Bioinformatics Market Industry Trends, Share, Size and Forecast 2021-2027

Anujakarande03 Jun, 2021Health

Bioinformatics market is estimated to value over USD 19.37 billion with a CAGR of over 14% from the forecast period 2020 to 2027. The use of advanced computerized systems for the analysis of biological or genetic data is essentially bioinformatics. The system is useful for next-generation sequencing (NGS), gene coding, transcriptomics, forensic science and so on. Being a stream of genetics, the market has shown remarkable growth since the past years.