Bioinformatics Market By Type (Bioinformatics Tools {Sequence Analysis Tools, Data Integration Tools, Molecular Modelling Tools, Sequence Alignment Tools, Phylogenetic Analysis Tools, Others}, Bioinformatics Platforms {Genomics Platforms, Proteomics Platforms, Transcriptomics Platforms, Metabolomics Platforms, Others}, Bioinformatics Services {Data Analysis Services, Custom Database Development, Cloud-Based Solutions, Others}), By Application (Genomics, Proteomics, Drug Discovery, Metabolomics, Transcriptomics, Others), By Technology (Knowledge Management Tools, Bioinformatics Algorithms, High-Throughput Sequencing Technologies, Microarray Technology, Mass Spectrometry, Database Management Systems, Data Mining, Cloud Computing, Others), By End-User (Pharmaceutical Companies, Institutes, Hospitals, Agriculture, Others), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035
Published Date: Nov 2024 | Report ID: MI1376 | 210 Pages
Industry Outlook
The Bioinformatics market accounted for USD 12.46 Billion in 2024 and is expected to reach USD 46.42 Billion by 2035, growing at a CAGR of around 12.7% between 2025 and 2035. The bioinformatics market category comprises the use of computer science and software tools to manage bio information, particularly complex data like genomic, proteomic, and clinical data.
It brings together biology, computer science, and information technology to help with studies such as genomics, individualized consultation, medicine development, and molecular research. Novel high-throughput sequencing technologies are propelling the market forward, as is an increase in demand for individualized healthcare and data in biomedical sciences. As healthcare becomes more data-driven, the bioinformatics market remains strong for diagnosis, therapies, and illness prevention.
Report Scope:
Parameter | Details |
---|---|
Largest Market | North America |
Fastest Growing Market | Asia Pacific |
Base Year | 2024 |
Market Size in 2024 | USD 12.46 Billion |
CAGR (2025-2035) | 12.7% |
Forecast Years | 2025-2035 |
Historical Data | 2018-2024 |
Market Size in 2035 | USD 46.42 Billion |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa |
What We Cover | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and over 10 companies |
Segments Covered | Type, Application, Technology, End-User, and Region |
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Market Dynamics
Personalized medicine requires bioinformatics for tailored treatments and genetic analysis.
The bioinformatics market is growing because of the demand for increased efficacy and lower hazards in a treatment known as 'personalized medicine' based on a person's genetic composition. Other market drivers include current genetic technology, increased use of customized medicine, and the need for better triage of enormous data sets in drug development. However, the increasing incidence of chronic diseases and the aging of the population are driving healthcare practitioners to adopt bioinformatics for diagnoses and therapy. The changing paradigms of learning and knowledge creation pursued by these institutions necessitate the development of bioinformatics infrastructure and funding from the government and academic institutions.
According to the National Institutes of Health (NIH), the United States invests more than 1.5 billion dollars per year on precision medicine programs that support bioinformatics for personal medicine enhancement. These developments have resulted in increased use of genetic analysis in clinical treatment, which is propelling the industry forward at a quicker rate.
AI and machine learning enhance bioinformatics data analysis and efficiency.
The bioinformatics market is driven by several factors. Newer sequencing technologies have made it possible to generate significant amounts of genetic data, necessitating the use of more advanced analytical approaches. There is a growing interest in using pharmacology and pharmacogenomics to adapt medicines for patients, which helps meet the growing demand for huge datasets capable of deciphering complex biological signals.
As AI and machine learning gain traction, they improve data management and pattern recognition. The need to discover and develop medications more quickly has accelerated bioinformatics development. Furthermore, the increased availability of government subsidies for healthcare and research programs broadens the market.
The growing trend toward digitalization of healthcare systems, and hence electronic health records, is fueling the demand for bioinformatics. One of the most important market drivers for bioinformatics is the increasing use of data technology platforms in the growing data-driven healthcare business segment. The findings from the study of microbiomes and their involvement in disease prevention encourage the use of bioinformatics platforms. The growing prevalence of chronic diseases worldwide drives the development of more complicated bioinformatics features. Bioinformatics platforms are becoming popular among institutes working in many fields of biology and medicine. Due to advances in the field of cloud computing.
Stringent regulatory requirements delay the deployment of bioinformatics solutions in healthcare.
Stringent healthcare limitations restrict the growth of the bioinformatics market. These regulations seek to protect data, people's information, and patient safety, yet also impede the development and implementation of bioinformatics solutions. The healthcare industry is regulated, and any new technology involving DNA or insurance information must comply with several rules, such as HIPAA in the United States or GDPR in the European Union. To compensate for the lack of incentives, validation and certification processes become necessary and time-consuming, which slows overall product development.
Further, different constraints apply to bioinformatics solutions across regions and countries, hampering internationalization. These three regulatory standards are expensive and time-consuming to implement, thereby discouraging investment in the sector and impeding innovation. Moreover, there may be insufficient format standards in bioinformatics data, and compatibility issues are causing the delayed implementation of these technologies. Healthcare providers may be reluctant to implement innovative solutions because of worries about long-term effectiveness, durability, and regulatory compliance.
