- Bioinformatics has gained widespread acceptance due to its role in genomic research, drug discovery, and personalized medicine, driving advancements in healthcare, agriculture, and biotechnology. Its ability to analyze complex biological data, accelerate precision medicine, and support genome sequencing technologies has solidified its position in modern life sciences
- The market is primarily driven by rising demand for next-generation sequencing (NGS), increasing applications in biomarker discovery, and the integration of artificial intelligence (AI) and machine learning (ML) for enhanced biological data interpretation. In addition, growing investments in bioinformatics infrastructure, cloud computing solutions, and biopharmaceutical collaborations are accelerating market expansion
- For instance, in the U.S. and Europe, the demand for bioinformatics tools has surged due to the increasing adoption of precision medicine and AI-driven genomic research, contributing to sustained market growth
- Globally, bioinformatics continues to be a cornerstone in genomic data analysis and biopharmaceutical research, with innovations such as cloud-based bioinformatics platforms, advanced computational biology techniques, and AI-powered genetic diagnostics driving industry transformation and ensuring long-term market sustainability
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.
