{"id":135540,"date":"2019-01-19T05:48:04","date_gmt":"2019-01-19T05:48:04","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/135540\/global-bioinformatics-market-expected-to-grow-at-1320-cagr-between-2018-and-2025-market-insights-analysis-trends-and-forecast-sheer-analytics-and-insights.html"},"modified":"2019-01-19T05:48:04","modified_gmt":"2019-01-19T05:48:04","slug":"global-bioinformatics-market-expected-to-grow-at-1320-cagr-between-2018-and-2025-market-insights-analysis-trends-and-forecast-sheer-analytics-and-insights","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/135540\/global-bioinformatics-market-expected-to-grow-at-1320-cagr-between-2018-and-2025-market-insights-analysis-trends-and-forecast-sheer-analytics-and-insights.html","title":{"rendered":"Global bioinformatics market expected to grow at 13.20% CAGR between 2018 and 2025 \u2013 Market insights, analysis, trends and forecast | Sheer Analytics And Insights"},"content":{"rendered":"
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Bioinformatics Market Analysis Image<\/div>\n<\/div>\n<\/div>\n
The global bioinformatics market is estimated to reach US$ 23.14Bn by the year 2025 while growing at a CAGR of 13.20% during the forecast period 2018-2025. Read more about the market here. <\/div>\n

Sheer Analytics and Insights Pvt. Ltd. has published a report on the global bioinformatics market titled Global Bioinformatics Market<\/a><\/em> (By Products and Services: – Knowledge Management Tools, Bioinformatic Services and Bioinformatic Platform. By Application- Chemoinformatic, Genomics, Proteomics, Transcriptomics, Metabolomics and Others, By End-user- Pharmaceuticals, Education, Forensic, Environment and Others and By Regions) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025.<\/em> The market is estimated to reach US$ 23.14Bn by the year 2025, from US$ 7.58Bn, as valued in 2017. The market is growing at a CAGR of 49% during the forecast period 2018-2025. The report covers the forecast and analysis of the bioinformatics on both regional as well as global level.<\/p>\n

Download complete report here: <\/em><\/strong>https:\/\/www.sheeranalyticsandinsights.com\/market-report-research\/global-bioinformatics-market-21<\/a> <\/em><\/p>\n

Rising demand for information technology, algorithms and statistics enabled molecular biology with a view to innovate new techniques of treatment and drug discovery by the biotechnology companies are expected to drive the global market. In addition, increasing adoption of bioinformatics in vaccine designing, automatic genome sequencing, prediction of gene functions, understanding protein structure and its functionality and identification of organism are further estimated to create new necessities and augment the market of growth over the forecast period. Highly complexed proteomic data coupled with an increase in research activities relating to protein function, protein-protein interaction, protein localization, and protein modification are expected to propel the demand for proteomics segment to adopt bioinformatics significantly during the forecast period.<\/p>\n

Geographically, the global bioinformatics market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. North America region holds the largest market share owing the presence of established pharmaceutical companies coupled with rising demand for bioinformatics across proteomics and genomics research, increasing research funding and technological advancements in the region is further estimated to be prime factor responsible for the North America region to hold the largest market share in the global market of bioinformatics. The Asia-Pacific market is expected to propel at the fastest CAGR owing to the increasing public spending towards healthcare segment and rapid adoption of IoT in the developing economies such as China, Japan, India, and others.<\/p>\n

In the very recent market research report published by Sheer Analytics and Insights Pvt. Ltd., bioinformatics market is segmented based on products and services which is further divided into knowledge management tools, bioinformatics services, and bioinformatic platform. Based on application the market has been segmented as Chemoinformatic, Genomics, Proteomics, Transcriptomics, Metabolomics, and Others. Furthermore, the market is segmented as end-user which is further sub-segmented as Pharmaceuticals, Education, Forensic, Environment, and Others.<\/p>\n

Download report sample here:<\/em><\/strong> https:\/\/www.sheeranalyticsandinsights.com\/request-sample\/2\/1\/205\/5<\/a> <\/em><\/p>\n

On November 2018, QIAGEN announced the launch of two novel products to deliver actionable insights on a wide range of blood cancers. One is QIAGEN Clinical Insight (QCI) Interpret bioinformatics solution for hematological malignancies and QIAact Myeloid DNA UMI Panel for use in myeloid neoplasm research as a sample to insight workflow on QIAGEN’s GeneReader NGS System.<\/p>\n

According to Craig Overpeck, CEO of Science and Medicine Group, “Over the next 5 to 10 years we see a world where instruments and diagnostics — including analytical, imaging, and clinical — will converge to lead a precision medicine revolution. We are putting a stake at the intersection of science, medicine, and technology to help guide companies with transformative information and media products and services for converging markets that will make a difference in the lives of billions of people for the next century”<\/p>\n

Some of the key industry players in the global bioinformatics market include ABM, Accelrys Inc., Agilent Technologies Inc., CLC bio A\/S, Eurofins Scientific, Geneva Bioinformatics SA, Illumina Inc., Life Technologies, PerkinElmer and Waters Corporation.<\/p>\n

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Global Bioinformatics Market: By Products and Services<\/strong><\/p>\n