Bioinformatics Market to Reach $31.71 Billion by 2031
Bioinformatics has many applications in biotechnology, including automatic genome sequencing, prediction of gene function and protein structure vaccine designing, phylogeny, gene identification, understanding gene and genome complexity, and protein structure, functionality, and folding. Similarly, pharmaceutical companies use bioinformatics throughout the drug discovery and development process. Identifying the drug target is a crucial step in the creation of new drugs.