Global bioinformatics market is expected to reach USD 22.78 billion by 2024 from USD 6.54 billion in 2016, at a CAGR of 16.8% in the forecast period 2017 to 2024.
Global Bioinformatics Market By Industry (Molecular Medicine, Drug Development, Clinical Diagnostics, Agriculture, Forensic, Animal, Academics & Research, Environmental, Gene Therapy), By Product Type (Sequencing Platforms, Knowledge Management Tools, Bioinformatics Software), By Application (Preventive Medicine, Molecular Medicine, Genomics, Drug Development, Transcriptomics, Others), By Services (Data Analysis, Sequencing, Database integration, Others), By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trend and Forecast to 2024
The global bioinformatics market is segmented based on industry, product type, service and application
o Medicine, Drug Development
o Clinical Diagnostics
o Academics & Research
o Gene Therapy
· Sequencing Platforms
· Knowledge Management Tools
· Bioinformatics Software
· Preventive Medicine
· Molecular Medicine
· Drug Development
Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. U.S. is expected to dominate the market due to large investments in public and private research for drug developments and gene therapy. China and, India among some other developing nations is expected to grow at the highest CAGR due to large private multinationals investing in healthcare development in these countries.
Key Players operating in the Global Bioinformatic Market:
· Illumina, Inc.,
· DNAnexus, Inc.
· Thermo Fisher Scientific Inc.
· Agilent Technologies
· Geneva Bioinformatics (Genebio) SA
· Integromics S.L.
· Perkinelmer, Inc.
· Applied Biological Materials (ABM)
Global Population Health Management (PHM) Market, By Solution (Software, Services (Consulting, Implementation, Training, Post Sales Maintenance), By Deployment (Web-based, Cloud-based, On Premise), By End-User (Healthcare Providers, Healthcare Payers, Private Employers, Government Organizations), By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trends and Forecast to 2022
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