Study on BioinformaticsTechnologies and Global Markets

2013-04-22
Published : Apr-2013

The report’s main focus is on identifying the challenges and opportunities that exist in the bioinformatic market following the adoption of high- throughput technologies and the generation of big data. It aims to identify innovative companies and institutes that are extending the boundaries of science and technology to develop innovative solutions and enable knowledge to be extracted from burgeoning data so that it may be put to use for the greater good.
Reasons for Doing the Study

Since the Human Genome Project was completed in April 2003, genome-wide association studies (GWAS) have contributed toward a greater understanding of the genetic basis of complex diseases and advances in high-throughput technologies. This has enabled researchers to rapidly map the genome of vertebrates, invertebrates and pathogens through cost-effective methods.

More recently, improvements in cloud computing capabilities and advances in data-analysis software services have helped to expand the evaluation of available datasets, allowing researchers to build systems biology models of various diseases. Still, the challenge to translate this wealth of information into tangible clinical benefits, to support the development of new therapeutic interventions and to reduce the current prohibitively high cost of drug development remains.

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Scope of Report

The scope of the study encompasses the global bioinformatic market based on geography, category and application. It provides a detailed analysis of recent advances in ‘omic technologies and examines their impact on the bioinformatics market. It discusses the ways in which bioinformatics have been utilized by the pharma and biotech industries to streamline the research and development (R&D) process and improve efficiencies. It provides a detailed analysis of leading countries, companies and technologies that will drive the field forward.

Methodology and Information Sources

Both primary and secondary sources were used in preparing this study. This analysis of bioinformatics breaks down the market by geography, category and application, and also analyzes current and potential opportunities for bioinformatic business. It includes market sizes from 2011 and forecasts market revenues through 2017.

Primary research involved e-mail correspondence and telephone interviews for each market, category, segment and sub-segment across geographies. BCC Research extends its thanks those who took part in interviews for this report, especially the following, who gave so generously of their time:

  • Paul Clemons, PhD, Director of Computational Chemical Biology Research Broad Institute, U.S.
  • Rolf Apweiler, PhD, EMBL-EBI, Wellcome Trust Genome Campus, Hinxton, U.K.
  • John Atack, PhD, Translational Drug Discovery Group, School of Life Science, University of Sussex, U.K.
  • Tom Schwei, Vice President, CFO and General Manager DNASTAR Inc., U.S.
  • Simon M. Lin, MD, Editor-in-Chief at the Journal of Computer Science and System Biology, BIRC, U.S.

Secondary research was performed on internal and external sources to acquire qualitative and quantitative information for this report. These sources include:

  • Company websites, annual reports, financial reports and investor presentations.
  • Industry trade journals, scientific journals and other technical literature.
  • Relevant patent and regulatory databases.
  • National government documents, statistical databases and market reports.
  • News articles, press releases and webcasts specific to the companies.
Filed in: Biotechnology
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