Bioinformatics Services Market
Research Report (2020-2025) Provides In-Depth Analysis by Scope, Growth Rate,
Driving Factors, Competitive Situation, Top Manufacturers and Upcoming Trends. Bioinformatics
Services Market report split global into several key Regions which mainly
includes Market Overview, Table of Content, List of Figures and Applications. Bioinformatics
Services Market Growing at Higher CAGR Rate of XX% between (2020-2025).
Summery:-
The global Bioinformatics
Services Market size is expected to value at USD 4.1 billion by 2024, due to
increasing demand from healthcare sector to carry out various studies such as
cell signaling, pathway metabolism, gene-receptor interactions, and target
differentiation. Favorable government policies and initiatives coupled with
increasing funding for genomics oriented research & development, rising
demand for drug discovery as well as biomarker development processes are
expected to stimulate the growth of bioinformatics services industry over the
forecast period.
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The key driving factors responsible for the growth of Bioinformatics
Services market :
In addition, swift decline in
cost of DNA sequencing is expected to play major role in future market growth
of bioinformatics services market. Globally, the bioinformatics services
industry is predicted to grow at higher CAGR in the forecast period, providing
numerous opportunities for market players to invest for research and
development in the market.
Massive investment for research
& development by both government authorities & private bodies in the
areas of metabolomics, proteomics, and transcriptomic is anticipated to foster
market requirement of advanced IT solutions for large data storage and enhanced
analysis .Studies involving proteomics and genomics require large arrays of
structural information, which has to be stored and processed accordingly to
extract information. The bioinformatics services helps to analyze and monitor
large chunks of data with higher processing rate.
Incorporation of information and
communication technology (ICT) infrastructure along with various operating
entities or through relocation of data services with the help of cloud
computing technology, which is maintained by a third parties, thus driving
emerging demand, are predicted to fuel market growth over the next seven years.
However, lack of skilled labor force and higher initial cost are some of the
key challenges for sustained market growth. In addition, inability to adopt
bioinformatics tools and lack of data integration are limiting market progress
to a certain extent. Other factor restraining industry growth include high
volume statistics management and industry consolidation, particularly
applicable for end-user manufactures.
Various types of bioinformatics
services include next generation sequencing (NGS), chemoinformatics, microarray
data analysis, biological data curation, and scientific software testing
services. Next generation sequencing (NGS) consists of targeted sequencing,
transcriptome, whole genome, chip sequencing, de-novo assembly, and methyl
sequencing analysis. These factors are expected to boost market demand for
bioinformatics services in the near future.
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Table of Contents:-
• Bioinformatics Services Market
Overview
• Bioinformatics Services Market
Competition by Manufacturers
• Bioinformatics Services Market
Production, Revenue (Value) by Region (2014-2025)
• Bioinformatics Services Market Supply
(Production), Consumption, Export, Import by Regions (2014-2025)
• Bioinformatics Services Market
Production, Revenue (Value), Price Trend by Type
• Bioinformatics Services Market
Analysis by Application
• Bioinformatics Services Market
Manufacturers Profiles/Analysis
• Bioinformatics Services Market
Manufacturing Cost Analysis
• Bioinformatics Services Market
Industrial Chain, Sourcing Strategy and Downstream Buyers
• Bioinformatics Services Market
Marketing Strategy Analysis, Distributors/Traders
• Bioinformatics Services Market Effect
Factors Analysis
• Bioinformatics Services Market
Research Findings and Conclusion
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