Home » Bioinformatics Market

Bioinformatics Market By Product And Services (Biocontent Management Tools, Bioinformatics Platforms, Bioinformatics Services), By Applications (Genomics, Molecular Phylogenetics, Metabolomics, Transcriptomics, Proteomics, Chemoinformatics & Drug Designing) – Growth, Share, Opportunities & Competitive Analysis, 2016 – 2024

Price: $4999

Published: | Report ID: 14530 | Report Format : PDF

Market Insights

The report titled “Bioinformatics Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024” offers strategic insights into the overall bioinformatics market, along with the market’s size and estimates for the duration of 2014–2024. The said research study covers an in-depth analysis of multiple market segments based on types of products and services, applications, and different geographies. Bioinformatics helps to carry out processes such as recovery, storage, processing, management, and analysis of organic information through statistical techniques coupled with a modern information and technology base.

In the modern world of drug innovation and development, bioinformatics plays a key role in data storage, data recovery, data analysis, and the efficient management of biological information to study the process of drug development. The global bioinformatics market was segmented on the basis of applications, products and services, and regions. On the basis of products and services, the bioinformatics market was further segmented as bioinformatics platforms, content management tools, and bioinformatics services. The application was segmented further into genomics, molecular phylogenetics, metabolomics, transcriptomics, proteomics, chemoinformatics, drug design, and others.

For the purpose of this study, the global bioinformatics market is segmented on the basis of products and services into bioinformatics platforms, content management tools, and bioinformatics services.

Market size estimates and forecasts for these segments for the period 2014–2024 are provided in terms of USD million, along with the respective compounded annual growth rates (CAGRs) for the period 2016–2024, considering 2015 as the base year.

On the basis of application type, the global bioinformatics market is segmented as follows: genomics, molecular phylogenetics, metabolomics, transcriptomics, proteomics, chemoinformatics & drug design, and others. Market size estimates and forecasts for these segments for the period 2014–2024 are provided in terms of USD million, along with the respective compounded annual growth rates (CAGRs) for the period 2016–2024, considering 2015 as the base year.

The bioinformatics market has been geographically categorized into major regions such as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each geography market is further split to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, Brazil, and the GCC countries. The market size and forecast for these segments during 2014–2024 and their CAGRs for the period 2016–2024 are provided in this report.

The bioinformatics market is observed as the most diversified and competitive market, comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are BIOVIA (Accelrys Inc.), IBM Life Sciences, 3rd Millennium Inc., Life Technologies Corporation, Rosetta Biosoftware, Agilent Technologies, Affymetrix, Inc., Celera Corporation, and others.

Based on the type of products and services, the global bioinformatics market is segmented as follows:

  • Bio content Management Tools
  • Bioinformatics Platforms
  • Bioinformatics Services

In 2015, the content management tools segment was observed as the largest products and services segment, accounting for 46.3% of the overall market. The key factors assisting the market are the growing application rate of bioinformatics tools and software in database management.

During the forecast period of 2016–2024, bioinformatics platforms are expected to grow significantly due to increasing demand for sequence analysis platforms and other biotechnology applications.

In addition, the growth of the bioinformatics platform is due to the reduced turnaround time for data processing, identification of sequence matches, and phylogenetic analysis. The market experts suggested that there are several opportunities for bioinformatics in upcoming technologies such as nanopore sequencing and cloud computing. For efficiently managing huge databases related to drug innovation and development, bioinformatics assists in the storage, retrieval, analysis, and formation of collective information.

Based on the type of application, the global bioinformatics market is segmented as follows:

  • Genomics
  • Molecular Phylogenetics
  • Metabolomics
  • Transcriptomics
  • Proteomics
  • Chemoinformatics and Drug Design
  • Others

Bioinformatics has a wide range of applications; in 2015, genomics dominated the market with a 27.2% share due to the rising need for pharmacogenomics in the process of drug development and gene sequencing. It was observed that in the field of bioinformatics, the introduction of technological advancements was largely carried out by focusing on the management of large datasets involved in genomics.

