Global Biological Data Visualization Market to Reach $1.3 Billion by 2026

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Jun 29, 2022, 09:10 ET

SAN FRANCISCO , June 29, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Biological Data Visualization - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

Global Biological Data Visualization Market to Reach $1.3 Billion by 2026

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Edition: 5; Released: January 2022
Executive Pool: 702
Companies: 33 - Players covered include 3M; Advanced Visual Systems, Inc.; Agilent Technologies; arivis AG; Becton, Dickinson and Company (BD); Carl Zeiss AG; Clarivate Analytics; Danaher; Genedata AG; Genialis, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Technique (Sequencing, Microscopy, Magnetic Resonance Imaging, X-ray Crystallography, Other Techniques); Application (Cell & Organism Imaging, Structural Biology & Molecular Modeling, Genomic Analysis, Alignments, Phylogeny & Evolution, Systems Biology); End-Use (Academic Research, Pharma & Biotech Companies, Hospitals & Clinics, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Biological Data Visualization Market to Reach $1.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Biological Data Visualization estimated at US$787.6 Million, is projected to reach a revised size of US$1.3 Billion by 2026, growing at a CAGR of 8.3% over the analysis period. Sequencing, one of the segments analyzed in the report, is projected to record a 8.4% CAGR and reach US$534.2 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Microscopy segment is readjusted to a revised 8.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $231.5 Million in 2021, While China is Forecast to Reach $283.4 Million by 2026
The Biological Data Visualization market in the U.S. is estimated at US$231.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$283.4 Million by the year 2026 trailing a CAGR of 12.5% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Magnetic Resonance Imaging Segment to Reach US$221.5 Million by the year 2026
In the global Magnetic Resonance Imaging segment, USA, Canada, Japan, China and Europe will drive the 8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$100.6 Million will reach a projected size of US$172.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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