Factors such as the growing demand for nucleic acid and protein sequencing, increasing initiatives from government and private organizations, growing application of bioinformatics, and improved collaborative ties between companies and research institutes are driving the growth of the bioinformatics market.
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The Global Bioinformatics Market is projected to reach USD 16.18 billion by 2021 from USD 6.21 billion in 2016, growing at a CAGR of 21.1% during the forecast period. In this report, the bioinformatics market is broadly segmented on the basis of sector, products and services, application, and region.
On the basis of sector, the bioinformatics market is categorized into medical biotechnology, academics, animal biotechnology, agricultural technology, environmental biotechnology, forensic biotechnology, and other sectors (homeland security and defense, law enforcement groups, bioweapon creation, and evolutionary biotechnology). In 2016, the medical biotechnology segment is expected to account for the largest share of the bioinformatics market.
This growth can be attributed to the increasing use of bioinformatics in drug discovery and development processes for the faster development of safe and effective drugs at reduced costs. On the basis of application, the bioinformatics market has been segmented into genomics, chemo informatics & drug design, proteomics, transcriptomics, metabolomics, molecular phylogenetics, and other applications (glycomics, cytomics, physiomics, and interactomics).
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Product launches was the most widely adopted growth strategy pursued by players in the bioinformatics market. Major players operating in the bioinformatics market include Illumina Inc. (U.S.), Agilent Technologies (U.S.), and Thermo Fisher Scientific Inc. (U.S.), and QIAGEN N.V (Netherlands).
Bioinformatics Market, By Products & Services
Knowledge Management Tools
Generalized Knowledge Management Tools
Specialized Knowledge Management Tools
Sequence Analysis Platforms
Sequence Alignment Platforms
Sequence Manipulation Platforms
Structural and Functional Analysis Platforms
Other Bioinformatics Platforms
Database and Management Services
Other Bioinformatics Services
Report on Bioinformatics Market by type 2017-2021 by new Service spreads across 184 pages profiling 10 companies and supported with 136 tables and 47 figures available at www.rnrmarketresearch.com/contacts…unt?rname=102532
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Bioinformatics Market, By Sector
7 Bioinformatics Market, By Products & Services
8 Bioinformatics Market, By Application
9 Bioinformatics Market, By Region
10 Competitive Landscape
11 Company Profiles
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