Bioinformatics Market with Leading Key Players, Industry Share and Latest Opportunities 2027

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As per UnivDatos Market Insights, Bioinformatics Market was valued ~US$ 13 billion in 2020 and is expected to grow at an elevated CAGR of ~14.5% over the forecast period (2021-2027).

Bioinformatics Market Size, Share, Growth, Trend 2021-2027

As per UnivDatos Market Insights, Bioinformatics Market was valued ~US$ 13 billion in 2020 and is expected to grow at an elevated CAGR of ~14.5% over the forecast period (2021-2027).

The surge in the Bioinformatics Market is on account of the rising need for integrated data, high demand for protein and nucleic acid sequencing, decrease in sequencing cost, and rise in application of genomics and proteomics. Moreover, the rising number of drug discoveries & developments in recent years and rising initiatives from the government as well private organizations also propels the market growth. In addition, the integration of Artificial Intelligence (AI) and machine learning in software and healthcare companies and the rise in need for integrated systems & solutions are projected to offer growth opportunities to the Bioinformatics market.

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The report “Bioinformatics Market: Current Analysis and Forecast (2021-2027)” by UnivDatos Market Insights deliver a comprehensive analysis of Products & Services, Application, Sector, and region/country

Based on Product & Services, the market is fragmented into Knowledge Management Tools, Bioinformatics Platforms, and Bioinformatics Services. The Bioinformatics Services segment is expected to grow at lucrative during the forecasted period owing to high financial support from the private as well as government bodies for Next-generation sequencing (NGS) based projects, decreased sequencing costs, advancements in NGS, and the necessity for high-throughput analysis of a large amount of data generated during sequencing.

Based on the Application, the market is bifurcated into Genomics, Chemoinformatics & Drug Design, Proteomics, Transcriptomics, Metabolomics, and Other Applications. The Transcriptomics segment dominated the market in 2020 and is expected to grow at lucrative during the forecasted period owing to the rise in preference of personalized medicines as well as companion diagnostics. In addition, the global acceptance of transcriptomics technology, continuous discovery of biomarkers, and novel gene sequencing are the major factors intensifying segment growth.

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Based on the Sector, the market is bifurcated into Medical Biotechnology, Animal Biotechnology, Plant Biotechnology, Environmental Biotechnology, Forensic Biotechnology, and Other Sectors. The Medical Biotechnology segment dominated the market in 2020 and is expected to grow at a lucrative growth during the forecast period owing to the high exploitation of bioinformatics in clinical diagnostics, production of new databases for drug discovery, and rising funding for the development of bioinformatics solutions.

Market Segmentation:

By Product & Services (Knowledge Management Tools, Bioinformatics Platforms, and Bioinformatics Services)
By Application (Genomics, Chemoinformatics & Drug Design, Proteomics, Transcriptomics, Metabolomics, and Other Applications)
By Sector (Medical Biotechnology, Animal Biotechnology, Plant Biotechnology, Environmental Biotechnology, Forensic Biotechnology, and Other Sectors)
By Region (North America, Europe, Asia-Pacific, Rest of the World)
By Company (Thermo Fisher Scientific, Inc, Eurofins Scientific, QIAGEN N.V, Agilent Technologies, Inc, Illumina, Inc, Waters Corporation, DNASTAR, NeoGenomics Laboratories, Perkin Elmer, Inc, and GENEWIZ)

Key questions answered in the study:

What are the current and future trends of the Bioinformatics industry?
How the industry has been evolving in terms of Products & Services, Application, Sector, and region/country?
How the competition has been shaping across the countries followed by their comparative factorial indexing?
What are the key growth drivers and challenges for the Bioinformatics industry?
What are the customer orientation, purchase behavior, and expectations from the Bioinformatics firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL BIOINFORMATICS MARKET COVID-19 IMPACT

6 GLOBAL BIOINFORMATICS MARKET REVENUE (USD), 2019-2027F

7 MARKET INSIGHTS BY PRODUCT & SERVICES

8 MARKET INSIGHTS BY APPLICATION

9 MARKET INSIGHTS BY SECTOR

10 MARKET INSIGHTS BY REGION

11 BIOINFORMATICS MARKET DYNAMICS