Pharmaceutical collaborations with bioinformatics firms can accelerate drug discovery processes.
The pharmaceutical industry's reliance on biotechnology companies is another avenue with tremendous growth potential in the bioinformatics market. With drug discovery growing more difficult, the use of bioinformatics kits enables the efficient and reliable analysis of enormous amounts of data for the discovery of new targets and biomarkers. The analysis of genomic, proteomic, and clinical data can be time-consuming, but bioinformatics seeks to accelerate the early stages of drug discovery. Collaborations between the pharmaceutical and biotechnology industries improve computer modeling, drug discovery, and precision procedures, increasing productivity and cost-effectiveness.
Moreover, the adoption of artificial intelligence and machine learning enhances the capabilities of bioinformatics, resulting in more personalized treatment. As pharmaceutical companies shift to data-driven drug discovery, demand for these services is projected to increase. An aging population and rising healthcare expenditures are propelling the bioinformatics sector as a new source of value for technology-focused life sciences firms. It can accelerate regulatory approval by introducing more detailed data. Recent bioinformatics findings are opening the road for faster and more efficient therapeutic angiogenesis, and there is a clear need for more research in this area.
Cloud computing offers scalable bioinformatics platforms for cost-effective data analysis
Cloud technologies that provide simple, adaptable, and cost-effective data processing architectures offer enormous opportunities for the bioinformatics market to grow. The increased volume of biological data created by genome sequencing, clinical trials, and other research necessitates the use of advanced computational resources provided by the cloud platform. Bioinformatics companies can profit from the highly powerful computational resources supplied by cloud-based solutions without incurring large hardware costs. This has resulted in decreased operating expenses, faster data processing, and increased R&D.
Cloud computing improves collaboration by allowing researchers to communicate data and tools from anywhere. Resource elasticity ensures that a company can increase or reduce the number of resources consumed in response to changing workloads. Further, cloud platforms include better redundancy features, allowing them to meet regulatory data protection criteria. Cloud computing contributes to the advancement and expansion of bioinformatics options for research and discoveries, as data integration and analysis remain critical.
Industry Experts Opinion
“Another area throughout the industry we need are people who specialize in integrating toolsets—hooking up your instruments to Benchling (a cloud-based software platform for biology researchers), and make sure your bioinformatics are integrated on the back end.”
- Flo Mazzoldi, head of digital technology for Ginkgo Bioworks, a Boston-based biotechnology firm.
Segment Analysis
Based on the type, the Bioinformatics Market is classified into Bioinformatics Tools, Bioinformatics Platforms, and Bioinformatics Services. The bioinformatics market's largest and most valuable category is bioinformatics platforms. These platforms provide data management and analysis features for complicated biological big data, allowing researchers to make sense of genomes, proteomics, and clinical data.
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The widespread use of hardware accelerators stems from their efficiency in terms of cycle rate and ability to process information at large data rates, making them useful in ML or AI algorithms. As the amount of omics data grows fast, bioinformatics platforms become indispensable in drug discovery, personalized medicine, and disease research, gaining widespread appeal in academic institutions and enterprises.
Based on the application, the Bioinformatics Market is classified into Genomics, Proteomics, Drug Discovery, Metabolomics, Transcriptomics, and Others. Genomics is the most popular application in the bioinformatics market. Constant technological innovation and advancements in specialized molecular techniques like Next-Generation Sequencing (NGS) have resulted in an exponential generation of genomic data that can be analyzed, interpreted, and stored using bioinformatics tools.
It is a rapidly increasing interdisciplinary field that is critical to research and industry in customized medicine, diagnostics, and pharmaceuticals. With the following breakthroughs in genetic databases and the ongoing rise of genomics in clinical practice, this segment remains the largest in the bioinformatics market.
Regional Analysis
The North American bioinformatics market is dominant owing to the growing adoption of innovative technologies in the healthcare and life sciences industries. This region is defined by a robust infrastructure, a high level of R&D, reasonable business needs, and a profusion of leading biotechnology and pharmaceutical companies. The growing desire for tailored care with rising chronic disease rates has created a need for bioinformatics solutions. Furthermore, breakthroughs in genomics, proteomics, and metabolomics have accelerated the development of novel data management strategies.
The United States is relevant since many public and corporate sector research projects focus on bioinformatics advancement. Incorporating artificial intelligence or machine learning into the bioinformatics platform in the future is likely to grow the market. Overall, North America is dominant in the global bioinformatics market due to more favorable and compatible regulatory processes and orders of scientific advancement.
The Asia-Pacific bioinformatics market is expanding rapidly due to genomic innovation, rising healthcare demands, and participation in customized medicine. China, India, Japan, and South Korea are poised to gain influence due to their thriving healthcare businesses, increased research activity, and rising R&D and healthcare spending on biotechnology. The market continues to be driven by the usage of cloud-based bioinformatics services and high-throughput sequencing technology. Moreover, state funding and cooperation among universities, research institutes, and enterprises have increased the rate of experimental development and the emergence of new ventures.
