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Bioinformatics Services Market by Type (Microbiome, Transcriptome, Virtual Screening, Database Management), Specialty (Medical, Forensics), Application (Proteomics, Metabolomics), End User (Academia, Pharma) - Global Forecast to 2023

Bioinformatics Services Market by Type (Microbiome, Transcriptome, Virtual Screening, Database Management), Specialty (Medical, Forensics), Application (Proteomics, Metabolomics), End User (Academia, Pharma) - Global Forecast to 2023

“The global bioinformatics services market projected to grow at a CAGR of 15.7%.”
The global bioinformatics services market is projected to reach USD 3.53 billion by 2023 from USD 1.70 million in 2018, at a CAGR of 15.7%. Factors such as increasing applications of bioinformatics in various industries, the shortage of skilled bioinformatics professionals leading to increased outsourcing of bioinformatics projects, and rising public-private sector funding for bioinformatics services are expected to propel the growth of this market. However, the in-house development of bioinformatics solutions and publically available bioinformatics tools are expected to restrain the growth of the bioinformatics services market in the forecast period.

“The medical biotechnology segment is expected to dominate the market in 2018.”
The bioinformatics services market, by specialty, is segmented into medical biotechnology, animal biotechnology, plant biotechnology, environmental biotechnology, and forensic biotechnology. The medical biotechnology segment is expected to command the largest share of the bioinformatics services market in 2018. The largest share of this segment can be attributed to the development of new databases for drug discovery, the use of bioinformatics for clinical diagnostics, and increasing funding for the development of bioinformatics solutions for clinical diagnostics.

“The academic institutes and research centers segment to grow at the highest CAGR during 2018 to 2023.”
On the basis of end user, the bioinformatics services market is segmented into academic institutes and research centers, hospitals and clinics, pharmaceutical and biotechnology companies, and other end users. The academic institutes and research centers segment is estimated to witness the highest growth during 2018-2023. Increasing scale of genomics research, rising number of collaborations between academic research institutes and players in the bioinformatics market, growing number of government funding programs for genomics research, and the increasing focus of market players on providing efficient bioinformatics services that suit the requirements of researchers are some of the major factors driving the growth of this segment.

“APAC is projected to witness the highest growth during the forecast period.”
The Asia Pacific bioinformatics services market is expected to grow at the highest CAGR from 2018 to 2023. Factors such as increasing incidence of target diseases (such as cancer and genetic diseases), rising awareness about the clinical applications of bioinformatics and its advantages over conventional methods, and growing genomic and drug discovery research activities are driving the growth of the Asia Pacific bioinformatics services market.

Breakdown of supply-side primary interviews: by company type, designation, and region:
By Company Type - Tier 1 -26%, Tier 2 -33% and Tier 3 -41%
By Designation - C-level - 43%, Director-level - 36%, Others - 22%
By Region - North America - 33%, Europe - 21%, APAC - 37%, RoW - 9%

As of 2017, the key players in the bioinformatics services market include Illumina (US), Thermo Fisher Scientific (US), Eurofins Scientific (Luxembourg), BGI (China), NeoGenomics (US), PerkinElmer (US), CD Genomics (US), Macrogen (South Korea), QIAGEN (Germany), GENEWIZ (US), Source BioScience (UK), Microsynth (Switzerland), MedGenome (India), Fios Genomics (UK), and BaseClear (Netherlands), among others.

Research Coverage
This report studies the bioinformatics services market based on type, specialty, application, end user, and region. The report also analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. It evaluates opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four main regions.

Reasons to Buy the Report:
The report provides insights on the following pointers:

Market Penetration: Comprehensive information on business strategies adopted by the major players in the bioinformatics services market. The report analyzes the bioinformatics services market based on type, specialty, application, end user, and region

Service Launches: Insights on R&D activities and service launches in the bioinformatics services market

Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various bioinformatics services across geographies

Market Diversification: Exhaustive information about recent developments and investments in the bioinformatics services market

