New report examines the Global bioinformatics market is expected to reach USD 22.78 billion by 2024 – WhaTech

Details WhaTech Channel: Medical Market Research Published: 14 March 2017 Submitted by Shubham Dwivedi WhaTech Pro+ News from Data Bridge Market Research Viewed: 1 times

Global bioinformatics market is expected to reach USD 22.78 billion by 2024 from USD 6.54 billion in 2016, at a CAGR of 16.8% in the forecast period 2017 to 2024.

The global bioinformatics market is segmented based on industry, product type, service and application..

Based on industry, the bioinformatics market is segmented into molecular medicine, drug development, clinical diagnostics, agriculture, forensic, animal, academics and research, environmental and gene therapy.

Based on product type, the bioinformatics market is segmented into sequencing platforms, knowledge management tools and bioinformatics software.

Based on applications, the bioinformatics market is segmented into preventive medicine, molecular medicine, genomics, drug development, transcriptomics and, other biotechnological applications.

Based on services, the bioinformatics market is segmented into data analysis, sequencing, data integration among others.

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Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S.

Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to large investments in public and private research for drug developments and gene therapy.

Read more: databridgemarketresearch.com/global-bioinformatics-market-expected-reach-usd-16-7-billion-2022/

Global Player Operating in the Global Bioinformatic Market:

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New report examines the Global bioinformatics market is expected to reach USD 22.78 billion by 2024 - WhaTech