Bioinformatics Market Forecasted To Soar With A 13.2% CAGR, Targeting USD 24.98 Billion By 2030

Published: 2024-01-31
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Author: mahesh07
Published in: Health & Fitness

Bioinformatics Market Forecasted To Soar With A 13.2% CAGR, Targeting USD 24.98 Billion By 2030

As per recent market research, the global Bioinformatics Market is poised for rapid growth in the forecast period. The comprehensive report delves into the analysis of growth drivers, major constraints, upcoming challenges, and prevailing opportunities within the global Bioinformatics market. It encompasses a thorough examination of dynamics and Bioinformatics market size, segmented region-wise and by industry segment.

Bioinformatics Market Report Scope and Research Methodology

The analyst has honed in on key market trends influencing new business investments and advancements in the Bioinformatics industry. These trends comprise emerging technologies, regulatory shifts, government investments, novel applications, foreign market entry, and other industry dynamics. The study incorporates a detailed trend analysis to assist clients in making informed decisions regarding their presence in the Bioinformatics market.

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The Bioinformatics market research report furnishes exclusive key statistics, facts, information, trends, and insights into the competitive landscape. It scrutinizes the current state of the Bioinformatics market and projects its trajectory until 2030. The report is expected to feature company profiles, encompassing capacity, production, price, cost, revenue, and contact information for leading Bioinformatics manufacturers globally. The global and regional Bioinformatics market size was estimated using a bottom-up approach.

Bioinformatics Market Regional Insights

The report provides a meticulous analysis of market dynamics, size, and market share across regions, including:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia, UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada)
South America (Brazil, etc.)
The Middle East and Africa (GCC Countries and Egypt)

Bioinformatics Market Segmentation :

Based on products and services, the bioinformatics platform segment dominated the largest Bioinformatics Market share in 2023. Bioinformatics is the application of computer technology to the understanding and effective use of biological data, which has become a frontline applied science and is of vital importance to today’s biological studies. The increasing need for new tools for better drug development is a new trend for segment growth. An increase in platform application is expected to drive in need from the life science firm for the identification and modification of structures. This change helps in the drug-designing process and evaluation of their therapeutic effects. Another factor is that efficiency and safety in drug development and discovery lead to an increase in the need for better tools in drug development.

by Application

Metabolomics
Molecular Phylogenetics
Transcriptomics
Proteomics
Chemoinformatics
Genomics
Others

by End User

Sector Pharmaceutical and Biotechnology Companies
Medical Biotechnology
Animal Biotechnology
Agriculture Biotechnology
Academic and Research Institutes
Healthcare Providers
Others

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Bioinformatics Market Key Players include:

North America
1. Thermo Fisher Scientific Inc. (USA)
2. Agilent Technologies Inc. (US)
3. Illumina Inc. (US)
4. Waters Corporation (US)
5. NeoGenomics Laboratories (US)
6. Perkin Elmer Inc. (US)
7. Seven Bridges Genomics, Inc. (US)
8. Station X, Inc. (US)
9. Active Motif, Inc. (US)
10. Bio-Rad Laboratories, Inc. (US)
Europe
11. Eurofins Scientific (Luxembourg)
12. QIAGEN N.V.(Netherlands)
13. Fios Genomics (UK)
14. Source BioScience (UK)
15. Genedata AG (Switzerland)
16. Eurofins Scientific SE (Luxembourg)
17. Genomatix Software GmbH (Germany)
18. Dassault Systèmes Biovia Corp. (France)
19. Sophia Genetics SA (Switzerland)

Table of content for the Bioinformatics Market includes:

Global Bioinformatics : Research Methodology
Global Bioinformatics : Executive Summary

Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Bioinformatics : Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE

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