Market Analysis: Global Bioinformatics Market
Global
Bioinformatics Market is expected to reach USD 26.33 billion by 2026 from USD 7.76
billion in 2018, at a CAGR of 16.5% in the forecast period 2019 to 2026. The
new market report contains data for historic years 2017, the base year of
calculation is 2018 and the forecast period is 2019 to 2026.
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Market Definition:
Global Bioinformatics Market
A
science which is a combination of biology and information technology, connects
biological data with techniques for storing information, distributing, and
analyzing to support different areas of scientific research, including
biomedicine known as Bioinformatics. It applies tools for database creation,
data management, data warehousing, data mining, and others.
Key Market
Competitors: Global Bioinformatics Market
Few
of the major competitors currently working in the bioinformatics market are
Thermo Fisher Scientific (US), Illumina Inc. (US), Agilent Technologies, Inc.
(US), QIAGEN (Netherlands), BGI (China), Wuxi NextCODE (China), Eurofins
Scientific (Luxembourg), Waters Corporation (US), Sophia Genetics
(Switzerland), Partek (US), DNASTAR (US), Dassault Systèmes (France),
DNAnexus, Inc. (US), Genebio (Switzerland), ASEBIO (Spain), PerkinElmer Inc.
(US), abm Inc.(Canada) a few among others.
Market Analysis:
Global Bioinformatics Market
Global Bioinformatics Market is expected to reach USD 26.33 billion by 2026
from USD 7.76 billion in 2018, at a CAGR of 16.5% in the forecast period 2019
to 2026. The new market report contains data for historic years 2017, the base
year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Definition:
Global Bioinformatics Market
A
science which is a combination of biology and information technology, connects
biological data with techniques for storing information, distributing, and
analyzing to support different areas of scientific research, including
biomedicine known as Bioinformatics. It applies tools for database creation,
data management, data warehousing, data mining, and others.
Market Drivers
·
Increasing government
initiatives and funding will drive the growth of the market.
·
Growing use of
bioinformatics in drug discovery and bio-markers development processes.
Market Restraints
·
Shortage of trained
research personnel required for proper use of bioinformatics toolsis expected
to act as a restraint to the market growth.
·
Non-availability of
platforms to integrate large data sets produced by bioinformatics is expected
to offset the growth of this market.
Segmentation: Global
Bioinformatics Market
·
By Product Type
o Sequencing platforms
o Sequence Analysis Platforms
o Sequence Alignment Platforms
o Sequence Manipulation Platforms
o Structural Analysis Platforms
o Others
o Knowledge management tools
o Generalized Knowledge Management Tools
o Specialized Knowledge Management Tool
o Bioinformatics software.
·
By Industry
o Molecular medicine
o Drug development
o Clinical diagnostics
o Agriculture
o Forensic
o Animal
o Academics and research
o Environmental and gene therapy
·
By Sector
o Medical biotechnology
o Drug discovery & development
o Clinical diagnostics & precision medicine
o Reproductive health
o Academics
o Animal biotechnology
o Agricultural biotechnology
o Environmental biotechnology
o Forensic biotechnology.
·
By Applications
o Preventive medicine
o Molecular medicine
o Genomics & Drug development
o Chemoinformatics and drug design
o Proteomics
o Transcriptomics
o Metabolomics
o Transcriptomics
o Other biotechnological applications
·
By Services
o Data integration
o Data analysis
o Structural
o Functional
o Sequencing
·
By Geography
o North America
o US.
o Canada
o Mexico
o South America
o Brazil
o Argentina
o Rest of South America
o Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
o Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
o Middle East & Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East & Africa
Key Developments in the Market:
·
In April 2019, The
HANS-GINS Indxx Healthcare Innovation Ucits ETF will focus on developments in
sectors including bioinformatics, bioengineering, genome sequencing, healthcare
trackers, nanotechnology, neuroscience, robotics and medical devices.
·
In March 2017, Agilent
Technologies Inc. introduced its first comparative genomic hybridization (CGH)
assay which will be used for diagnostic purposes: the GenetiSureDx Postnatal
Assay. This will help the clinical geneticists to detect genetic anomalies
early with more accuracy as compared to than traditional methods.
Competitive Analysis:
Global Bioinformatics Market
Global
bioinformatics market is highly fragmented and the major players have used
various strategies such as new product launches, expansions, agreements, joint
ventures, partnerships, acquisitions, and others to increase their footprints
in this market. The report includes market shares of bioinformatics market for
global, Europe, North America, Asia-Pacific, South America and Middle East
& Africa.
Primary Respondents
Demand
Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group
Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare
Authorities, Universities, Technological Writers, Scientists, Promoters, and
Investors among others.
Supply
Side: Product Managers, Marketing Managers, C-Level Executives, Distributors,
Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
·
Current and future of
bioinformatics market outlook in the developed and emerging markets
·
The segment that is
expected to dominate the market as well as the segment which holds highest CAGR
in the forecast period
·
Regions/Countries that
are expected to witness the fastest growth rates during the forecast period
·
The latest
developments, market shares, and strategies that are employed by the major
market players
Customization of the Report:
·
All segmentation
provided above in this report is represented at country level
·
All products covered
in the market, product volume and average selling prices will be included as
customizable options which may incur no or minimal additional cost (depends on
customization)
·
·
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·
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Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
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