North America Bioinformatics Market - Industry Trends and Analysis Report Till 2024
According to Data Bridge Market Research new Market report “North America Bioinformatics Market” By Industry (Molecular Medicine, Drug Development, Clinical Diagnostics, Agriculture, Forensic, Animal, Academics & Research, Environmental, Gene Therapy), By Product Type (Sequencing Platforms, Knowledge Management Tools, Bioinformatics Software), By Application (Preventive Medicine, Molecular Medicine, Genomics, Drug Development, Transcriptomics, Others), By Services (Data Analysis, Sequencing, Database integration, Others), By Country (U.S., Canada, Mexico) – Trend and Forecast to 2022”, has accounted for USD 2.5 billion in 2015 and is expected to reach USD 6.0 billion by 2022, growing at a CAGR of 13.3% in the forecasted period 2016 to 2022.
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The North America biometrics market is expected to experience a surging growth in the near future. The driving factors for this market are increasing government initiatives and funding, and growing use of bioinformatics in drug discovery and biomarkers development processes. However, shortage of trained research personnel required for proper use of bioinformatics tools, and non-availability of platforms to integrate large datasets produced by bioinformatics is expected to offset the growth of this market.
North America Bioinformatics Market – Geographical Segmentation
Based on geography the market is segmented into 3 countries, U.S. Canada and, Mexico. U.S. is expected to dominate the market due to large investments in public and private research for drug developments and gene therapy. China and, India among some other developing nations is expected to grow at the highest CAGR due to large private multinationals investing in healthcare development in these countries.
North America Bioinformatics Market – Market Segmentation:
The North America bioinformatics market is segmented based on industry, product type, application and services. Sequencing platforms are broadly used, and is expected to grow at the highest CAGR among its peer segments. The growth of this product is owing to the increasing usage of gene sequencing in diagnosis of cancerous mutation. Scientists searching for the genetic mutation that affects plant or animal characteristics requires sorting of massive amounts of data, previously scientists used to look at one gene at a time but now thousands of genes can be analyzed at once using sequencing platforms.
Based on applications the North America bioinformatics market is segmented into preventive medicine, molecular medicine, genomics, drug development, transcriptomics and, other biotechnological applications. Genomics and drug development in proteomics is expected to drive the bioinformatics market in the forecasted period. Large investments in the field of genomics and proteomics is surging the growth of bioinformatics market and its usage in this applications.
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North America Bioinformatics Market – Competitive Landscape:
In-depth profiling of key players has been conducted along with recent developments (new product launches & partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the North America bioinformatics market. Some of the major players operating in this market are
• Illumina, Inc.,
• NAnexus, Inc.,
• Qiagen,
• Thermo Fisher Scientific, Inc.,
• Agilent Technologies,
• Dassault Systèmes,
• Geneva Bioinformatics (Genebio) SA,
• Integromics S.L.,
• Perkinelmer, Inc.,
• Applied Biological Materials (ABM) among others.
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
Request for free sample: https://databridgemarketresearch.com/request-a-sample/?dbmr=north-america-bioinformatics-market
The North America biometrics market is expected to experience a surging growth in the near future. The driving factors for this market are increasing government initiatives and funding, and growing use of bioinformatics in drug discovery and biomarkers development processes. However, shortage of trained research personnel required for proper use of bioinformatics tools, and non-availability of platforms to integrate large datasets produced by bioinformatics is expected to offset the growth of this market.
North America Bioinformatics Market – Geographical Segmentation
Based on geography the market is segmented into 3 countries, U.S. Canada and, Mexico. U.S. is expected to dominate the market due to large investments in public and private research for drug developments and gene therapy. China and, India among some other developing nations is expected to grow at the highest CAGR due to large private multinationals investing in healthcare development in these countries.
North America Bioinformatics Market – Market Segmentation:
The North America bioinformatics market is segmented based on industry, product type, application and services. Sequencing platforms are broadly used, and is expected to grow at the highest CAGR among its peer segments. The growth of this product is owing to the increasing usage of gene sequencing in diagnosis of cancerous mutation. Scientists searching for the genetic mutation that affects plant or animal characteristics requires sorting of massive amounts of data, previously scientists used to look at one gene at a time but now thousands of genes can be analyzed at once using sequencing platforms.
Based on applications the North America bioinformatics market is segmented into preventive medicine, molecular medicine, genomics, drug development, transcriptomics and, other biotechnological applications. Genomics and drug development in proteomics is expected to drive the bioinformatics market in the forecasted period. Large investments in the field of genomics and proteomics is surging the growth of bioinformatics market and its usage in this applications.
Inquire before buying: https://databridgemarketresearch.com/inquire-before-buying/?dbmr=north-america-bioinformatics-market
North America Bioinformatics Market – Competitive Landscape:
In-depth profiling of key players has been conducted along with recent developments (new product launches & partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the North America bioinformatics market. Some of the major players operating in this market are
• Illumina, Inc.,
• NAnexus, Inc.,
• Qiagen,
• Thermo Fisher Scientific, Inc.,
• Agilent Technologies,
• Dassault Systèmes,
• Geneva Bioinformatics (Genebio) SA,
• Integromics S.L.,
• Perkinelmer, Inc.,
• Applied Biological Materials (ABM) among others.
Access Report: https://databridgemarketresearch.com/reports/north-america-bioinformatics-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com