Worldwide bioinformatics market 2014 to 2020

Furthermore, the presence of high unmet industry need is also expected to be significant reason to impact the growth of this region positively over the forecast period.

Nanopore sequencing technology is one of the growth opportunities for the bioinformatics market In the geographical analysis, the report identifies and analyses market size and forecast of North America, Europe, Asia and Rest of the World Row.

Continuous up-gradation in technology like cloud computing and nanopore technology has created a huge platform for storing, retrieving, analyzing, manipulating and organizing biological information. Some of the major companies operating in the global bioinformatics market: Product Insights Bio-content processing and management was the leading product segment accounting for over Some of the major drivers which help in increasing demand for bioinformatics are growing applications of bioinformatics in drug discovery and development and increasing bioinformatics support in development of personalized medicines and clinical diagnostics.

Among all the mentioned sub segments, database management and data analysis is the critical and expensive part owing to involvement of technology for organizing data and humans for interpretation.

Nevertheless, the strategic collaboration with wet laboratories and the rising scope in web-based services are some of the promising opportunities for key players operating in the market. Product Insights Bio-content processing and management was the leading product segment accounting for over As a result, the market is expected to grow at a CAGR of about Moreover, growing information technology applications in bioinformatics and bioinformatics support in development of biomarker for safer drugs are some major drivers of the global bioinformatics market.

It is used widely in the management of biological information in the field of medical research and development of drugs. The implementation of innovative strategies for expansion purposes is expected to intensify the competitive scenario in the global bioinformatics market.

Asia Pacific region is anticipated to show highest growth during the forecast period owing to the rapid increase in CRO activities, huge investment for introduction of IT in healthcare, growing medical tourism and growing academic and industry partnership.

In addition, the untapped opportunities in developing nations within the biotechnology industry are projected to fuel the global bioinformatics market in the coming years, states a TMR analyst.

It is used widely in the management of biological information in the field of medical research and development of drugs.

Regional Insights Geographically, North America was the most dominant region in entire bioinformatics market, in Lack of Well-defined Standards for Data Integration to Inhibit Market Growth The lack of common data formats and well-defined standards for the integration of data are expected to restrict the growth of the global bioinformatics market in the forecast period, says a TMR analyst.

This report provides in-depth analysis and estimation of the global bioinformatics market for the period toconsidering as the base year for calculation.

Furthermore, there have been several developments in genomic technology that have given rise to significant improvements in availability of prediction tools for secondary and tertiary structures of proteins and other biomolecular structures.

Asia Pacific is expected to grow at the fastest CAGR over the forecast period owing to the presence of companies providing outsourcing services to the industry for larger eastern industry players.

According to a new market report published by Persistence Market Research “Global Market Study on Bioinformatics - Asia to Witness Fastest Growth by ,” the global bioinformatics market was valued at USD 4, million in and is expected to grow at a CAGR of % from toto reach an estimated value of USD 12, million in January 20, - The global market for TPU films is expected to reach USD million byaccording to a new market research report by Grand View Research, Inc.

Positive outlook on the automotive industry, especially in Asia Pacific is expected to be a key driving force for the market. Bioinformatics Market Analysis (By Sectors, Products & Services and Application), Market Size, Application Analysis, Regional Outlook, Competitive Strategies and.

the global bioinformatics market was valued at USD billion in and is expected to grow at a CAGR of % from toto Location: State Tower, 90 State Street, SuiteAlbany, The global bioinformatics market is expected to reach USD billion by growing at an estimated CAGR of % from toaccording to a new report by Grand View Research, Inc.

Growing clinical development of biopharmaceutical and increasing need for three dimensional drug designing technology are expected to drive the market growth over the next five years.

Global Bioinformatics Industry European Bioinformatics Market III & (includes corresponding Graph/Chart) III 6b. REST OF LATIN AMERICA III

Worldwide bioinformatics market 2014 to 2020