Bioinformatics platforms are specialized software solutions that are used extensively in healthcare for varied purposes including sequencing and analysis of genetic codes, drug discovery and development processes, biomarker exploration, and personalized medicine….
Tag: biological data
Novel coronavirus pandemic has been the major driving force for the growth of the Bioinformatics market. With the rising cases of COVID-19, there is a high demand for advanced genomic research and drug discovery. Bioinformatics plays a crucial role in analyzing vast amounts of genomic data and identifying potential drug targets, which has led to a significant surge in its adoption.
The global Bioinformatics Market is estimated to be valued at USD 22.1 billion in 2023 and is expected to exhibit a CAGR of 21.0% over the forecast period (2023-2030), as highlighted in…