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Bioinformatics Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2014 To 2020

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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.
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Bioinformatics Market Size, Market Share, Application
Analysis, Regional Outlook, Growth, Trends, Competitive
Scenario And Forecasts, 2014 To 2020
Industry Insights
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.
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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.
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.
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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
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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.
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
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Bioinformatics Market PESTEL Analysis, 2012
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Chapter 3. Bioinformatics Product Outlook
3.1. Bioinformatics Platoforms
3.2. Biocontent
3.3. Services
Chapter 4. Bioinformatics Application Outlook
4.1. Genomics
4.2. Molecular Phylogenetics
4.3. Metabolomics
4.4. Proteomics
4.5. Transcriptomics
4.6. Chemoinformatics and Drug Designing
4.7. Others
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Chapter 5. Bioinformatics Regional Outlook
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. RoW
Chapter 6 Competitive Landscape
6.1 Accelrys Inc.
6.2 IBM Life Sciences
6.3 3rd Millennium Inc.
6.4 Life Technologies Corporation
6.5 Agilent Technologies
6.6 Affymetrix
6.7 Celera Corporation
6.8 Rosetta Inpharmatics
6.9 BioWisdom Ltd.
Chapter 7. Methodology and Scope
7.1. Research Methodology
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7.2. Research Scope & Assumption
7.3. List of Data Sources
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