Bioinformatics Market By Sector Analysis (Medical Biotechnology, Animal Biotechnology, Academics, Agricultural Biotechnology, Forensic Biotechnology, Environmental Biotechnology); By Product and Service Analysis (Knowledge Management Tools, Bioinformatics Services, Bioinformatics Platforms); By Application Analysis (Genomics, Proteomics, Chemoinformatics and Drug Design, Transcriptomics, Molecular Phylogenetics, Metabolomics) and By Regional Analysis – Global Forecast by 2023-2028
The Global Bioinformatics Market is expected to be around US$ 25 Billion by 2028 at a CAGR of 14% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
14
REPORT DESCRIPTION
Bioinformatics is the mixture of both biology and information technology. It is generally used in organizing the biological data in the sector of medical research and development of medicines and drugs. Bioinformatics relates with storage, annotation, recording, analysis and retrieval of nucleic acid sequence, structural information and protein sequence. It is used in different sectors and applications in medicine and biology including molecule studies, protective drugs, chromosome therapy, drug innovations, biotechnology and forensic analysis of microorganisms. The boom of the bioinformatics is being augmented by means of the growing function of IT in the healthcare zone in conjunction with robust technical advancements. The employment of IT has enabled easy processing, storage, retrieval, access of data.
How Big is The Global Bioinformatics Market?
The Global Bioinformatics Market is expected to be around US$ 25 Billion by 2028 at a CAGR of 14% in the given forecast period.
The major driving factors of Global Bioinformatics Market are as follows:
The restraining factors of Global Bioinformatics Market are as follows:
The Global Bioinformatics Market is segmented on the lines of its sector, product and service application and regional. Based on sector segmentation it covers medical biotechnology, animal biotechnology, academics, agricultural biotechnology, forensic biotechnology, environmental biotechnology and other sectors. Under product and service segmentation it covers knowledge management tools, bioinformatics services and bioinformatics platforms. Based on application segmentation it covers genomics, proteomics, chemoinformatics and drug design, transcriptomics, molecular phylogenetics, metabolomics and other applications. The Global Bioinformatics Marketis geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Bioinformatics and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Bioinformatics Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Global Bioinformatics Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Accelrys Inc., ID Business Solutions, Ltd., Affymetrix Inc., CLC bio A/S, Agilent Technologies Inc., GenoLogics Life Sciences Software, Inc., Life Technologies Corporation, and Illumina Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Bioinformatics Market has been segmented as below:
By Sector Analysis
By Product and Service Analysis
By Application Analysis
By Regional Analysis
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Bioinformatics Market.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.3.1 Key Data From Secondary Sources
2.3.2 Key Data From Primary Sources
2.3.2.1 Key Industry Insights
2.3.3 Assumptions for the Study
2.4 Macroeconomic Factor Analysis
2.4.1 Introduction
2.4.2 Demand-Side Analysis
2.4.2.1 Healthcare Expenditure Pattern
2.4.3 Supply-Side Analysis
2.4.3.1 Number of New Product Launches
3 Executive Summary
3.1 Conclusion
4 Premium Insights
4.1 Bioinformatics: Market Overview
4.2 Geographic Analysis: Bioinformatics Market, By Products & Services (2018)
4.3 Global Bioinformatics Market Size, By Sector, 2018 vs 2024
4.4 Global Bioinformatics Market Size, By Application, 2018 vs 2024
4.5 Bioinformatics Market Growth Opportunities, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Nucleic Acid and Protein Sequencing
5.2.1.2 Increasing Initiatives From Government and Private Organizations
5.2.1.3 Growing Applications of Bioinformatics
5.2.1.3.1 Drug Discovery and Development
5.2.1.3.2 Clinical Diagnostics and Personalized Medicine
5.2.1.4 Growth in the Number of Collaborations Between Companies and Research Institutes
5.2.2 Restraints
5.2.2.1 Lack of Well-Defined Standards and Common Data Formats for Integration of Data
5.2.2.2 Lack of User-Friendly Tools
5.2.3 Opportunities
5.2.3.1 Nanopore Sequencing Technology and Cloud Technology
5.2.3.2 Emerging Markets (India, China, and Brazil)
5.2.3.3 Increasing Adoption of Bioinformatics Tools in Various Industries
5.2.4 Challenges
5.2.4.1 Management of Large Volumes of Data
5.2.4.2 Lack of Interoperability and Multiplatform Capabilities
5.2.4.3 Growing Competition From In-House Development and Publically Available Tools
5.2.4.4 Shortage of Skilled Bioinformatics Professionals
6 Bioinformatics Market, By Sector
6.1 Introduction
6.2 Medical Biotechnology
6.2.1 Drug Development
6.2.2 Clinical Diagnostics
6.2.3 Molecular Medicine
6.2.3.1 Personalized Medicine
6.2.3.2 Preventive Medicine
6.2.4 Gene Therapy
6.2.5 Reproductive Biotechnology
6.3 Academics
6.4 Animal Biotechnology
6.5 Agricultural Biotechnology
6.5.1 Crop Yield Improvement
6.5.2 Pest Resistance
6.5.3 Nutritional Quality Improvement
6.5.4 Improvement of Plant Resistance
6.5.5 Biodiversity Informatics
6.6 Environmental Biotechnology
6.6.1 Waste Clean-Up/Bioremediation
6.6.2 Alternative Energy Sources
6.6.3 Climate Change Studies
6.7 Forensic Biotechnology
6.8 Other Sectors
7 Bioinformatics Market, By Products & Services
7.1 Introduction
7.2 Knowledge Management Tools
7.2.1 Generalized Knowledge Management Tools
7.2.2 Specialized Knowledge Management Tools
7.3 Bioinformatics Platforms
7.3.1 Sequence Analysis Platforms
7.3.2 Sequence Alignment Platforms
7.3.3 Sequence Manipulation Platforms
7.3.4 Structural and Functional Analysis Platforms
7.3.5 Other Bioinformatics Platforms
7.4 Bioinformatics Services
7.4.1 Sequencing Services
7.4.2 Database and Management Services
7.4.3 Data Analysis
7.4.4 Other Bioinformatics Services
8 Bioinformatics Market, By Application
8.1 Introduction
8.2 Genomics
8.3 Chemoinformatics and Drug Design
8.4 Proteomics
8.5 Transcriptomics
8.6 Metabolomics
8.7 Molecular Phylogenetics
8.8 Other Applications
9 Bioinformatics Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.4 Asia-Pacific
9.4.1 India
9.4.2 China
9.4.3 Rest of Asia-Pacific (RoAPAC)
9.5 Rest of the World
10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis
10.3 Battle for Market Share: Product Launches Was the Key Growth Strategy Adopted By Market Players Between 2015 and 2017
10.4 Product Launches
10.5 Agreements ,Collaborations, and Partnerships
10.6 Acquisitions
10.7 Others Strategies
11 Company Profiles
11.1 Introduction
11.2 Illumina, Inc.
11.3 Thermo Fisher Scientific Inc.
11.4 Qiagen N.V.
11.5 Agilent Technologies
11.6 Applied Biological Materials (ABM)
11.7 Biomax Informatics Ag
11.8 DNAnexus, Inc.
11.9 ID Business Solutions Ltd.
11.10 Perkinelmer, Inc.
11.11 Waters Corporation
The Global Bioinformatics Market has been segmented as below:
By Sector Analysis
By Product and Service Analysis
By Application Analysis
By Regional Analysis
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