Global Bioinformatics Software for Predictive Modeling and Expression Analysis Market 2017 : Industry Overview & Size

Major driving factors for the growth of this market include, increasing outsourcing of bioinformatics services, decreasing cost of gene sequencing, rising demand for gene expression and predictive modeling approaches and technological advancements in the field. Due to the increasing outsourcing of bioinformatics services, various new players are coming in this market along with their expertise and knowledge, which further help in the growth of this market. As the cost of gene sequencing is decreasing, this will encourage more players to enter the market of predictive modeling and gene expression analyses using bioinformatics software tools. Thus, it will help in the growth of the bioinformatics software market for predictive modeling and expression analysis. Also, the current rising demand for better and advanced gene expression analyses as well as predictive modeling from various industries, such as pharmaceutical industry will continue to contribute towards the growth of this market. Recent technological advancements have made various advanced bioinformatics software tools available for predictive modeling and expression analysis, which will help in the growth of this market in future.

Geographically, North America dominates the bioinformatics software for predictive modeling and expression analysis market followed by the European market. Major factors responsible for these regions’ dominance include, well-established infrastructure especially medical and technological along with the high demand for advanced technologies and software tools. These regions also dominate this market due to high awareness levels among healthcare professionals as well as software tool users. However, Asia-Pacific is the most lucrative market for various bioinformatics software for predictive modeling and expression analysis due to its rapid growth in the recent past. Some of the Asia-Pacific regions like China, Japan, India, Australia and South Korea have shown tremendous demand for advanced bioinformatics software tools to be utilized in drug discovery, gene expression and determination of phenotypic information. 

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Some of the key players operating in the bioinformatics software for predictive modeling and expression analysis market are Accelrys, Inc., Agilent Technologies Inc., Affymetrix, Inc., Biobase GmbH, Cartagenia N.V., CLC bio A/S, DNASTAR, Inc., GenoLogics Life Sciences Software Inc., PerkinElmer, Inc., Illumina, Inc., Genomatix Software GmbH, Genedata AG, Molecular Networks GmbH and SmartGene Services SARL.

This research report analyzes this market depending on its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include

    North America
    Asia Pacific
    Europe
    Rest of the World

This report provides comprehensive analysis of

    Market growth drivers
    Factors limiting market growth
    Current market trends
    Market structure
    Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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