of 45.0% in 2020, followed by Europe and Asia Pacific. The large share of North America in the global bioinformatics market can be attributed to factors such as government support for genomic research, presence of leading bioinformatics providers, decreased cost of sequencing, increased awareness of bioinformatics services, and increased number of genomic research activities (and the corresponding adoption of bioinformatics) in the region are driving the growth of the bioinformatics market in North America.

This report categorizes the primary cells market into the following segments and subsegments:

By Product & Services

Knowledge Management Tools
Bioinformatics Platforms
Bioinformatics Services

By Application

Genomics
Chemoinformatics & Drug Design
Proteomics
Transcriptomics
Metabolomics
Other Applications

By Sector

Medical Biotechnology
Animal Biotechnology
Plant Biotechnology
Environmental Biotechnology
Forensic Biotechnology
Other Sectors

By Region

North America
Europe
Asia
Rest of the World

What Information does this report contain? 

Historical data coverage: 2017 to 2021; Growth Projections: 2026. 

Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT. 

6-7 year performance forecasts: major segments covering applications, top products and geographies. 

Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects. 

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