Global Bioinformatics Market 2015-2019
Bioinformatics is a field of science that includes computational analysis of biological data, which consists of information stored in DNA form and protein sequences in various biological databases. Biology, information technology, and computer science merge into single discipline in bioinformatics. This field is deep rooted in molecular biology and surrounds subject areas from structural biology, genomics to gene expression studies. Bioinformatics is commonly used for identifying SNPs and candidate genes. Bioinformatics analysis focuses on three data set types: macromolecular structures, genome sequences, and functional genomics experiments.
Technavio's analysts forecast the global bioinformatics market to grow at a CAGR of 19.49% over the period 2014-2019.
Covered in this Report
The global bioinformatics market can be divided into three segments: platforms, tools, and services. To calculate the market size, the report considers the revenue generated from the three geographies: Americas, EMEA, and APAC. Technavio's report, Global Bioinformatics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Bioinformatics Market 2015-2019
Technavio recognizes the following companies as the key players in the global bioinformatics market: Affymetrix, Agilent Technologies, Dassault Systemes and QIAGEN
Other Prominent Vendors in the market are: Applied Maths, Astrid Research, Biobase, BioDiscovery, Biomax Informatics, Cerner, DNASTAR, Genedata, GeneTalk, Genialis, Genomatix, Genomodel, Genostar, IBM, Ingenuity Systems, IntegraGen, Integromics, MacVector, Ocimum Bio Solutions, PREMIER Biosoft International, Qlucore, Roche Diagnostics, SimBioSys, SRA International, Strand Life sciences, TCS and Thermo Fischer Scientific (Invitrogen)
Commenting on the report, an analyst from Technavio’s team said: “Advances in NGS, proteomics, genomics, and biobanking and the expansion of the consumer base to naïve end-users have increased the demand for bioinformatics tools for data analysis. Researchers can now analyze huge volumes of data using powerful tools and software. The electronic record system helps experts gain access to samples and study the genotypic and phenotypic information.”
According to the report, modern molecular diagnostic techniques, such as in situ hybridization, DNA microarrays, mass spectrometry, NGS, and capillary electrophoresis, are used to detect and quantify DNA or RNA sequences and proteins. These methodologies aid physicians in the early diagnosis of diseases and improve clinical outcomes. The complex molecular diagnostics assays can be simplified by integrating molecular methods with advanced IT and data analytics. In addition, the use of nanotechnology to develop molecular diagnostics will increase the efficiency of protocols.
Further, the report states that the lack of researchers and specialists hinders market growth more significantly in developing countries than in developed countries.
Affymetrix, Agilent Technologies, Dassault Systemes, QIAGEN, Applied Maths, Astrid Research, Biobase, BioDiscovery, Biomax Informatics, Cerner, DNASTAR, Genedata, GeneTalk, Genialis, Genomatix, Genomodel, Genostar, IBM, Ingenuity Systems, IntegraGen, Integromics, MacVector, Ocimum Bio Solutions, PREMIER Biosoft International, Qlucore, Roche Diagnostics, SimBioSys, SRA International, Strand Life sciences, TCS, Thermo Fischer Scientific (Invitrogen)
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