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Bioinformatics Market Size 2021 | Key Drivers, Opportunities, and Industry Insights

ReportCrux Market Research
Bioinformatics Market Size 2021 | Key Drivers, Opportunities, and Industry Insights

Bioinformatics Market Size

Bioinformatics Market is estimated to grow from USD 8.15 Billion in 2019 to reach USD 24.51 Billion by 2027, at a CAGR of 14.8% during the forecast period from 2020-2027.

Increasing research and development activities for protein and nucleic acid sequencing as a result of technological advancements and cost reduction, growth in use of bioinformatics tools in large number of applications such as personalized medicines, clinical diagnostics, drug discovery, proteomics etc. and favorable government funds/grants for bioinformatics research, increasing numbers of strategic ollaborations between research institutes and biopharmaceutical companies are factors driving the growth of bioinformatics market.

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Bioinformatics Companies

Here are 13 of the best Bioinformatics Companies analysis

• Eurofins Scientific

• Thermo Fisher Scientific

• Illumina

• Qiagen Bioinformatics

• Perkinelmer, Inc.

• Agilent Technologies

• Waters Corporation

• Dnasta

• Sophia Genetics

• Biomax Informatics AG

• Partek

• Beijing Genomics Institute (BGI)

• Wuxi Nextcode among others

Market Overview

The market report covers a basic overview of the market from the industry perspective. This will help the reader to get a gist about different industry dimensions from a manufacturer’s view. The report divides the market into different sections and is comprised of market revenue (value) by segments.

The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global Bioinformatics market share along with its growth rate in different regions and countries.

Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.

Various drivers, restraints and opportunities in the Bioinformatics market are analyzed in detail in the report. Key drivers that make the overall market grow are discussed thoroughly, along with its impact on the sales of different product types. Report also features restraining factors that are likely to restrain the market growth. As well, different opportunities which will propel the market in future and bring new growth avenues for major market players are discussed in detail. This will help in understanding the overall dynamics prevailing in the historic as well as in coming years.

Apart from this, the report covers various collaborations, mergers and acquisitions, regional expansions, new product launches and product pipelines for the key players involved in the market.

Segmentation and Geographical Analysis

The report describes in detail market segmentation by dividing the market based on its Products and Services, Application, End Use Sector and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.

Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.

Based on the Products and Services, the global market is segmented into Bioinformatics Platforms, Knowledge Management Tools and Bioinformatics Services. Bioinformatics Platforms segment is sub-divided into Database Management Services, Data Analysis Services and Other Bioinformatics Services.

Knowledge Management Tools segment is sub-categorized into Specialized and Generalized Knowledge Management Tools. Bioinformatics Services are sub-categorized into Database Management Services, Data Analysis Services and Other Bioinformatics Services. Based on the Application, the global market is segmented into Genomics, Proteomics, Drug Design and Chemoinformatics, Metabolomics, Transcriptomics and Other Applications.

Based on the End Use Sector, the global market is segmented into Medical Biotechnology, Animal Biotechnology, Academics, Agricultural Biotechnology, Forensic Biotechnology, Environmental Biotechnology and Others. Trend analysis for all the segments is provided in detail in the report.

Market is divided regionally and by country level into North America (U.S. Canada & Rest of North America), Europe (U.K., Germany, France, Italy, Spain, Russia & Rest of Europe), Asia Pacific (China, Japan, India, Australia, Southeast Asia & Rest of Asia Pacific), Latin America (Brazil, Mexico & Rest of Latin America) and Middle East and Africa (Saudi Arabia, South Africa, UAE & Rest of Middle East and Africa).

The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.

Bioinformatics Market Segmentation

The market segments are as follows:
By Products and Services
• Bioinformatics Platforms
o Data Analysis Services
o Database Management Services
o Other Bioinformatics Services
• Knowledge Management Tools
o Generalized Knowledge Management Tools
o Specialized Knowledge Management Tools
• Bioinformatics Services
o Data Analysis Services
o Database Management Services
o Other Bioinformatics Services
By Application
• Genomics
• Proteomics
• Drug Design and Chemoinformatics
• Metabolomics
• Transcriptomics
• Other Applications
By End Use Sector
• Medical Biotechnology
• Animal Biotechnology
• Academics
• Agricultural Biotechnology
• Environmental Biotechnology
• Forensic Biotechnology
• Others
By Region
• North America
• Latin America
• Europe
• Asia-Pacific
• Middle-East & Africa
ReportCrux Market Research
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