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Bioinformatics Market Analysis with Impact of COVID-19 on Growth Opportunity by 2027

This research report categorizes the global Bioinformatics market by top players/brands, region, type and end user<br>

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Bioinformatics Market Analysis with Impact of COVID-19 on Growth Opportunity by 2027

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  1. Bioinformatics Market To Reach USD 18.96 Billion By 2026 www.reportsanddata.com

  2. Market Summary Market Size – USD 6.41 Billion in 2018, Market Growth - CAGR of 13.2%, Market Trends – Increasing application of bioinformatics in personalized medicine.  The Global Bioinformatics Market is forecast to reach USD 18.96 Billion by 2026, according to a new report by Reports and Data. Bioinformatics is a field that develops software tools and methods for the understanding of biological data. It combines the study of various fields such as mathematics, statistics, computer science, information engineering, biology, and statistics for the comprehension of data. Recently, a high level of investment in research and development and extensive studies into this field has broadened its scope considerably. Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1403 Increase in collaborations between research institutes and companies and rise in popularity of personalized medicines will provide new opportunities for the growth of the market. Lack of skilled professionals, high cost of research and development and lack of awareness is hindering the growth of the market. Top players : Illumina Inc., Life Technologies (Thermo Fisher Scientific), Qiagen NV, Agilent Technologies, PerkinElmer, ABM, Accelrys Inc., Geneva Bioinformatics SA, Ontoforce, and Data4Cure among others. www.reportsanddata.com

  3. Market Summary • Further key findings from the report suggest • Bioinformatics is also used in storing, retrieving, and analyzing data. With this information, it helps in forming biological information which in turn helps in efficiently managing large database related to innovation and development of the drug. • The application of bioinformatics in the medical sector is mainly driven by the increasing use of bioinformatics for drug development and discovery process. Pharmaceuticals hold a market share of 23% in the year 2018. • The increase in demand for computational epigenetics, differentially expressed genes, gene network, a meta-analysis of microarray data, and gene-associating studies are driving the growth of the market. • Microbial Genome held a market share of 17% in the year 2018, and Gene Engineering is forecasted to grow with an annual growth rate of 12.4% in the forecast period. • Genomics held the largest market share in the year 2018 as it is used in personalized and preventive medicines. • Bioinformatics is used in agriculture-based industries, product utilization and better management of the environment. The agriculture segment held a market share of 21% in the year 2018. • Forensic Science is forecasted to hold a market share of 26% in the year 2026. Forensic Bioinformatics reviews cases involving forensic DNA testing. • On the basis of Technology and Services, the market is segmented into Knowledge management tools, Bioinformatics Platform, and Bioinformatics Services. • To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/bioinformatics-market www.reportsanddata.com

  4. Market Summary • Segments covered in the report: • Technology and Services Outlook (Revenue, USD Billion; 2016-2026) • Knowledge Management Tools • Bioinformatics Platform • Surgical Stimulators • Sequence Analysis Platform • Sequence Alignment Platform • Sequence Manipulation Platform • Structural and Functional Analysis Platform • Other Bioinformatics Platform • Bioinformatics Services • Sequencing Services • Database and Management Services • Data Analysis • Other Bioinformatics Services www.reportsanddata.com

  5. Market Summary • Application Outlook (Revenue, USD Billion; 2016-2026) • Microbial Genome • Gene Engineering • Drug Design and Chemoinformatics • Transcriptomics • Other Applications • End User Outlook (Revenue, USD Billion; 2016-2026) • Academics • Forensic Science • Agriculture • Pharmaceuticals • Other End Users • Zonal Partition of the Market: North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. • Thank you for reading our report. To know more about the report or for any queries regarding customization, please connect with us. Our team will provide excellent assistance and make sure the report is tailored to meet your requirements. www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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