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Biological Data Visualization Market Status, Growth Forecast 2033
Biological Data Visualization Market Status
As per the report, the biological data visualization market size has grown rapidly in recent years. It will grow from $0.61 billion in 2023 to $0.70 billion in 2024 at a compound annual growth rate (CAGR) of 15.1%. The biological data visualization market size is expected to see rapid growth in the next few years. It will grow to $1.25 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%.
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Personalized Medicine Driving Biological Data Visualization Market Growth
The rising demand for personalized medicine is expected to propel the growth of the biological data visualization market going forward. Personalized medicine refers to tailoring medical treatment and healthcare interventions to individual patients based on their unique characteristics, including genetic makeup, lifestyle, and preferences. The demand for personalized medicine is due to advancements in genomics, increasing patient empowerment, and the growing recognition of the importance of individualized treatment approaches. Biological data visualization aids in personalized medicine by visually representing patient-specific genetic, molecular, and clinical data to inform tailored treatment strategies. For instance, in February 2024, according to the Personalized Medicine Coalition, a UK-based organization promoting the adoption of personalized medicine, the Food and Drug Administration's (FDA) Center for Drug Evaluation and Research (CDER) approved 16 new personalized medicine for rare disease patients, up from 6 in 2022. Therefore, the rising demand for personalized medicine is driving the growth of the biological data visualization market.
Technological Advancements In Data Visualization Methods for Enhanced Single-Cell Analysis
Major companies operating in the biological data visualization market are focusing on developing advanced solutions, such as AI-powered single-cell analysis systems, to address limitations in existing tools and gain a competitive edge in the market. An AI-powered single-cell analysis system is an advanced technology that integrates artificial intelligence (AI) and machine learning (ML) with single-cell sequencing and analysis techniques. This system is designed to analyze data from individual cells at a high resolution, providing insights into cellular heterogeneity, gene expression, and cellular interactions within complex biological systems. For instance, in May 2023, Deepcell, a US-based biotechnology company, launched the REM-I Platform, an AI-powered single-cell analysis system designed to revolutionize biological research by offering scalable single-cell imaging, high-dimensional analysis, and cell sorting capabilities. This platform provides unique features, such as the ability to classify and sort cells based on morphological and phenotypic data without labeling and real-time, high-resolution visualization of cellular heterogeneity. This is expected to accelerate cell biology discovery and catalyze the field of morpholomics, offering researchers a powerful tool for unlocking the mysteries of individual cells.
The biological data visualization market covered in this report is segmented -
1) By Technique: Microscopy, Magnetic Resonance Imaging, Sequencing, X-Ray Crystallography, Other Techniques
2) By Platform: Windows, Mac Operating System, Linux, Other Platforms
3) By Application: Cell And Organism Imaging, Structural Biology And Molecular Modeling, Genomic Analysis, Alignments, Phylogeny, And Evolution, Systems Biology
4) By End Use: Academic Research, Pharmaceutical And Biological Centers, Hospitals And Clinics, Other End Uses
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Major companies operating in the biological data visualization market are Thermo Fisher Scientific Inc., Danaher Corporation, Becton Dickinson and Company (BD), GE HealthCare Technologies Inc., Agilent Technologies Inc., PerkinElmer Inc., Illumina Inc., Sartorius AG, Nikon Corporation, Waters Corporation, Bio-Rad Laboratories Inc., Bruker Corporation, Carl Zeiss Meditec AG, QIAGEN N.V., Bio-Techne Corporation, Leica Microsystems, Promega Corporation, 10x Genomic Inc., Luminex Corporation, Abcam plc, Oxford Nanopore Technologies Ltd., Cell Signaling Technology Inc., Pacific Biosciences of California Inc., NanoString Technologies Inc., Fluidigm Corporation
Contents of the report:
1. Executive Summary
2. Biological Data Visualization Market Report Structure
3. Biological Data Visualization Market Trends And Strategies
4. Biological Data Visualization Market - Macro Economic Scenario
5. Biological Data Visualization Market Size And Growth
…..
27. Biological Data Visualization Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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