- In October 2022, Illumina, Inc. and AstraZeneca established a strategic research collaboration to accelerate therapeutic target discovery by integrating AI-based genome interpretation with genomic analysis tools, enhancing confidence in drug target identification through human omics insights
- In September 2022, Thermo Fisher Scientific became a founding sponsor of the Pennsylvania Biotechnology Center (PABC), supporting both the Philadelphia-based B+Labs incubator and the PABC site in Doylestown, Pennsylvania, to help life science startups accelerate commercialization
- In June 2022, LatchBio introduced an end-to-end bioinformatics platform for managing large-scale biotech data, aiming to streamline scientific discovery and enhance research efficiency
- In March 2022, ARUP unveiled Rio, a bioinformatics pipeline and analytics platform, designed to improve the speed and accuracy of next-generation sequencing (NGS) test results
- In January 2021, BGI expanded its collaboration with the Ministry of Health of Brunei to enhance public health initiatives, including emergency response, diagnostic screening, personalized medicine, and early cancer detection through advanced sequencing technology
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Knowledge Management Tools and Bioinformatics Software and Services), Sector (Medical Biotechnology, Academics, Animal Biotechnology, Agricultural Biotechnology, Environmental Biotechnology, Forensic Biotechnology, and Others), Application (Genomics & Drug Development, Proteomics, Evolutionary Studies, Agricultural Studies, Veterinary Science, Metabolomics, Transcriptomics, and Others), Purchase Mode (Group Purchase and Individual Purchase), Method (Genomics and Proteomics) End-User, (Research and Academic Institutes, Clinical Research Organization, Biotech and Pharmaceutical Companies, Research Laboratories, Hospital, and Others) - Industry Trends and Forecast to 2032
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The Global Bioinformatics Market size was valued at USD 14.27 USD Billion in 2024.
The Global Bioinformatics Market is projected to grow at a CAGR of 18.9% during the forecast period of 2025 to 2032.
The major players operating in the market include Thermo Fisher Scientific Inc., Illumina Inc., Agilent Technologies Inc., QIAGEN, SOPHiA GENETICS.
The market report covers data from the North America.
