Europe 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 Europe bioinformatics market is expected to grow from US$ 3,626.93 million in 2022 to US$ 8,615.56 million by 2028; it is estimated to grow at a CAGR of 15.5% from 2022 to 2028.
Increasing Funding and Investments in Bioinformatics Drives Market Growth
Many private organizations and government bodies of various countries in the region are progressively investing in the field of bioinformatics. These investments have largely resulted in data and technological advancements in bioinformatics services, which have developed the quality of bioinformatics services. For instance, in 2016, the European Molecular Biology Laboratory (EMBL), an intergovernmental organization and pioneer in bioinformatics research, received funds from various organizations such as the British Heart Foundation, Biotechnology and Biological Sciences Research Council, European Molecular Biology Organization, Cancer Research UK, the European Research Council, the European Commission, the Foundation of the National Institutes of Health, Bill & Melinda Gates Foundation, the Human Frontier Science Program, International Policy Governance Organization, the Medical Research Council, the National Institutes of Health, National Science Foundation, Parkinson's UK, Research Councils UK, and Wellcome, for R&D in the field of bioinformatics. Also, in 2021, LifeArc (London) announced US$ 6.91 million in funding to support the Gen OMICC COVID-19 study, which will also support the bioinformatics analysis of patients, costs of patient enrolment, sample acquisition, and sample processing. Many countries are investing in their national population sequencing programs to identify the link between genetics and diseases. Government organizations are sequencing the genomes of millions of citizens to advance research and help develop better techniques to diagnose and treat cancer, rare diseases, and other conditions. Thus, the funding and investment in bioinformatics are boosting the market growth across the region.
Market Overview
The European bioinformatics market is segmented into the UK, Germany, France, Italy, Spain, and Rest of Europe. Germany dominated the market in 2022. The growing importance of bioinformatics in drug development and rising initiatives by key players are aiding the market growth in Germany. For instance, in January 2022, Protagen Protein Services GmbH, BioAnalytix, Inc., and GeneWerk GmbH launched a CRO named ProtaGene. It provides protein and gene analytic services for biological therapeutics and cell & gene therapy platforms, from discovery to commercialization. Protagen Protein Services, a global analytic CRO and specialist in protein science; BioAnalytix, US-based advanced analytics and data analysis firm; and GeneWerk, a company having unique capabilities in vector safety, integration site analysis, and bioinformatics, are a few companies operating in the market. In September 2019, Brooks Life Sciences Company’s GENEWIZ, a global bioinformatics services provider, opened its European headquarters for its genomics business in Leipzig, Germany. This centralized location helped accelerate the innovation and development of genomics research and applications in pharmaceutical, biotechnology, agriculture, environmental, clean energy, academic, and other industries in Europe. In February 2022, Nostos Genomics, a German startup, received a US$ 5.28 million investment for using Artificial Intelligence (AI) to diagnose rare genetic diseases. With the funding, Nostos can grow its development team, start a research series, and promote its genetic disease diagnosis technology to new markets in Europe. Thus, Germany continues to dominate the Europe bioinformatics market owing to rapid advancements in bioinformatics technologies and increased funding for genomic research using bioinformatics tools.
Europe Bioinformatics Market Revenue and Forecast to 2028 (US$ Million)
The Europe bioinformatics market is segmented on the basis of product, application, sector, and country.
Based on product, the Europe 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 Europe 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 Europe 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 Europe bioinformatics market has been categorized into the UK, Germany, France, Italy, Spain, and Rest of Europe. Further, Germany dominated the market in 2022. Agilent Technologies, Inc.; Biomax Informatics AG; Bruker Corporation; Dassault Systèmes; Eurofins Scientific; Genebio; Illumina, Inc.; PerkinElmer Inc.; QIAGEN; and Thermo Fisher Scientific Inc. are the leading companies operating in the Europe bioinformatics market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Europe Bioinformatics Market – By Product
1.2.2 Europe Bioinformatics Market – By Application
1.2.3 Europe Bioinformatics Market – By Sector
1.2.4 Europe Bioinformatics Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Bioinformatics Market – Market Landscape
4.1 Overview
4.2 Europe PEST Analysis
4.3 Expert Opinion
5. Europe 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 – Europe Analysis
6.1 Europe Bioinformatics Market Revenue Forecast & Analysis
7. Europe Bioinformatics Market Analysis – By Product
7.1 Overview
7.2 Europe 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. Europe Bioinformatics Market Analysis – By Application
8.1 Overview
8.2 Europe 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. Europe Bioinformatics Market Analysis – By Sector
9.1 Overview
9.2 Europe 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. Europe Bioinformatics Market – Country Analysis
10.1 Overview
10.1.2 Europe: Bioinformatics Market, by Country, 2022 & 2028 (%)
10.1.2.1 UK: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.1 UK: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.2 UK: Bioinformatics Market, by Product, 2019–2028 (USD Million)
10.1.2.1.3 UK: Bioinformatics Market, by Application, 2019–2028 (USD Million)
10.1.2.1.4 UK: Bioinformatics Market, by Sector, 2019–2028 (USD Million)
