Credence Research: Industry Analysis Report for Bioinformatics Market 2017

The latest industry report published by Credence Research, Inc. “Global Bioinformatics industry – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2023,” the bioinformatics industry was valued at USD 8,580.0 Mn in 2015, and is expected to reach USD 38,614.0 Mn by 2024, expanding at a CAGR of 20.3% from 2016 to 2024.

Industry Insights

The key applications of bioinformatics comprises in gene sequence analysis, gene and protein expression analysis, gene regulation analysis, genome annotation, and mutation analysis. Bioinformatics plays key role in research optimization via effective data management during and after clinical trials.

Browse the full report Bioinformatics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2024 report at http://www.credenceresearch.com/report/bioinformatics-market

The factor assisting its industry growth throughout the forecast period is existence of huge government funding and industry introduction of technological advancements in the fields of genomics and proteomics. The industry experts suggested that, industry growth of bioinformatics has been also driven by the companies that express a need to adopt more cost-efficient and prolific methods to commercialize proprietary information. The suppliers operating in this industry are expected to provide products or services such as complete integration of data infrastructure including data sharing facility, data security, data searching, proposed customization and data analysis.

Applications of bioinformatics comprise genomics, molecular phylogenetics, proteomics, transcriptomics, metabolomics, chemoinformatics & drug designing and others. In 2015, genomics dominated the overall industry in terms of industry share due to its rising application in understanding mutational disorders and identification processes related to investifgation of better pathways that pertain to gene based drug development. Biocontent management was observed as the largest industry in 2015 due to rising rate of bioinformatics tools and software application in database management is one of the primary reasons attributing to its large share.

In year 2015, North America dominated the overall industry and is expected to maintain its dominance in the industry throughout the forecast period. The key factors assisting the North America bioinformatics industry are U.S. is a base of large number of pharmaceutical and biopharmaceutical companies, it records highest number of clinical trials and studies carried out every year. The bioinformatics services and products available in North America are advanced coupled with modern healthcare infrastructure. During the forecast period Asia-Pacific is expected to grow at the fastest CAGR due to rising number of outsourcing assignments related with healthcare IT and clinical trials, developing healthcare infrastructure and increasing number of pharmaceutical and biopharmaceutical companies. Asia-Pacific is considered as a hub of information technology companies and these companies provide bioinformatics products and services assistance to companies based in the North America and Europe.

Industry Competition Assessment:

The bioinformatics industry is observed as the most diversified and competitive industry comprising large number of players.  The industry is dominated by several players, depending on their major competencies. The key players in this industry are BIOVIA (Accelrys Inc.), IBM Life Sciences, 3rd Millennium Inc., Life Technologies Corporation, Rosetta Biosoftware, Agilent Technologies, Affymetrix, Inc., Celera Corporation, and others.

Key industry Movements:

Bioinformatics industry will retain its significant growth due to presence of huge government funding and technological advancements upcoming in the fields of genomics and proteomics

Rising usage of biological systems modeling is becoming a trend in clinical research field which is assisting the growth of bioinformatics

In the field of drug discovery and development demand is increasing for the use of integrated data

industry experts have also suggested that, bioinformatics has huge application in wide number of sectors, many government and non-government organizations are investing in the R&D of the sector which is acting as a strong reason for the growth of the industry

Browse the full report Bioinformatics Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast, 2016 – 2024 report at http://www.credenceresearch.com/report/bioinformatics-market

ToC:

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Bioinformatics Market Portraiture
2.2 Global Bioinformatics Market, by Products & Services, 2015 Vs 2024 (Value %)
2.3 Global Bioinformatics Market, by Application, 2015 Vs 2024 (Value %)
2.4 Global Bioinformatics Market, by Geography, 2015 (Value %)

Chapter 3 Bioinformatics Market Analysis
3.1 Global Bioinformatics Market Analysis
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Increasing demand for data magament services and products in healthcare R&D industry
3.2.1.2 Rising application of proteomics and genomics in development of effective theraputics
3.2.1.3 Increasing number of collaborations in pharmceutical companies and research and development institutes or universities
3.2.2 Challenges
3.2.2.1 Data Integration is difficult due to lack of uniform standards and common data formats
3.2.3 Opportunities
3.2.3.1 Rising demand for Nanopore Sequencing Technology and Cloud Technology in the near future
3.2.3.1 Developing healthcare infrastructure in emerging economies such as Brazil, India and China will Boost the Market Growth
3.3 Attractive Investment Proposition…

Request Sample: http://www.credenceresearch.com/sample-request/58266

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Blog: https://www.pdfdevices.com/dairy-ingredients-market-volume-forecast-and-value-chain-analysis-2016-2026/

Media Contact

Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com

%d bloggers like this: