Bioinformatics Market Size is Projected to Hit 24.07 Bn by 2028, With at a 12.1% CAGR by 2022-2028 | Brandessence Market Research
The escalating demand for integrated bioinformatics systems in proteomics and genomics is also bolstering market growth.
- The escalating demand for integrated bioinformatics systems in proteomics and genomics is also bolstering market growth.
- However, challenges persist in the form of a shortage of skilled professionals and the high implementation costs associated with bioinformatics software.
- Competitive Rivalry within the Industry:
High Threat: The bioinformatics market is highly competitive, with numerous well-established players vying for market share. - The bioinformatics market is poised for remarkable growth, driven by technological advancements, increasing research endeavors, and a burgeoning focus on personalized medicine.