Home > Healthcare > Biotechnology > Biotechnology R&D > Gene Prediction Tools Market
Gene Prediction Market is valued to be USD 104 million in 2022 and is projected to grow at CAGR of 18% and reach USD 541.2 million by the end of 2032. The factors such as rising demand for personalized medicines, increasing advancements in genomic research, increasing adoption of bioinformatics, and growing applications of genomics are surging the growth of the global gene prediction tools.
Gene prediction tools are computational algorithms and software applications designed to recognise and predict the position and structure of genes inside a DNA sequence. They are also known as gene finding tools or gene annotation tools. These tools are widely used in genomics and bioinformatics to assist researchers in understanding the genetic information contained within an organism's genome.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Gene Prediction Tools Market Size in 2022: | USD 104.0 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 18% |
2032 Value Projection: | USD 541.2 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 121 |
Tables, Charts & Figures: | 135 |
Segments covered: | Component, Application, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|