The global bioinformatics market is estimated to be valued at over USD 40.07 billion with a CAGR of over 13.5% from the forecast period 2025 to 2033.

Bioinformatics is a branch of science that deals with the analysis of biological data, such as genes and nucleotides, using advanced computational techniques and methods. The evolutionary changes in genomic testing methods and technological advancements are major factors responsible for the bioinformatics market growth.

Currently, the bioinformatics platforms are trending. The range of services like data analysis, database design, sequence analysis, etc.provided by the bioinformatics platforms is the key for segment growth.

Owing to the rising demand for bioinformatics platforms across the globe, the bioinformatics market is expanding at a notable range.

The genomics segment of the bioinformatics market is anticipated to be a dominating factor contributing to market growth. Inclination towards the research in genetics and the rising investments and collaborations in the field are rapidly boosting the bioinformatics market growth. The advancements in the transcriptomics methods and tools are gaining popularity amongst the end-users. The large scope in the research and development has increased the interest of business players in the bioinformatics market.

Bioinformatics: The Backbone of Modern Life Sciences

Bioinformatics, an interdisciplinary field combining biology, computer science, and information technology, plays a pivotal role in managing and analyzing biological data. It is essential for understanding health and disease, aiding in areas such as genomics, proteomics, and personalized medicine. The integration of algorithms and software tools allows researchers to derive meaningful insights from complex biological datasets.

Global Bioinformatics Market Segmentation:

By Products and Services

  • Knowledge Management Tools
    • Generalized Knowledge Management Tools
    • Specialized Knowledge Management Tools
  • Bioinformatics Platforms
    • Data Analysis Platforms
    • Structural And Functional Analysis Platforms
    • Other Bioinformatics Platforms
  • Bioinformatics Services
    • Data Analysis Services
    • Database Management Services
    • Other Bioinformatics Services

By Application

  • Genomics
  • Chemoinformatics And Drug Design
  • Proteomics
  • Transcriptomics
  • Metabolomics
  • Other Bioinformatics Applications

By Sector

  • Medical Biotechnology
    • Drug Discovery And Development
    • Clinical Diagnostics and Personalized Medicine
    • Reproductive Health
  • Academics
  • Animal Biotechnology
  • Agricultural Biotechnology
  • Environmental Biotechnology
  • Forensic Biotechnology
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

North America: Held the largest market share in 2022, attributed to the region's advanced research infrastructure, significant investments in genomics, and the presence of key industry players. 

Asia-Pacific: Expected to record the highest CAGR of 14.3% from 2024 to 2031, driven by the growing pharmaceutical and biotech industries, increased genomics research, and favorable government initiatives in countries like India and China. 

Major players included in the Bioinformatics Market are:

  • Thermo Fisher Scientific
  • Eurofins Scientific
  • Illumina
  • Perkinelmer, Inc.
  • Qiagen Bioinformatics
  • Agilent Technologies
  • Dnastar
  • Waters Corporation
  • Sophia Genetics
  • Partek
  • Biomax Informatics AG
  • Wuxi Nextcode
  • Beijing Genomics Institute (BGI)

Recent Developments by Leading Companies

Thermo Fisher Scientific: In July 2023, launched an AI-driven bioinformatics tool that reduces genomic data analysis time by 30%. 
Global Growth Insights

Illumina Inc. In January 2024, partnered with AstraZeneca to integrate AI-based bioinformatics for drug discovery and precision medicine. 

QIAGEN introduced a cloud-based bioinformatics platform in October 2023, which accelerates whole-genome data analysis by 25%. 
Global Growth Insights

Eurofins Scientific: In February 2024, acquired a bioinformatics startup to enhance computational biology and personalized medicine research.

Objectives of the Study:

  • To provide an exhaustive analysis of the Bioinformatics Market By Products and Services, By Application, By Sector, and By Region.
  • To provide comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers, and expansions

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