Asia-Pacific Bioinformatics Market Forecast to 2028

Report Code : BMIRE00027483 | Region : Asia Pacific | Industry : Healthcare IT | Published Date : 16/Nov/2022
Asia-Pacific Bioinformatics Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Knowledge Management Tools, Bioinformatics Platforms, and Bio Informative Services), Application (Genomics, Chemo Informatics and Drug Design, Proteomics, Transcriptomics, Metabolomics, and Others), and Sector (Medical Biotechnology, Academics, Animal Biotechnology, Agricultural Biotechnology, Environmental Biotechnology, Forensic Biotechnology, and Others)

The APAC bioinformatics market is expected to grow from US$ 2,887.82 million in 2022 to US$ 7,121.68 million by 2028; it is estimated to grow at a CAGR of 16.2% from 2022 to 2028.

Integration of Artificial Intelligence (AI) and Machine Learning in Bioinformatics To Drive Market Growth

Bioinformatics and AI play critical roles in changing and advancing the healthcare industry. In the context of bioinformatics, AI can be used to promote clinical research and analysis that can result in the design of new drugs and vaccines, the diagnosis of diseases, and even the prediction of pandemics. For example, AI can be used in conjunction with bioinformatics in wearable tech. Consumers are already familiar with many types of wearable techs, such as fitness trackers and watches, and make personal use of the data they collect. The wearable tech provides real-time data over a period and can help track trends and identify signs of potentially fatal health issues, such as heart disease, much quicker and more accurately than spot tests conducted in laboratories. Also, genome sequencing plays a pivotal role in medical diagnostics. Machine learning-empowered DNA sequencing techniques such as next-generation sequencing have made it possible for researchers to sequence human genomes within a day compared to the traditional sanger sequencing technology, which took over a decade to sequence a human genome. Thus, the integration of AI and machine learning in bioinformatics is expected to fuel the bioinformatics market over the forecast period.

Market Overview

The APAC bioinformatics market is segmented into China, India, Japan, South Korea, Australia, and Rest of APAC. China dominated the market in 2022. In China, the demand for genetic sequencing is fueled by the country’s growing middle class, aging population, and expanding healthcare system. Many companies are investing significant amounts into genetics research in the country. For instance, in January 2021, Illumina partnered with Sequoia Capital’s China-based subsidiary to launch a new incubator for genomics start-ups. Illumina will provide sequencing systems, reagents, and genomics expertise and will help outfit laboratory space, while the investment firm will help connect new companies and founders with entrepreneurs and financial advice, as well as provide approximately US$ 500,000 in upfront funding. Also, biotechnology is set to become a key driver of economic and social development in China, increasing the adoption of genomics. The local giant BGI Group is expanding its foothold in the gene-sequencing industry. The company has sold 35 million rapid COVID-19 testing kits to 180 countries and built 58 labs in 18 countries. The Chinese genomics industry is acquiring technologies crucial to advancement in the field to develop the infrastructure for genomics. For instance, in June 2020, Personalis, Inc., a leader in advanced genomics for cancer, partnered with Berry Genomics (China). Personalis is expanding its business operations in China with plans to form a fully-owned subsidiary in Shanghai. The expansion will include building a laboratory operation for local customers to use its ImmunoID NeXT PlatformTM, a commercial team to support local customers, and general and administrative functions. Also, owing to the growing advancements aided by government support, precision medicine research is proliferating in the region. For instance, in July 2018, GE Healthcare opened the GE Cell and Gene Therapy Asia Technology Center to train thousands of scientists in precision medicine-driven biopharma techniques. Further, 11 Chinese companies are using its biopharma production process, FlexFactory. Various strategic initiatives such as acquisitions, partnerships, and collaborations bolstered the growth of the country's market. For instance, in November 2020, Congenica, one of the UK's fastest-growing genomics companies, sold its stake to Tencent, a Chinese company, as part of the funding. Thus, owing to these advancements, the bioinformatics market is expected to grow at a rapid pace over the forecast period.

APAC Bioinformatics Market Revenue and Forecast to 2028 (US$ Million)

APAC Bioinformatics Market Segmentation

The APAC bioinformatics market is segmented based on product, application, sector, and country.

