surge in demand for clinical diagnostics and personalized medicines play a major role in the growth of the bioinformatics market

NE WIN SIVERS DRIVE, PROVINCE: - PORTLAND, UNITED STATES, December 2, 2021 /EINPresswire.com/ -- The global bioinformatics market size generated $8.61 billion in 2019 and is projected to reach $24.73 billion by 2027, witnessing a CAGR of 13.4% from 2020 to 2027.

Growth in need for integrated data, rise in growth in proteomics & genomics, and drug discovery and development drive the growth of the global Bioinformatics Market. However, lack of skilled personnel and common data formats hinder the market growth. On the other hand, surge in requirement for integrated solutions and systems create new opportunities in the coming years.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲 𝘄𝗶𝘁𝗵 𝗟𝗮𝘁𝗲𝘀𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 @ https://www.alliedmarketresearch.com/request-sample/136

The bioinformatics platform segment to continue its dominant share throughout the forecast period

Based on technology and services, the bioinformatics platform segment accounted for the largest market share, accounting for more than two-fifths of the global bioinformatics market in 2019, and will continue its dominant share in terms of revenue during the forecast period. This is attributed to the increase in platform applications and need for better tools in drug development. However, the bioinformatics services segment is expected to manifest the highest CAGR of 22.9% from 2020 to 2027, owing to the increase in sequencing and analysis of the data in the bioinformatics field.

𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗽𝗿𝗼𝗳𝗶𝗹𝗲𝘀 𝗼𝗳 𝗺𝗮𝗷𝗼𝗿 𝗺𝗮𝗿𝗸𝗲𝘁 𝗽𝗹𝗮𝘆𝗲𝗿𝘀, 𝘀𝘂𝗰𝗵 𝗮𝘀

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., and Thermo Fisher Scientific, Inc.

The other players in the value chain include Geneva Bioinformatics (Genebio), Dassault Systems, Eurofins Scientific, Bruker Daltonics Inc., Accelrys, Inc., Affymetrix, Inc., SA Nonlinear Dynamics, Quest Diagnostics, Inc., and among others.

😷 𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:

1) The Covid-19 pandemic and followed by lockdown has affected several manufacturing industries.
2) The prolonged lockdown resulted in a disrupted supply chain and increased the prices of raw materials.
3) However, as the world has been recovering from the pandemic, the market is estimated to get back on track.

𝗚𝗲𝘁 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝘁: https://www.alliedmarketresearch.com/request-for-customization/136?reqfor=covid

✯ 𝗞𝗲𝘆 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿𝘀

✦The study provides an in-depth analysis of the Bioinformatics Market along with the current trends and future estimations to elucidate the imminent investment pockets.

✦It offers Bioinformatics Market analysis from 2020 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.

✦A comprehensive analysis of four regions is provided to determine the prevailing opportunities.

✦The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global Bioinformatics Market growth.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/purchase-enquiry/136

𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀?

Q1. What are the Key Industry Leaders opinion for the Global Bioinformatics market?
Q2. Which market holds the maximum market share of the Global Bioinformatics market?
Q3. What is the total market value of Global Bioinformatics market report ?
Q4. What would be forecast period in the market report?
Q5. What is the market value of Global Bioinformatics market in 2020?
Q6. Which is base year calculated in the Global Bioinformatics Market report?

𝗔𝘃𝗲𝗻𝘂𝗲 𝗕𝗮𝘀𝗶𝗰 𝗣𝗹𝗮𝗻 | 𝗟𝗶𝗯𝗿𝗮𝗿𝘆 𝗔𝗰𝗰𝗲𝘀𝘀 | 𝟭 𝗬𝗲𝗮𝗿 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻 |

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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”

𝗧𝗿𝗲𝗻𝗱𝗶𝗻𝗴 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗛𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 (𝗕𝗼𝗼𝗸 𝗡𝗼𝘄 𝘄𝗶𝘁𝗵 𝟭𝟬% 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁):

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