The Bioinformatics Services Market To Witness An Effervescence Of Growth In The Next Decade - PowerPoint PPT Presentation

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The Bioinformatics Services Market To Witness An Effervescence Of Growth In The Next Decade

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In 2018, the global market for bioinformatics services registered the revenues worth US$ 1.9 Bn. Spectacular growth in the deployment of bioinformatics services is likely to offer a strong impetus to the global market value in 2019, at an estimated 13% Y-o-Y growth rate. – PowerPoint PPT presentation

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Title: The Bioinformatics Services Market To Witness An Effervescence Of Growth In The Next Decade


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Bioinformatics Services Market
Report Id PMRREP29629 Category Life Science
Healthcare
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The Bioinformatics Services Market To Witness An
Effervescence Of Growth In The Next Decade
  • In 2018, the global market for bioinformatics
    services registered the revenues worth US 1.9
    Bn. Spectacular growth in the deployment of
    bioinformatics services is likely to offer a
    strong impetus to the global market value in
    2019, at an estimated 13 Y-o-Y growth rate. A
    new Persistence Market Research (PMR) study has
    projected robust growth prospects for the
    bioinformatics services industry over the course
    of next few years.
  • Factors such as the increasing prevalence of
    diabetes other chronic diseases, increasing
    geriatric population, and increasing
    collaborations partnerships between various IT
    companies and pharmaceutical companies are
    expected to boost the revenue generation of the
    bioinformatics services market during the
    forecast period. The adoption of IT solutions in
    various academic sectors is also expected to
    increase the growth of the bioinformatics
    services market.
  • Several key manufacturers are focusing on mergers
    collaborations, the settlement of new services
    centers, and increasing their footprints in
    emerging markets. For example, Illumina Inc.
    emphasizes on the setting up of new service
    centers and sales units. Strand Life Sciences is
    focusing on increasing its footprint in emerging
    markets.

Get Sample Copy of this Report _at_ https//www.persi
stencemarketresearch.com/samples/29629
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North America and Europe Continue to Lead the Way
in Global Market
Based on the service type, the global
bioinformatics services market has been segmented
into data storage and management, sequencing,
data analysis, drug discovery and other types of
services. Based on the application, the
bioinformatics services market has been segmented
into molecular development, drug development
microbial genome application, veterinary science,
gene therapy, forensic analysis and other
applications associated with bioinformatics
services market. Based on the end user, the
bioinformatics services market has been segmented
into academic and research center, pharmaceutical
and biotechnology industries, forensic
laboratories and other end users. Geographically,
North America, followed by Europe, is expected to
hold a significant revenue share in the global
bioinformatics services market. Companies
operating in the global bioinformatics services
market are focusing or merging with other IT
companies to expand their bioinformatics services
businesses. Key players of the bioinformatics
services market are also focusing on increasing
their footprints in various emerging regions.
Access Full Report _at_ https//www.persistencemarket
research.com/checkout/29629
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