The North American Bioinformatics Market, by increasing funding by government and private organization, was pegged at $1.36 billion in 2013 and expected to be $ 4.05 billion by 2018, growing at a CAGR of 20.1% from 2012 to 2018.
The report “The North American Bioinformatics Market forecast, 2012-2018” analyzes the Bioinformatics market into Bioinformatics knowledge management, Bioinformatics services, Bioinformatics platforms. Bioinformatics knowledge management tool accounted for the largest share of around 40% of the overall Bioinformatics market.
North America is the global leader in the Bioinformatics Market accounted for the largest share of around 45% of the market, due to increasing application of bioinformatics in both biotech and pharmaceutical research. Triggered by the advancements in bioinformatics and their increasing application in healthcare research, biotech and pharmaceutical companies are venturing into bioinformatics field for drug discovery process.
Major drivers of the market are decreasing cost of DNA sequencing, increasing funding by government and private organization, Rise in initiatives by research Institutes, growing IT support, etc.
The report also provides an extensive competitive landscaping of companies operating in Bioinformatics market include Accelrys Inc., Affymetrix Inc., Life Technologies Corporation, Illumina Inc. and CLC bio.
Segment and country specific Company shares, News & Deals, M&A, segment specific pipeline products, product approvals and product recalls of the major companies have been detailed.
With Market data, you can also customize MMM assessments that meet your Company’s specific needs. Customize to get comprehensive industry standard and deep dive analysis of the following parameters:
- Usage pattern (in-depth trend analysis) of products (Segment wise)
- Product Matrix which gives a detailed comparison of product portfolio of each company mapped at country and sub segment level
- End-user Adoption rate analysis of the products (Segment wise and Country wise)
- Comprehensive coverage of Product approvals, Pipeline products and Product recalls
Procedure Volume Data
- Number of laboratories, research institutes, universities where bioinformatics products are installed
Researchers Perception analysis
- Fast turn-around analysis of Researchers response to market events and trends
- Pattern analysis of usage of Bioinformatics applications by Researchers opinion about products from different companies
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connect tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (Detractor/Neutral/Familiar)
- The company share analysis of Bioinformatics market in the region
- The crucial developments and strategies of companies inculcating in their portfolio
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