US Bioinformatics Market Anticipates Impressive Expansion, With A 14.13% CAGR, Targeting USD 21.2 Billion By 2030

Published: 2024-01-18
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Author: mahesh07
Published in: Health & Fitness

US Bioinformatics Market Anticipates Impressive Expansion, With A 14.13% CAGR, Targeting USD 21.2 Billion By 2030

US Bioinformatics Market Scope and Research Methodology

This US Bioinformatics Market research report provides a comprehensive view of competition, including market share and profiles of major industry rivals worldwide. The study delves into various sectors to examine the factors that influence the industry's growth.

The top-down and bottom-up approaches are used to validate and estimate market size by segment. US Bioinformatics Market estimates are based on sale prices, with weights applied to usage rate and average sale price to produce percentage splits, market shares, and segment breakdowns. The geographical divisions are based on the adoption or usage percentage of the market size in each area.

US Bioinformatics Market Drivers :

The comprehensive report provides a detailed analysis of the US bioinformatics market. MMR has carefully examined the industry's evolution, highlighting significant trends, game-changing innovations, and the driving forces that shape its course. The report delves deeply into the current landscape, analyzing the US Bioinformatics Market. It accurately describes the market's current dimensions, growth patterns, size, and the nuanced trends that have a significant impact. Furthermore, it identifies key factors driving market growth and sheds light on emerging opportunities.

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US Bioinformatics Market Segmentation Analysis:

Based on Application, the Genomics segment held the largest market share of about 40% in the US Bioinformatics Market in 2023. According to the MMR analysis, the segment is expected to grow at a CAGR of 14.20% during the forecast period. It stands out as the dominant segment within the US Bioinformatics Market thanks to its rapid technological advancement and growing adoption of smart devices with data connectivity and integration.

by Technology

Knowledge Management Tools
Bioinformatics Platforms
Bioinformatics Services

by Application

Metabolomics
Molecular phylogenetics
Transcriptomics
Chemoinformatic & drug design
Genomics

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Key players includeUS Bioinformatics Industry :

1. Biovia (USA)
2. IBM Life Sciences (USA)
3. 3rd Millennium Inc (USA)
4. Celera Corporation (USA)
5. Illumina Inc. (USA)
6. Agilent Technologies (USA)
7. Affymetrix (USA)
8. BioWisdom Ltd
9. PerkinElmer, Inc.
10. Biomatters, Ltd.
11. DNAnexus, Inc.
12. Thermo Fisher Scientific, Inc.
13. Partek Incorporated

Key Questions Answered in the US Bioinformatics Market Report are:

Which segment asserted the greatest market share in 2024 for US Bioinformatics?
• How does the competitive landscape unfold within the US Bioinformatics market?
• What pivotal factors steer the growth trajectory of the US Bioinformatics market?
• In the realm of the US Bioinformatics market, which region commands the most significant market share?
• What is the anticipated Compound Annual Growth Rate (CAGR) for the US Bioinformatics market during the forecast period (2024-2030)?

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