Abstract
Summary
REPORT HIGHLIGHT
The bioinformatics market was valued at USD 10.67 billion by 2018, growing with 19.2% CAGR during the forecast period, 2019-2028.
Market Dynamics
Bioinformatics is the use of information technology in biotechnology to data warehousing, data storage and to analyze the DNA sequences. The aim behind bioinformatics is to uncover the biological information hidden in the mass of the structure, sequence, and other biological data. This technology is used to understand the interactions between proteins to measure sequence similarity. Bioinformatics enables huge amounts of biological data to be available for statistical analysis in order to improve diagnosis, treatment, and understanding of particular disease conditions.
Advancement in technologies coupled with the advent of the novel Next-Generation Sequencing technologies has supported the development of novel bioinformatics tools to analyze data. However, the lack of skilled professionals and lack of user-friendly tools at cheaper prices are likely to hinder the industry growth during the study period. Also, factors such as high cost and the dearth of skilled professionals pull back the industry growth to some extent. In addition, the field of bioinformatics is still at an early stage of development, however, it exhibits the potential to revolutionize medical care.
Segment Takeaway
In terms of product, the market is divided into Bioinformatics Platforms, Biocontent, and Services. Bioinformatics platform is further categorized into sequence analysis platforms, structural and functional analysis platforms, sequence alignment platforms, sequence manipulation platforms, and others. biocontent segment is categorized as generalized biocontent tools and specialized biocontent tools. The service segment is bifurcated into database & management, sequencing, data analysis, and others. The application segment is divided as Microbial Genome, Drug Development, Gene Engineering, Omics, Personalized Medicine, and others.
Regional Takeaway
Regionally, North America accounted for the highest revenue share owing to the favorable government initiatives, rising implementation of tailored medicine coupled with the growing adoption of the latest healthcare technologies. Bioinformatics is accepted for a wide range of applications including to predict tumor malignancy, prognosis, predicting drug sensitivity, optimal treatments and adverse effects that will further boost the regional growth. Asia Pacific region has achieved remarkable growth in the software sector which will play a leading role in the regional bioinformatics revolution.
Key players Takeaway
Companies operating in the worldwide bioinformatics industry include Thermo Fisher Scientific, Illumina Inc., BGI Group, Agilent Technologies, QIAGEN, WuXi Nextcode Genomics, Eurofins Scientific, Waters Corporation, SOPHiA Genetics, Partek Incorporated, and DNASTAR.
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year – 2014 to 2017
Base Year – 2018
Estimated Year – 2019
Projected Year – 2028
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
Bioinformatics Platform
Sequence Analysis Platform
Structural and Functional Analysis Platform
Sequence Alignment Platform
Sequence Manipulation Platform
Others
Biocontent
Generalized Biocontent Tools
Specialized Biocontent Tools
Services
Database & Management
Sequencing
Data Analysis
Others
MARKET, BY APPLICATION
Genomics
Microbial Genome
Personalized Medicine
Drug Development
Gene Engineering
Others
MARKET, BY REGION
North America
U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Singapore
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of MEA
Table of Contents
1 BIOINFORMATICS MARKET OVERVIEW
1.1 Study Scope
1.2 Assumption and Methodology
2 EXECUTIVE SUMMARY
2.1 Market Snippet
2.1.1 Market Snippet by Product
2.1.2 Market Snippet by Application
2.1.3 Market Snippet by Region
2.2 Competitive Insights
3 BIOINFORMATICS KEY MARKET TRENDS
3.1 Market Drivers
3.1.1 Impact Analysis of Market Drivers
3.2 Market Restraints
3.2.1 Impact Analysis of Market Restraints
3.3 Market Opportunities
3.4 Market Future Trends
4 BIOINFORMATICS INDUSTRY STUDY
4.1 Porter’s Five Forces Analysis
4.2 Marketing Strategy Analysis
4.3 Growth Prospect Mapping
4.4 Regulatory Framework Analysis
5 BIOINFORMATICS MARKET LANDSCAPE
5.1 Market Share Analysis
5.2 Key Innovators
5.3 Breakdown Data, by Key manufacturer
5.3.1 Established Player Analysis
5.3.2 Emerging Player Analysis
6 BIOINFORMATICS MARKET - BY PRODUCT
6.1 Overview
6.1.1 Segment Share Analysis, By Product, 2018 & 2028 (%)
6.2 Bioinformatics Platform
6.2.1 Overview
6.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.2.3 Sequence Analysis Platform
- 6.2.3.1 Overview
- 6.2.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.2.4 Structural and Functional Analysis Platform
- 6.2.4.1 Overview
- 6.2.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.2.5 Sequence Alignment Platform
- 6.2.5.1 Overview
- 6.2.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.2.6 Sequence Manipulation Platform
- 6.2.6.1 Overview
- 6.2.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.2.7 Others
