The North America Bioinformatics Market would witness market growth of 11.4% CAGR during the forecast period (2022-2028).
Increased demand for protein and nucleic acid sequencing, increased government and commercial sector activities, the rapid advancement of proteomics and genomics, and increased study of molecular biology and drug development are all contributing reasons to the growth of the bioinformatics industry. The field of bioinformatics is expanding in significance as massive volumes of data generated by methods such as protein and nucleic acid sequencing need to be interpreted and managed for use in medicine and future research.
The introduction of technologically advanced bioinformatics software like BALL, Bioclipse, RasMol, and AUTODOCK, as well as rising market adoption of such tools for accurate and effective analysis of biomarkers discovery programs that support in toxicity detection throughout the initial stage of the drug development process, are also anticipated to boost industry growth over the next few years. For instance, My Intelligent Machines (MIMs) introduced potent software for cancer medication development in June 2022.
The need for meta-analysis of microarray data, computational epigenetics, differentially expressed genes, gene networks, systems biology needs, and gene-associating research, among other things, have also significantly impacted the expansion of the bioinformatics market.
The US contributes the largest revenue share in the North America market. The market expansion is linked to rising pharmaceutical and biopharmaceutical firms, rising healthcare and research spending, and rising government support for advancing academic and research institutions. The US Centers for Medicare & Medicaid Services estimate that national healthcare spending in the US will exceed US$ 4.1 trillion in 2020, up 9.7% from 2019.
The US market dominated the North America Bioinformatics Market by Country in 2021; thereby, achieving a market value of $6.0 Billion by 2028. The Canada market is poised to grow at a CAGR of 14% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 12.9% during (2022 - 2028).
Based on Product & Services, the market is segmented into Knowledge Management Tools, Bioinformatics Platforms and Bioinformatics Services. Based on Sector, the market is segmented into Medical Biotechnology, Plant Biotechnology, Environmental Biotechnology, Animal Biotechnology, Forensic Biotechnology and Others. Based on Application, the market is segmented into Genomics, Chemoinformatics & Drug Design, Transcriptomics, Metabolomics, Proteomics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Bioinformatics Market is Predict to reach $19.9 Billion by 2028, at a CAGR of 12.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thermo Fisher Scientific, Inc., Eurofins Scientific SE, Qiagen N.V., Agilent Technologies, Inc., Illumina, Inc., Waters Corporation, PerkinElmer Inc., Genedata AG, Neogenomics laboratories, BGI Group
Scope of the Study
Market Segments Covered in the Report:
By Product & Services
- Knowledge Management Tools
- Bioinformatics Platforms
- Bioinformatics Services
By Sector
- Medical Biotechnology
- Plant Biotechnology
- Environmental Biotechnology
- Animal Biotechnology
- Forensic Biotechnology
- Others
By Application
- Genomics
- Chemoinformatics & Drug Design
- Transcriptomics
- Metabolomics
- Proteomics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Thermo Fisher Scientific, Inc.
- Eurofins Scientific SE
- Qiagen N.V.
- Agilent Technologies, Inc.
- Illumina, Inc.
- Waters Corporation
- PerkinElmer Inc.
- Genedata AG
- Neogenomics laboratories
- BGI Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Bioinformatics Market, by Product & Services
1.4.2 North America Bioinformatics Market, by Sector
1.4.3 North America Bioinformatics Market, by Application
1.4.4 North America Bioinformatics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Jun – 2022, Oct) Leading Players
Chapter 4. North America Bioinformatics Market by Product & Services
4.1 North America Knowledge Management Tools Market by Country
4.2 North America Bioinformatics Platforms Market by Country
4.3 North America Bioinformatics Services Market by Country
Chapter 5. North America Bioinformatics Market by Sector
5.1 North America Medical Biotechnology Market by Country
5.2 North America Plant Biotechnology Market by Country
5.3 North America Environmental Biotechnology Market by Country
5.4 North America Animal Biotechnology Market by Country
5.5 North America Forensic Biotechnology Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Bioinformatics Market by Application
6.1 North America Genomics Market by Country
6.2 North America Chemoinformatics & Drug Design Market by Country
6.3 North America Transcriptomics Market by Country
6.4 North America Metabolomics Market by Country
6.5 North America Proteomics Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Bioinformatics Market by Country
7.1 US Bioinformatics Market
7.1.1 US Bioinformatics Market by Product & Services
7.1.2 US Bioinformatics Market by Sector
7.1.3 US Bioinformatics Market by Application
7.2 Canada Bioinformatics Market
7.2.1 Canada Bioinformatics Market by Product & Services
7.2.2 Canada Bioinformatics Market by Sector
7.2.3 Canada Bioinformatics Market by Application
7.3 Mexico Bioinformatics Market
7.3.1 Mexico Bioinformatics Market by Product & Services
7.3.2 Mexico Bioinformatics Market by Sector
7.3.3 Mexico Bioinformatics Market by Application
7.4 Rest of North America Bioinformatics Market
7.4.1 Rest of North America Bioinformatics Market by Product & Services
7.4.2 Rest of North America Bioinformatics Market by Sector
7.4.3 Rest of North America Bioinformatics Market by Application
Chapter 8. Company Profiles
8.1 Thermo Fisher Scientific, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 Eurofins Scientific SE
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisition and Mergers:
8.3 Qiagen N.V.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Acquisition and Mergers:
8.4 Agilent Technologies, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Illumina, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.5.5.3 Acquisition and Mergers:
