The latest market intelligence report, titled ‘Global Bioinformatics Services Market’, is intended to provide the target audience with the necessary information about the global Bioinformatics Services industry. The report comprises a detailed analysis of the vital elements of the Bioinformatics Services market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Bioinformatics Services market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
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The global Bioinformatics Services Market is expected to reach USD 5.3 Billion by 2026, according to a new report by MarketsandMarkets. Growing applications of bioinformatics across industries, growing public-private sector funding for bioinformatics services, and a shortage of skilled bioinformatics experts (leading to increased outsourcing of bioinformatics projects) are driving the growth of the bioinformatics services market. This is the main predictive factor. forecast period.
Bioinformatics services have always had huge potential when it comes to providing essential support to many areas of scientific research. The COVID-19 pandemic was a real-life test for bioinformatics. One of the major focus areas for every country during the COVID-19 pandemic has been to study and understand how to halt the progress of the virus. Decoding the genome of the novel coronavirus was a crucial step in developing vaccines and for better understanding the mechanism of the virus and how it functions in the human body. Thus, various studies were undertaken to understand the genetic combination of the virus; these studies were driven by bioinformatics.
Market Dynamics:
The report offers insightful information about the market dynamics of the Bioinformatics Services market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Bioinformatics Services market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Bioinformatics Services market.
Key companies profiled in the report include:
Illumina (US), Thermo Fisher Scientific (US), Eurofins Scientific (Luxembourg), BGI Group (China), NeoGenomics (US), PerkinElmer (US), CD Genomics (US), Psomagen, Inc. (South Korea), QIAGEN (Germany), GENEWIZ (US), Source BioScience (UK)
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This report has segmented the bioinformatics services market based on application, type, specialty, end user, and region.
Global Bioinformatics Services Market, by Application
- Genomics
- Chemoinformatics & Drug Design
- Proteomics
- Transcriptomics
- Metabolomics
- Other Applications
Global Bioinformatics Services Market, by Specialty
- Medical Biotechnology
- Animal Biotechnology
- Plant Biotechnology
- Environmental Biotechnology
- Forensic Biotechnology
Global Bioinformatics Services Market, by Type
- Sequencing Services
- Data Analysis
- Drug Discovery Services
- Differential Gene Expression Analysis
- Database and Management Services
- Other Bioinformatics Services
Global Bioinformatics Services Market, by End User
- Academic Institutes & Research Centers
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- CROs
- Other End Users
Global Bioinformatics Services Market, by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
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