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Bioinformatics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

October 2023 | 144 pages | ID: B94FDC82E25FEN
IMARC Group

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Market Overview:

The global bioinformatics market size reached US$ 10.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.8 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028.

Bioinformatics refers to an interdisciplinary scientific field that develops various methods and software tools for analyzing and interpreting biological data. It combines the principles of biology, mathematics, statistics and information technology (IT) to research genomic data and biological networks. It also integrates various tools for information storage, distribution and analysis to facilitate scientific research, along with various software programs for the management, creation, warehousing and mining of data. Owing to this, bioinformatics finds extensive applications in the field of molecular medicines, preventive medicines, drug development, gene therapy and forensic analysis of microbes.

The global market is primarily being driven by the significant advancements in the field of biotechnology. In line with this, the increasing demand for nucleic acid and protein sequencing for proteomics and drug discovery is contributing to the market growth. The collected data and information assists in understanding the nature of molecular mechanisms of diseases, thereby aiding in the development of more efficient diagnostic tests and treatment methods. Furthermore, widespread adoption of bioinformatics in the agriculture sector is also providing a boost to the market growth. The technology is used to study the genetic, proteomic, metabolomic and phenome information of the seeds, which is utilized for developing techniques for improving crop productivity. Additionally, various technological advancements, such as the integration of artificial intelligence (AI) and big data technology in the healthcare sector, is also driving the demand for this technology. Other factors, including the increasing investments by IT companies for the development of bioinformatics solutions, along with the rising preference for personalized medicines across the globe, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global bioinformatics market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product and service, application and end-use sector.

Breakup by Product and Service:

Knowledge Management Tools

Generalized Knowledge Management Tools

Specialized Knowledge Management Tools

Bioinformatics Platforms

Surgical Simulation Platforms

Sequence Analysis, Alignment and Manipulation Platforms

Structural and Functional Analysis Platforms

Others

Bioinformatics Services

Data Analysis Services

Database Management Services

Others

Breakup by Application:

Genomics

Chemoinformatics and Drug Design

Proteomics

Transcriptomics

Metabolomics

Others

Breakup by End-Use Sector:

Medical Biotechnology

Academics

Animal Biotechnology

Agricultural Biotechnology

Environmental Biotechnology

Forensic Biotechnology

Others

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABM Industries, Agilent Technologies, Biomax Informatics, Data4Cure Inc., Dnastar Inc., Illumina Inc., Life Technologies, PerkinElmer Inc., Qiagen N.V., Quest Diagnostics, Sophia Genetics SA, Thermo Fisher Scientific Inc., Waters Corp, WuXi Nextcode Genomics, etc.

Key Questions Answered in This Report

1. What is the global bioinformatics market growth?

2. What are the global bioinformatics market drivers?

3. What are the key industry trends in the global bioinformatics market?

4. What is the impact of COVID-19 on the global bioinformatics market?

5. What is the global bioinformatics market breakup by product and service?

6. What are the major regions in the global bioinformatics market?

7. Who are the key companies/players in the global bioinformatics market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL BIOINFORMATICS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT AND SERVICE

6.1 Knowledge Management Tools
  6.1.1 Market Trends
  6.1.2 Major Types
    6.1.2.1 Generalized Knowledge Management Tools
    6.1.2.2 Specialized Knowledge Management Tools
  6.1.3 Market Forecast
6.2 Bioinformatics Platforms
  6.2.1 Market Trends
  6.2.2 Major Types
    6.2.2.1 Surgical Simulation Platforms
    6.2.2.2 Sequence Analysis, Alignment and Manipulation Platforms
    6.2.2.3 Structural and Functional Analysis Platforms
    6.2.2.4 Others
  6.2.3 Market Forecast
6.3 Bioinformatics Services
  6.3.1 Market Trends
  6.3.2 Major Types
    6.3.2.1 Data Analysis Services
    6.3.2.2 Database Management Services
    6.3.2.3 Others
  6.3.3 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Genomics
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Chemoinformatics and Drug Design
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Proteomics
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Transcriptomics
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Metabolomics
  7.5.1 Market Trends
  7.5.2 Market Forecast
7.6 Other Applications
  7.6.1 Market Trends
  7.6.2 Market Forecast

8 MARKET BREAKUP BY END-USE SECTOR

8.1 Medical Biotechnology
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Academics
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Animal Biotechnology
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Agricultural Biotechnology
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Environmental Biotechnology
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Forensic Biotechnology
  8.6.1 Market Trends
  8.6.2 Market Forecast
8.7 Others
  8.7.1 Market Trends
  8.7.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 COMPETITIVE LANDSCAPE

