Pune, India -- (SBWIRE) -- 04/26/2019 -- Our latest research report entitled Bioinformatics Market (by products and services (bioinformatics platforms, services, knowledge management tools), sector (proteomics, genomics, chemoinformatics, drug design, molecular phylogenetics), application (pharmaceutical companies, academic institutes)) provides complete and deep insights into the market dynamics and growth of Bioinformatics. Latest information on market risks, industry chain structure Bioinformatics cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Bioinformatics growth factors.

The forecast Bioinformatics market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Bioinformatics on a global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report, the global bioinformatics market is projected to grow at a CAGR of 13.9% over the forecast period of 2019-2025.

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Bioinformatics Market: Insight

Bioinformatics is an interdisciplinary field that is used for storing, retrieving, organizing and analyzing biological data. Bioinformatics is an emerging field and it enables the discovery of new biological insights to accelerate demand for flexible managing, storing, and querying complex biological data sets. Bioinformatics involves the use of techniques that includes artificial intelligence, informatics, statistics, computer science, chemistry and biochemistry to solve biological problems on the molecular level. Bioinformatics solves biological problems using DNA and amino acid sequences related information. Bioinformatics having a major impact on many areas of biotechnology and biomedical sciences. Bioinformatics includes applications in several sectors such as pharmaceutical companies, different biotechnologies, and academic institutes.

Bioinformatics Market: Drivers and Restraints

Growing adoption of bioinformatics in drug discovery drives the growth of the bioinformatics market. In the prediction of new drug targets, bioinformatics provides strategies and algorithm also helps to store and control available drug target information. Furthermore, the adoption of bioinformatics is increased in clinical diagnostics that in turn fuel the growth of the bioinformatics market. In clinical samples, bioinformatics is very useful for data collection and to analyze the samples and the results. Growing demand for nucleic acid and protein sequencing boosts the growth of the bioinformatics market. Increasing use of artificial intelligence in healthcare industry contribute to the growth of the bioinformatics market. Rising government initiatives, as well as private organizations, support the growth of the bioinformatics market. However, the lack of skilled personnel and high cost may hamper the growth of the bioinformatics market. Moreover, growing cloud-based applications provide beneficial opportunities for the bioinformatics market. Rising investment in bioinformatics solutions also provides fruitful opportunities for the bioinformatics market.

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Bioinformatics Market: Regional Analysis

Among the regions, North America dominated the bioinformatics market. Growing adoption of advanced technology, as well as government funding for research, rising demand for bioinformatics tool in drug discovery, contribute to the growth of the bioinformatics market in the region. Furthermore, Asia Pacific is the fastest growing region for the bioinformatics market. Increasing adoption of latest technologies, increasing healthcare investments, fuels the growth of the bioinformatics market in the region. China and India countries play major roles in the growth of the bioinformatics market in the Asia Pacific region.

Bioinformatics Market: Segmentation

The report on global bioinformatics market covers segments such as products and services, sector, and application. On the basis of products and services, the sub-markets include bioinformatics platforms, bioinformatics services, and knowledge management tools. On the basis of sector, the sub-markets include proteomics, genomics, chemoinformatics, and drug design, metabolomics, molecular phylogenetics, and transcriptomics. On the basis of application, the sub-markets include pharmaceutical companies, academic institutes, biotechnologies, and others.

Bioinformatics Market: Competitive Landscape

The report provides profiles of the companies in the market such as Life Technologies, Genebio, LifeMap Sciences, Inc., Illumina Inc., ONTOFORCE, DASSAULT SYSTÈMES, ABM, PerkinElmer Inc, Agilent Technologies, Inc, QIAGEN, and Others.

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Reasons to Buy this Report:

Comprehensive analysis of global as well as regional markets of the Bioinformatics.

Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.

Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.

Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.