Bioinformatics Services market is expected to reach USD 3.53 billion by 2027 from USD 1.70 billion in 2018, at a CAGR of 15% during the forecast period.
Bioinformatics is the field of developing methods and software tools to better understand biological data. Bioinformatics is used in biological applications including genomics, drug discovery, structural biology research, and biomedical imaging. Bioinformatics is also used to organize and retrieve data along with advanced analytical tools for analyzing various experimental parameters.
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Key Market Players
The major players in the bioinformatics services market profiled in this report are Illumina (US), Thermo Fisher Scientific (US), Eurofins Scientific (Luxembourg), BGI (China) dominated the market. Other players in the market are NeoGenomics (US), PerkinElmer (US)
By Application
- Genomics
- Chemoinformatics and Drug Design
- Proteomics
- Transcriptomics
- Metabolomics
- Other Applications
By End User
- Academic Institutes & Research Centers
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Other End Users
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Scope of the Report
The research study analyzes the global Bioinformatics Services industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bioinformatics Services Market Report
1. What was the Bioinformatics Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Bioinformatics Services Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bioinformatics Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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