Bioinformatics Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Bioinformatics Market – Report Overview

Pacific Business Consulting’s “Bioinformatics Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Bioinformatics market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The global market size for bioinformatics reached US$ 9.8 billion in 2022 and is projected to experience a compound annual growth rate (CAGR) exceeding 10.0% from 2023 to 2030, aiming to attain nearly US$ 19.0 billion by 2030.

Bioinformatics, combining biology and information technology, bridges biological data with information storage, distribution, and analysis techniques, supporting various scientific research areas, notably biomedicine. The utilization of software tools in database creation, data management, data warehousing, data mining, and more contributes to scientific discoveries, particularly in genetics and genomics. Bioinformatics tools, categorized into protein functional and analysis tools, homology and similarity tools, sequence analysis tools, and miscellaneous tools, cover specialized areas such as structural genomics, functional genomics, DNA microarrays, comparative genomics, and medical information, thereby boosting the global bioinformatics market share.

Integrated bioinformatics solutions, offering algorithms and statistical methodologies for data analysis, are increasingly employed for applications like next-generation sequencing, genomic and proteomic structuring, modeling, and three-dimensional drug design. The growth in proteomics and genomics research, supported by expanding ‘omics’ fields, is anticipated to fuel market growth, addressing the demands for data storage and analysis.

Recent advancements, such as a DNA sequencing technique that can sequence a human genome in about 8 hours, contribute to the rising demand for genomics and, consequently, the bioinformatics sector. Applications of bioinformatics in storing large amounts of genomic and proteomic information facilitate research in areas like aging, carcinogenesis, and preventive therapy for genetic diseases.

The market is further driven by the increasing demand for novel drug research and development (R&D), alongside funding initiatives from both private and public organizations. The introduction of user-friendly and readily available bioinformatics software, including RasMol, AUTODOCK, BALL, and Bioclipse, is enhancing their utilization for accurate and effective biomarker discovery programs during the early stages of drug development, contributing to industry growth.

Anticipated factors for substantial growth in the global bioinformatics market include the growing need for integrated data, increased demand for nucleic acid and protein sequencing due to reduced sequencing costs, and expanded applications in proteomics and genomics. Factors such as drug discovery and development, government and private initiatives, however, could be hindered by challenges such as a shortage of skilled personnel, common data format issues, and the absence of affordable user-friendly tools. On the positive side, opportunities for bioinformatics solution developers lie in the demand for integrated solutions and systems, the integration of machine learning and artificial intelligence in healthcare, and investments by software companies in bioinformatics solutions.

Key players in the bioinformatics segment, such as Thermo Fisher Scientific, Qiagen, Agilent Technologies, Illumina, PerkinElmer, DNAnexus Inc., Seven Bridges Genomics, BGI Group, and Partek Inc., are expected to shape the future landscape of bioinformatics technologies through continuous innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Bioinformatics market. It also delves into the analysis of present and prospective market competition within the global Bioinformatics market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Bioinformatics market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Bioinformatics market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Bioinformatics
   • Global Market Outlook: Bioinformatics
2. Competitive Intelligence Analysis: Bioinformatics
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Bioinformatics
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Bioinformatics
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Bioinformatics: Ten Major Market (10MM) – Market Analysis, By Product Type
   • Bioinformatics Platforms
   • Bioinformatics Knowledge Management
   • Bioinformatics Services
9. Bioinformatics: Ten Major Market (10MM) – Market Analysis, By Application
   • Genomics
   • Molecular Phylogenetics
   • Metabolomics
   • Proteomics
   • Chemoinformatics & Drug design
   • Transcriptomics
   • Others
10. Bioinformatics: Ten Major Market (10MM) – Market Analysis, By End Use Sector
    • Medical Bioinformatics
    • Animal Bioinformatics
    • Agriculture Bioinformatics
    • Academics
    • Others
11. Bioinformatics: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

12. S. Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

13. K. Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

14. Germany Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

15. France Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

16. Italy Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

17. Spain Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

18. Japan Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

19. China Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

20. Australia Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

21. India Bioinformatics – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End Use Sector
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End Use Sector

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer