Bioinformatics Platforms Market Regional Analysis
North America followed by Europe is expected to witness the highest market share in the global bioinformatics platforms market over the forecast period. This is owing to high presence and increasing mergers and acquisitions of key players, high adoption of new and advanced technology, and increasing research and development funding activities in these regions.
For instance, in October 2013, Qiagen acquired CLC Bio, a Denmark-based bioinformatics software company. CLC Bio was focused on developing and marketing software for analyzing genomic data from next-generation sequencing platforms and conventional Sanger sequencing instruments. The acquisition integrated CLC Bio’s product portfolio including CLC Genomics Workbench, CLC Main Workbench, and CLC Genomics Server to Qiagen’s portfolio.
Increasing development of high-throughput bioinformatics platform leads to a constant boost in the volume of data available for analysis, resulting in data deluge. Such large amount of data leads to an increasing need for analysis, annotation, retrieval, and storage. Moreover, consideration of storage and processing, as well as the transfer of data between collaborating partners, are often involves integration of advanced software and hardware support.
By Region
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