Global $24.1 Billion Bioinformatics Markets & Technologies to 2025
Share: ResearchAndMarkets.com's offering. The global market for bioinformatics should grow from $16.1 billion in 2020 to $24.1 billion by 2025 with a compound annual growth rate (CAGR) of 8.4% for the period of 2020-2025. The high growth rate of this segment is attributed to factors such as the demand for antibodies research, the expanding COVID-19 pandemic, epidemics of other infectious diseases, and an increase in R&D activities by key companies to develop new data regarding genetic consequences to counter the rise in different infectious diseases globally. Moreover, the advancement of bio...
Source: benzinga.com