Industries - Bioinformatics Market Analysis by Product (Structural & Functional Analysis Platforms, Sequence Analysis, Data Management, Data Analysis Service, Sequencing), by Application (Genomics, Metabolomics, Molecular Phylogenetics, Proteomics), by Sectors, and by Region – Forecast to 2025

Ablation Technology Market Analysis

Bioinformatics Market Analysis by Product (Structural & Functional Analysis Platforms, Sequence Analysis, Data Management, Data Analysis Service, Sequencing), by Application (Genomics, Metabolomics, Molecular Phylogenetics, Proteomics), by Sectors, and by Region – Forecast to 2025
October 2020

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Bioinformatics Market Analysis by Product (Structural & Functional Analysis Platforms, Sequence Analysis, Data Management, Data Analysis Service, Sequencing), by Application (Genomics, Metabolomics, Molecular Phylogenetics, Proteomics), by Sectors, and by Region - Forecast to 2025

Published: October 2020 | Historical Data: 2017-2019 | Base Year: 2019
SKU: ICI-HC-1034 | Number of Pages: 130 | Category: Biotechnology

The global bioinformatics market size is estimated to be USD 8,028.4 million in 2019 and is expected to witness a CAGR of 14.7% during the forecast period. Rise in funding for R&D in drug discovery and growth in the demand for the novel system with user-friendly applications are major factors that boost the global market growth. Also, increased importance of protein sequencing, supportive government policies, and the use of bioinformatics tools in the drug development sector are some of the other factors that boost growth during the forecast period. However, dearth of trained technicians to handle the complex tools and lack of proper integration of various media & data are some of the factors hindering the market growth.

Bioinformatics Market

By Product & Service

Based on the product & service, the bioinformatics market is segmented into sequence analysis, manipulation, alignment, structural & functional analysis platforms, data management, sequencing, data analysis service, generalized, and specialized biocontent. In 2019, the specialized biocontent segment accounted for the largest revenue share owing to its high demand for use in pharmacogenomics by companies involved in drug development.

By Application

On the basis of application, the market is categorized majorly into genomics, molecular phylogenetics, metabolomics, proteomics, transcriptomics, chemoinformatics & drug designing, and others. Genomics was the largest revenue-grossing segment of the market in 2019. The proteomics & chemo-informatics application segments are expected to post a high growth during the forecast period due to the development of biomarkers, easy to handle huge data sets and hence leading to the betterment of drug discovery procedures.

By Sector

On the basis of sector, the market is categorized into medical, academics, and agriculture sector. The medical segment is expected to grow at the fastest CAGR during the forecast period. This is due to the increased adoption of bioinformatics tools in the pharmaceutical industry for its multiple benefits. The drug discovery and validation are turning out to be more efficient due to the adoption of bioinformatics tools.

Regional Insights

In 2019, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the rise in adoption of the tools in the region and the presence of skilled workers to handle such tools in the U.S. and Canada. The Asia Pacific is projected to exhibit the fastest CAGR over the forecast period owing to the supportive government policies, rise in GDP & disposable income, upgradation of healthcare infrastructure, and the ability to provide outsourcing services in terms of clinical trials to developed countries.

North America Bioinformatics Market Size (2017-2025), USD Million

North America Bioinformatics Market

Competitor Insights

Some of the key players in the bioinformatics market are Thermo Fisher Scientific, Inc. (U.S.); Illumina (US); Agilent Technologies (US); Eurofins Scientific (US); Qiagen (Germany); Partek (US); Sophia Genetics (US); DNASTAR (US); Biomax Informatics (Germany); Waters Corporation (US); Genuity Science (US); and BGI Genomics (China). The leading players operating in the Bioinformatics industry are adopting various strategies including increased focus on research & development in the proteomics & genomics segment to capture a maximum revenue share.