Competitive Assessment: In-depth assessment of market ranking, strategies, and services of leading players in the bioinformatics services market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • BIOINFORMATICS SERVICES: MARKET OVERVIEW
    • BIOINFORMATICS SERVICES MARKET, BY TYPE (2018 VS. 2023)
    • BIOINFORMATICS SERVICES MARKET, BY APPLICATION (2018 VS. 2023)
    • BIOINFORMATICS SERVICES MARKET, BY SPECIALTY (2018 VS. 2023)
    • BIOINFORMATICS SERVICES MARKET, BY REGION AND END USER, 2018 VS. 2023 (USD MILLION)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • BIOINFORMATICS SERVICES MARKET, BY TYPE
    • INTRODUCTION
      • Table GLOBAL BIOINFORMATICS SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
    • SEQUENCING SERVICES
      • Table GLOBAL BIOINFORMATICS SEQUENCING SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table GLOBAL BIOINFORMATICS SEQUENCING SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table BIOINFORMATICS SEQUENCING SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION)
      • WHOLE GENOME SEQUENCING AND DE NOVO ASSEMBLY
        • Table BIOINFORMATICS SEQUENCING SERVICES MARKET FOR WHOLE GENOME SEQUENCING AND DE NOVO ASSEMBLY, BY REGION, 2016–2023 (USD MILLION)
      • EXOME ANALYSIS
        • Table BIOINFORMATICS SEQUENCING SERVICES MARKET FOR EXOME ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
      • TRANSCRIPTOME ANALYSIS
        • Table BIOINFORMATICS SEQUENCING SERVICES MARKET FOR TRANSCRIPTOME ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
      • METAGENOMIC ANALYSIS
        • Table BIOINFORMATICS SEQUENCING SERVICES MARKET FOR METAGENOMIC ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
      • CHIP-SEQ ANALYSIS
        • Table BIOINFORMATICS SEQUENCING SERVICES MARKET FOR CHIP-SEQ ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
      • OTHER SEQUENCING ANALYSIS
        • Table BIOINFORMATICS SEQUENCING SERVICES MARKET FOR OTHER SEQUENCING ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
    • DATA ANALYSIS
      • Table GLOBAL BIOINFORMATICS DATA ANALYSIS SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table GLOBAL BIOINFORMATICS DATA ANALYSIS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table BIOINFORMATICS DATA ANALYSIS SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION)
      • DATA MINING
        • Table BIOINFORMATICS DATA ANALYSIS SERVICES MARKET FOR DATA MINING, BY REGION, 2016–2023 (USD MILLION)
      • GENOMIC ANALYSIS
        • Table BIOINFORMATICS DATA ANALYSIS SERVICES MARKET FOR GENOMIC ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
      • PROTEOMIC ANALYSIS
        • Table BIOINFORMATICS DATA ANALYSIS SERVICES MARKET FOR PROTEOMIC ANALYSIS, BY REGION, 2016–2023 (USD MILLION)
      • VARIANT ANNOTATION AND DISCOVERY
        • Table BIOINFORMATICS DATA ANALYSIS SERVICES MARKET FOR VARIANT ANNOTATION AND DISCOVERY, BY REGION, 2016–2023 (USD MILLION)
    • DRUG DISCOVERY SERVICES
      • Table GLOBAL BIOINFORMATICS DRUG DISCOVERY SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table BIOINFORMATICS DRUG DISCOVERY SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION)
    • DIFFERENTIAL GENE EXPRESSION ANALYSIS
      • Table GLOBAL BIOINFORMATICS DIFFERENTIAL GENE EXPRESSION ANALYSIS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table BIOINFORMATICS DIFFERENTIAL GENE EXPRESSION ANALYSIS SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION)
    • DATABASE AND MANAGEMENT SERVICES
      • Table GLOBAL DATABASE AND MANAGEMENT SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table DATABASE AND MANAGEMENT SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION)
    • OTHER BIOINFORMATICS SERVICES
      • Table GLOBAL BIOINFORMATICS SERVICES MARKET FOR OTHER SERVICES, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table BIOINFORMATICS SERVICES MARKET FOR OTHER SERVICES, BY REGION, 2016–2023 (USD MILLION)
  • BIOINFORMATICS SERVICES MARKET, BY SPECIALTY
    • INTRODUCTION
      • Table GLOBAL BIOINFORMATICS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
    • MEDICAL BIOTECHNOLOGY
      • Table BIOINFORMATICS SERVICES MARKET FOR MEDICAL BIOTECHNOLOGY, BY REGION, 2016–2023 (USD MILLION)
    • ANIMAL BIOTECHNOLOGY
      • Table BIOINFORMATICS SERVICES MARKET FOR ANIMAL BIOTECHNOLOGY, BY REGION, 2016–2023 (USD MILLION)
    • PLANT BIOTECHNOLOGY
      • Table BIOINFORMATICS SERVICES MARKET FOR PLANT BIOTECHNOLOGY, BY REGION, 2016–2023 (USD MILLION)
    • ENVIRONMENTAL BIOTECHNOLOGY
      • Table BIOINFORMATICS SERVICES MARKET FOR ENVIRONMENTAL BIOTECHNOLOGY, BY REGION, 2016–2023 (USD MILLION)
    • FORENSIC BIOTECHNOLOGY
      • Table BIOINFORMATICS SERVICES MARKET FOR FORENSIC BIOTECHNOLOGY, BY REGION, 2016–2023 (USD MILLION)
