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Bioinformatics Market to Grow by USD 13.2 Billion (2024-2028), Lower Genetic Sequencing Costs Drive Revenue, Report Highlights AI's Role in Transformation - Technavio - PressReach

Summary by pressreach.com
NEW YORK, Nov. 29, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global bioinformatics market size is estimated to grow by USD 13.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.59% during the forecast period. Reduction in cost of genetic sequencing is driving market growth, with a trend towards development of sophisticated bioinformatics tools for NGS. However, shortage of…
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theaijournal.co.uk broke the news in on Friday, November 29, 2024.
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