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Bioinformatics: Technologies and Global Markets
[October 18, 2018]

Bioinformatics: Technologies and Global Markets


NEW YORK, Oct. 18, 2018 /PRNewswire/ -- Report Scope:
The scope of the study encompasses the global bioinformatics market based on geography, category and application.It provides a detailed analysis of recent advances in omic technologies and examines their impact on the bioinformatics market.

Read the full report: https://www.reportlinker.com/p01169883

It discusses the ways in which bioinformatics has been utilized by the pharma and biotech industry to streamline the research and development (R&D) process and improve efficiencies. It provides a detailed analysis of the leading countries, companies and technologies that will drive the field forward.

Report Includes:
- 28 data tables and 72 additional tables
- An overview of the global market for bioinformatic technologies and their applications
- Analyses of global market trends, with data from 2016, 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Discussion of the goal of bioinformatics and their role in systems biology
- Insight into the application of bioinformatics on drug development, including cheminformatics, next-generation sequencing, metagenomics and data management systems
- Detailed profiles of major companies in the market, including 3rd Millennium, Inc., Biomatters Ltd., Compugen Ltd., DNASTAR, Inc., and Illumina, Inc.

Summary
Bioinformatics is the science of managing, analyzing, storing and merging biological data using advanced computing techniques.It requires a multidisciplinary approach and draws information from different disciplines to make vast, diverse and complex life sciece data more understandable and useful.




The rapid growth in raw data generation and advances in IT software and infrastructure have enabled researchers to integrate disparate data sets in order to decipher complex biological processes and develop predictive models of disease, for the purposes of identifying and validating novel bio markers and developing precision medicines.

The global bioinformatics market was estimated to be worth REDACTED in 2016, and it is forecast to increase to about REDACTED by 2022 at a compound annual growth rate (CAGR) of REDACTED. It attracts considerable funding from governments, and it is driven by applications across many sectors, including biotechnology, pharmaceutical agriculture, food safety, chemical and manuf acturing.


Scope of Report
The scope of the study encompasses the global bioinformatics market based on geography, category and application.It provides a detailed analysis of recent advances in omic technologies and examines their impact on the bioinformatics market.

It discusses the ways in which bioinformatics has been utilized by the pharma and biotech industry to streamline the research and development (R&D) process and improve efficiencies. It provides a detailed analysis of the leading countries, companies and technologies that will drive the field forward.

Reasons for Doing This Study
Since scientists unraveled the blueprint of the human genome more than 10 years ago, they have been exploring new ways to utilize "omic" data to understand more complex diseases.Researchers are eager to analyze as many different types of data as possible to gain a better understanding of that which is happening at the cellular and molecular levels.

Service providers have developed new analytical tools and IT infrastructures to enable scientists to interrogate complex data sources, and quickly and efficiently disseminate information for better decision-making to achieve this goal.

More recently, improvements in cloud computing capabilities, advances in data analysis software services and the growth of NGS technologies have helped to expand the evaluation of available datasets, allowing researchers to build systems biology models of various diseases.

Read the full report: https://www.reportlinker.com/p01169883

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Cision View original content:http://www.prnewswire.com/news-releases/bioinformatics-technologies-and-global-markets-300733935.html

SOURCE Reportlinker


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