September 01, 2022 10:15 ET | Source: Verified Market Research Verified Market Research
Boonton, New Jersey, UNITED STATES
Jersey City, New Jersey, Sept. 01, 2022 (GLOBE NEWSWIRE) — Verified Market Research recently published a report, “Bioinformatics Market” By Technology (Knowledge Management Tools, Bioinformatics Platforms, Bioinformatics Services), By Application (Metabolomics, Molecular Phylogenetics, Transcriptomics, Proteomics, Chemoinformatic), and By Geography. According to Verified Market Research, the Bioinformatics Market size was valued at USD 10.22 Billion in 2021 and is projected to reach USD 39.74 Billion by 2030, growing at a CAGR of 16.29% from 2022 to 2030.
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Browse in-depth TOC on “Bioinformatics Market”
202 – Pages
126 – Tables
37 – Figures
Global Bioinformatics Market Overview
The global bioinformatics market has reserves largely resulted in data and technological progressions in bioinformatics services, which, in turn, have better the quality of these services. Also, many countries are investing in their national population sequencing programs to appreciate the link between genetics and diseases. Many government bodies and private organizations across the globe are progressively investing in the field of bioinformatics.
With the initiation of advanced NGS technologies, there is a growing need for quick and accurate bioinformatics tools that can be easily functioned. Most of the scientists complicated in the experimental investigation are not bioinformaticians. Therefore, the obtainability of user-friendly tools is vital for the use of bioinformatics platforms. Many bioinformatics tools require advanced computer expertise, mostly because they lack a suitable user-friendly interface. The growing importance of these emerging economies in terms of R&D and investments from global companies is expected to provide a favorable outlook—as well as opportunities—for the growth of genomics, metabolomics, precision medicine, drug discovery, and other markets in the coming years.
The major players in the market are Agilent Technologies, Inc., Biomax Informatics AG, DNAnexus, Inc., Genedata AG, Intrexon Bioinformatics Germany GmbH, Illumina Inc., Perkinelmer Inc., Qiagen N.V., Seven Bridges Genomics Inc., Thermo Fisher Scientific, Inc., amongst others.
Verified Market Research has segmented the Global Bioinformatics Market On the basis of Technology, Application, and Geography.
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