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Global Bioinformatics Market 2026:Emerging Trends And Forecast By Genebio (Switzerland), ASEBIO (Spain), PerkinElmer Inc. (US), abm Inc.(Canada) a few among others.

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.

Bioinformatics market report brings into light key market dynamics of sector along with the current market scenario and future prospects of the sector. This finest market research report has been structured with the expertise and innovation of a team of researchers, forecasters, analysts and managers. In this bioinformatics report, company profiles of the key market competitors are analysed with respect to company snapshot, geographical presence, product portfolio, and recent developments. The report acts as a supreme base for the competitor analysis, analyzing their core competencies, and drawing a competitive landscape for the healthcare industry.

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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.

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.

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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
    • Sequencing platforms
      • Sequence Analysis Platforms
      • Sequence Alignment Platforms
      • Sequence Manipulation Platforms
      • Structural Analysis Platforms
      • Others
    • Knowledge management tools
      • Generalized Knowledge Management Tools
      • Specialized Knowledge Management Tool
    • Bioinformatics software.
  • By Industry
    • Molecular medicine
    • Drug development
    • Clinical diagnostics
    • Agriculture
    • Forensic
    • Animal
    • Academics and research
    • Environmental and gene therapy
  • By Sector
    • Medical biotechnology
      • Drug discovery & development
      • Clinical diagnostics & precision medicine
      • Reproductive health
    • Academics
    • Animal biotechnology
    • Agricultural biotechnology
    • Environmental biotechnology
    • Forensic biotechnology.
  • By Applications
    • Preventive medicine
    • Molecular medicine
    • Genomics & Drug development
    • Chemoinformatics and drug design
    • Proteomics
    • Transcriptomics
    • Metabolomics
    • Transcriptomics
    • Other biotechnological applications
  • By Services
    • Data integration
    • Data analysis
      • Structural
      • Functional
    • Sequencing
  • By Geography
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa

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