Global Bioinformatics Market – Industry Trends and Forecast to 2024

1. Global Bioinformatics Market– Industry Trends and Forecast to 2024 Global Bioinformatics Market is expected to experience a surging growth in the near future. The driving factors for this market are increasing government initiatives and funding, and growing use of bioinformatics in drug discovery and bio-markers development processes. However, shortage of trained research personnel required for proper use of bioinformatics tools, and non- availability of platforms to integrate large data sets produced by bioinformatics is expected to offset the growth of this market. Global Bioinformatics Market is expected to reach USD 22.78 billion by 2024 from USD 6.54 billion in 2016, at a CAGR of 16.8% in the forecast period 2017 to 2024. 1 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com

2. Competitive Analysis: Global Bioinformatics Market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the examples for these strategies are: In March 2017, Agilent Technologies Inc. introduced its first comparative genomic hybridization (CGH) assay which will be used for diagnostic purposes: the GenetiSureDx Postnatal Assay. This will help the clinical geneticists to detect genetic anomalies early with more accuracy as compared to than traditional methods. 2 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com

3. Market Segmentation • Based on industry, the bioinformatics market is segmented into molecular medicine, drug development, clinical diagnostics, agriculture, forensic, animal, academics and research, environmental and gene therapy. Based on product type, the bioinformatics market is segmented into sequencing platforms, knowledge management tools and bioinformatics software. Based on applications, the bioinformatics market is segmented into preventive medicine, molecular medicine, genomics, drug development, transcriptomics and, other biotechnological applications. Based on services, the bioinformatics market is segmented into data analysis, sequencing, data integration among others. • • • 3 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com

4. Regional Analysis By geography the market is segmented into 5 geographical regions, North America Europe Asia-Pacific South America Middle East and Africa. The geographical regions are further segmented into major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. Browse Full Report and Details TOC : https://databridgemarketresearch.com/reports/global- bioinformatics-market/ 4 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com

5. Major Key Players Major players in the Global Bioinformatics Market are:  Illumina, Inc. DNAnexus, Inc. Qiagen Thermo Fisher Scientific, Inc. Agilent Technologies DassaultSystemes Geneva Bioinformatics (Genebio) SA Integromics S.L. Perkinelmer, Inc. Request Sample Report : https://databridgemarketresearch.com/request-a-sample/?dbmr=global- bioinformatics-market databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com

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