  • BIOINFORMATICS SERVICES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GLOBAL BIOINFORMATICS SERVICES MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
    • GENOMICS
      • Table BIOINFORMATICS SERVICES MARKET FOR GENOMICS, BY REGION, 2016–2023 (USD MILLION)
    • CHEMOINFORMATICS & DRUG DESIGN
      • Table BIOINFORMATICS SERVICES MARKET FOR CHEMOINFORMATICS AND DRUG DESIGN, BY REGION, 2016–2023 (USD MILLION)
    • PROTEOMICS
      • Table BIOINFORMATICS SERVICES MARKET FOR PROTEOMICS, BY REGION, 2016–2023 (USD MILLION)
    • TRANSCRIPTOMICS
      • Table BIOINFORMATICS SERVICES MARKET FOR TRANSCRIPTOMICS, BY REGION, 2016–2023 (USD MILLION)
    • METABOLOMICS
      • Table BIOINFORMATICS SERVICES MARKET FOR METABOLOMICS, BY REGION, 2016–2023 (USD MILLION)
    • OTHER APPLICATIONS
      • Table BIOINFORMATICS SERVICES MARKET FOR OTHER APPLICATIONS, BY REGION, 2016–2023 (USD MILLION)
  • BIOINFORMATICS SERVICES MARKET, BY END USER
    • INTRODUCTION
      • Table GLOBAL BIOINFORMATICS SERVICES MARKET, BY END USER, 2016–2023 (USD MILLION)
    • ACADEMIC INSTITUTES & RESEARCH CENTERS
      • Table BIOINFORMATICS SERVICES MARKET FOR ACADEMIC INSTITUTES AND RESEARCH CENTERS, BY REGION, 2016–2023 (USD MILLION)
    • HOSPITALS & CLINICS
      • Table BIOINFORMATICS SERVICES MARKET FOR HOSPITALS & CLINICS, BY REGION, 2016–2023 (USD MILLION)
    • PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES
      • Table BIOINFORMATICS SERVICES MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY REGION, 2016–2023 (USD MILLION)
    • OTHER END USERS
      • Table BIOINFORMATICS SERVICES MARKET FOR OTHER END USERS, BY REGION, 2016–2023 (USD MILLION)
  • BIOINFORMATICS SERVICES MARKET, BY REGION
    • INTRODUCTION
      • Table BIOINFORMATICS SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: BIOINFORMATICS SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: BIOINFORMATICS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: BIOINFORMATICS SERVICES MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: BIOINFORMATICS SERVICES MARKET, BY END USER, 2016–2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: BIOINFORMATICS SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table EUROPE: BIOINFORMATICS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table EUROPE: BIOINFORMATICS SERVICES MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table EUROPE: BIOINFORMATICS SERVICES MARKET, BY END USER, 2016–2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: BIOINFORMATICS SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: BIOINFORMATICS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: BIOINFORMATICS SERVICES MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: BIOINFORMATICS SERVICES MARKET, BY END USER, 2016–2023 (USD MILLION)
    • REST OF THE WORLD
      • Table ROW: BIOINFORMATICS SERVICES MARKET, BY TYPE, 2016–2023 (USD MILLION)
      • Table ROW: BIOINFORMATICS SERVICES MARKET, BY SPECIALTY, 2016–2023 (USD MILLION)
      • Table ROW: BIOINFORMATICS SERVICES MARKET, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table ROW: BIOINFORMATICS SERVICES MARKET, BY END USER, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS, BY KEY PLAYER, 2017
    • COMPETITIVE SITUATION AND TRENDS
      • SERVICE LAUNCHES
        • Table KEY SERVICE LAUNCHES, 2015–2018
      • AGREEMENTS, PARTNERSHIPS AND COLLABORATIONS
        • Table KEY PARTNERSHIPS AND COLLABORATIONS, 2015–2018
      • EXPANSIONS
        • Table KEY EXPANSIONS, 2015–2018
      • ACQUISITIONS
        • Table KEY ACQUISITIONS, 2015–2018
  • COMPANY PROFILES
    • BASECLEAR
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BGI
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • CD GENOMICS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • EUROFINS SCIENTIFIC
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • FIOS GENOMICS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • GENEWIZ
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • ILLUMINA
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • MACROGEN
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • MEDGENOME LABS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • MICROSYNTH
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • NEOGENOMICS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • PERKINELMER
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • QIAGEN BIOINFORMATICS
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • SOURCE BIOSCIENCE
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
    • THERMO FISHER SCIENTIFIC
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS (2015-2018)
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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