Gene Prediction Tools Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for gene prediction tools. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Gene Prediction Tools Market Size (2024E):US$146.7 Mn
Projected Market Value (2031F): US$458.0 Mn
Global Market Growth Rate (CAGR 2024 to 2031):17.7%

Gene Prediction Tools Market - Report Scope:

Gene prediction tools are crucial for identifying genes and their potential functions within genomic sequences. These tools support various applications in research and clinical settings, including disease gene identification, functional annotation, and personalized medicine. The market caters to academic institutions, biotechnology companies, pharmaceutical firms, and healthcare providers, offering a range of tools such as computational algorithms, software platforms, and integrated systems. Market growth is driven by advancements in genomic technologies, increasing adoption of precision medicine, and rising research and development activities in genomics and bioinformatics.

Market Growth Drivers:

The global gene prediction tools market is propelled by several key factors, including the growing need for accurate and efficient gene identification methods in genomics research. The rise in genetic disorders and the push towards personalized medicine significantly contribute to market expansion. Technological advancements, such as the development of machine learning algorithms and high-throughput sequencing technologies, enhance the precision and capabilities of gene prediction tools. Additionally, increased funding for genomic research and the growing number of research collaborations further drive market growth.

Market Restraints:

Despite promising growth prospects, the gene prediction tools market faces challenges related to high costs of advanced genomic technologies and the complexity of integrating various tools and data sources. The lack of standardized protocols and inconsistent data quality across different platforms can also hinder market adoption. Furthermore, the need for specialized expertise and the high cost of maintaining and updating computational infrastructure pose barriers to widespread use. Addressing these challenges requires ongoing innovation, standardization efforts, and cost-effective solutions to enhance market accessibility.

Market Opportunities:

The gene prediction tools market presents significant growth opportunities driven by technological innovations and expanding applications in various sectors. The integration of artificial intelligence and machine learning into gene prediction tools offers enhanced accuracy and predictive capabilities. Additionally, the growing emphasis on precision medicine and targeted therapies creates new opportunities for market players. Strategic partnerships, investment in research and development, and the introduction of user-friendly, scalable solutions are essential to capitalize on emerging opportunities and sustain market leadership.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the gene prediction tools market globally?
Which types of gene prediction tools and applications are driving market adoption across different sectors?
How are technological advancements reshaping the competitive landscape of the gene prediction tools market?
Who are the key players contributing to the gene prediction tools market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global gene prediction tools market?

Competitive Intelligence and Business Strategy:

Leading players in the global gene prediction tools market, including Illumina, Inc., Thermo Fisher Scientific, Inc., and Bio-Rad Laboratories, Inc., focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced gene prediction algorithms, software platforms, and integrated solutions, catering to diverse research and clinical needs. Collaborations with research institutions, biotechnology firms, and healthcare providers facilitate market access and promote technology adoption. Moreover, emphasis on data integration, standardization, and user education fosters market growth and enhances research outcomes in the rapidly evolving gene prediction landscape.

Key Companies Profiled:

Illumina, Inc.
Thermo Fisher Scientific, Inc.
Bio-Rad Laboratories, Inc.
Agilent Technologies, Inc.
QIAGEN N.V.
BGI Genomics Co., Ltd.
NGS Technologies, Inc.
Genomatix GmbH
Pacific Biosciences of California, Inc.
GENEWIZ, Inc.

Gene Prediction Tools Market Segmentation

By Component

Software
Service

By Application

Diagnostics
Drug Discovery & Designing
Medical Research

By End User

Hospitals & Clinics
Academic Institutes & Research Centers
Biotechnology Companies

By Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
The Middle East & Africa

Product Code: PMRREP34771

1. Executive Summary

1.1. Global Gene Prediction Tools Market Snapshot, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Macro-Economic Factors
- 2.3.1. Global Sectorial Outlook
- 2.3.2. Global GDP Growth Outlook
2.4. COVID-19 Impact Analysis
2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

3.1. Product Adoption Analysis
3.2. Regulatory Landscape
3.3. Value Chain Analysis
3.4. Key Deals and Mergers
3.5. PESTLE Analysis
3.6. Porter's Five Force Analysis

