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Bioinformatics Market Report 2021 | Market Stood at $8.5 Billion in 2019 and is Projected to Grow at a CAGR of 14.8% to Cross $24.51 Billion by 2027

04-01-2021 03:16 PM CET | Science & Education

Press release from: ReportCrux Market Research

Bioinformatics Market 2021

Bioinformatics Market 2021

Bioinformatics Market 2021 Report delivers in-depth data on market size, growth rate, share at country, region and segments level to frame strategic business plans and growth strategies for all business needs. The Global Bioinformatics market is projected to expand significantly in the near future, owing to increased demand for integrated data, increased demand for nucleic acid and protein sequencing due to lower sequencing costs, and increased applications of proteomics and genomics. Furthermore, drug research and production, as well as investments from government and private organizations, are projected to fuel demand growth during the forecast era.

Global "Bioinformatics Market" report offers detailed analysis on specific developments in the market and key business strategies implemented by major market players to strengthen their businesses and market share. The report highlights company profiles, competitive landscape along with product benchmarking analysis for key market players.

Complete analysis on value (revenue), volume (sales, production, capacity) and growth rate data are provided for years 2016 to 2027. Exhaustive key regional and country level trends and growth drivers are analysed to provide granular market analysis. Report demonstrates historic revenue and growth trends data for years 2016 to 2019 and forecast data for the years 2021 to 2027.

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Bioinformatics Market Size

The global Bioinformatics market was USD 8.15 billion in 2019 and is forecasted to garner value of USD 24.51 billion by the end of 2027 growing at a CAGR 14.8% between 2020 and 2027.

A thorough analysis on market effect factors, market risks, technological progress, consumer buying behaviour is covered along with value chain analysis, upstream and downstream market development trends and price and cost trends for product and raw materials.

Key Market Players:

• Eurofins Scientific
• Thermo Fisher Scientific
• Illumina
• Qiagen Bioinformatics
• Perkinelmer, Inc.
• Agilent Technologies
• Waters Corporation
• Dnasta
• Sophia Genetics
• Biomax Informatics AG
• Partek
• Beijing Genomics Institute (BGI)
• Wuxi Nextcode
• Others

Covid-19 impact analysis

Covid-19 impact analysis focuses on analysing pre- and post-pandemic growth trends, short term and long-term industry dynamics across major regions. Covid-19 recovery path analysis gives insights on the major strategies implemented by industries to respond and recover from the economic crisis due to Covid-19 pandemic. Also, SWOT analysis, PESTEL analysis and Porter's Five forces analysis is clear understanding of market growth influencing factors.

The report offers critical market information crucial for business decisions and strategy implementation based on current market trends and scope. The report also adds strategic inputs gained from key opinion leaders and business decision makers in the related industry.

The report is prepared by thorough primary and secondary research. Secondary data sources include company websites, magazines, press releases, SEC filings, various paid databases and others. Primary research involves interviews with key industry experts, KOLs, major vendors from both supply and demand side.

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Global Bioinformatics market report is segmented as:

By Products and Services

• Bioinformatics Platforms
• Data Analysis Services
• Database Management Services
• Other Bioinformatics Services
• Knowledge Management Tools
• Generalized Knowledge Management Tools
• Specialized Knowledge Management Tools
• Bioinformatics Services
• Data Analysis Services
• Database Management Services
• Other Bioinformatics Services

By Application

• Genomics
• Proteomics
• Drug Design and Chemoinformatics
• Metabolomics
• Transcriptomics
• Other Applications

By End Use Sector

• Medical Biotechnology
• Animal Biotechnology
• Academics
• Agricultural Biotechnology
• Environmental Biotechnology
• Forensic Biotechnology
• Others

The regional scope covers value (revenue) and volume data for below mentioned countries and regions:

• North America (U.S., Canada, Rest of North America)
• Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Southeast Asia, Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Middle East and Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East and Africa)

Key Advantages to purchase Bioinformatics Market Report:

• To gain complete analysis on market potential, growth and trends data
• To analyse current competitive trends in the market and strategies used by key players to strengthen their businesses & leading market position
• Evaluate major market challenges and risks and implement solutions or strategies to mitigate the market risks
• To gain clear understanding of global market scope, potential, growth influencing drivers, restraints and opportunities
• To perceive future market outlook and growth prospects for strategic business decisions like geographic or product portfolio expansion
• Besides syndicate reports, we also offer customized research solutions and consulting services for specific business needs