 

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2017 to 2025. The bioinformatics market report is categorized into the following segments and subsegments:

Bioinformatics Market, By Product and Service (Revenue, USD Million, 2017 – 2025)

  • Bioinformatics Platforms
    • Sequence Analysis Platforms
    • Sequence Manipulation Platforms
    • Sequence Alignment Platforms
    • Structural and Functional Analysis Platforms
    • Others
  • Bioinformatics Services
    • Database Management
    • Sequencing
    • Data Analysis
    • Others
  • Biocontent
    • Generalized Biocontent
    • Specialized Biocontent

Bioinformatics Market, By Application (Revenue, USD Million, 2017 – 2025)

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

Bioinformatics Market, By Sector (Revenue, USD Million, 2017 – 2025)

  • Medical
  • Academics
  • Agriculture

Bioinformatics Market, By Region (Revenue, USD Million, 2017 – 2025)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • India
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Scope of Bioinformatics Market Report:

Key Parameters Details
Data Availability 2017-2025
Historical Years 2017-2019
Base Year Considered 2019
Forecast Period 2019-2025
Company Profiles 10
Companies Considered >30
Value Units Value in USD and CAGR in %
Market Segments Product & Service, Application, and Sector
Regional Coverage North America (US and Canada), Europe (Germany, France, UK, Spain, Italy, Russia, and the Rest of Europe), Asia Pacific (China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina and the Rest of LATAM), and the Middle East and Africa (South Africa, Saudi Arabia, Rest of MEA)
Key Market Players Thermo Fisher Scientific, Inc. (U.S.); Illumina (US); Agilent Technologies (US); Eurofins Scientific (US); Qiagen (Germany); Partek (US); Sophia Genetics (US); DNASTAR (US); Biomax Informatics (Germany); Waters Corporation (US); Genuity Science (US); and BGI Genomics (China)
Custom Analysis Customization up to 60 analyst hours

Bioinformatics Market, By Product and Service (Revenue, USD Million, 2017 – 2025)

  • Bioinformatics Platforms
    • Sequence Analysis Platforms
    • Sequence Manipulation Platforms
    • Sequence Alignment Platforms
    • Structural and Functional Analysis Platforms
    • Others
  • Bioinformatics Services
    • Database Management
    • Sequencing
    • Data Analysis
    • Others
  • Biocontent
    • Generalized Biocontent
    • Specialized Biocontent

Bioinformatics Market, By Application (Revenue, USD Million, 2017 – 2025)

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

Bioinformatics Market, By Sector (Revenue, USD Million, 2017 – 2025)

