Title: Bioinformatics Platforms Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2026
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2BIOINFORMATICS PLATFORMS MARKET
ANALYSIS
- Bioinformatics Platforms Market, by Platform
Type (Sequence Analysis Platforms, Sequence
Alignment Platforms, Sequence Manipulation
Platforms, Structural Functional Analysis
Platforms, and Others), by Application (Drug
Development, Molecular Genomics, Personalized
Medicine, Gene Therapy, Protein Function
Analysis, and Others), by End User (Academic and
Research Organizations, Contract Research
Organizations, and Pharmaceutical and
Biotechnology Organizations), and by Region
(North America, Latin America, Europe, Asia
Pacific, Middle East, and Africa) - Size, Share,
Outlook, and Opportunity Analysis, 2019
3Market Dynamics
- Rapid development of next generation sequencing
technology has increased the amount of available
microbial genomes. Such increasing amount of
microbial genome sequences has led to a growing
demand for bioinformatics platform tools that
support the comparison of closely related
genomes. Bioinformatics platform combines
statistical analysis modules to enable faster and
easier analysis and integration and visualization
of different types of big data generated through
analysis of microbial genomes.
4Bioinformatics Platforms Market Drivers
Increasing focus of key players on accelerating
drug discovery and development process is
expected to aid in the bioinformatics platforms
market growth. Pharmaceutical companies,
non-profit organizations, and healthcare
regularity organizations are increasingly
utilizing funds and their capabilities in drug
discovery and development process. Growing focus
by these players in leveraging bioinformatics
platforms for increasing the effectiveness in
drug discovery and development process is
expected to propel growth of the bioinformatics
platforms market.
5Bioinformatics Platforms Market Regional Analysis
- North America followed by Europe is expected to
witness the highest market share in the global
bioinformatics platforms market over the forecast
period. This is owing to high presence and
increasing mergers and acquisitions of key
players, high adoption of new and advanced
technology, and increasing research and
development funding activities in these regions.
6Bioinformatics Platforms Market Key Player
- Key players operating in the global
bioinformatics platforms market include,
Affymetrix, Inc., Dassault Systemes, Agilent
Technologies, QIAGEN, ID Business Solutions,
Ltd., Agilent Technologies Inc., GenoLogics Life
Sciences Software, Inc., and Illumina, Inc.
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