Bioinformatics Platform Market is estimated to be US$ 14.0 Billion by 2029 with a CAGR of 14.7% during the forecasted period

Bioinformatics Platform Market accounted for US$ 3.6 billion in 2019 and is estimated to be US$ 14.0 billion by 2029 and is anticipated to register a CAGR of 14.7%.Key participants are involved in R&D of genetic and proteomic sequencing to improve DNA, RNA sequencing capabilities to further decrease the costs of genome sequencing. The development of next-generation sequencing technologies is projected to boost the bioinformatics industry during the forecast period. The report " Global Bioinformatics Platform Market, By Platform Type (Sequence Analysis Platform, Sequence Alignment Platform, Structural & Functional Analysis Platforms, and Others), By Application (Drug Development, Molecular Genomics, Gene Therapy, Personalized Medicines, and Others), By End-user (Academic & Research Institutes, Contract Research Organizations, and Biotechnology Organizations), and By Region (North America, Europe, Asia Pacific, Latin America, a...