  • Medical
  • Academics
  • Agriculture

Bioinformatics Market, By Region (Revenue, USD Million, 2017 – 2025)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • India
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA
1. Research Methodology
 1.1. Research Objective
 1.2. Study Scope: Market Segments
 1.3. Study Timeframe, Limitations & Currency
 1.4. Domain-Assisted Cognition (DAC) Framework
  1.4.1. Three-stage Research Methodology
   1.4.1.1. Understand Ecosystem
    1.4.1.1.1. Secondary Research
    1.4.1.1.2. Primary Research
    1.4.1.1.3. Internal Repository
   1.4.1.2. Synthesize Information
    1.4.1.2.1. Data Analysis
    1.4.1.2.2. Data Triangulation
   1.4.1.3. Predict/Project Growth
    1.4.1.3.1. Market Size Estimation
     1.4.1.3.1.1. Bottom-up Approach
     1.4.1.3.1.2. Top-down Approach
    1.4.1.3.2. Data Validation
  1.4.2. Two-stage Quality Check Mechanism
   1.4.2.1. Inspection & Reporting
   1.4.2.2. Quality Audit
2. Market Summary
 2.1. Market Definition & Market Landscape
 2.2. Market Segment Snapshot
 2.3. Geographic Market Snapshot
3. Market Dynamics
 3.1. Market Driver Analysis
  3.1.1. Increasing public-private funding for R&D of novel drugs
  3.1.2. Demand for advanced healthcare applications that are user-friendly
  3.1.3. Rising application of bioinformatic tools for drug development
  3.1.4. Liberating government policies
 3.2. Market Restraint Analysis
  3.2.1. Lack of skilled workforce
  3.2.2. Inapt data integration with huge uncategorized data cluster
 3.3. Market Opportunities
  3.3.1. Untapped application of bioinformatics in healthcare industry verticals
  3.3.2. Growing awareness for the benefits of bioinformatics
4. Industry Outlook
 4.1. Key Market Trends
 4.2. Value Chain Analysis
 4.3. Porter’s 5 Forces Analysis
 4.4. Pricing Analysis (2017-2019)
 4.5. Product Benchmarking
5. Covid-19 Impact and Deviation Analysis
 5.1. Covid-19 Prevalence Analysis
 5.2. Key Market Trends
 5.3. Market Size Deviation Analysis (2020-2025)
6. Bioinformatics Market Size and Forecast, by Product & Service (2017-2025), USD Million
 6.1. Bioinformatics Platforms
  6.1.1. Sequence Analysis Platforms
  6.1.2. Sequence Manipulation Platforms
  6.1.3. Sequence Alignment Platforms
  6.1.4. Structural and Functional Analysis Platforms
  6.1.5. Others
 6.2. Bioinformatics Services
  6.2.1. Database Management
  6.2.2. Sequencing
  6.2.3. Data Analysis
  6.2.4. Others
 6.3. Biocontent
  6.3.1. Generalized Biocontent
  6.3.2. Specialized Biocontent
7. Bioinformatics Market Size and Forecast, by Application (2017-2025), USD Million
 7.1. Genomics
 7.2. Molecular Phylogenetics
 7.3. Metabolomics
 7.4. Proteomics
 7.5. Transcriptomics
 7.6. Chemo-informatics and Drug Designing
 7.7. Others
8. Bioinformatics Market Size and Forecast, by Sector (2017-2025), USD Million
 8.1. Academics
 8.2. Agriculture
 8.3. Medical
9. Bioinformatics Market, Regional Analysis (2017-2025), USD Million
 9.1. North America
  9.1.1. Introduction
   9.1.1.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.1.1.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.1.1.3. Market Size & Forecast, by Sector (2017-2025), USD Million
   9.1.1.4. Market Size & Forecast, by Country (2017-2025), USD Million
  9.1.2. U.S.
   9.1.2.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.1.2.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.1.2.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.1.3. Canada
   9.1.3.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.1.3.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.1.3.3. Market Size & Forecast, by Sector (2017-2025), USD Million
 9.2. Europe
  9.2.1. Introduction
   9.2.1.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.1.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.1.3. Market Size & Forecast, by Sector (2017-2025), USD Million
   9.2.1.4. Market Size & Forecast, by Country (2017-2025), USD Million
  9.2.2. Germany
   9.2.2.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.2.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.2.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.2.3. UK
   9.2.3.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.3.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.3.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.2.4. France
   9.2.4.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.4.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.4.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.2.5. Spain
   9.2.5.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.5.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.5.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.2.6. Italy
   9.2.6.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.6.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.6.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.2.7. Russia
   9.2.7.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.7.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.7.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.2.8. Rest of Europe
   9.2.8.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.2.8.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.2.8.3. Market Size & Forecast, by Sector (2017-2025), USD Million
 9.3. Asia Pacific (APAC)
   9.3.1. Introduction
   9.3.1.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.1.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.1.3. Market Size & Forecast, by Sector (2017-2025), USD Million
   9.3.1.4. Market Size & Forecast, by Country (2017-2025), USD Million
  9.3.2. China
