AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Bioinformatics market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Bioinformatics market to grow at a CAGR of 12.4%.

The End users, such as Medical Biotechnology Sector, is boosting the Bioinformatics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Platforms, such as Sequence Analysis Platforms, is boosting the Bioinformatics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Services, such as Sequencing Services, is boosting the Bioinformatics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Knowledge Management Tools, such as Generalized Knowledge Management Tools, is boosting the Bioinformatics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

According to Analyst at AMA Research, the Global Bioinformatics market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Rising Demand for Nucleic Acid and Protein Sequencing Analysis, The Emergence of Rare Disease and Increasing Drug Discovery and Development”.
 

According to the World Health Organization (WHO), there are 5000 to 8000 distinct rare diseases in Europe along that affects 27 million to 36 million. Similarly, the other part of the world is also witnessing new diseases that are yet to have customized prescription treatment. Hence, these rare diseases require a lot of data analytics for diagnosis and medication which predominantly requires bioinformatics and related tools along with other research methods. Bioinformatics is a science that combines subjects such as biology, computer science, computer programming, information engineering, mathematics, and statistics in order to analyze the biological information and device newer diagnostic and medication methodologies for patients. Need for integrated data and Increasing growth in proteomics & genomics is driving the Global Bioinformatics Market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Bioinformatics market by Type (Knowledge Management Tools, Bioinformatics Platforms and Bioinformatics Services), by Application (Genomics, Chemoinformatics & Drug design, Proteomics, Transcriptomics, Metabolomics and Other Applications) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market