Global Biological Data Visualization Market: Overview
Biology data visualization is the subdivision of bioinformatics. It includes the visualization of genomics, sequences, phylogenies, alignments, macromolecular structure, and many more. There are several tools used for biological data visualization ranging from simple to complex.
Global Biological Data Visualization Market: Growth Factors
The global biological data visualization market is expected to grow with a high CAGR over the forecast period. Many advancements like image processing integration with artificial intelligence, latest libraries for visual analytics, and advanced programming language have fueled the market growth. The growing attempts to resolve the major bottlenecks like improvement in relationship analysis between biological molecules and networks in system biology are anticipating the market to grow significantly over the forecast years. The expansion in artificial intelligence in big data analysis increases the adoption rate of the visualization tools in system biology. When compared to traditional techniques, machine-based learning approaches are more robust, consistent, and accurate. Along with a surge in storage and computing capabilities, there is a gradual shift of biological data from the sequential level to the molecular level. The recent integration of data mining with medical and biological discovery processes has shown incredible growth in the global biological data visualization market. This led to the generation of large proteomic and genomic datasets and thus boosted the market growth. The development in big data fields incorporated with large size and complex data increased the adoption of visualization tools across the world.
There is a growing demand for analytical tools to facilitate quick and better decisions. Further, the tools also assist in the extraction of data from larger unorganized chunks in a short time. These factors are also accelerating the adoption of visualizing tools and thus anticipated to boost the global biological data visualization market.
Global Biological Data Visualization Market: Segmentation
The global biological data visualization market can be segmented into technique, application, platform, end-use, and region.
By technique, the market can be segmented into magnetic resonance imaging, microscopy, x-ray crystallography, sequencing, and others.
The sequencing segment holds the largest market share and is expected to witness significant growth in CAGR over the forecast period. The growth can be attributed to the wide application of next-generation sequencing in the analysis of epigenetics & genomics, system biology, and evolutionary datasets.
The reduction in sequencing cost has rendered RNA sequencing to emerge among the attractive approaches to transcriptome profiling.
The magnetic resonance imaging segment is expected to witness a fast growth rate in the coming years.
By application, the market can be segmented into molecular modeling & structural biology, organism & cell imaging, genomic analysis, phylogeny, alignments, evaluation, and system biology.
The organism & cell imaging holds the largest market share. The growth can be attributed to the development of data mining and big data analytics to provide real-time information to radiology professionals. The genomic segment is expected to witness a significant growth rate over the forecast period.
By platform, the market can be segmented into Mac OS, Linux, Windows, and others.
Windows holds the largest market share and is forecasted to see a huge growth rate in coming years.
By end-use, the market can be segmented into academic research, pharmaceutical & biological centers, hospitals & clinics, and others. The academic research segment is dominating the market.
Global Biological Data Visualization Market: Regional analysis
North America holds the largest share in the global biological data visualization market. The growth can be attributed to the surge of capital intensive biotechnology centers in recent years. The increase in research and development activities boosts the market growth rate in the region.
Asia Pacific is witnessing a high growth rate due to the increased focus of government agencies to encourage the use of big data and data sciences in the region. The regional market is driven by various strategic initiatives taken by local players to boost market growth.
Global Biological Data Visualization Market: Competitive Players
Some of the prominent players in the global biological data visualization market are Arivis Media Cybernetics, Inc., AG, Agilent Technologies, Inc., LLC, Thermo Fisher Scientific Inc., Becton-Dickinson and Company, Olympus Corporation, GE Healthcare, Scientific Volume Imaging B.V., Molecular Devices, QIAGEN, Carl Zeiss AG, Oxford Instruments, Clarivate Analytics, and Danaher.
Global Biological Data Visualization Market: Regional Segment Analysis
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