   9.3.2.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.2.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.2.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.3.3. Japan
   9.3.3.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.3.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.3.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.3.4. India
   9.3.4.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.4.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.4.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.3.5. Australia
   9.3.5.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.5.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.5.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.3.6. South Korea
   9.3.6.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.6.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.6.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.3.7. Rest of Asia Pacific
   9.3.7.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.3.7.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.3.7.3. Market Size & Forecast, by Sector (2017-2025), USD Million
 9.4. Latin America (LATAM)
  9.4.1. Introduction
   9.4.1.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.4.1.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.4.1.3. Market Size & Forecast, by Sector (2017-2025), USD Million
   9.4.1.4. Market Size & Forecast, by Country (2017-2025), USD Million
  9.4.2. Brazil
   9.4.2.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.4.2.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.4.2.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.4.3. Mexico
   9.4.3.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.4.3.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.4.3.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.4.4. Argentina
   9.4.4.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.4.4.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.4.4.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.4.5. Rest of LATAM
   9.4.5.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.4.5.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.4.5.3. Market Size & Forecast, by Sector (2017-2025), USD Million
 9.5. Middle East & Africa (MEA)
  9.5.1. Introduction
   9.5.1.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.5.1.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.5.1.3. Market Size & Forecast, by Sector (2017-2025), USD Million
   9.5.1.4. Market Size & Forecast, by Country (2017-2025), USD Million
  9.5.2. South Africa
   9.5.2.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.5.2.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.5.2.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.5.3. Saudi Arabia
   9.5.3.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.5.3.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.5.3.3. Market Size & Forecast, by Sector (2017-2025), USD Million
  9.5.4. Rest of MEA
   9.5.4.1. Market Size & Forecast, by Product & Service (2017-2025), USD Million
   9.5.4.2. Market Size & Forecast, by Application (2017-2025), USD Million
   9.5.4.3. Market Size & Forecast, by Sector (2017-2025), USD Million
10. Competitor Analysis
 10.1. Market Player Comparison
 10.2. Product-wise Player Mapping
 10.3. Region-wise Player Mapping
 10.4. Market Share Analysis
 10.5. Market Position Analysis
 10.6. Recent Development Analysis
11. Company Profiles
 11.1. Thermo Fisher Scientific, Inc. (U.S.)
  11.1.1. Company Overview
  11.1.2. Company Financials
  11.1.3. Product Portfolio
  11.1.4. Recent Developments
 11.2. Illumina (U.S.)
  11.2.1. Company Overview
  11.2.2. Company Financials
  11.2.3. Product Portfolio
  11.2.4. Recent Developments
 11.3. Agilent Technologies (U.S.)
  11.3.1. Company Overview
  11.3.2. Company Financials
  11.3.3. Product Portfolio
  11.3.4. Recent Developments
 11.4. Eurofins Scientific (U.S.)
  11.4.1. Company Overview
  11.4.2. Company Financials
  11.4.3. Product Portfolio
  11.4.4. Recent Developments
 11.5. Qiagen (Germany)
  11.5.1. Company Overview
  11.5.2. Company Financials
  11.5.3. Product Portfolio
  11.5.4. Recent Developments
 11.6. Partek (U.S.)
  11.6.1. Company Overview
  11.6.2. Company Financials
  11.6.3. Product Portfolio
  11.6.4. Recent Developments
 11.7. Sophia Genetics (U.S.)
  11.7.1. Company Overview
  11.7.2. Company Financials
  11.7.3. Product Portfolio
  11.7.4. Recent Developments
 11.8. DNASTAR (US)
  11.8.1. Company Overview
  11.8.2. Company Financials
  11.8.3. Product Portfolio
  11.8.4. Recent Developments
 11.9. Biomax Informatics (Germany)
  11.9.1. Company Overview
  11.9.2. Company Financials
  11.9.3. Product Portfolio
  11.9.4. Recent Developments
 11.10. BGI Genomics (China)
  11.10.1. Company Overview
  11.10.2. Company Financials
  11.10.3. Product Portfolio
  11.10.4. Recent Developments
(Note: Financials are captured for public listed companies)

Key questions addressed by the research report-

  1. What are the current market trends and future market forecast from 2019 to 2025 for Bioinformatics market?
  2. What are the market dynamics and probable opportunities for market players during the forecast period
  3. Initiatives undertaken my market players to address the COVID-19 impact to sustain in the competitive market
  4. Which geographies have immense opportunities in different segments of the Bioinformatics market
  5. What are the recent strategies adopted by market players such as product launch, partnership, agreement, collaboration, merger & acquisition, and geographical expansion


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