Bioinformatics Services Market by Specialty (Animal Biotechnology, Environmental Biotechnology, Forensic Biotechnology), Type (Data Analysis, Database & Management Services, Differential Gene Expression Analysis), Application, End-User - Global Forecast 2023-2030
The Bioinformatics Services Market is projected to reach USD 109.23 billion by 2030 from USD 20.80 billion in 2022, at a CAGR of 23.03% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Bioinformatics Services Market.
- Based on Specialty, market is studied across Animal Biotechnology, Environmental Biotechnology, Forensic Biotechnology, Medical Biotechnology, and Plant Biotechnology. The Medical Biotechnology is projected to witness significant market share during forecast period.
- Based on Type, market is studied across Data Analysis, Database & Management Services, Differential Gene Expression Analysis, Drug Discovery Services, and Sequencing Services. The Data Analysis is projected to witness significant market share during forecast period.
- Based on Application, market is studied across Chemoinformatics & Drug Design, Genomics, Metabolomics, Proteomics, and Transcriptomics. The Transcriptomics is projected to witness significant market share during forecast period.
- Based on End-User, market is studied across Academic Institutes & Research Centers, CROs, Hospitals & Clinics, and Pharmaceutical & Biotechnology Companies. The Academic Institutes & Research Centers is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Bioinformatics Services Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Bioinformatics Services Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Bioinformatics Services Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Applied Biological Materials, Inc., ArrayGen Technologies Pvt. Ltd., Bio-Rad Laboratories, Inc., Biomax Informatics AG, BioNome, Biosearch Technologies by LGC Group, CD Genomics, Celemics, Inc., Computomics GmbH, Creative Proteomics, Dassault Systems SE, DNAnexus, Inc., DNASTAR, Inc., Eurofins Genomics LLC, Genomax Technologies, Illumina, Inc., LC Sciences, Luminex Corporation by DiaSorin Company, PerkinElmer Inc., RayBiotech Life, Inc., SOPHiA GENETICS SA, Thermo Fisher Scientific Inc., and Waters Corporation.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Bioinformatics Services Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Bioinformatics Services Market?
- What is the competitive strategic window for identifying opportunities in the Bioinformatics Services Market?
- What are the latest technology trends and regulatory frameworks in the Bioinformatics Services Market?
- What is the market share of the leading vendors in the Bioinformatics Services Market?
- Which modes and strategic moves are suitable for entering the Bioinformatics Services Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Bioinformatics Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing applications of bioinformatics for the development of algorithms and software
- 5.1.1.2. Increasing public-private sector funding for bioinformatics services
- 5.1.1.3. Rising pharmaceutical and biotech R&D expenditure
- 5.1.2. Restraints
- 5.1.2.1. Concerns regarding complexity of data
- 5.1.3. Opportunities
- 5.1.3.1. Reducing cost of sequencing and growing volume of data generated during sequencing
- 5.1.3.2. Increasing focus on outsourcing for the management of large volumes of data
- 5.1.4. Challenges
- 5.1.4.1. Lack of well-defined standards and interoperability issues for bioinformatics analysis
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Bioinformatics Services Market, by Specialty
- 6.1. Introduction
- 6.2. Animal Biotechnology
- 6.3. Environmental Biotechnology
- 6.4. Forensic Biotechnology
- 6.5. Medical Biotechnology
- 6.6. Plant Biotechnology
- 7. Bioinformatics Services Market, by Type
- 7.1. Introduction
- 7.2. Data Analysis
- 7.3. Database & Management Services
- 7.4. Differential Gene Expression Analysis
- 7.5. Drug Discovery Services
- 7.6. Sequencing Services
- 8. Bioinformatics Services Market, by Application
- 8.1. Introduction
- 8.2. Chemoinformatics & Drug Design
- 8.3. Genomics
- 8.4. Metabolomics
- 8.5. Proteomics
- 8.6. Transcriptomics
- 9. Bioinformatics Services Market, by End-User
- 9.1. Introduction
- 9.2. Academic Institutes & Research Centers
- 9.3. CROs
- 9.4. Hospitals & Clinics
- 9.5. Pharmaceutical & Biotechnology Companies
- 10. Americas Bioinformatics Services Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Bioinformatics Services Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Bioinformatics Services Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Agilent Technologies, Inc.
- 14.1.2. Applied Biological Materials, Inc.
- 14.1.3. ArrayGen Technologies Pvt. Ltd.
- 14.1.4. Bio-Rad Laboratories, Inc.
- 14.1.5. Biomax Informatics AG
- 14.1.6. BioNome
- 14.1.7. Biosearch Technologies by LGC Group
- 14.1.8. CD Genomics
- 14.1.9. Celemics, Inc.
- 14.1.10. Computomics GmbH
- 14.1.11. Creative Proteomics
- 14.1.12. Dassault Systems SE
- 14.1.13. DNAnexus, Inc.
- 14.1.14. DNASTAR, Inc.
- 14.1.15. Eurofins Genomics LLC
- 14.1.16. Genomax Technologies
- 14.1.17. Illumina, Inc.
- 14.1.18. LC Sciences
- 14.1.19. Luminex Corporation by DiaSorin Company
- 14.1.20. PerkinElmer Inc.
- 14.1.21. RayBiotech Life, Inc.
- 14.1.22. SOPHiA GENETICS SA
- 14.1.23. Thermo Fisher Scientific Inc.
- 14.1.24. Waters Corporation
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook