Bioinformatics is a sub-discipline of biology and computer science which involves both hardware and software to obtain, store, and interpret large quantities of biological data.
Cheminformatics Exhibits Fastest Growth
Based on Application, Cheminformatics is expected to grow at a robust rate in the Asia-Pacific Bioinformatics market during the forecast period. Cheminformatics tools are primarily used to manage high-throughput screening (HTS) and compound chemistry data. The advent of cheminformatics technologies is allowing drug discovery companies to save and reduce time and money by as much as 50%. The growing popularity of small molecule libraries is further expected to propel the growth of the Asia-Pacific Bioinformatics market in the coming years as revealed by the MarkNtel Advisors’ research report “Asia-Pacific Bioinformatics Market Analysis, 2021”.
According to MarkNtel Advisors’ research report “Asia-Pacific Bioinformatics Market Analysis, 2021”, the market is anticipated to grow at a CAGR of 17% during 2021-26F. The growth of the market is attributed to the increasing need for cost-effective and analytical tools in pharmacogenomics and proteomics, the rising popularity of combinatorial chemistry techniques and the paradigm shift from genomics to proteomics in order to heightened efforts in discovering disease biomarkers and identifying therapeutic targets. Besides these, soaring government funding to R&D, surging merger and acquisition to accelerate innovation and the growing reliance of pharmaceutical companies on bioinformatics are projected to fuel the growth of the market in the forecast period.
According to MarkNtel Advisors’, the key players with a considerable market share in the Asia-Pacific Bioinformatics market include Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Affymetrix, Applied Biological Materials Inc., Illumina, Inc., QIAGEN, Biomax Biotechnics, DNANEXUS, Water corporation, Genebio, Integromics, Inc., PerkinElmer Inc., Partek, BGI, Dassault systems etc.
Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Asia-Pacific Bioinformatics Market?
2. What is the country-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the Asia-Pacific Bioinformatics Market?
4. Who are the key competitors, what are their key strength and weakness and how they perform in Asia-Pacific Bioinformatics Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of the Asia-Pacific Bioinformatics Market study?
Market Outlook, Segmentation and Statistics
1) Impact of COVID-19 on Asia Pacific Bioinformatics Market
2) Market Size & Analysis
a) By Revenues (USD Million)
3) Market Share & Analysis
a) By Type of Sector
i) Animal Biotechnology
ii) Environmental Biotechnology
(1) Alternative Energy Sources
(2) Waste Clean-up/ Bioremediation
iii) Agriculture Biotechnology
(1) Crop Yield Improvement
(2) Pest Resistance
(3) Improvement of Plant Resistance
(4) Biodiversity Informatics
(5) Nutritional Quality Improvement
iv) Forensic Biotechnology
v) Medical Biotechnology
(1) Drug Development
(2) Clinical Diagnostics
(3) Molecular Medicine
(4) Gene Therapy
(5) Reproductive Biotechnology
b) By Application
iii) Molecular Phylogenetics
v) Drug Design & Genomics
c) By Products & Services
i) Bioinformatics Platforms
(1) Sequence Analysis
(2) Sequence Alignment
(3) Sequence Manipulation
(4) Structural and Functional Analysis
ii) Knowledge Management Tools
(1) Generalized Knowledge Management Tools
(2) Specialized Knowledge Management Tools
iii) Bioinformatics Services
(1) Data Analysis Services
iv) Database Management Services
d) By Country
i) India Bioinformatics Market Outlook, 2016-2026F (USD Million)
ii) China Bioinformatics Market Outlook, 2016-2026F (USD Million)
iii) Japan Bioinformatics Market Outlook, 2016-2026F (USD Million)
iv) Australia Bioinformatics Market Outlook, 2016-2026F (USD Million)
v) South Korea Bioinformatics Market Outlook, 2016-2026F (USD Million)
vi) Southeast Asia Bioinformatics Market Outlook, 2016-2026 (USD Million),
e) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
4) Asia-Pacific Bioinformatics Market Government Policies, Regulations
5) Asia-Pacific Bioinformatics Market Hotspots & Opportunities
6) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Asia-Pacific Bioinformatics Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of the Asia-Pacific Bioinformatics Market during 2021-26?
A. The growth rate of the Asia-Pacific Bioinformatics Market during 2021-26 is expected to grow at a CAGR of 17%.
Q. Who are the key competitors or players operating in Asia-Pacific Bioinformatics Market?
A. Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Affymetrix, Applied Biological Materials Inc., Illumina, Inc., QIAGEN, Biomax Biotechnics, DNANEXUS, Water corporation, Genebio, Integromics, Inc., PerkinElmer Inc., Partek, BGI, Dassault systems etc., are few of the leading players in the Asia-Pacific Bioinformatics Market.
Q. Which products & services would emerge as an opportunity area for players in Asia-Pacific Bioinformatics Market?
A. Bioinformatics Platforms is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which country would emerge as an opportunity area for players in Asia-Pacific Bioinformatics Market?
A. China continue to grow at the highest CAGR, presenting immense opportunities for manufacturers and suppliers of the Asia-Pacific Bioinformatics Market.