4. Global Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

4.1. Key Highlights
- 4.1.1. Market Size (US$ Mn) and Y-o-Y Growth
- 4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
- 4.2.1. Historical Market Size (US$ Mn) Analysis, 2019-2024
- 4.2.2. Current Market Size (US$ Mn) Analysis and Forecast, 2024-2031
4.3. Global Gene Prediction Tools Market Outlook: Component
- 4.3.1. Introduction / Key Findings
- 4.3.2. Historical Market Size (US$ Mn) Analysis, By Component, 2019-2023
- 4.3.3. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
  - 4.3.3.1. Software
  - 4.3.3.2. Services
4.4. Market Attractiveness Analysis: Component
4.5. Global Gene Prediction Tools Market Outlook: Application
- 4.5.1. Introduction / Key Findings
- 4.5.2. Historical Market Size (US$ Mn) Analysis, By Application, 2019-2023
- 4.5.3. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
  - 4.5.3.1. Diagnostics
  - 4.5.3.2. Drug Discovery & Designing
  - 4.5.3.3. Medical Research
  - 4.5.3.4. Others
4.6. Market Attractiveness Analysis: Application
4.7. Global Gene Prediction Tools Market Outlook: End User
- 4.7.1. Introduction / Key Findings
- 4.7.2. Historical Market Size (US$ Mn) Analysis, By End User, 2019-2023
- 4.7.3. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
  - 4.7.3.1. Hospitals & Clinics
  - 4.7.3.2. Academic Institutes & Research Centers
  - 4.7.3.3. Biotechnology Companies
  - 4.7.3.4. Others
4.8. Market Attractiveness Analysis: End User

5. Global Gene Prediction Tools Market Outlook: Region

5.1. Key Highlights
5.2. Historical Market Size (US$ Mn) Analysis, By Region, 2019-2023
5.3. Current Market Size (US$ Mn) Analysis and Forecast, By Region, 2024-2031
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. East Asia
- 5.3.4. South Asia and Oceania
- 5.3.5. Latin America
- 5.3.6. Middle East & Africa
5.4. Market Attractiveness Analysis: Region

6. North America Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Historical Market Size (US$ Mn) Analysis, By Market, 2019-2023
- 6.2.1. By Country
- 6.2.2. By Component
- 6.2.3. By Application
- 6.2.4. By End User
6.3. Current Market Size (US$ Mn) Analysis and Forecast, By Country, 2024-2031
- 6.3.1. U.S.
- 6.3.2. Canada
6.4. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
- 6.4.1. Software
- 6.4.2. Services
6.5. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
- 6.5.1. Diagnostics
- 6.5.2. Drug Discovery & Designing
- 6.5.3. Medical Research
- 6.5.4. Others
6.6. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
- 6.6.1. Hospitals & Clinics
- 6.6.2. Academic Institutes & Research Centers
- 6.6.3. Biotechnology Companies
- 6.6.4. Others
6.7. Market Attractiveness Analysis

7. Europe Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Historical Market Size (US$ Mn) Analysis, By Market, 2019-2023
- 7.2.1. By Country
- 7.2.2. By Component
- 7.2.3. By Application
- 7.2.4. By End User
7.3. Current Market Size (US$ Mn) Analysis and Forecast, By Country, 2024-2031
- 7.3.1. Germany
- 7.3.2. France
- 7.3.3. U.K.
- 7.3.4. Italy
- 7.3.5. Spain
- 7.3.6. Russia
- 7.3.7. Turkey
- 7.3.8. Rest of Europe
7.4. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
- 7.4.1. Software
- 7.4.2. Services
7.5. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
- 7.5.1. Diagnostics
- 7.5.2. Drug Discovery & Designing
- 7.5.3. Medical Research
- 7.5.4. Others
7.6. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
- 7.6.1. Hospitals & Clinics
- 7.6.2. Academic Institutes & Research Centers
- 7.6.3. Biotechnology Companies
- 7.6.4. Others
7.7. Market Attractiveness Analysis

8. East Asia Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Historical Market Size (US$ Mn) Analysis, By Market, 2019-2023
- 8.2.1. By Country
- 8.2.2. By Component
- 8.2.3. By Application
- 8.2.4. By End User
8.3. Current Market Size (US$ Mn) Analysis and Forecast, By Country, 2024-2031
- 8.3.1. China
- 8.3.2. Japan
- 8.3.3. South Korea
8.4. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
- 8.4.1. Software
- 8.4.2. Services
8.5. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
- 8.5.1. Diagnostics
- 8.5.2. Drug Discovery & Designing
- 8.5.3. Medical Research
- 8.5.4. Others
8.6. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
- 8.6.1. Hospitals & Clinics
- 8.6.2. Academic Institutes & Research Centers
- 8.6.3. Biotechnology Companies
- 8.6.4. Others
8.7. Market Attractiveness Analysis