Based on product, the APAC bioinformatics market is segmented into knowledge management tools, bioinformatics platforms, and bio informative services. The bioinformatics platforms segment held the largest market share in 2022. Based on application, the APAC bioinformatics market is segmented into genomics, chemo informatics and drug design, proteomics, transcriptomics, metabolomics, and others. The genomics segment held the largest market share in 2022. Based on sector, the APAC bioinformatics market is segmented into medical biotechnology, academics, animal biotechnology, agricultural biotechnology, environmental biotechnology, forensic biotechnology, and others. The medical biotechnology segment held the largest market share in 2022. Based on country, the APAC bioinformatics market has been categorized into China, India, Japan, South Korea, Australia, and Rest of APAC. Further, China dominated the market in 2022. Agilent Technologies, Inc.; Bruker Corporation; Dassault Systèmes; Eurofins Scientific; Illumina, Inc.; PerkinElmer Inc.; QIAGEN; and Thermo Fisher Scientific Inc. are the leading companies operating in the APAC bioinformatics market.

The List of Companies - Asia-Pacific Bioinformatics Market

● Agilent Technologies, Inc.

● Bruker Corporation

● Dassault Systèmes

● Eurofins Scientific

● Illumina, Inc.    

● PerkinElmer Inc.

● QIAGEN  

● Thermo Fisher Scientific Inc.

TABLE OF CONTENTS

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

1.2.1 APAC Bioinformatics Market – By Product

1.2.2 APAC Bioinformatics Market – By Application

1.2.3 APAC Bioinformatics Market – By Sector

1.2.4 APAC Bioinformatics Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Bioinformatics Market – Market Landscape

4.1 Overview

4.2 APAC PEST Analysis

4.3 Expert Opinion

5. APAC Bioinformatics Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Funding and Investments in Bioinformatics

5.1.2 Increased Number of Genomic Research Activities with Corresponding Adoption of Bioinformatics

5.2 Market Restraint

5.2.1 Lack of Interoperability and Multiplatform Capabilities

5.3 Market Opportunities

5.3.1 Rising Demand for Personalized Medicine

5.4 Future Trends

5.4.1 Integration of Artificial Intelligence (AI) and Machine Learning in Bioinformatics

5.5 Impact Analysis

6. Bioinformatics Market – APAC Analysis

6.1 APAC Bioinformatics Market Revenue Forecast & Analysis

7. APAC Bioinformatics Market Analysis – By Product

7.1 Overview

7.2 APAC Bioinformatics Market Revenue Share by Product (2022 and 2028)

7.3 Bioinformatics Platforms

7.3.1 Overview

7.3.2 Bioinformatics Platforms: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

7.4 Knowledge Management Tools

7.4.1 Overview

7.4.2 Knowledge Management Tools: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

7.5 Bioinformative Services

7.5.1 Overview

7.5.2 Bioinformative Services: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

8. APAC Bioinformatics Market Analysis – By Application

8.1 Overview

8.2 APAC Bioinformatics Market Revenue Share, by Application (2022 and 2028)

8.3 Genomics

8.3.1 Overview

8.3.2 Genomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

8.4 Proteomics

8.4.1 Overview

8.4.2 Proteomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

8.5 ChemoInformatics and Drug Design

8.5.1 Overview

8.5.2 ChemoInformatics and Drug Design: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

8.6 Transcriptomics

8.6.1 Overview

8.6.2 Transcriptomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

8.7 Metabolomics

8.7.1 Overview

8.7.2 Metabolomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

8.8 Others

8.8.1 Overview

8.8.2 Others: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

9. APAC Bioinformatics Market Analysis – By Sector

9.1 Overview

9.2 APAC Bioinformatics Market Share, by Sector, 2022 and 2028, (%)

9.3 Medical Biotechnology

9.3.1 Overview

9.3.2 Medical Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)

9.4 Animal Biotechnology

9.4.1 Overview

9.4.2 Animal Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)

9.5 Agricultural Biotechnology

9.5.1 Overview

9.5.2 Agricultural Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)

9.6 Academics

9.6.1 Overview

9.6.2 Academics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)

9.7 Environmental Biotechnology

9.7.1 Overview

9.7.2 Environmental Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)

9.8 Forensic Biotechnology

9.8.1 Overview

9.8.2 Forensic Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)

9.9 Others

9.9.1 Overview

9.9.2 Others: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)

10. APAC Bioinformatics Market – Country Analysis

10.1 Overview

10.1.1 APAC: Bioinformatics Market, by Country, 2022 & 2028 (%)

10.1.1.1 Japan: Bioinformatics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.1.1 Overview

10.1.1.1.2 Japan: Bioinformatics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.1.3 Japan: Bioinformatics Market Revenue and Forecasts to 2028, By Product (US$ Million)

10.1.1.1.4 Japan: Bioinformatics Market Revenue and Forecasts to 2028, By Application (US$ Million)

10.1.1.1.5 Japan: Bioinformatics Market Revenue and Forecasts to 2028, By Sector (US$ Million)

10.1.1.2 China: Bioinformatics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.2.1 Overview

10.1.1.2.2 China: Bioinformatics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.2.3 China: Bioinformatics Market Revenue and Forecasts to 2028, By Product (US$ Million)

