Global Bioinformatics Platform Market Overview
The bioinformatics platform market accounted for US$ 3.6 billion in 2019 and is estimated to be US$ 14.0 billion by 2029 and is anticipated to register a CAGR of 14.7%.
Bioinformatics is one of the branches of information technology. It deals with the development of software solutions in order to process biological data. Some of the applications included in the bioinformatics research are molecular folding, genome annotation, modeling, expression profiling, and gene/protein prediction. The advancements and emergence in bioinformatics are related to computerized programming which is specially manufactured to handle large volumes of DNAs, RNAs, proteins, and metabolites.
Impact of Covid-19 pandemic on market
Due to the outbreak of COVID-19, biopharmaceutical innovators are at the forefront of the human response. A huge number of foremost biotech companies are in the midst of a race to explore the Sars-Cov-2 genome and prepare a viable vaccine for the same. With multiple aspirants in the trial, the public and private sectors are expected to work in unison in the coming years, until a vaccine is developed for Covid-19. The report will estimate for Covid19 as a significant market contributor.
Global Bioinformatics Platform Market Dynamics
A growing number of advanced systems and rising demand for advanced technologies to understand the characteristics of molecular biology are likely to propel the bioinformatics platforms market over the forecast period. Additionally, the introduction of readily and user-friendly bioinformatics software such as RasMol, BALL, AUTODOCK, Bioclipse is also driving growth of the target market. Further, rising market usage of these tools for effective and accurate analysis of biomarkers discovery programs that aid in toxicity detection throughout the initial stage of the drug development process are projected to surge the industry growth in the coming period.
However, the lack of user-friendly tools at cheaper prices, skilled personnel, and common data formats are expected to limit the market growth over the forecast period. Nevertheless, growth in the integration of machine learning & AI in healthcare, increase in need for integrated solutions & systems, and software companies investing in the development of bioinformatics solutions are anticipated to offer remunerative bioinformatics market opportunity to bioinformatics solution developers.
Global Bioinformatics Platform Market Segmentation
The bioinformatics platform market is segmented based on platform type, application, end-user, and region.
On the basis of platform type, the bioinformatics platform market is segmented into a sequence analysis platform, sequence alignment platform, structural & functional analysis platforms, and others. On the basis of application, the target market is segmented into drug development, molecular genomics, gene therapy, personalized medicines, and others. Based on end-user, the target market is segmented into academic & research institutes, contract research organizations, and biotechnology organizations.
Regional Insights:
In the region, the bioinformatics platform market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the worldwide leader in the bioinformatics platform market, due to the growing application of bioinformatics in both pharmaceutical and biotechnological research, followed by Europe and Asia. The market is increasing steadily mainly in the U.S. and Europe. The major driver for the bioinformatics platform market in the last few years is the decreasing costs of DNA analysis. Growth in the number of complete genomes is further speeding up the growth. However, lack of standardization is a limitation to the market.
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Attribute |
Details |
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The base year for estimation |
2019 |
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Forecast period |
2019 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2019 – 2029 |
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Market Segmentation |
By Platform Type- Sequence Analysis Platform, Sequence Alignment Platform, Structural & Functional Analysis Platforms, and Others By Application– Drug Development, Molecular Genomics, Gene Therapy, Personalized Medicines, and Others By End-user– Academic & Research Institutes, Contract Research Organizations, and Biotechnology Organizations |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the bioinformatics platform market report based on platform type, application, end-user, and region.
Bioinformatics Platform Market, By Platform Type:
- Sequence Analysis Platform
- Sequence Alignment Platform
- Structural & Functional Analysis Platforms
- Others
Bioinformatics Platform Market, By Application:
- Drug Development
- Molecular Genomics
- Gene Therapy
- Personalized Medicines
- Others
Bioinformatics Platform Market, By End-user:
- Academic & Research Institutes
- Contract Research Organizations
- Biotechnology Organizations
Bioinformatics Platform Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Global Bioinformatics Platform Market Key Players
The key players operating in the bioinformatics platform market include Illumina Inc., Sophia Genetics, Qiagen, Dassault Systems, ID Business Solutions, Agilent Technologies, Genologics Life Sciences Software Inc., DNASTAR, Wuxi NextCODE, and BGI. Major players in the bioinformatics platform market are highly fragmented and have various strategies such as new product launches, agreements, expansions, joint ventures, partnerships, acquisitions, and others to expand their footprints in this market. For instance, in April 2019, The HANS-GINS Indxx Healthcare Innovation Ucits ETF will focus on developments in sectors including bioengineering, bioinformatics, genome sequencing, healthcare trackers, neuroscience, nanotechnology, robotics, and medical devices.
Global Bioinformatics Platform Market Company Profile
- Illumina Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sophia Genetics
- Qiagen
- Dassault Systems
- ID Business Solutions
- Agilent Technologies
- Genologics Life Sciences Software Inc.
- DNASTAR
- Wuxi NextCODE
- BGI
“*” marked represents similar segmentation in other categories in the respective section
Global Bioinformatics Platform Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Bioinformatics Platform Strategies
- Key Questions this Study will Answer
- Market Snippet, By Platform Type
- Market Snippet, By Application
- Market Snippet, By End-user
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Platform Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Sequence Analysis Platform
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Sequence Alignment Platform
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Structural & Functional Analysis Platforms
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Market Segmentation, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Drug Development
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Molecular Genomics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Gene Therapy
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Personalized Medicines
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Other Application
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
-
-
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Academic & Research Institutes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Contract Research Organizations
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Biotechnology Organizations
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
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- Global Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Platform Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-user, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Illumina, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Sophia Genetics
- Qiagen
- Dassault Systems
- ID Business Solutions
- Agilent Technologies
- Genologics Life Sciences Software Inc.
- DNASTAR
- Wuxi NextCODE
- BGI
- Illumina, Inc.
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global bioinformatics platform market is segmented based on platform type, application, end-user and region.
A growing number of advanced systems and rising demand for advanced technologies to understand the characteristics of molecular biology are likely to propel the bioinformatics platforms market over the forecast period.
North America is the worldwide leader in the bioinformatics platform market, due to the growing application of bioinformatics in both pharmaceutical and biotechnological research, followed by Europe and Asia.
Illumina Inc., Sophia Genetics, Qiagen, Dassault Systems, ID Business Solutions, Agilent Technologies, Genologics Life Sciences Software Inc., DNASTAR, Wuxi NextCODE, and BGI.