Key Highlights of Bioinformatics Market Report:

• Granular analysis of market size estimates in terms of value (revenue), volume and growth rate at country and region level for each segment and sub-segment
• Current industry trends and developments shaping the market
• Competitive market share analysis for major market players, pricing and cost analysis along with product benchmarking
• Qualitative analysis of growth driving factors, opportunities, restraints, market challenges and risks or threats
• Market attractiveness analysis for each major segment
• To analyse the revenue pockets in the market for stakeholders or major vendors by categorizing the specific high growth segments

Years considered in the report are:

• Historic Years: 2016-2019
• Base Year: 2019
• Estimated Year: 2020
• Forecast Year 2020 to 2027

Table of Contents

1. Preface
1.1. Market Introduction
1.2. Definitions

2. Research Methodology
2.1. Research Methodology
2.2. Research Models
2.3. Data Sources

3. Executive Summary and Snapshot

4. Price and Cost Trend Analysis
4.1. Price Trend Analysis

5. Market Growth Attractiveness Analysis

6. COVID-19 Impact Analysis on Industry
6.1. Restrictions due to COVID-19
6.2. Demand-side Constraints
6.3. Supply-side Constraints

7. Post COVID-19 Industry Dynamics

8. Post COVID-19 Industry Recovery Path Analysis

9. Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1. Upstream Raw Materials Sourcing
9.2. Industrial Chain Analysis
9.3. Downstream Buyers

10. Market Dynamics and Industry Analysis
10.1. Europe Bioinformatics Market: Introduction
10.2. Market Drivers
10.2.1. Increasing R&D for protein and nucleic acid sequencing due to technological advancements and cost reduction
10.2.2. Increasing use of bioinformatics tools in applications such as personalized medicines, clinical diagnostics, drug discovery, proteomics etc.
10.2.3. Favorable government support for bioinformatics research
10.3. Market Restraint
10.3.1. Dearth of skilled professionals
10.3.2. Lack of common data formats and defined standards for data integration
10.4. Market Opportunity
10.4.1. Integration of artificial intelligence and machine learning in healthcare
10.4.2. Cloud computing and blockchain technology
10.5. Porter's Five Forces Analysis

11. Trending Insights on Current Market Scenario
11.1. Current Market Trends
11.2. SWOT Analysis
11.3. PESTEL Analysis
11.4. Technology Trend Analysis

12. Competitive Share Analysis
12.1. Company Share Analysis
12.2. Strategic Developments
12.3. Supplier Benchmarking

13. Europe Bioinformatics Market: Products and Services Segment

14. Europe Bioinformatics Market: Application Segment Analysis

15. Europe Bioinformatics Market: End Use Sector Segment Analysis

16. Europe Country Level Analysis
16.1. Europe Regional Overview
16.2. Country Level Analysis
16.2.1. Germany
16.2.2. U.K.
16.2.3. France
16.2.4. Italy
16.2.5. Spain
16.2.6. Russia
16.2.7. Rest of Europe
16.3. Germany Market Size and Forecast Analysis
16.3.1. By Products and Services
16.3.2. By Application
16.3.3. By End Use Sector
16.4. U.K. Market Size and Forecast Analysis
16.4.1. By Products and Services
16.4.2. By Application
16.4.3. By End Use Sector
16.5. France Market Size and Forecast Analysis
16.5.1. By Products and Services
16.5.2. By Application
16.5.3. By End Use Sector
16.6. Italy Market Size and Forecast Analysis
16.6.1. By Products and Services
16.6.2. By Application
16.6.3. By End Use Sector
16.7. Spain Market Size and Forecast Analysis
16.7.1. By Products and Services
16.7.2. By Application
16.7.3. By End Use Sector
16.8. Russia Market Size and Forecast Analysis
16.8.1. By Products and Services
16.8.2. By Application
16.8.3. By End Use Sector
16.9. Rest of Europe Market Size and Forecast Analysis
16.9.1. By Products and Services
16.9.2. By Application
16.9.3. By End Use Sector

17. Company Profiles

18. Report Conclusion

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