The region's use of bioinformatics is driven by a goal to improve healthcare systems and tackle chronic diseases such as cancer and genetic disorders. Despite limited data privacy, trained professional concerns, and variations in the availability of healthcare services, adoption remains a challenge. The Asia-Pacific bioinformatics market will grow as technology progresses and the emphasis changes to precision medicine.
Competitive Landscape
The bioinformatics market is highly competitive, with major competitors including Illumina Inc., Thermo Fisher Scientific, Qiagen N.V., Agilent Technologies, and IBM. These companies are providing solutions for analyzing genomic data, developing novel sequencing methods, and employing AI to advance the genomics sector. Some of the most notable advancements include Illumina's new NovaSeq X series, which has significantly reduced sequencing prices, and Thermo Fisher's acquisition of The Binding Site, which has increased its immunoassay offering.
IBM is pushing the boundaries of drug development with artificial intelligence, while Oxford Nanopore enhances mobility and real-time sequencing. These firms leading precision medicine and biomolecular research are expanding their bioinformatics resources through collaborations, acquisitions, and innovations.
However, the advent of cloud-based solutions from players like DNAnexus and Perkin Elmer, to mention a few, has elevated bioinformatics for the analysis of large-scale genomic data to new heights, resulting in increased competition. The bioinformatics market is also observing the increased use of artificial intelligence and machine learning for the visualization and processing of growing volumes of data.
Bioinformatics Market, Company Shares Analysis, 2024
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Recent Developments:
- In October 2023, Bionl, Inc., a leader in biomedical and bioinformatics research, created a no-code biomedical research platform that allowed researchers, students, and professionals to explore biomedicine using natural language queries.
- In October 2023, BioBam Bioinformatics released OmicsBox 3.1 to help researchers, scientists, and bioinformaticians process and interpret sophisticated omics data.
- In April 2023, Absci Corp. partnered with Aster Insights (formerly known as M2GEN) to speed up the development of new cancer medications.
Report Coverage:
By Type
- Bioinformatics Tools
- Sequence Analysis Tools
- Data Integration Tools
- Molecular Modelling Tools
- Sequence Alignment Tools
- Phylogenetic Analysis Tools
- Others
- Bioinformatics Platforms
- Genomics Platforms
- Proteomics Platforms
- Transcriptomics Platforms
- Metabolomics Platforms
- Others
- Bioinformatics Services
- Data Analysis Services
- Custom Database Development
- Cloud-Based Solutions
- Others
By Application
- Genomics
- Proteomics
- Drug Discovery
- Metabolomics
- Transcriptomics
- Others
By Technology
- Knowledge Management Tools
- Bioinformatics Algorithms
- High-Throughput Sequencing Technologies
- Microarray Technology
- Mass Spectrometry
- Database Management Systems
- Data Mining
- Cloud Computing
- Others
By End-User
- Pharmaceutical Companies
- Institutes
- Hospitals
- Agriculture
- Others
By Region
North America
- U.S.
- Canada
Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
List of Companies:
- Illumina Inc.
- Thermo Fisher Scientific
- Qiagen N.V.
- Agilent Technologies
- IBM Corporation
- Roche Holding AG
- PerkinElmer Inc.
- Bio-Rad Laboratories Inc.
- Oxford Nanopore Technologies
- DNAnexus
- Zymo Research Corporation
- Bayer AG
- Genentech
- Wuxi AppTec
- CureMetrix
Frequently Asked Questions (FAQs)
The Bioinformatics market accounted for USD 12.46 Billion in 2024 and is expected to reach USD 46.42 Billion by 2035, growing at a CAGR of around 12.7% between 2025 and 2035.
Key growth opportunities in the Bioinformatics market include leveraging digital transformation, such as pharmaceutical collaborations with bioinformatics firms can accelerate drug discovery processes, cloud computing offers scalable bioinformatics platforms for cost-effective data analysis, and expanding bioinformatics applications in research and clinical diagnostics creates opportunities.
Type is currently leading in the Bioinformatics Market due to Bioinformatics Platforms. These are dominating the market because they integrate advanced tools for data analysis, storage, and visualization, enabling efficient processing of large-scale biological data. These platforms support various applications, such as genomics, proteomics, and drug discovery, driving innovations in personalized medicine and biotechnology.
North America is expected to remain the dominant region due to its strong healthcare infrastructure, significant investments in research and development, and the presence of major biotech and pharmaceutical companies. The region benefits from high adoption rates of advanced technologies like AI, big data analytics, and next-generation sequencing. The U.S. government's support through initiatives like the NIH and FDA accelerates bioinformatics innovations.
Key operating players in the Bioinformatics market are Illumina Inc., Thermo Fisher Scientific, Qiagen N.V., Agilent Technologies, IBM Corporation, Roche Holding AG, PerkinElmer Inc., Bio-Rad Laboratories Inc., Oxford Nanopore Technologies, and DNAnexus. They offer comprehensive solutions that integrate hardware, software, and cloud platforms, addressing the growing demand for precision medicine, drug discovery, and genomic research.
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