Bio cloud market 2021 Analysis May Set New Growth Story, Forecast to 2027


Posted August 18, 2021 by danishahmed

The global bio cloud market is estimated to grow significantly, at a CAGR of over 15%, during the forecast period

 
The global bio cloud market is estimated to grow significantly, at a CAGR of over 15%, during the forecast period. Healthcare IT has been improved a lot due to the success of R&D programs and huge investment in healthcare IT domain. With the advancement in virtual and cloud computing infrastructure technologies, the cost reduced significantly, and productivity has been optimized considerably across the globe. IT platform creates a significant opportunity for cloud healthcare and attracts investment from government and private players due to huge demand emerging from the healthcare domain, and hence drive the global bio cloud market. 

Moreover, interoperability is the key factor to determine the portability of applications and their performance when moved among private, hybrid and public. IT has contributed to offering quality healthcare cloud applications across the globe. Cloud computing enables to enhance healthcare systems with better outcomes. The funding from government and private players are utilized in the improvement of infrastructure, treatment, product launch, collaboration, and diagnosis through R&D programs.

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The global bio cloud market is estimated to grow significantly, at a CAGR of over 15%, during the forecast period. The rising need to integrate supply chains to gain visibility is increasing the adoption of cloud technology in biology. This further is connected with the implementation of healthcare reforms and healthcare insurance policies in developed economies. For instance, several states in the US have implemented product pedigree laws for regulating transparency in the healthcare sector. 

One of the novel technologies introduced in the market in the recent past is CRISPR technology, which is used to edit the DNA of an organism or a crop, and in the development of modified crops to increase crop production and quality. CRISPR Cloud platform has been developed to convoluted CRISPR screen data. This platform reduces several gigabyte-size files into a single megabyte-size file, enables user to upload raw data confidentially, and the screening of information through customizable analysis.

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Market Segmentation
Global Bio Cloud Market by Biology Type
 Plant Biology
 Animal Biology
 Human Biology
Microbiology

Global Bio Cloud Market by Product Type
 Public Cloud
 Private Cloud
 Hybrid Cloud 

Global Bio Cloud Market by Application
 Discovery and Pre -Clinical Research
 Cell and Gene Therapy
 Genomics
 Diagnostics
 Others (Proteomics)

Clinical Trials
 Pharma Manufacturing
Commercialization
Plant and Microbial Gene Analysis
 Global Bio Cloud Market by End-User
 Pharmaceutical and Biotechnology Companies 

Research Institutes 
 Contract Research Organizations (C R O s)
Clinical Laboratories
 Hospitals and Diagnostic Centers

Company Profile

Accenture PLC
 Amazon Web Services, Inc. 
 Dell Inc.
din Cloud
 DocuSign Inc.
 DXC Technology Co.
Google LLC
 IBM Corp.
 Informatics LLC
Infinity, Inc.
 Hyperion Life Sciences Group BV
 Oracle Corp.
 Re scale, Inc.
 RMON Networks, Inc. 
 Saama Technologies, Inc.
 Salesforce.com, Inc.
 SAP SE
 SureClinical Inc.
 Transcript, Inc.
Viva Systems Inc.
Vodori
 Cipro Ltd.
 YASH Technologies, Inc.

Global Bio Cloud Market – Segmentation by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

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Last Updated August 18, 2021