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Bioinformatics Market is developing quiet well in the present scenario and will generate better mark
Posted: Jun 11, 2016
Bioinformatics is computational biology study using high computer technology by scientists to map human genome. It involves computers, databases and software tools for storing genetic details in biological data form. The Bioinformatics Market deals with demand and supply, production of sequencers and scope of innovation in development of bioinformatics tools for genome analysis during 2015-2020.
North America accounts for the largest market share for bioinformatics in the Bioinformatics Market owing to the higher adoption rate compared to other regions. Asia-Pacific is estimated to witness strong growth due to rise in Contract Research Organizations (CROs) and increased research outsourcing in the region.
China is one of the prominent countries from APAC region that is expected to make a break through entry as top manufacturer and researcher in the Bioinformatics Market. The high involvement of many countries in sequencing analysis and aggressive growth of many companies in this market is expected to rise during 2015-2020.
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Segmentation in the Bioinformatics Market:
The Bioinformatics Market is segmented into various categories in the IndustryARC market research report by product, by applications, by sector and by geography.
By product: bioinformatics platforms (sequence analysis, sequence alignment, sequence manipulation and structural & functional analysis and others), knowledge management tools (generalized knowledge management tools and specialized knowledge management tools) and services (sequencing, data analysis services, database management services and others)
By applications: genomics, proteomics, transcriptomics, metabolomics, molecular phylogenetics, chemoinformatics & drug design and others
By sector: medical bioinformatics, drug development, clinical diagnostics, molecular medicine (), gene therapy, reproductive biotechnology, animal bioinformatics, agricultural bioinformatics, environmental bioinformatics, forensic bioinformatics, academics and others
By geography: North America, South America, Europe, Asia Pacific and ROW
According to the IndustryARC market research report, some of the noteworthy key players in the Bioinformatics Market are as follows:
- Agilent Technologies Inc.
- Geneva bioinformatics
- Non linear dynamics
- Quest Diagnostics Inc.
- Life Technologies corp.
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The Bioinformatics Market has high scope of application in medical field and scientific field for the human genome study across the globe during 2015-2020. This market is profitable with many investors and national medical research agencies involved in research and development of bioinfo technology for decoding human genetics.
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