With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
Bioinformatics is a sub-discipline of biology and computer science that involves both hardware and software to obtain, store, and interpret large quantities of biological data.
Cheminformatics Exhibits Fastest Growth
Based on Application, Cheminformatics is likely to grow in the Asia-Pacific Bioinformatics market during the forecast period. Cheminformatics tools are used primarily for managing high-throughput screening (HTS) and compound chemistry data. The advent of cheminformatics technologies allows drug discovery companies to save & reduce time & money by as much as 50%. The growing popularity of small molecule libraries is further expected to propel the growth of the Asia-Pacific Bioinformatics market in the coming years, reveals MarkNtel Advisors in their research report, “Asia-Pacific Bioinformatics Market Analysis, 2021.”
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The Final Report will cover the impact analysis of COVID-19 on this industry: Asia Pacific Bioinformatics Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast (2021-2026)
Market Opportunities
According to MarkNtel Advisors’ research report, “Asia-Pacific Bioinformatics Market Analysis, 2021,” the market is likely to grow at a CAGR of 17% during 2021-26 due to the increasing demand for cost-effective & analytical tools required in pharmacogenomics & proteomics. Moreover, the surging popularity of combinatorial chemistry techniques and the paradigm shift of consumers toward proteomics to enhance efforts to discover disease biomarkers & identify therapeutic targets also drive the demand for bioinformatics. Besides, soaring government funding to R&D, surging mergers & acquisitions to accelerate innovation, and the growing reliance of pharmaceutical companies on bioinformatics are other crucial factors likely to propel the overall market growth in the forecast period.
Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the Asia-Pacific Bioinformatics market include Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Affymetrix, Applied Biological Materials Inc., Illumina, Inc., QIAGEN, Biomax Biotechnics, DNANEXUS, Water corporation, Genebio, Integromics, Inc., PerkinElmer Inc., Partek, BGI, Dassault systems, etc.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Asia Pacific Bioinformatics Market and Revenue Analysis Insights by Latest Trends, Top Key Players, Future Growth, Revenue and Demand Forecast (2021-2026)
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Asia-Pacific Bioinformatics Market?
2. What is the country-wise industry size, growth drivers, and challenges key market trends?
3. What are the key innovations, opportunities, current, and future trends, and regulations in the Asia-Pacific Bioinformatics Market?
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Preface
3. Executive Summary
4. Impact of COVID-19 on Asia-Pacific Bioinformatics Market
5. Asia-Pacific Bioinformatics Market Outlook, 2016-2026F
5.1. Market Size & Analysis
5.1.1. By Revenues
5.2. Market Share & Analysis
5.2.1. By Product & Services
5.2.1.1. Platforms
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