- 6.2.7.1 Overview
- 6.2.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.3 Biocontent
6.3.1 Overview
6.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.3.3 Generalized Biocontent Tools
- 6.3.3.1 Overview
- 6.3.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.3.4 Specialized Biocontent Tools
- 6.3.4.1 Overview
- 6.3.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.4 Services
6.4.1 Overview
6.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.4.3 Database & Management
- 6.4.3.1 Overview
- 6.4.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.4.4 Sequencing
- 6.4.4.1 Overview
- 6.4.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.4.5 Data Analysis
- 6.4.5.1 Overview
- 6.4.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
6.4.6 Others
- 6.4.6.1 Overview
- 6.4.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7 BIOINFORMATICS MARKET - BY APPLICATION
7.1 Overview
7.1.1 Segment Share Analysis, By Application, 2018 & 2028 (%)
7.2 Genomics
7.2.1 Overview
7.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.3 Microbial Genome
7.3.1 Overview
7.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.4 Personalized Medicine
7.4.1 Overview
7.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.5 Drug Development
7.5.1 Overview
7.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.6 Gene Engineering
7.6.1 Overview
7.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8 BIOINFORMATICS MARKET- BY GEOGRAPHY
8.1 Introduction
8.1.1 Segment Share Analysis, By Region, 2018 & 2028 (%)
8.2 North America
8.2.1 Overview
8.2.2 Key Manufacturers in North America
8.2.3 North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
8.2.4 North America Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
8.2.5 North America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
8.2.6 U.S
- 8.2.6.1 Overview
- 8.2.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.2.7 Canada
- 8.2.7.1 Overview
- 8.2.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.3 Europe
8.3.1 Overview
8.3.2 Key Manufacturers in Europe
8.3.3 Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
8.3.4 Europe Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
8.3.5 Europe Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
8.3.6 Germany
- 8.3.6.1 Overview
- 8.3.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.3.7 Italy
- 8.3.7.1 Overview
- 8.3.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.3.8 United Kingdom
- 8.3.8.1 Overview
- 8.3.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.3.9 France
- 8.3.9.1 Overview
- 8.3.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.3.10 Rest of Europe
- 8.3.10.1 Overview
- 8.3.10.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.4 Asia Pacific (APAC)
8.4.1 Overview
8.4.2 Key Manufacturers in Asia Pacific
8.4.3 Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
8.4.4 Asia Pacific Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
8.4.5 Asia Pacific Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
- 8.4.5.1 Overview
- 8.4.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.4.6 China
- 8.4.6.1 Overview
- 8.4.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.4.7 Japan
- 8.4.7.1 Overview
- 8.4.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.4.8 South Korea
- 8.4.8.1 Overview
- 8.4.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.4.9 Rest of APAC
- 8.4.9.1 Overview
- 8.4.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.5 Latin America
8.5.1 Overview
8.5.2 Key Manufacturers in Latin America
8.5.3 Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
8.5.4 Latin America Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
8.5.5 Latin America Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
8.5.6 Brazil
- 8.5.6.1 Overview
- 8.5.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.5.7 Mexico
- 8.5.7.1 Overview
- 8.5.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.5.8 Argentina
- 8.5.8.1 Overview
- 8.5.8.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.5.9 Rest of LATAM
- 8.5.9.1 Overview
- 8.5.9.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.6 Middle East and Africa
8.6.1 Overview
8.6.2 Key Manufacturers in Middle East and Africa
8.6.3 Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
8.6.4 Middle East and Africa Market Size and Forecast, By Product, 2017 - 2028 (US$ Million)
8.6.5 Middle East and Africa Market Size and Forecast, By Application, 2017 - 2028 (US$ Million)
8.6.6 Saudi Arabia
- 8.6.6.1 Overview
- 8.6.6.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
8.6.7 United Arab Emirates
- 8.6.7.1 Overview
- 8.6.7.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9 KEY VENDOR ANALYSIS
9.1 Thermo Fisher Scientific
9.1.1 Company Snapshot
9.1.2 Financial Performance
9.1.3 Product Benchmarking
9.1.4 Strategic Initiatives
9.2 Illumina, Inc
9.3 BGI Group
9.4 Agilent Technologies
9.5 QIAGEN
9.6 WuXi Nextcode Genomics
9.7 Eurofins Scientific
9.8 Waters Corporation
9.9 SOPHiA Genetics
9.10 Partek Incorporated
9.11 DNASTAR
10 360 DEGREE ANALYSTVIEW
11 APPENDIX
11.1 Research Methodology
11.2 References
11.3 Abbreviations
11.4 Disclaimer
11.5 Contact Us