8.6 PerkinElmer, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.7 Waters Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Neogenomics, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.9 BGI Group
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. Genedata AG
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Bioinformatics Market, 2018 - 2021, USD Million
TABLE 2 North America Bioinformatics Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Bioinformatics Market
TABLE 4 Product Launches And Product Expansions– Bioinformatics Market
TABLE 5 Acquisition and Mergers– Bioinformatics Market
TABLE 6 North America Bioinformatics Market by Product & Services, 2018 - 2021, USD Million
TABLE 7 North America Bioinformatics Market by Product & Services, 2022 - 2028, USD Million
TABLE 8 North America Knowledge Management Tools Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Knowledge Management Tools Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Bioinformatics Platforms Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Bioinformatics Platforms Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Bioinformatics Services Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Bioinformatics Services Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Bioinformatics Market by Sector, 2018 - 2021, USD Million
TABLE 15 North America Bioinformatics Market by Sector, 2022 - 2028, USD Million
TABLE 16 North America Medical Biotechnology Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Medical Biotechnology Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Plant Biotechnology Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Plant Biotechnology Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Environmental Biotechnology Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Environmental Biotechnology Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Animal Biotechnology Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Animal Biotechnology Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Forensic Biotechnology Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Forensic Biotechnology Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 28 North America Bioinformatics Market by Application, 2018 - 2021, USD Million
TABLE 29 North America Bioinformatics Market by Application, 2022 - 2028, USD Million
TABLE 30 North America Genomics Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Genomics Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Chemoinformatics & Drug Design Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Chemoinformatics & Drug Design Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Transcriptomics Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Transcriptomics Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Metabolomics Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Metabolomics Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Proteomics Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Proteomics Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Bioinformatics Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Bioinformatics Market by Country, 2022 - 2028, USD Million
TABLE 44 US Bioinformatics Market, 2018 - 2021, USD Million
TABLE 45 US Bioinformatics Market, 2022 - 2028, USD Million
TABLE 46 US Bioinformatics Market by Product & Services, 2018 - 2021, USD Million
TABLE 47 US Bioinformatics Market by Product & Services, 2022 - 2028, USD Million
TABLE 48 US Bioinformatics Market by Sector, 2018 - 2021, USD Million
TABLE 49 US Bioinformatics Market by Sector, 2022 - 2028, USD Million
TABLE 50 US Bioinformatics Market by Application, 2018 - 2021, USD Million
TABLE 51 US Bioinformatics Market by Application, 2022 - 2028, USD Million
TABLE 52 Canada Bioinformatics Market, 2018 - 2021, USD Million
TABLE 53 Canada Bioinformatics Market, 2022 - 2028, USD Million
TABLE 54 Canada Bioinformatics Market by Product & Services, 2018 - 2021, USD Million
TABLE 55 Canada Bioinformatics Market by Product & Services, 2022 - 2028, USD Million
TABLE 56 Canada Bioinformatics Market by Sector, 2018 - 2021, USD Million
TABLE 57 Canada Bioinformatics Market by Sector, 2022 - 2028, USD Million
TABLE 58 Canada Bioinformatics Market by Application, 2018 - 2021, USD Million
TABLE 59 Canada Bioinformatics Market by Application, 2022 - 2028, USD Million
TABLE 60 Mexico Bioinformatics Market, 2018 - 2021, USD Million
TABLE 61 Mexico Bioinformatics Market, 2022 - 2028, USD Million
TABLE 62 Mexico Bioinformatics Market by Product & Services, 2018 - 2021, USD Million
TABLE 63 Mexico Bioinformatics Market by Product & Services, 2022 - 2028, USD Million
TABLE 64 Mexico Bioinformatics Market by Sector, 2018 - 2021, USD Million
TABLE 65 Mexico Bioinformatics Market by Sector, 2022 - 2028, USD Million
TABLE 66 Mexico Bioinformatics Market by Application, 2018 - 2021, USD Million
TABLE 67 Mexico Bioinformatics Market by Application, 2022 - 2028, USD Million
TABLE 68 Rest of North America Bioinformatics Market, 2018 - 2021, USD Million
TABLE 69 Rest of North America Bioinformatics Market, 2022 - 2028, USD Million
TABLE 70 Rest of North America Bioinformatics Market by Product & Services, 2018 - 2021, USD Million
TABLE 71 Rest of North America Bioinformatics Market by Product & Services, 2022 - 2028, USD Million
TABLE 72 Rest of North America Bioinformatics Market by Sector, 2018 - 2021, USD Million
TABLE 73 Rest of North America Bioinformatics Market by Sector, 2022 - 2028, USD Million
TABLE 74 Rest of North America Bioinformatics Market by Application, 2018 - 2021, USD Million
TABLE 75 Rest of North America Bioinformatics Market by Application, 2022 - 2028, USD Million
TABLE 76 Key Information – Thermo Fisher Scientific, Inc.
TABLE 77 Key Information – Eurofins Scientific SE
TABLE 78 Key Information – Qiagen N.V.
TABLE 79 key Information – Agilent Technologies, Inc.
TABLE 80 key information – Illumina, Inc.
TABLE 81 key Information – PerkinElmer, Inc.
TABLE 82 Key Information – Waters Corporation
TABLE 83 Key Information – neogenomics, inc.
TABLE 84 Key Information – Bgi group
TABLE 85 Key Information – Genedata AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Jun – 2022, Oct) Leading Players
FIG 5 Recent strategies and developments: Qiagen N.V.
FIG 6 Recent strategies and developments: Agilent Technologies, Inc.
FIG 7 Recent strategies and developments: Illumina, Inc.