DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dhs4j7/global) has announced the addition of the "Global Bioinformatics Market Forecasts and Opportunities, 2020" report to their offering.
The bioinformatics technology and services market is segmented into knowledge management tools, bioinformatics platforms and bioinformatics services. Bioinformatics platforms segment was estimated to be the highest revenue generating segment in 2013. This was due to increasing popularity of bioinformatics tools in various genomic studies.
However, by 2020, knowledge management tools are expected to take over platform market and would emerge as the highest revenue generating segment in the overall bioinformatics technology and service market. This shift would be chiefly due to increasing need for data integration, increasing clinical trials and growth in the proteomic data. The services market is expected to have the highest potential during the analysis period due to increasing adoption of services by the biotechnology and pharmaceutical companies.
The bioinformatics market is segmented based on applications, namely metabolomics, molecular phylogenetics, transcriptomics, proteomics, chemoinformatics, genomics and others. The genomic application segment was estimated to be the major revenue generating segment in 2013; however, by 2020, chemoinformatics would supersede genomic. Major contributing factors for this growth are increasing application of drug discovery and development using bioinformatics tools, which proves to be cost and time efficient for the pharmaceutical companies. The transcriptomics market is expected to have the highest potential as they provide solution in multi target drug discovery, which reduces the risk of failure of hypothesis, aids in the discovery of drugs that helps in modulating various diseases, and provides various platforms in drug discovery.
The bioinformatics sector market is segmented based on medical bioinformatics, animal bioinformatics, agriculture bioinformatics, academics and others. The medical bioinformatics was and is projected to remain as the leading revenue generating market segment through 2020. The plunge would be due to the widespread application in preventive medicine, gene therapy and drug discovery & development using bioinformatics tools. The academics sector is forecast to be the potential segment, which is expected to grow at a CAGR of 38.5% during 2014-2020.
Key Topics Covered:
CHAPTER 1. INTRODUCTION
CHAPTER 2. EXECUTIVE SUMMARY
CHAPTER 3. BIOINFORMATICS MARKET OVERVIEW
CHAPTER 4. GLOBAL BIOINFORMATICS MARKET BY TECHNOLOGY AND SERVICES
CHAPTER 5. GLOBAL BIOINFORMATICS MARKET BY APPLICATION
CHAPTER 6. GLOBAL BIOINFORMATICS MARKET BY SECTOR
CHAPTER 7. GLOBAL BIOINFORMATICS MARKET BY GEOGRAPHY
CHAPTER 8. COMPANY PROFILES
- Agilent technologies
- Biomax informatics AG.
- Bruker Daltonics
- Geneva bioinformatics
- Life Technologies corp.
- Non linear dynamics
- Quest Diagnostics
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