The latest market report published by Credence Research, Inc. “Global Bioinformatics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2024,” the bioinformatics market was valued at USD 8,580.0 Mn in 2015, and is expected to reach USD 38,614.0 Mn by 2024, expanding at a CAGR of 20.3% from 2016 to 2024.
The Bioinformatics Market Research Report Forecast 2016-2024 is an important source of insightful data for market strategists. It presents the Bioinformatics industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Bioinformatics Market study gives complete data which improves the understanding. [Continue reading…]
The key applications of bioinformatics comprises in gene sequence analysis, gene and protein expression analysis, gene regulation analysis, genome annotation, and mutation analysis. Bioinformatics plays key role in research optimization via effective data management during and after clinical trials. The factor assisting its market growth throughout the forecast period is existence of huge government funding and market introduction of technological advancements in the fields of genomics and proteomics. The market experts suggested that, market growth of bioinformatics has been also driven by the companies that express a need to adopt more cost-efficient and prolific methods to commercialize proprietary information. The suppliers operating in this market are expected to provide products or services such as complete integration of data infrastructure including data sharing facility, data security, data searching, proposed customization and data analysis.
Browse the full report at https://www.credenceresearch.com/report/bioinformatics-market
The qualitative study of drivers and limitations of Bioinformatics Market
Key players in the global Bioinformatics Market Include BIOVIA (Accelrys Inc.), IBM Life Sciences, 3rd Millennium Inc., Life Technologies Corporation, Rosetta Biosoftware, Agilent Technologies, Affymetrix, Inc., Celera Corporation, and others.
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Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
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