Asia Pacific (APAC) Bioinformatics Market – Trends and Forecast to 2024

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Asia Pacific (APAC) Bioinformatics Market
Trends and Forecast to 2024
APAC Bioinformatics Market By Industry (Molecular
Medicine, Drug Development, Clinical Diagnostics,
Agriculture, Forensic, Animal, Academics
Research, Environmental, Gene Therapy), By
Product Type (Sequencing Platforms, Knowledge
Management Tools, Bioinformatics Software), By
Application (Preventive Medicine, Molecular
Medicine, Genomics, Drug Development,
Transcriptomics, Others), By Services (Data
Analysis, Sequencing, Database integration,
Others), By Country Trend and Forecast to 2024
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Report Description
The APAC bioinformatics market has accounted for
USD 1.78 billion in 2016 and is expected to reach
USD 4.13 billion by 2024, growing at a CAGR of
11.1 in the forecast period 2016 to 2024.The new
market report contains data for historic years
2014 2015, the base year of calculation is 2016
and the forecast period is 2017 to 2024. The
APAC bioinformatics market is expected to
experience a surging growth in the near future.
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Market Segmentation
The APAC bioinformatics market is segmented based
on industry, product type, application and
services. Based on applications the
APAC bioinformatics market is segmented into
preventive medicine, molecular medicine,
genomics, drug development, transcriptomics and,
other biotechnological applications.
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Market Segmentation
Genomics and drug development in proteomics is
expected to drive the bioinformatics market in
the forecasted period. Large investments in the
field of genomics and proteomics is surging the
growth of bioinformatics market and its usage in
this applications.
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Regional Analysis

• Based on geography the APAC healthcare IT
  integration market is segmented into 7 countries
• China,
• India,
• Japan,
• South Korea,
• Singapore,
• Australia
• Rest of APAC.
• Japan is expected to dominate the market, while
  China and Singapore are expected to be the
  growing with highest CAGR in the forecast period.

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Major Key Players

• Major players in the Asia Pacific (APAC)
  Bioinformatics Market are
• Illumina, Inc.
• NAnexus, Inc.
• Qiagen
• Thermo Fisher Scientific, Inc.
• Agilent Technologies

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