10.1.2.2 Germany: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.1 Germany: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.2 Germany: Bioinformatics Market, by Product, 2019–2028 (USD Million)
10.1.2.2.3 Germany: Bioinformatics Market, by Application, 2019–2028 (USD Million)
10.1.2.2.4 Germany: Bioinformatics Market, by Sector, 2019–2028 (USD Million)
10.1.2.3 France: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.1 France: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.2 France: Bioinformatics Market, by Product, 2019–2028 (USD Million)
10.1.2.3.3 France: Bioinformatics Market, by Application, 2019–2028 (USD Million)
10.1.2.3.4 France: Bioinformatics Market, by Sector, 2019–2028 (USD Million)
10.1.2.4 Italy: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.1 Italy: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.2 Italy: Bioinformatics Market, by Product, 2019–2028 (USD Million)
10.1.2.4.3 Italy: Bioinformatics Market, by Application, 2019–2028 (USD Million)
10.1.2.4.4 Italy: Bioinformatics Market, by Sector, 2019–2028 (USD Million)
10.1.2.5 Spain: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.1 Overview
10.1.2.5.2 Spain: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.5.3 Spain: Bioinformatics Market, by Product- 2019–2028 (USD Million)
10.1.2.5.4 Spain: Bioinformatics Market, by Application- 2019–2028 (USD Million)
10.1.2.5.5 Spain: Bioinformatics Market, by Sector, 2019–2028 (USD Million)
10.1.2.6 Rest of Europe: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of Europe: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.6.3 Rest of Europe: Bioinformatics Market, by Product- 2019–2028 (USD Million)
10.1.2.6.4 Rest of Europe: Bioinformatics Market, by Application- 2019–2028 (USD Million)
10.1.2.6.5 Rest of Europe: 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
12.9 Biomax Informatics AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Genebio
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Bioinformatics Market – Revenue and Forecast to 2028 (US$ Mn)
Table 2. UK: Bioinformatics Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 3. UK: Bioinformatics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. UK: Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Bioinformatics Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Bioinformatics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Bioinformatics Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Bioinformatics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Bioinformatics Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Bioinformatics Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (US$ Million)
Table 14. Spain Bioinformatics Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 15. Spain Bioinformatics Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 16. Spain Bioinformatics Market, by Sector – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Europe Bioinformatics Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Europe Bioinformatics Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Europe 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
LIST OF FIGURES
Figure 1. Europe Bioinformatics Market Segmentation
Figure 2. Europe Bioinformatics Segmentation, by Country
Figure 3. Europe Bioinformatics Market Overview
Figure 4. Europe Bioinformatics Market, By Product
Figure 5. Europe Bioinformatics Market, By Country
Figure 6. Europe PEST Analysis
Figure 7. Europe Bioinformatics Market Impact Analysis of Drivers and Restraints
Figure 8. Europe Bioinformatics Market – Revenue Forecast and Analysis
Figure 9. Europe Bioinformatics Market Revenue Share by Product (2022 and 2028)
Figure 10. Europe Bioinformatics Platforms: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 11. Europe Knowledge Management Tools: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 12. Europe Bioinformative Services: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 13. Europe Bioinformatics Market Revenue Share, by Application (2022 and 2028)
Figure 14. Europe Genomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 15. Europe Proteomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 16. Europe ChemoInformatics and Drug Design: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 17. Europe Transcriptomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 18. Europe Metabolomics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 19. Europe Others: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 20. Europe Bioinformatics Market Share, by Sector, 2022 and 2028 (%)
Figure 21. Europe Medical Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Animal Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Agricultural Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Academics: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 25. Europe Environmental Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Forensic Biotechnology: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Others: Bioinformatics Market, Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe: Bioinformatics Market, by Key Country – Revenue (2022) (USD Million)
Figure 29. Europe: Bioinformatics Market, by Country, 2022 & 2028 (%)
Figure 30. UK: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. Germany: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. France: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 33. Italy: Bioinformatics Market – Revenue and Forecast to 2028 (USD Million)
Figure 34. Spain: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Rest of Europe: Bioinformatics Market – Revenue and Forecast to 2028 (US$ Million)
- Agilent Technologies, Inc.
- Biomax Informatics AG
- Bruker Corporation
- Dassault Systèmes
- Eurofins Scientific
- Genebio
- Illumina, Inc.
- PerkinElmer Inc.
- QIAGEN
- Thermo Fisher Scientific Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe bioinformatics market.
- Highlights key business priorities to assist companies to realign their busines s strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe 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 Europe 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