The global bioinformatics market is estimated to be over US$ 6.5 Billion in 2018. It is anticipated to grow at a CAGR of 14.0% from 2019 to 2030.

New York, NY -- (SBWire) -- 03/13/2020 --Increasing number of research studies in the field of genomics and proteomics, growing number of research funding and technological advancement among others. Moreover, growing demand for personalized medicines across the globe is anticipated to further contribute to the substantial growth of the global bioinformatics market between 2018 and 2030.

Market Industry Reports (MIR) has published a new report titled "Bioinformatics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global bioinformatics market is estimated to be over US$ 6.5 Billion in 2018. It is anticipated to grow at a CAGR of 14.0% from 2019 to 2030.

Major Players in the Bioinformatics Market

The prominent players in the global Bioinformatics market are Thermo Fisher Scientific, Illumina Inc, Agilent Technologies, QIAGEN , BGI, Wuxi NextCODE , Eurofins Scientific , Waters Corporation , Sophia Genetics, Partek and DNASTAR

Get FREE Sample Copy with TOC @ https://www.marketindustryreports.com/pdf/69

Growing Demand of Sequencing

The advent of several sequencing technologies have led to an exponential increment in the growing demand for bioinformatics globally. The large amount of genomic data which is generated, requires efficient, accurate and quick analysis. The application of bioinformatics in managing the same, to simplify the entire procedure, with minimum complications and time investment has been pivotal in contributing the increasing adoption of bioinformatics.

Rapid Growth of the Asia Pacific Market

Asia Pacific is estimated to witness the highest CAGR during the forecast period. Improved IT infrastructure, continuously growing economy, and adoption of latest technologies are anticipated to present a lucrative growth scenario for the bioinformatics market in this region. Furthermore, increasing investment in the fields of proteomics and genomics coupled with supportive government regulations and norms is expected to present an attractive growth prospect for the market in the coming years.

Get Interesting Discount @ https://www.marketindustryreports.com/discount/69

Table of Content:

6. GLOBAL MARKET - ANALYSIS & FORECAST, BY PRODUCT & SERVICES

1. Knowledge Management Tools
1. Specialized Knowledge Management Tools
2. Generalized Knowledge Management Tools
2. Bioinformatics Platforms
1. Structural & functional Analysis Platforms
2. Data Analysis Platforms
3. Other Platforms
3. Bioinformatics Services
1. Database Management Services
2. Data Analysis services
3. Other Bioinformatics services

7. GLOBAL MARKET - ANALYSIS & FORECAST, BY APPLCIATION

4. Chemoinformatics & Drug Design
5. Genomics
6. Proteomics
7. Metabolomics
8. Transcriptomics
9. Other Applications

Get Free Customization @ https://www.marketindustryreports.com/free-customization/69

About Market Industry Reports
Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.

Contact Us

Email: sales@marketindustryreports.com
Phone: +1 347 767 5477 ( US ) + 91 8956 767 535 ( IN ) + 44 131 463 4161 ( UK )
Website: https://www.marketindustryreports.com
Follow Us- LinkedIn | Twitter | Facebook