Global Bioinformatics Services Market Research Report to 2027 – Increasing Focus on Outsourcing for the Management of Large Volumes of Data Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Bioinformatics Services Market Research Report by Specialty, Type, Application, End-User, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Bioinformatics Services Market size was estimated at USD 16.99 billion in 2021 and expected to reach USD 20.80 billion in 2022. The market is projected to grow at a CAGR 22.68% to reach USD 57.94 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Bioinformatics Services Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Bioinformatics Services Market, including Accelerys Inc., Agilent technologies, Inc., BaseClear B.V., BGI Group, CD Genomics, Eurofins Scientific, Fios Genomics Ltd., GENEWIZ, Inc., GVK Biosciences, Illumina, Inc., Macrogen, Inc., MedGenome, Microsynth AG, NeoGenomics Laboratories, Inc., PerkinElmer Inc., Psomagen, Inc., QIAGEN, Siegen Inc., Source BioScience, and Thermo Fisher Scientific.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Bioinformatics Services Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Bioinformatics Services Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Bioinformatics Services Market?

4. What is the competitive strategic window for opportunities in the Global Bioinformatics Services Market?

5. What are the technology trends and regulatory frameworks in the Global Bioinformatics Services Market?

6. What is the market share of the leading vendors in the Global Bioinformatics Services Market?

7. What modes and strategic moves are considered suitable for entering the Global Bioinformatics Services Market?

Market Dynamics

Drivers

• Growing applications of bioinformatics in various industries
• Increasing public-private sector funding for bioinformatics services
• Rising pharmaceutical and biotech R&D expenditure

Restraints

• Concerns regarding complexity of data

Opportunities

• Reducing cost of sequencing and growing volume of data generated during sequencing
• Increasing focus on outsourcing for the management of large volumes of data

Challenges

• Lack of well-defined standards and interoperability issues for bioinformatics analysis

Companies Mentioned

• Accelerys Inc.
• Agilent technologies, Inc.
• BaseClear B.V.
• BGI Group
• CD Genomics
• Eurofins Scientific
• Fios Genomics Ltd.
• GENEWIZ, Inc.
• GVK Biosciences
• Illumina, Inc.
• Macrogen, Inc.
• MedGenome
• Microsynth AG
• NeoGenomics Laboratories, Inc.
• PerkinElmer Inc.
• Psomagen, Inc.
• QIAGEN
• Siegen Inc.
• Source BioScience
• Thermo Fisher Scientific

For more information about this report visit https://www.researchandmarkets.com/r/wh9i2z

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