9. South Asia & Oceania Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Historical Market Size (US$ Mn) Analysis, By Market, 2019-2023
- 9.2.1. By Country
- 9.2.2. By Component
- 9.2.3. By Application
- 9.2.4. By End User
9.3. Current Market Size (US$ Mn) Analysis and Forecast, By Country, 2024-2031
- 9.3.1. India
- 9.3.2. Southeast Asia
- 9.3.3. ANZ
- 9.3.4. Rest of South Asia & Oceania
9.4. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
- 9.4.1. Software
- 9.4.2. Services
9.5. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
- 9.5.1. Diagnostics
- 9.5.2. Drug Discovery & Designing
- 9.5.3. Medical Research
- 9.5.4. Others
9.6. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
- 9.6.1. Hospitals & Clinics
- 9.6.2. Academic Institutes & Research Centers
- 9.6.3. Biotechnology Companies
- 9.6.4. Others
9.7. Market Attractiveness Analysis

10. Latin America Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Historical Market Size (US$ Mn) Analysis, By Market, 2019-2023
- 10.2.1. By Country
- 10.2.2. By Component
- 10.2.3. By Application
- 10.2.4. By End User
10.3. Current Market Size (US$ Mn) Analysis and Forecast, By Country, 2024-2031
- 10.3.1. Brazil
- 10.3.2. Mexico
- 10.3.3. Rest of Latin America
10.4. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
- 10.4.1. Software
- 10.4.2. Services
10.5. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
- 10.5.1. Diagnostics
- 10.5.2. Drug Discovery & Designing
- 10.5.3. Medical Research
- 10.5.4. Others
10.6. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
- 10.6.1. Hospitals & Clinics
- 10.6.2. Academic Institutes & Research Centers
- 10.6.3. Biotechnology Companies
- 10.6.4. Others
10.7. Market Attractiveness Analysis

11. Middle East & Africa Gene Prediction Tools Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

11.1. Key Highlights
11.2. Historical Market Size (US$ Mn) Analysis, By Market, 2019-2023
- 11.2.1. By Country
- 11.2.2. By Component
- 11.2.3. By Application
- 11.2.4. By End User
11.3. Current Market Size (US$ Mn) Analysis and Forecast, By Country, 2024-2031
- 11.3.1. GCC Countries
- 11.3.2. Egypt
- 11.3.3. South Africa
- 11.3.4. Northern Africa
- 11.3.5. Rest of Middle East & Africa
11.4. Current Market Size (US$ Mn) Analysis and Forecast, By Component, 2024-2031
- 11.4.1. Software
- 11.4.2. Services
11.5. Current Market Size (US$ Mn) Analysis and Forecast, By Application, 2024-2031
- 11.5.1. Diagnostics
- 11.5.2. Drug Discovery & Designing
- 11.5.3. Medical Research
- 11.5.4. Others
11.6. Current Market Size (US$ Mn) Analysis and Forecast, By End User, 2024-2031
- 11.6.1. Hospitals & Clinics
- 11.6.2. Academic Institutes & Research Centers
- 11.6.3. Biotechnology Companies
- 11.6.4. Others
11.7. Market Attractiveness Analysis

12. Competition Landscape

12.1. Market Share Analysis, 2023
12.2. Market Structure
- 12.2.1. Competition Intensity Mapping By Market
- 12.2.2. Competition Dashboard
12.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 12.3.1. AzoLifeScience
  - 12.3.1.1. Overview
  - 12.3.1.2. Segments and Product
  - 12.3.1.3. Key Financials
  - 12.3.1.4. Market Developments
  - 12.3.1.5. Market Strategy
- 12.3.2. Softberry Technologies
- 12.3.3. DNASTAR
- 12.3.4. Qiagen NV
- 12.3.5. Illumina, Inc.
- 12.3.6. BGI Genomics
- 12.3.7. Genscript
- 12.3.8. Geneious
- 12.3.9. Thermo Fisher Scientific, Inc.
- 12.3.10. DNASTAR
- 12.3.11. BioBam Bioinformatics

13. Appendix

13.1. Research Methodology
13.2. Research Assumptions
13.3. Acronyms and Abbreviations