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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 8.47 billion | 15.6 % | North America |
| by Type | by Specialty | by Application |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Bioinformatics Services Market Overview
Bioinformatics Services Market size was valued at USD 2.3 billion in 2020 and is projected to reach USD 8.47 billion by 2029, growing at a CAGR of 15.6% from 2022 to 2029.
The anticipated growth of the bioinformatics services market during the forecast period is driven by several key factors, including the expanding applications of bioinformatics across various industries, augmented by increased public-private sector funding for bioinformatics services. Moreover, the scarcity of proficient bioinformatics professionals has prompted a surge in outsourcing bioinformatics projects, further bolstering market growth. However, the development of in-house bioinformatics solutions and the availability of publicly accessible bioinformatics tools are poised to curb market expansion in the forthcoming years.
Numerous industries, including food, bioremediation, agriculture, forensics, and consumer goods, are increasingly leveraging bioinformatics services to enhance product quality and optimize supply chain processes. Services such as data integration, manipulation, lead discovery, data management, in silico analysis, and advanced knowledge discovery are witnessing widespread adoption across diverse sectors, thereby creating lucrative revenue opportunities for market players and fostering overall market growth.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) |
| Segmentation | By Type, By Specialty, By Application, By End User, By Region
|
| By Type |
|
| By Specialty |
|
| By Application |
|
| By End User |
|
| By Region |
|
The past two decades have witnessed a notable decline in the cost of genome sequencing, chiefly attributable to advancements in technology. The proliferation of advanced, efficient, and cost-effective sequencing systems, coupled with the reduced cost of sequencing itself, has significantly accelerated the global adoption of cutting-edge sequencing technologies. This trend has not only democratized access to genomic data but has also catalyzed the adoption of novel sequencing methodologies across various industries and research domains.
Bioinformatics Services Market Segment Analysis
The market is broadly segmented into type, application, specialty, end user and region. In terms of type segment, sequencing services segment is expected to account for the largest share during the forecast period. Sequencing services, data analysis, drug discovery services, differential gene expression analysis, database and management services, and other bioinformatics services make up the bioinformatics services industry. The sequencing services category has the largest market share due to lower sequencing costs. The bioinformatics services market is divided into genomes, cheminformatics and drug design, proteomics, transcriptomics, metabolomics, and other applications, depending on the application. Due to the increasing use of pharmacogenomic research for the development of precision medicine, favourable funding scenarios for genomic research, and partnerships and collaborations between various life sciences and informatics companies for the development of advanced bioinformatics services solutions and services, the genomics segment accounts for a significant portion of the market.
Based on specialty, medical biotechnology, plant biotechnology, animal biotechnology, environment biotechnology, and forensic biotechnology are the several types of bioinformatics services available. Due to the creation of new databases for drug discovery, the use of bioinformatics services for clinical diagnostics, and increased financing for the development of bioinformatics services solutions for clinical diagnostics, medical biotechnology has the highest share.
Based on end user, academic institutes and research centres, hospitals and clinics, pharma and biotech businesses, CROs, and other end users have been classified in the bioinformatics services market. The growing number of bioinformatics services-based research studies, the increasing scale of genomics research, the growing number of collaborations between academic research institutes and bioinformatics services market players, and the growing number of government funding programmes for genomics research all contribute to the academic institutes and research centres segment’s large share.
Bioinformatics Services Market Players
Some of the major players such as Illumina, BGI, Thermo Fisher Scientific, PerkinElmer, Eurofins Scientific, NeoGenomics, CD Genomics, Macrogen, QIAGEN, and GENEWIZ, Source BioScience, Microsynth, MedGenome, Fios Genomics, BaseClear, and others are dominating the bioinformatics services market.
- Illumina is a leading developer, manufacturer, and marketer of life science tools and integrated systems for large-scale analysis of genetic variation and function. These systems are enabling studies that were not even imaginable just a few years ago, and moving us closer to the realization of personalized medicine.
- BGI Genomics Co., Ltd offers researching and testing services. The Company provides deoxyribonucleic acid sequencing, food science, health care researching, cancer prevention, drug discovery, and DNA sequencing. BGI Genomics offers services to medical and scientific research institutions worldwide.
- Thermo Fisher Scientific offers services and products that help customers around the globe in laboratories and clinics, on production lines and out in the field. It is a driving force in the research, healthcare, industrial and applied markets.
Who Should Buy? Our Key Stakeholders
- Genomics Industry
- Pharmaceutical Industry
- Healthcare Industry
- Biotechnology Companies
- Hospitals and Clinics
- Scientific Research and Development
- Investors
- Manufacturing companies
- End user companies
- Others.
Key Takeaways:
- Bioinformatics Services Market is growing at a CAGR of 15.6%
- Based on type segment, sequencing services segment is expected to account for the largest share during the forecast period.
- Based on specialty, medical biotechnology has the highest share.
- Based on end user, the academic institutes and research centres segment’s large share.
- North America accounts for the largest share.
- The integration of artificial intelligence and machine learning algorithms for enhanced data analysis and interpretation.
Bioinformatics Services Market Regional Analysis
The global bioinformatics services market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America accounts for the largest share of the global bioinformatics services market, followed by Europe. The presence of leading bioinformatics services specialist co-ops in the district, decreasing the cost of sequencing, expanding the number of genomics research exercises in the region, a high rate of target illnesses (such as malignant growth and hereditary illnesses), and a favourable subsidising situation for bioinformatics services-based examination are all factors that contribute to the vast majority of the North American region. In addition, the Asia Pacific market is expected to grow at the fastest rate.
