Bioinformatics Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC255

Bioinformatics is described as conceptualize biology in terms of molecules and then the application of information technology to put in order and understand the data which is related to these molecules on large scale basis. Bioinformatics refers to gathering data with the help of computer, analyzing it, and integrating and storing the molecular data in addition to biological data, which is then used in applications such as drug discovery and development. The technology and services are the two most important classifications of this market. The technology segment is further classified into knowledge management tools and bioinformatics platform. The bioinformatics platform is further divided into content/knowledge management tools. This segment is anticipated to be the highest revenue generating division followed by the services division.
 
The global bioinformatics market is a budding field, used in different aspects of biology. Bioinformatics is the grouping of information technology, molecular biology, statistics, and algorithms to examine the data obtained from a variety of experiments. The report studies the foremost sector markets into agriculture, medical bioinformatics, animal, academics and others. The application section includes the metabolomics, proteomics, chemo-informatics, genomics, transcriptomics and molecular phylogenetic.
 
Some of the major factors which help in growing demand for bioinformatics are increasing applications of bioinformatics in drug discovery and development and rising bioinformatics support in the expansion of modified medicines and clinical diagnostics. There are several trends and challenges faced by bioinformatics market which are government compliance, industry turmoil, lack of multiplatform and interoperability, focused shift, difficulties faced in integrating applications, growing competition from in-house development, management of data and many others. However, recently there has been increased focus on proteomics from genomics owing to the rising interest of researchers in this field. This is mainly due to discovery of numerous targets in therapeutics and biomarkers for a number of diseases. With the rising demand from pharmaceutical companies, proteomics tools are also undergoing an increase in demand. 
 
The bioinformatics market is categorized based on technology & services, sector, application, and geography. The global bioinformatics market is segmented by technology and services into bioinformatics platforms, and knowledge management tools, and bioinformatics services. Knowledge management tools are divided into generalized knowledge management tools and specialized knowledge management tools. Bioinformatics platform are further divided into sequence manipulation platforms, sequence analysis platforms, sequence alignment platforms, structural analysis platforms and others. Bioinformatics services are divided into database and management, data analysis, sequencing services and others.
 
By application, the bioinformatics market divided into proteomics, metabolomics, transcriptomics, genomics, molecular phylogenetic, chemo-informatics and others. By sector, bioinformatics market is segmented into agriculture bioinformatics, medical bioinformatics, academics, animal bioinformatics and others. Bioinformatics market is divided into Asia-Pacific, Europe, North America, Latin America, Middle East, and Africa. North America is anticipated to account for the largest share in the global bioinformatics market. The growing demand for bioinformatics in proteomics and genomics research, increasing research funding, technological advancements and existence of a large number of market players and research foundations are driving the growth of bioinformatics market in this region. Some of the major players operating in the field of bioinformatics include Illumina, Inc., Agilent Technologies, Thermo Fisher Scientific Inc., QIAGEN N. V. and many others. The merger and acquisition of several companies has given rise to conglomeration, which helps companies to improve their product offerings and obtain large market share.
 


Related Reports

Ambulatory Surgical and Emergency Centers Market By Service Type (Orthopedics, Ophthalmology, Gastroenterology, Plastic Surgery, Pain Management or Spinal Injections, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global ambulatory surgical and emergency centers market is expected to grow at a CAGR of 6.2% over the forecast period 2019 to 2026 and market size is poised to reach US$ 203.1 Bn by 2026. Ambulatory surgery and emergency centers are medical care facilities that provide same-day surgery care which also includes consultation and diagnosis. It is a more convenient alternative to hospital based outpatient pro

Ambulatory Health Care Services Market By Type (Primary Care Offices, Medical Specialty, Emergency Departments, Surgical Specialty), By Application (Orthopedics, Ophthalmology, Gastroenterology, Plastic Surgery, Pain Management or Spinal Injections, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global ambulatory health care services market size is expected to surpass US$ 4.4 Tn by 2026 and will grow at a noteworthy CAGR of 5.9% over the forecast period 2019 to 2026. Ambulatory service centers (ASC) also referred as outpatient care centers. These are medical care facilities that provide outpatient services such as consultation, diagnosis, treatment, and intervention services. It is a more convenie

Ambulatory EHR Market By Application (Patient Management, Practice Management, E-prescribing, Population Health Management, Referral Management, Health Analytics, Decision Support), By Delivery Mode (Client Server-based, Web-based), By End User Mode (Independent Ambulatory Centers, Hospital-owned Ambulatory Centers) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global ambulatory EHR market size is expected to reach US$ 6.8 billion by 2026 and will grow at a CAGR of around 6.0% over the forecast period 2019 to 2026. The digital version of the patient’s record is known as the electronic health records. It includes a wide range of patient’s information such as medical history, ongoing medication, allergies, personal statistics, the status of immunization, demographics, and laborator

Cancer Biomarkers Market By Type (Protein, Genetic, Others), By Technology (Omics Technology, Immunoassay, Imaging Technology, Cytogenetic Testing), By Cancer Type (Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Leukemia, Thyroid gland Cancer, Kidney Cancer, Bladder Cancer, Others), By Application (Diagnosis, Prognosis, Research, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global cancer biomarkers market size is expected to reach around US$ 29.8 Bn by 2026 and will grow at noteworthy CAGR of around 11.9% over the forecast period 2019 to 2026. Cancer biomarker is a substance that helps to indicate the presence of cancer in the body. This substance may be a molecule secreted by a tumor or specific response of the body to a tumor. Genetic, proteomic

4D Printing in Healthcare Market By Component(Equipment, Software & Services, Programmable Materials), By Technology (PolyJet, FDM, Stereolithography, SLS), By Application (Patient Specific Implant, Medical Research Models, Surgical Guides), By End User (Hospitals, Dental Laboratories, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global 4D printing in healthcare market size is expected to reach around US$ 34.1 Mn by 2026 growing at a CAGR of around 29.6% over the forecast period 2019 to 2026. 4D printing is the latest technology in healthcare that is going to revolutionize the artificial organs and prosthetics industry. 4D printing is a product of collaboration work between MIT’s Lab and Stratasys. 4D printing is evolved 3D p

Healthcare Consulting Services Market By Type of Service (IT Consulting, Digital consulting, Financial Consulting, Operation Consulting, Strategy Consulting, HR & Talent Consulting), By End User (Life Science Companies, Hospitals, Others) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global healthcare consulting services market size is expected to reach around US$ 22.8 Bn by 2026 and growing at a CAGR of around 9.8% over the forecast period 2019 to 2026. Healthcare consultancy service providers advice life science companies, government bodies, hospitals, insurance companies, and research institutes about business strategies. Digital consulting, financial consulting, operations consulta

Cart Summary