Press release
Bioinformatics Market is Projected to Reach USD 29.32 Billion by 2030: Cognitive Market Research
Bioinformatics Market is Projected to Reach USD 29.32 Billion by 2030: Cognitive Market Research
Bioinformatics is related to genetics and genomics, which involves the use of computer technology to store, collect, analyze, and disseminate biological information, and data, such as DNA and amino acid sequences or annotations about these sequences. Researchers and medical professionals use databases that organize and index this biological data to better understand health and disease, and in some circumstances, as a component of patient care. Through the creation of software and algorithms, bioinformatics is primarily used to extract knowledge from biological data. Bioinformatics is frequently used in the analysis of genomics, proteomics, 3D protein structure modeling, image analysis, drug creation, and many other fields.
Summary:
As per the study of CMR, the Global Bioinformatics market was valued at USD 12.76 Billion in 2022 and it will reach USD 29.32 Billion by 2030 with a CAGR of 10.4% during the forecast period of 2023-2030.
To know more about The Bioinformatics Market statistics click here: https://www.cognitivemarketresearch.com/bioinformatics-market-report
Market Dynamics:
What are the driving factors for the global bioinformatics market?
The primary factors propelling the global bioinformatics industry are advances in genomics, rising demand for protein sequencing, and rising public-private sector investment in bioinformatics. Large volumes of data are being produced by the expanding use of next-generation sequencing (NGS) and other genomic technologies; these data must be analyzed using advanced bioinformatics tools.
Furthermore, the global bioinformatics industry may benefit from the development of emerging advanced technologies. However, the bioinformatics discipline contains intricate algorithms and massive amounts of data, which can be difficult for researchers and demand a lot of processing power.
Bioinformatics Market Segmentation:
Product & Services:
• Platforms
• Tools
• Services
The market is divided into platforms, tools, and services based on products & services. sequence manipulation, sequence alignment, structural analysis, and sequence analysis platforms are further categories for platforms. In addition, tools are divided into general and specialized knowledge management tools. aside from that, services are broken down into categories like data analysis, sequencing services, database & management, and other services.
Application:
• Proteomics
• Chemoinformatics & Drug Design
• Transcriptomics
• Genomics
• Metabolomics
• Others
The market is divided into genomics, chemoinformatic & drug design, proteomics, transcriptomics, metabolomics, and other segments based on applications. Due to a rise in demand for companion diagnostics and personalized medications, the transcriptomics category is anticipated to develop at the fastest rate throughout the forecast period. Additionally, it is projected that novel gene sequencing, continuous biomarker research, and the widespread use of transcriptomics technologies would all contribute to the growth of the bioinformatics market.
Competitive Analysis of Bioinformatics Market: Thermo Fisher Scientific (United States), Illumina Inc (United States)Agilent Technologies (United States), QIAGEN (Netherlands), BGI (China), Wuxi NextCODE (China), Eurofins Scientific (Luxembourg), Waters Corporation (United States)
Get free sample pages of the latest published Bioinformatics Market Report: https://www.cognitivemarketresearch.com/bioinformatics-market-report#request_sample
Bioinformatics Market Regional Analysis
North America is currently the world's leading market for bioinformatics, due to its advanced healthcare research and development infrastructure, government approval of genetic research, the dominance of key industry participants, and the rising volume of genomic research initiatives.
Bioinformatics Market Industry News
QIAGEN launched new solutions that significantly accelerate DNA variant detection and RNA sequencing of low-input samples (August 2022)
QIAGEN announced the extension of its next-generation sequencing (NGS) portfolio, through the launch of QIAseq Targeted DNA Pro Panels and the QIAseq UPXome RNA Library Kit, both of which set new standards in preparing samples for determining their nucleic acid sequences.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Bioinformatics Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Bioinformatics Market Segmentation
1.5.1 Bioinformatics Market Regional Fragmentation
1.5.1 Bioinformatics Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Bioinformatics Market
• 3.1 Global Bioinformatics Market Size 2018 - 2030, (USD Million)
• 3.2 Global Bioinformatics Value, Absolute & Opportunity Analysis
• 3.3 Global Bioinformatics Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Bioinformatics Market Statistics 2022: Snapshot
Chapter 4 Global Bioinformatics Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Bioinformatics Market by Product & Services Segmentation Analysis (2018-2030)
Chapter 10 Global Bioinformatics Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Bioinformatics Market Regional Analysis
Chapter 12 North America Bioinformatics Market Outlook (2018 - 2030)
Chapter 13 Europe Bioinformatics Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Bioinformatics Market Outlook (2018 - 2030)
Chapter 15 Latin America Bioinformatics Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Bioinformatics Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Bioinformatics Market TOC click here: https://www.cognitivemarketresearch.com/bioinformatics-market-report#table_of_contents
Related Report:
• DNA Sequencing Platforms Market- https://www.cognitivemarketresearch.com/dna-sequencing-platforms-market-report
• Bioinformatics Platforms Market- https://www.cognitivemarketresearch.com/bioinformatics-platforms-market-report
• DNA Sequencing Equipment Market- https://www.cognitivemarketresearch.com/dna-sequencing-equipment-market-report
• DNA RNA Extraction Market- https://www.cognitivemarketresearch.com/dna-rna-extraction-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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