10.1.1.2.4 China: Bioinformatics Market Revenue and Forecasts to 2028, By Application (US$ Million)

10.1.1.2.5 China: Bioinformatics Market Revenue and Forecasts to 2028, By Sector (US$ Million)

10.1.1.3 India Bioinformatics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.3.1 Overview

10.1.1.3.2 India: Bioinformatics Market Revenue and Forecasts to 2028 (US$ Million)

10.1.1.3.3 India: Bioinformatics Market Revenue and Forecasts to 2028, By Product (US$ Million)

10.1.1.3.4 India: Bioinformatics Market Revenue and Forecasts to 2028, By Application (US$ Million)

10.1.1.3.5 India: Bioinformatics Market Revenue and Forecasts to 2028, By Sector (US$ Million)

10.1.1.4 South Korea: Bioinformatics Market – Revenue and Forecast to 2028 (US$ MILLION)

10.1.1.4.1 Overview

10.1.1.4.2 South Korea: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.3 South Korea: Bioinformatics Market, by Product- 2019–2028 (USD Million)

10.1.1.4.4 South Korea: Bioinformatics Market, by Application- 2019–2028 (USD Million)

10.1.1.4.5 South Korea: Bioinformatics Market, by Sector, 2019–2028 (USD Million)

10.1.1.5 Australia: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Overview

10.1.1.5.2 Australia: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.3 Australia: Bioinformatics Market, by Product- 2019–2028 (USD Million)

10.1.1.5.4 Australia: Bioinformatics Market, by Application- 2019–2028 (USD Million)

10.1.1.5.5 Australia: Bioinformatics Market, by Sector, 2019–2028 (USD Million)

10.1.1.6 Rest of APAC: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Overview

10.1.1.6.2 Rest of APAC: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.3 Rest of APAC: Bioinformatics Market, by Product- 2019–2028 (USD Million)

10.1.1.6.4 Rest of APAC: Bioinformatics Market, by Application- 2019–2028 (USD Million)

10.1.1.6.5 Rest of APAC: Bioinformatics Market, by Sector, 2019–2028 (USD Million)

11. Industry Landscape

11.1 Overview

11.2 Organic Developments

11.2.1 Overview

11.3 Inorganic Developments

11.3.1 Overview

12. COMPANY PROFILES

12.1 Dassault Systèmes

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Bruker Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Agilent Technologies, Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Eurofins Scientific

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Illumina, Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 PerkinElmer Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 QIAGEN

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Thermo Fisher Scientific Inc.

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES.

Table 1. APAC Bioinformatics Market – Revenue and Forecast to 2028 (US$ Mn)

Table 2. Japan: Bioinformatics Market Revenue and Forecasts to 2028, By Product (US$ Million)

Table 3. Japan: Bioinformatics Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 4. Japan: Bioinformatics Market Revenue and Forecasts to 2028, By Sector (US$ Million)

Table 5. China: Bioinformatics Market Revenue and Forecasts to 2028, By Product (US$ Million)

Table 6. China: Bioinformatics Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 7. China: Bioinformatics Market Revenue and Forecasts to 2028, By Sector (US$ Million)

Table 8. India: Bioinformatics Market Revenue and Forecasts to 2028, By Product (US$ Million)

Table 9. India: Bioinformatics Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 10. India: Bioinformatics Market Revenue and Forecasts to 2028, By Sector (US$ Million)

Table 11. South Korea Bioinformatics Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 12. South Korea Bioinformatics Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 13. South Korea Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (USD Million)

Table 14. Australia Bioinformatics Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 15. Australia Bioinformatics Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 16. Australia Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (USD Million)

Table 17. Rest of APAC Bioinformatics Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 18. Rest of APAC Bioinformatics Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 19. Rest of APAC Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (USD Million)

Table 20. Organic Developments Done by Companies

Table 21. Inorganic Developments Done by Companies

Table 22. Glossary of Terms

The List of Companies - Asia-Pacific Bioinformatics Market

● Agilent Technologies, Inc.

● Bruker Corporation

● Dassault Systèmes

● Eurofins Scientific

● Illumina, Inc.    

● PerkinElmer Inc.

● QIAGEN  

● Thermo Fisher Scientific Inc.

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC bioinformatics market.

● Highlights key business priorities to assist companies to realign their business s strategies

● The key findings and recommendations highlight crucial progressive industry trends in the APAC bioinformatics market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the bioinformatics market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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