During the forecast period of 2016–2024, the chemoinformatics and drug design segment was expected to grow at a significant rate due to rising demand in biomarker discovery and development. The majority of drugs fail in the later stages of clinical trials, resulting in huge losses of investment; however, since the introduction of bioinformatics, the R&D expenditure rate has been reduced, which has also helped to reduce the clinical trial failure rate to a noticeable extent.

For the purpose of this study, the global bioinformatics market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

In the base year 2015, North America accounted for 43.2% and was expected to retain its dominance throughout the forecast period. The key factors assisting the growth of the North American market are the availability of accessible and advanced healthcare infrastructure coupled with the presence of technologically advanced IT companies. North America has the world’s highest number of clinical trials and research and development, resulting in massive amounts of data.

Europe is the second largest bioinformatics market, and its growth is assisted by the existence of technologically advanced healthcare infrastructure and research facilities coupled with huge research and development activities carried out by leading pharmaceutical and biotechnology companies.

Asia Pacific is expected to grow significantly between 2016 and 2023, owing to factors such as rising demand for clinical research outsourcing in emerging markets such as India and China, developing healthcare and research infrastructure, and the presence of several established and emerging IT companies. 

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
Chapter 2 Executive Summary
2.1 Global Bioinformatics Market Portraiture
2.2 Global Bioinformatics Market, by Products & Services, 2015 Vs 2024 (Value %)
2.3 Global Bioinformatics Market, by Application, 2015 Vs 2024 (Value %)
2.4 Global Bioinformatics Market, by Geography, 2015 (Value %)

Chapter 3 Bioinformatics Market Analysis
3.1 Global Bioinformatics Market Analysis
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Increasing demand for data magament services and products in healthcare R&D industry
3.2.1.2 Rising application of proteomics and genomics in development of effective theraputics
3.2.1.3 Increasing number of collaborations in pharmceutical companies and research and development institutes or universities
3.2.2 Challenges
3.2.2.1 Data Integration is difficult due to lack of uniform standards and common data formats
3.2.3 Opportunities
3.2.3.1 Rising demand for Nanopore Sequencing Technology and Cloud Technology in the near future
3.2.3.1 Developing healthcare infrastructure in emerging economies such as Brazil, India and China will Boost the Market Growth
3.3 Attractive Investment Proposition
3.4 Competitive Landscape of Key Vendors in Bioinformatics Market.

Chapter 4 Global Bioinformatics Market Analysis, by Type of Products & Services
4.1 Introduction
4.2 Biocontent Management Tools
4.3 Bioinformatics Platforms
4.4 Bioinformatics Services

Chapter 5 Global Bioinformatics Market, By Applications
5.1 Introduction
5.2 Genomics
5.3 Molecular Phylogenetics
5.4 Metabolomics
5.5 Transcriptomics
5.6 Proteomics
5.7 Chemoinformatics & Drug Designing
5.8 Others

Chapter 6 Global Bioinformatics Market, By Geography
6.1 Preface
6.2 North America
6.2.1 U.S
6.2.2 Canada
6.3 Europe
6.2.1 U.K
6.2.2 Germany
6.2.1 Rest of Europe
6.4 Asia Pacific
6.2.1 China
6.2.2 Japan
6.2.1 Rest of Asia Pacific
6.5 Latin America
6.6 Middle East and Africa

Chapter 7 Company Profiles
7.1 BIOVIA (Accelrys Inc.)
7.1.1 BIOVIA (Accelrys Inc.): Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.2 IBM Life Sciences
7.2.1 IBM Life Sciences: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.3 3rd Millennium Inc.
7.3.1 3rd Millennium Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.4 Life Technologies Corporation
7.4.1 Life Technologies Corporation: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.5 Agilent Technologies
7.5.1 Agilent Technologies: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.6 Affymetrix
7.6.1 Affymetrix: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.7 Celera Corporation
7.7.1 Celera Corporation: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.8 Rosetta Biosoftware
7.8.1 Rosetta Biosoftware: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
7.9 BioWisdom Ltd. (Instem)
7.9.1 BioWisdom Ltd. (Instem): Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)

