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Bioinformatics Market by Application, Segment & Sector -2020

The global bioinformatics market accounted for $4.2 billion in 2014 and is poised to reach $13.3 billion by 2020 at a CAGR of 20.9% from 2015 to 2020. The bioinformatics platforms product segment is expected to witness the fastest growth during the forecast period.<br>

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Bioinformatics Market by Application, Segment & Sector -2020

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  1. MarketsandMarkets Presents Bioinformatics Market worth $13.3 Billion by 2020 http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

  2. The global bioinformatics market accounted for $4.2 billion in 2014 and is poised to reach $13.3 billion by 2020 at a CAGR of 20.9% from 2015 to 2020. The bioinformatics platforms product segment is expected to witness the fastest growth during the forecast period. • The growth of the bioinformatics market is driven by increasing government initiatives and funding, and growing use of bioinformatics in drug discovery and biomarkers development processes. It is expected that the market will offer opportunities for bioinformatics solutions manufacturers with the introduction and adoption of upcoming technologies such as nanopore sequencing and cloud computing. • Early buyers will receive 10% customization on reports. http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

  3. However, factors such as dearth of skilled personnel to ensure proper use of bioinformatics tools and lack of integration of a wide variety of data generated through various bioinformatics platforms are hindering the growth of the market. Manufacturers of bioinformatics solutions will face further challenges with regard to industry consolidation and management of high volume data. • The bioinformatics market is broadly categorized on the basis of sectors, products and services, applications, and geographies. On the basis of products & services the market is broadly segmented into bioinformatics knowledge management tools, bioinformatics platforms, and bioinformatics services. The bioinformatics knowledge management tools segment is further bifurcated into generalized tools and specialized tools. • The bioinformatics platforms segment is further divided into sequence analysis platforms, sequence alignment platforms, sequence manipulation platforms, and structural & functional analysis platforms. The bioinformatics services segment is further segmented into sequencing services, database & management, and data analysis. http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

  4. Market Segmentation • This research report categorizes the bioinformatics market on the basis of product & services, application, sector and region. • Global Bioinformatics Market, By Sector • Medical Biotechnology • Drug Development • Clinical Diagnostics • Molecular Medicine • Personalized Medicine • Preventive Medicine • Gene Therapy • Reproductive Biotechnology • Academics • Animal Biotechnology http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

  5. On the basis of sector, the global bioinformatics market is broadly divided into medical biotechnology, academics, animal biotechnology, agriculture biotechnology, environmental biotechnology, and forensic biotechnology. The medical biotechnology segment is further divided into drug development, clinical diagnostics, molecular medicine, gene therapy, and reproductive biotechnology. • The major players in the bioinformatics market are Affymetrix, Inc. (U.S.), Life Technologies Corporation (U.S.), Illumina, Inc. (U.S.), and QIAGEN(The Netherlands). • Request Knowledge Store Demo : • http://www.marketsandmarkets.com/Knowledgestore.asp http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

  6. Contact Us Mr. RohanMarkets and Markets UNIT no 802, Tower no. 7, SEZ Magarpatta city, Hadapsar Pune, Maharashtra 411013, IndiaEmail: sales@marketsandmarkets.com http://twitter.com/marketsmarkets http://www.linkedin.com/company/marketsandmarkets http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

  7. About MarketsandMarkets MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

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