Key Market Segments:
Bioinformatics Services Market by Type, 2020-2029, (USD Million)
- Sequencing
- Data Analysis
- Discovery
- Gene Expression
- Database Management
Bioinformatics Services Market by Specialty, 2020-2029, (USD Million)
- Medical
- Plant
- Forensics
Bioinformatics Services Market by Application, 2020-2029, (USD Million)
- Metabolomics
- Genomics
Bioinformatics Services Market by End User, 2020-2029, (USD Million)
- Academia
- Pharma-Biotech
Bioinformatics Services Market by Region, 2020-2029, (USD Million)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Key Question Answered
- What are the growth opportunities related to the adoption of bioinformatics services across major regions in the future?
- What are the new trends and advancements in the bioinformatics services market?
- Which product categories are expected to have highest growth rate in the bioinformatics services market?
- Which are the key factors driving the bioinformatics services market?
- What will the market growth rate, growth momentum or acceleration the market carries during the forecast period?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL BIOINFORMATICS SERVICES MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON GLOBAL BIOINFORMATICS SERVICES MARKET
- GLOBAL BIOINFORMATICS SERVICES MARKET OUTLOOK
- GLOBAL BIOINFORMATICS SERVICES MARKET BY TYPE, (USD MILLION)
- SEQUENCING
- DATA ANALYSIS
- DISCOVERY
- GENE EXPRESSION
- DATABASE MANAGEMENT
- GLOBAL BIOINFORMATICS SERVICES MARKET BY SPECIALTY, (USD MILLION)
- MEDICAL
- PLANT
- FORENSICS
- GLOBAL BIOINFORMATICS SERVICES MARKET BY APPLICATION, (USD MILLION)
- METABOLOMICS
- GENOMICS
- GLOBAL BIOINFORMATICS SERVICES MARKET BY END USER, (USD MILLION)
- ACADEMIA
- PHARMA-BIOTECH
- GLOBAL BIOINFORMATICS SERVICES MARKET BY REGION, (USD MILLION)
- INTRODUCTION
- ASIA-PACIFIC
- CHINA
- INDIA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA-PACIFIC
- NORTH AMERICA
- UNITED STATES
- CANADA
- MEXICO
- EUROPE
- GERMANY
- UNITED KINGDOM
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- ILLUMINA
- BGI
- THERMO FISHER SCIENTIFIC
- PERKINELMER
- EUROFINS SCIENTIFIC
- NEOGENOMICS
- CD GENOMICS
- MACROGEN
- SOURCE BIOSCIENCE
- MICROSYNTH
- OTHERS *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS)2020-2029
TABLE 2Â Â Â Â Â Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â US BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â US BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â US BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â US BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â UK BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â UK BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â UK BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â UK BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â Â UAE BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â Â UAE BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â Â UAE BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â Â UAE BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA BIOINFORMATICS SERVICES MARKET BY TYPE (USD MILLIONS) 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA BIOINFORMATICS SERVICES MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA BIOINFORMATICS SERVICES MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA BIOINFORMATICS SERVICES MARKET BY SPECIALTY (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY TYPE, USD MILLION, 2020-2029
FIGURE 10Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY SPECIALTY, USD MILLION, 2020-2029
FIGURE 11Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY APPLICATION, USD MILLION, 2020-2029
FIGURE 12Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY END USER, USD MILLION, 2020-2029
FIGURE 13Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKETBY REGION, USD MILLION, 2020-2029
FIGURE 14   PORTER’S FIVE FORCES MODEL
FIGURE 15Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKETBY TYPE, 2020
FIGURE 16Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKETBY SPECIALTY 2020
FIGURE 17Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKETBY APPLICATION 2020
FIGURE 18Â Â Â GLOBAL BIOINFORMATICS SERVICES MARKET BY END USER 2020
FIGURE 19Â Â Â BIOINFORMATICS SERVICES MARKETBY REGION 2020
FIGURE 20Â Â Â MARKET SHARE ANALYSIS
FIGURE 21Â Â Â ILLUMINA: COMPANY SNAPSHOT
FIGURE 22Â Â Â BGI: COMPANY SNAPSHOT
FIGURE 23Â Â Â THERMO FISHER SCIENTIFIC: COMPANY SNAPSHOT
FIGURE 24Â Â Â PERKINELMER: COMPANY SNAPSHOT
FIGURE 25Â Â Â EUROFINS SCIENTIFIC: COMPANY SNAPSHOT
FIGURE 26Â Â Â NEOGENOMICS: COMPANY SNAPSHOT
FIGURE 27Â Â Â CD GENOMICS: COMPANY SNAPSHOT
FIGURE 28Â Â Â MACROGEN: COMPANY SNAPSHOT
FIGURE 29Â Â Â SOURCE BIOSCIENCE: COMPANY SNAPSHOT
FIGURE 30Â Â Â MICROSYNTH: COMPANY SNAPSHOT
FAQ
Bioinformatics services market size was valued at USD 2.3 billion in 2020 and is projected to reach USD 8.47 billion by 2029, growing at a CAGR of 15.6% from 2022 to 2029. The shortage of skilled bioinformatics services professionals is driving the market.
North America held more than 45% of the bioinformatics services market revenue share in 2021 and will witness market expansion due to the presence of leading bioinformatics services specialist co-ops in the district, decreasing the cost of sequencing, expanding the number of genomics research exercises in the region.
This industry is focused on improving facilities and expanding technology in order to provide better treatments.
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