Germany Bioinformatics Sector Discussed by TechSci Research in New Report Recently Published at MarketPublishers.com14 Jul 2015 • by Natalie Aster
LONDON – German’s bioinformatics market is one of the most rapidly growing bioinformatics markets in Europe. The growth in the sector is driven by the growing concerns over data management and increasing role of IT in drug discovery. Soaring demand for novel medical solutions used to treat diseases, decoding genetic makeup of an organism, examining climatic changes, surging usage of microbial genome information for waste cleanup, evolutionary studies, rising investments from government and private organizations, and antibiotic resistance are the key factors propelling the country’s bioinformatics market. Growing trend toward genome and protein sequencing, and expanding demand for personalized medicines, alongside advances in nanopore sequencing methods and cloud technologies are projected to drive the market through to end-2020.
German’s bioinformatics market is projected to expand at over a 29% CAGR through 2020. Rising trend of information fusion and a hike in the number of academia partnerships (with a view to provide additional insights for R&D activities) are fuelling the demand for bioinformatics solutions for data processing and storage in Germany. Increasing human life expectancy in the country is expected to drive novel drug discovery and development, thus, driving demand for bioinformatics-based technologies. At present, key application segments in the market like Genomics and Proteomics will likely maintain their leadership through 2020. Biovia, Affymetrix, Agilent Technologies and Biomax Informatics are the key players involved in the domestic bioinformatics market.
New research study “Germany Bioinformatics Market Forecast and Opportunities, 2020” worked out by TechSci Research gives comprehensive insights into the German bioinformatics market. It contains market size estimates and forecasts (in value terms) along with market share data plus forecasts to 2020 (by products & services, application, sector, and by company). The report provides detailed market segmentation analysis, discusses major market challenges and drivers, casts light on the recent industry developments, offers a SWOT analysis of the sector, includes the country’s economic profile, examines the policy and regulatory landscape. Further, an analysis of the competitive scenario is provided, including a discussion on the 10 leading market players. The study also contains valuable strategic recommendations.
Germany Bioinformatics Market Forecast and Opportunities, 2020
Date: July, 2015
Price: US$ 2,200.00
More reports by this publisher can be easily found at TechSci Research page.