The Global AI in Bioinformatics Market report displays the competitive nature among key manufacturers, with market share, revenue, and sales. This report studies market risk, market overview, and market opportunities. It also evaluates the leading manufacturers of the global market which consists of its revenue, sales, and price of the products. Furthermore, it presents global market by regions, market share and with revenue and sales for the projected period. AI in Bioinformatics Market report also evaluates the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

 

Data Bridge Market Research analyses that the AI in bioinformatics market is expected to reach the value of USD 37,027.96 million by 2029, at a CAGR of 42.7% during the forecast period.

 

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Bioinformatics is a sub-discipline that has to do with the analysis of sequences of biological molecules. It usually refers to genes, DNA, RNA, or protein and is particularly useful in comparing genes and other sequences in proteins and different sequences within an organism or between organisms, looking at the evolutionary relationships between organisms and using the patterns that exist across DNA and protein sequences to figure out what their function is.

 

Bioinformatics combines computer programming, big data and molecular biology, which enables scientists to understand and identify patterns in biological data. It is particularly useful in studying genomes and DNA sequencing, as it allows scientists to organize large amounts of data.

 

From genetics to toxicology to mycology and radiobiology, there are scores of branches of Biology to specialize in. And out of the many, bioinformatics is one of the intriguing fields which enables you to identify, evaluate, store and retrieve biological information. Being an interdisciplinary field of study, it incorporates various applications of computer science, statistics and biology to develop software applications for understanding biological data like DNA sequencing, protein analysis, evolutionary genetics and others.

 

In the coming future, important decisions related to bioinformatics on drug discovery will be made by individuals who not only understand biology but can also use the bioinformatics tools and the knowledge they release to develop hypotheses and identify the quality target.

 

Some of the major players operating in the AI in bioinformatics market are JADBio & Gnosis Data Analysis, Fios Genomics, SOPHiA GENETICS, Biomax Informatics Inc., DNASTAR, Ardigen (Parent Company Selvita Group), Source BioScience, QIAGEN, NeoGenomics Laboratories, CelbridgeScience, Eurofins Scientific, Illumina, Inc., Thermo Fisher Scientific, Inc., Insilico Medicine, Strand Life Sciences, Dassault Systèmes, iNDX.Ai, Paige AI, Inc., SomaLogic Operating Co., Inc., Elucidata among others.

 

The reduction in the genetic sequencing cost has enhanced the demand of the market. The rising healthcare expenditure for better health services is also attributed to the growth of the market. The major market players are highly focused on various service launches and service approvals during this crucial period. In addition, the growing demand for bioinformatics and increasing public-private sector funding for bioinformatics are also contributing to the rising demand for the market.

 

The global AI in bioinformatics market is growing in the forecast year due to the rise in market players and the availability of advanced services. Along with this, manufacturers are engaged in R&D activity for launching novel services in the market. The increasing advancements in bioinformatics technology are further boosting the market growth. However, the high cost of instrumentations and cybersecurity concerns in bioinformatics might hamper the growth of the global AI in bioinformatics market in the forecast period.

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Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-ai-in-bioinformatics-market

 

 

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