Bioinformatics Market Report, Size with Growth Research 2021 - Comprehensive Insights

Author : univdatos
Publish Date : 2021-11-18 09:52:44
Bioinformatics Market Report, Size with Growth Research 2021 - Comprehensive Insights

A comprehensive overview of the Bioinformatics Market is recently added by UnivDatos Market Insights to its humongous database. The Bioinformatics Market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Bioinformatics Market. The Bioinformatics Market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Bioinformatics Market at the global and regional levels. The Bioinformatics Market was valued ~US$ 13 billion in 2020 and is expected to grow at an elevated CAGR of ~14.5% over the forecast period (2021-2027).

Market Overview

The demand for Bioinformatics is increasing on account of the rising aging population, which in turn is increasing the number of patients suffering from chronic or infectious diseases leading to a rising volume of medical waste. Moreover, the rising number of drug discoveries & developments in recent years and rising initiatives from the government as well private organizations also propels the market growth.

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Global Bioinformatics Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product & Services, the market is primarily bifurcated into

  • Knowledge Management Tools
  • Bioinformatics Platforms
  • Bioinformatics Services

The Knowledge Management Tools segment dominated the market in 2020 and Bioinformatics Services is expected to grow at lucrative during the forecasted period.

By Application, the market is primarily segmented into

  • Genomics
  • Chemoinformatics & Drug Design
  • Proteomics
  • Transcriptomics
  • Metabolomics
  • Other Applications

Amongst Applications, the Transcriptomics segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.

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By Sector, the market is primarily segmented into

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

Amongst Sector, the Medical Biotechnology segment accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.

BIOINFORMATICS Market Geographical Segmentation Includes:

  • North America (United States, Canada, Rest of North America)
  • Europe (Germany, United Kingdom, France, Spain, and Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
  • Rest of the World

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The major players targeting the market includes

  • Thermo Fisher Scientific, Inc.
  • Eurofins Scientific
  • QIAGEN N.V.
  • Agilent Technologies, Inc.
  • Illumina, Inc.
  • Waters Corporation
  • DNASTAR
  • NeoGenomics Laboratories
  • Perkin Elmer, Inc.
  • GENEWIZ

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Bioinformatics Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

  • What are the latest trends, new patterns, and technological advancements in the Bioinformatics Market?
  • Which factors are influencing the Bioinformatics Market over the forecast period?
  • What are the global challenges, threats, and risks in the Bioinformatics Market?
  • Which factors are propelling and restraining the Bioinformatics Market?
  • What are the demanding global regions of the Bioinformatics Market?
  • What will be the global market size in the upcoming years?
  • What are the crucial market acquisition strategies and policies applied by global companies?

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