Bioinformatics Market – Global Industry Analysis and Forecast Published by Technavio

LONDON--(BUSINESS WIRE)--

Technavio has published a new report on the global bioinformatics market, which is expected to grow at a CAGR of more than 20% from 2015-2019.

Bioinformatics market segmentation including application and product

Technavio's report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different applications including pharmaceuticals, biotechnology, agriculture, environmental and forensic sciences.

Additionally, analysts have segmented market projections by key geography, and also by product, including platforms, tools and services.

"Advances in NGS, proteomics, genomics and biobanking, and the expansion of the consumer base to end-users have increased the demand for bioinformatics tools for data analysis. Researchers can now analyse huge volumes of data using powerful tools and software," says Faisal Ghaus, Vice President of Technavio.

The global bioinformatics market is characterized by the presence of a large number of prominent vendors like Applied Maths, Astrid Research, Biobase, Cerner, DNASTAR, Genedata, GeneTalk, IBM, Ingenuity Systems, MacVector, Ocimum Bio Solutions, Qlucore, Roche Diagnostics, SimBioSys, SRA International, TCS and Thermo Fischer Scientific (Invitrogen).

Bioinformatics: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global bioinformatics market from 2015-2019. To calculate the market size, the report considers revenue generated from the sales of platforms, tools, and services in the Americas, EMEA and APAC.

Industry analysis includes:

• Key Vendors:
  • Affymetrix Inc.
  • Agilent Technologies Inc.
  • Dassault Systèmes SA
  • Qiagen NV
• Market Growth Drivers:
  • Improvements in Molecular Diagnostics
  • Advances in IT
• Market Challenges:
  • Lack of Skilled Professionals
  • Complications of Data Storage and Analysis
• Market Trends:
  • Growing Focus on Bioinformatics
  • Drug Discovery Through Bioinformatics Data

View the global bioinformatics market report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the biology market:

• Global Synthetic Biology Market 2014-2018
• Spinal Devices and Biologics Market in the US 2011-2015

If you are interested in more information, please contact our media team at media@technavio.com.

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