List of Figures

FIG. 1 Bioinformatics Market: Research Methodology
FIG. 2 Global Bioinformatics Market Share, by Products & Services, 2015 Vs 2024 (Value %)
FIG. 3 Global Bioinformatics Market Share, by Applications, 2015 Vs 2024 (Value %)
FIG. 2 Global Bioinformatics Market Share, by Geography, 2015 (Value %)
FIG. 4 Attractive Investment Proposition: Global Bioinformatics Market, by Geography
FIG. 5 Biocontent Management Tools Market, 2014 – 2024 (US$ Mn)
FIG. 6 Bioinformatics Platforms Market, 2014 – 2024 (US$ Mn)
FIG. 7 Bioinformatics Services Market, 2014 – 2024 (US$ Mn)
FIG. 8 Genomics Market, 2014 – 2024 (US$ Mn)
FIG. 9 Molecular Phylogenetics Market, 2014 – 2024 (US$ Mn)
FIG. 10 Metabolomics Market, 2014 – 2024 (US$ Mn)
FIG. 11 Transcriptomics Market, 2014 – 2024 (US$ Mn)
FIG. 12 Proteomics Market, 2014 – 2024 (US$ Mn)
FIG. 13 Chemoinformatics & Drug Designing Market, 2014 – 2024 (US$ Mn)
FIG. 14 Other Applications Market, 2014 – 2024 (US$ Mn)
FIG. 15 Latin America Bioinformatics Market, 2014 – 2024 (USD Mn)
FIG. 16 Middle East and Africa Bioinformatics Market, 2014 – 2024 (USD Mn)

List of Tables

TABLE 1 Global Bioinformatics Market, by Products & Services, 2014-2024 (USD Mn)
TABLE 2 Global Bioinformatics Market, by Applications, 2014 – 2024 (USD Mn)
TABLE 3 Global Bioinformatics Market, by Geography, 2014 – 2024 (USD Mn)
TABLE 4 North America Bioinformatics Market, by Country, 2013 – 2023 (USD Mn)
TABLE 5 Europe Bioinformatics Market, by Country, 2013 – 2023 (USD Mn)
TABLE 6 Asia-Pacific Bioinformatics Market, by Country, 2013 – 2023 (USD Mn)
TABLE 7 BIOVIA (Accelrys Inc.).: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 8 IBM Life Sciences: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 9 3rd Millennium Inc.: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 10 Life Technologies Corporation: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 11 Agilent Technologies: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 12 Affymetrix: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 13 Celera Corporation: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 14 Rosetta Biosoftware: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)
TABLE 15 BioWisdom Ltd. (Instem): Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Bioinformatics Market?

The market for Bioinformatics Market is expected to reach USD$ 38,614.0 Mn in 2024.

What is the Bioinformatics Market CAGR?

The Bioinformatics Market is expected to see significant CAGR growth over the coming years, at 20.3%.

What is the Forecast period considered for Bioinformatics Market?

The report is forecasted from 2016 -2024.

What is the base year considered for Bioinformatics Market?

The base year of this report is 2015.

Who are the major players in this market?

IBM Life Sciences, 3rd Millennium Inc., Life Technologies Corporation, Rosetta Biosoftware, Agilent Technologies, Affymetrix, Inc. are some of the major players in the global market.

Traffic Enforcement Camera Market

Published:
Report ID: 11504

Metrology Services Market

Published:
Report ID: 8126

Metrology Software Market

Published:
Report ID: 8138

Rapid Microbiology Tests in Food and Beverages Market

Published:
Report ID: 8721

3D Concrete Printing Market

Published:
Report ID: 966

Enterprise Mobility Management (EMM) Market

Published:
Report ID: 32661

Artificial Intelligence in Medicine Market

Published:
Report ID: 32556

Cable Management Systems Market

Published:
Report ID: 13955

Facial Recognition Market

Published:
Report ID: 6036

Aerial Imaging Market

Published:
Report ID: 2597

Business Intelligence Market

Published:
Report ID: 32098

Chip-on-Board (COB) LED Market

Published:
Report ID: 31922

Purchase Options

$2999
Delivery Format: Excel.
$4999
Designed for the individual purchaser.
$6999
Users located at a single corporate site or regional office.
$7999
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –


support

24/7 Research Support


– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN