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Research Report AnalysisBioinformatics Technologies and Global Markets

Press Release   •   Feb 16, 2016 12:16 IST

16th Feb 2016 - Mumbai, India: announces a report on “Research Report AnalysisBioinformatics Technologies and Global Markets” The report in-depth analysis of bioinformatics breaks down the market by geography, category and application.

The global bioinformatic market was $3.6 billion and $4.1 billion in 2013 and 2014, respectively. This market is expected to reach $8.0 billion in 2019 from $4.7 billion in 2015 at a compound annual growth rate of 14.2% for the period 2014-2019.

The report provides:
-An overview of the global market for bioinformatics based on geography, category and application.
-Analyses of global market trends, with data from 2013 and 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2019.
-Technological descriptions and patenting trends in bioinformatics.
-Analysis of the market's dynamics, including opportunities, drivers, and restraints.
-Examination of the economic environment effecting the deployment of bioinformatics.
-Discussion of other influential factors, such as R&D spending in the pharmaceutical sector, the growth of agrobiotechnology, and the expanded use of microbial genomics.
-Comprehensive company profiles of major players in the industry.



The Research’s goal for this study is to provide a comprehensive analysis of the bioinformatic market by reviewing the recent advances in high-throughput ‘omic platforms and computer-enabled tools that drive the field forward. It examines the market trends and provides analysis regarding industry service providers and software solution developers, as well as IT and bioinformatics service providers that support the pharma and biotech industry.

The report’s main focus is to identify the challenges and opportunities that exist in the bioinformatic market following the adoption of high-throughput technologies such as next-generation sequencing (NGS), the analysis of big data and the emergence of cloud-based solutions. It identifies innovative companies and technologies that are moving the field forward and enabling scientists to search for elusive pieces of information that will improve diagnosis and treatment with precision medicines.

Since scientists unraveled the blueprint of the human genome more that 10 years ago, they have been exploring new ways to utilize ‘omic data to understand more complex diseases. Researchers are keen to analyze as many different types of data as possible to gain a better understanding of that which is happening at the cellular and molecular levels. Service providers have developed new analytical tools and information technology (IT) infrastructures to enable scientists to interrogate complex data sources and quickly and efficiently disseminate information for better decision making to achieve this goal.

More recently, improvements in cloud computing capabilities and advances in data analysis software services have helped to expand the evaluation of available datasets, allowing researchers to build systems biology models of various diseases. There has recently been a massive shift in the way people do computing in part due to the availability of cloud computing and the growth in NGS technologies, and as a result, service providers are now offering more cloud-based solutions on a pay-as-you-go or fee-for-service manner to suit the budgets of both small and larger business.

The scope of the study encompasses the global bioinformatic market based on geography, category and application. It provides a detailed analysis of recent advances in ‘omic technologies and examines their impact on the bioinformatic market. It discusses the ways in which bioinformatics has been utilized by the pharma and biotech industry to streamline the research and development (R&D) process and improve efficiencies. It provides a detailed analysis of leading countries, companies and technologies that will drive the field forward.

The study provides a detailed analysis of the economic, technological and potential application of bioinformatics; it also examines the market drivers and identifies the potential opportunities through 2019. The study is aimed at the pharmaceutical industry, biotechnology firms, research laboratories and individuals interested in exploiting the commercial opportunities offered in this field.

This in-depth analysis of bioinformatics breaks down the market by geography, category and application. It analyzes current and potential opportunities for bioinformatic business. It includes market sizes from 2013 and forecasts market revenues to 2019.

Primary research involved e-mail correspondence and telephone interviews for each market, category, segment and sub-segment across regions. The author would like to thank those who took part in interviews for this report:

-Brett Ammundsen, CEO Biomatters, New Zealand
-Karen Madden, President of PerkinElmer’s Informatics Business, U.S.
-Doris Loutan, Management Assistant, SmartGene Services, Switzerland
-Paul Clemons, PhD, Director of Computational Chemical Biology Research Broad Institute, U.S.
-Rolf Apweiler, PhD, EMBL-EBI, Wellcome Trust Genome Campus, Hinxton, U.K.
-John Atack, PhD, Translational Drug Discovery Group, School of Life Science, University of Sussex, U.K.
-Tom Schwei, Vice President, CFO and General Manager DNASTAR Inc., U.S.
-Simon M. Lin, MD, Editor-in-Chief at the Journal of Computer Science and System Biology, BIRC, U.S.

Secondary research was carried out using internal and external sources to provide qualitative and quantitative information. The secondary research sources cited in this report include:
-Company websites, annual reports, financial reports and investor presentations.
-Industry trade journals, scientific journals and other technical literature.
-Relevant patent and regulatory databases.
-National government documents, statistical databases and market reports.
-News articles, press releases and Web casts specific to the companies.

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