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
  13.3.1 ABM Industries
    13.3.1.1 Company Overview
    13.3.1.2 Product Portfolio
    13.3.1.3 Financials
    13.3.1.4 SWOT Analysis
  13.3.2 Agilent Technologies
    13.3.2.1 Company Overview
    13.3.2.2 Product Portfolio
  13.3.3 Biomax Informatics
    13.3.3.1 Company Overview
    13.3.3.2 Product Portfolio
    13.3.3.3 Financials
  13.3.4 Data4cure Inc.
    13.3.4.1 Company Overview
    13.3.4.2 Product Portfolio
  13.3.5 Dnastar Inc.
    13.3.5.1 Company Overview
    13.3.5.2 Product Portfolio
  13.3.6 Illumina Inc.
    13.3.6.1 Company Overview
    13.3.6.2 Product Portfolio
    13.3.6.3 Financials
    13.3.6.4 SWOT Analysis
  13.3.7 Life Technologies
    13.3.7.1 Company Overview
    13.3.7.2 Product Portfolio
  13.3.8 Perkinelmer Inc.
    13.3.8.1 Company Overview
    13.3.8.2 Product Portfolio
    13.3.8.3 Financials
    13.3.8.4 SWOT Analysis
  13.3.9 Qiagen N.V.
    13.3.9.1 Company Overview
    13.3.9.2 Product Portfolio
    13.3.9.3 Financials
  13.3.10 Quest Diagnostics
    13.3.10.1 Company Overview
    13.3.10.2 Product Portfolio
    13.3.10.3 Financials
    13.3.10.4 SWOT Analysis
  13.3.11 Sophia Genetics SA
    13.3.11.1 Company Overview
    13.3.11.2 Product Portfolio
  13.3.12 Thermo Fisher Scientific Inc.
    13.3.12.1 Company Overview
    13.3.12.2 Product Portfolio
    13.3.12.3 Financials
    13.3.12.4 SWOT Analysis
  13.3.13 Waters Corporation
    13.3.13.1 Company Overview
    13.3.13.2 Product Portfolio
    13.3.13.3 Financials
    13.3.13.4 SWOT Analysis
  13.3.14 WuXi Nextcode Genomics
    13.3.14.1 Company Overview
    13.3.14.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Bioinformatics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Bioinformatics Market Forecast: Breakup by Product and Service (in Million US$), 2023-2028
Table 3: Global: Bioinformatics Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Bioinformatics Market Forecast: Breakup by End-Use Sector (in Million US$), 2023-2028
Table 5: Global: Bioinformatics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Bioinformatics Market: Competitive Structure
Table 7: Global: Bioinformatics Market: Key Players

LIST OF FIGURES

Figure 1: Global: Bioinformatics Market: Major Drivers and Challenges
Figure 2: Global: Bioinformatics Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Bioinformatics Market: Breakup by Product and Service (in %), 2022
Figure 4: Global: Bioinformatics Market: Breakup by Application (in %), 2022
Figure 5: Global: Bioinformatics Market: Breakup by End-Use Sector (in %), 2022
Figure 6: Global: Bioinformatics Market: Breakup by Region (in %), 2022
Figure 7: Global: Bioinformatics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Bioinformatics (Knowledge Management Tools) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Bioinformatics (Knowledge Management Tools) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Bioinformatics (Bioinformatics Platforms) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Bioinformatics (Bioinformatics Platforms) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Bioinformatics (Bioinformatics Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Bioinformatics (Bioinformatics Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Bioinformatics (Genomics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Bioinformatics (Genomics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Bioinformatics (Chemoinformatics and Drug Design) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Bioinformatics (Chemoinformatics and Drug Design) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Bioinformatics (Proteomics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Bioinformatics (Proteomics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Bioinformatics (Transcriptomics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Bioinformatics (Transcriptomics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Bioinformatics (Metabolomics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Bioinformatics (Metabolomics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Bioinformatics (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Bioinformatics (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Bioinformatics (Medical Biotechnology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Bioinformatics (Medical Biotechnology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Bioinformatics (Academics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Bioinformatics (Academics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Bioinformatics (Animal Biotechnology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Bioinformatics (Animal Biotechnology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Bioinformatics (Agricultural Biotechnology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Bioinformatics (Agricultural Biotechnology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Bioinformatics (Environmental Biotechnology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Bioinformatics (Environmental Biotechnology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Bioinformatics (Forensic Biotechnology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Bioinformatics (Forensic Biotechnology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Bioinformatics (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Bioinformatics (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: North America: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: North America: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: United States: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Asia Pacific: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Asia Pacific: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: China: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Europe: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Europe: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Germany: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Latin America: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Latin America: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Brazil: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Middle East and Africa: Bioinformatics Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Middle East and Africa: Bioinformatics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Bioinformatics Industry: SWOT Analysis
Figure 89: Global: Bioinformatics Industry: Value Chain Analysis
Figure 90: Global: Bioinformatics Industry: Porter’s Five Forces Analysis


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