Bioinformatics is a combination of biology and information technology, which links biological data with techniques for information storage, distribution, and analysis to support multiple areas of scientific research, including biomedicine. Bioinformatics software and tools are being used as integrated solutions which provide algorithms and statistical methodologies for data analysis and help in integrating data management and analysis for applications such as next generation sequencing, genomic and proteomic structuring and modeling, and three-dimensional drug designing. There are various bioinformatics tools available in the market categorized as homology and similarity tools, protein functional and analysis tools, sequence analysis tools and miscellaneous tools. Increasing R&D initiatives in proteomics and genomics market including other related ‘–omics’ fields are further expected to support the market growth to meet the demand for data storage and analysis.
The increasing scope in research and development, drug discovery, new advancements in genetics analysis and synthesis methods and techniques are driving the Bioinformatics market.
Global Bioinformatics Market is valued at USD 7.32 billion in 2019 and expected to reach USD 20.55 billion by 2026 with the CAGR of 13.80% over the forecast period.
Top Bioinformatics Companies in the Global Market 2021
Life Technologies Corporation was a biotech company established in 2008 and headquartered at Waltham, MA. Life Technologies is now part of Thermo Fisher Scientific. Life Technologies Corporation Specialties in Invitrogen, Applied Biosystems, Biotechnology tools and solutions, Sequencing, Reagents, Assays and kits, Benchtop, PCR instruments and consumables, Cloning and gene synthesis, Genome editing, Exosomes, Transfection, Protein expression and analysis, and Cell media.
Bio-Rad Laboratories, Inc established in 1952 and headquartered at Hercules, California, 94547, United States. Specialties in Laboratory instruments, apparatus, and consumables for life science research, products used to separate, purify, identify, analyze, and amplify biological materials, and laboratory diagnostics products to support monitoring and treatment of diseases.
Agilent Technologies, Inc. is an American analytical instrumentation development and manufacturing company established in 1999 and headquartered at California, 95051, United States. Specialties in Diagnostics & Genomics, Chemical Analysis, Life Sciences, Environmental & Forensics, Food Safety, Pharmaceutical, Cancer Research, Pathology, biopharma, Agriculture, and Clinical Diagnostics. Agilent Technologies had nearly 16300 Employees and had a revenue of $ 5 Billion.
Thermo Fisher Scientific is an American Company Established in 1956 and headquartered at Waltham, MA United States. Specialties in Analytical Instruments, Laboratory Supply Chain Programs and eCommerce, Laboratory Equipment, Lab Services, Specialty Diagnostics, Life Sciences, Pharma Services, and CDMO. Thermo Fisher Scientific Inc had 75000 Employees and had a revenue of $25 Billion.
Illumina, Inc. is an American company established in 1998 and headquartered at San Diego, California, United States. Specialties in markets integrated systems for the analysis of genetic variation, biological function, drug development, array-based solutions for DNA, RNA and many more. Illumina, Inc had 7700 Employees and had a revenue of $3 Billion.
Key Benefits for Global Bioinformatics Market Reports–
Global Bioinformatics Market report covers in depth historical and forecast analysis.
Global Bioinformatics Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Bioinformatics Market report helps to identify opportunities in marketplace.
Global Bioinformatics Market report covers extensive analysis of emerging trends and competitive landscape.