The rising incidences of chronic diseases globally
coupled with the increasing demand of advanced drugs for the diagnosis of these
diseases are expected to propel the growth for bioinformatics
market. The implementation of information technology to manage biological
information efficiently is known as bioinformatics. Decreasing cost of DNA
sequencing, continuous advancement in information technology support for
bioinformatics devices and increasing aids from government & private sector
organizations for bioinformatics are some of the key factors which are
triggering the growth of bioinformatics market over the forecast period. Apart
from these, the factors like increasing initiatives by research institutions
for discovery of novel drugs in life science and significant growth in usage of
bioinformatics in the field of clinical diagnostics are few supporting drivers
of this market. Bioinformatics include genome annotation, gene sequence
analysis, cancer mutation analysis, gene expression analysis, gene regulation
analysis, protein expression analysis, comparative genomics and system biology.
Continuous up-gradation in technology like cloud computing and nanopore
technology has created a huge platform for storing, retrieving, analyzing,
manipulating and organizing biological information. Adoption of computer
technology for managing biological information also helps in developing drug
and manage huge database associated which its discovery.
Browse Detail Report with TOC @
Sectors Insights
The global bioinformatics market is segmented on the
basis of sectors, products & services and application. On the basis of
sector, market is further classified into medical biotechnology, animal
biotechnology, academics, agriculture biotechnology, forensic biotechnology,
environment biotechnology and others. Medical biotechnology is further divided
into drug development, molecular medicines, clinical diagnostics, gene therapy
and reproductive biotechnology. Forensic biotechnology is the fastest growing
segment owing to increasing demand for DNA as evidence in our legal system.
Medical biotechnology is contributing highest share in the entire
bioinformatics sector market due to involvement of huge sunk cost.
Products and Services Insights
On the basis of products and services, bioinformatics
market is divided into bioinformatics knowledge management tools,
bioinformatics platform and bioinformatics services. Bioinformatics tool is
bifurcated into specialized knowledge management tools and generalized
knowledge management tools. Bioinformatics platforms is further classified into
sequence analysis platforms, sequence manipulation platforms, sequence
alignment platforms, structural & functional analysis platform, whereas
bioinformatics services is classified into sequencing service, data analysis,
database management and other services. Among all the mentioned sub segments,
database management and data analysis is the critical and expensive part owing
to involvement of technology for organizing data and humans for interpretation.
Application Insights
On the basis of application, market is segmented into
genomics, proteomics, chemo informatics & drug design, transcriptomics, metabolomics,
molecular phylogenetic and others. Genomics is expected to be the largest
market segment by 2020 owing to its ability to understand even the most complex
biological system like brain, whereas metabolomics is anticipated to be the
fastest growing segment over the forecast period in order to decrease risk
factors and identify biomarkers which helps to reveal embryo during pregnancy.
Regional Insights
Geographically, North America was the most dominant
region in entire bioinformatics market, in 2014. Due to increasing adoption of
latest technology, and continuous discovery & development of drugs, this
market is expected to maintain its lead by 2020. Asia Pacific region is
anticipated to show highest growth during the forecast period owing to the rapid
increase in CRO activities, huge investment for introduction of IT in
healthcare, growing medical tourism and growing academic and industry
partnership. Countries like India, China and Brazil is expected to provide
significant growth opportunities owing to increasing research outsourcing by
pharmaceutical giants of developed nations.
Enquire before purchasing the “Bioinformatics Market"
Report@
Competitive Insights
Some of the key market players of bioinformatics market
are Affymetrix, Inc., Biomax Informatics AG, Agilent Technologies, Inc., CLC
Bio, Illumina, Inc., Integromics S.L., Geneva Bioinformatics S.A., Id Business
Solutions, Life Technology Corporation, ABM, Nonlinear Dynamics Ltd., Qiagen,
Perkin Elmer and Dnanexus. Since the market is highly competitive, monopolistic
and consolidated. Firms are adopting many strategies for the development of
their business and creating differences with other firms who are serving the
same market.
Table of Contents
Chapter 1. Executive Summary
1.1. Bioinformatics - Industry Summary
and Critical Success Factors (CSFs)
Chapter 2. Bioinformatics Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Bioinformatics Market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Bioinformatics Market PESTEL
Analysis, 2012
Browse
Full Report @ https://www.hexaresearch.com/research-report/bioinformatics-industry
About
Us:
Hexa Research is a market research and
consulting organization, offering industry reports, custom research and
consulting services to a host of key industries across the globe. We offer
comprehensive business intelligence in the form of industry reports which help
our clients obtain clarity about their business environment and enable them to
undertake strategic growth initiatives.
Contact
Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - http://www.hexaresearch.com/
No comments:
Post a Comment