Cannabidiol Market Demand, Growth, Application, Analysis and Forecast to 2030 | #cannabidiol Market
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Bioinformatics Market 2028: Growth Opportunities, Segmentation, Competitive Landscape and Regional Analysis
Bioinformatics Market overview:
In a recent research report by Reports Insight Consulting Pvt. Ltd, the Bioinformatics Market is expected to surpass USD 26.84 Billion by the year 2028, from USD 11.90 Billion in 2021.
The use of computer technology to understand and utilize biological and biomedical data effectively is known as bioinformatics. It is the field responsible for storing, analyzing, and interpreting the Big Data gathered during clinical settings or as a result of life science investigations. Experts from a range of disciplines, including biologists, computer scientists, mathematicians, statisticians, and physicists, are driving this multidisciplinary field.
The sector segment is divided into medical biotechnology, animal biotechnology, plant biotechnology, environmental biotechnology, forensic biotechnology, and other sectors. The medical biotechnology segment is estimated to lead the bioinformatics market. Medical biotechnology is an important pillar in the global pharmaceutical industry to bring innovative treatments to the market. A surge in the development of effective vaccines, drugs, and diagnostic tools for the treatment of various diseases is estimated to boost the growth of the market.
The North American market is driven by increased government initiatives for the reimbursement of genomic testing and favorable funding scenario for research activities involving the use of bioinformatics technologies. Further, advanced medical facilities and high investment in Research and Development are estimated to boost the growth of the market.
The market is projected to grow at a significant pace reaching a CAGR of approximately 10.7%, over the forecast period of 2022–2028, despite a considerable fall in Service Operator sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Product & Service (Knowledge Management Tools, Bioinformatics Platforms, Bioinformatics Services), Applications (Genomics, Chemoinformatics & Drug Design, Proteomics, Transcriptomics, Metabolomics, Other Applications), & Sector (Medical Biotechnology, Animal Biotechnology, Plant Biotechnology, Environmental Biotechnology, Forensic Biotechnology, Other Sectors) to forecast the Bioinformatics market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Thermo Fisher Scientific, Inc., Eurofins Scientific, QIAGEN N.V., Agilent Technologies, Inc, Illumina, Inc., Waters Corporation, DNASTAR, NeoGenomics Laboratories, Perkin Elmer, Inc., DNASTAR, NeoGenomics Laboratories, Perkin Elmer, Inc., GENEWIZ and BGI Group, Fios Genomics, Partek Incorporated, SOPHiA Genetics, Source BioScience, and Biomax Informatics AG among others.
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Bioinformatics Market 2028: Growth Opportunities, Segmentation, Competitive Landscape and Regional Analysis | #bioinformatics Market
Nanosilica Market Share, Growth, Trends, and Forecasts 2028
Nanosilica Market overview:
Nanosilica is a white fluffy powder made up of high purity amorphous silica powder. It is widely used in a variety of applications including rubber, healthcare and medicine, food, plastics, concrete, electronics, cosmetics, agriculture, gypsum, batteries, and others. The use in rubber and concrete applications is propelling the market's growth over the forecast period. Rising interest in nanosilica intermediary products is also expected to drive market growth during the forecast period.
Asia-Pacific held the largest market share of the global nanosilica market. This is due to the presence of countries in the region such as India, China, and Japan. These countries are experiencing rapid economic growth and increased industrial activity in a variety of application sectors, including rubber, concrete, coatings, and agriculture. The region has many rubber companies, resulting in increased supply from these countries. North America held the second-largest market share. This is primarily due to the region's presence of various end-use industries. North America is home to some of the world's largest cosmetics companies, many of which use Nanosilica in their products. This increases the demand for the product from the region.
The application segment is divided into concrete, rubber, electronics, healthcare, coatings, agriculture, plastics, and others. The rubber segment held a significant share of the nanosilica market. The compound silicon, also known as silicon dioxide nanoparticles or silica nanoparticles, is the second most abundant element in the earth's crust. The increasing use of nanosilica as an additive in various types of rubbers is driving the market growth.
The market is projected to grow at a significant pace reaching a CAGR of approximately 6.25%, over the forecast period of 2022–2028, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Product Type (P-type, S-type, and Type lll), Application (Concrete, Rubber, Electronics, Healthcare, Coatings, and Others), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Anten Chemical, Bee Chems, Dow Corning Corporation, Nanowerk, Normet, Ref Steel Solution, SkySpring Nanomaterials, Inc., US Research Nanomaterials, Inc., Vitro Minerals Inc., Xinglu Chemical
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