Open data science and algorithm development competitions offer a unique avenue for rapid discovery of better computational strategies. We highlight three examples in computational biology and bioinformatics research in which the use of competitions has yielded significant performance gains over established algorithms. These include algorithms for antibody clustering, imputing gene expression data, and querying the Connectivity Map (CMap). Performance gains are evaluated quantitatively using realistic, albeit sanitized, data sets. The solutions produced through these competitions are then examined with respect to their utility and the prospects for implementation in the field. We present the decision process and competition design considerations that lead to these successful outcomes as a model for researchers who want to use competitions and non-domain crowds as collaborators to further their research.

The graph shows the changes in the impact factor of ^ and its corresponding percentile for the sake of comparison with the entire literature. Impact Factor is the most common scientometric index, which is defined by the number of citations of papers in two preceding years divided by the number of papers published in those years.

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Bioinformatics Market Size 2025-2029

The bioinformatics market size is valued to increase by USD 15.98 billion, at a CAGR of 17.4% from 2024 to 2029. Reduction in cost of genetic sequencing will drive the bioinformatics market.

Market Insights

North America dominated the market and accounted for a 43% growth during the 2025-2029.
By Application - Molecular phylogenetics segment was valued at USD 4.48 billion in 2023
By Product - Platforms segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 309.88 million 
Market Future Opportunities 2024: USD 15978.00 million
CAGR from 2024 to 2029 : 17.4%

Market Summary

The market is a dynamic and evolving field that plays a pivotal role in advancing scientific research and innovation in various industries, including healthcare, agriculture, and academia. One of the primary drivers of this market's growth is the rapid reduction in the cost of genetic sequencing, making it increasingly accessible to researchers and organizations worldwide. This affordability has led to an influx of large-scale genomic data, necessitating the development of sophisticated bioinformatics tools for Next-Generation Sequencing (NGS) data analysis. Another significant trend in the market is the shortage of trained laboratory professionals capable of handling and interpreting complex genomic data. This skills gap creates a demand for user-friendly bioinformatics software and services that can streamline data analysis and interpretation, enabling researchers to focus on scientific discovery rather than data processing. For instance, a leading pharmaceutical company could leverage bioinformatics tools to optimize its drug discovery pipeline by analyzing large genomic datasets to identify potential drug targets and predict their efficacy. By integrating these tools into its workflow, the company can reduce the time and cost associated with traditional drug discovery methods, ultimately bringing new therapies to market more efficiently. Despite its numerous benefits, the market faces challenges such as data security and privacy concerns, data standardization, and the need for interoperability between different software platforms. Addressing these challenges will require collaboration between industry stakeholders, regulatory bodies, and academic institutions to establish best practices and develop standardized protocols for data sharing and analysis.

What will be the size of the Bioinformatics Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleBioinformatics, a dynamic and evolving market, is witnessing significant growth as businesses increasingly rely on high-performance computing, gene annotation, and bioinformatics software to decipher regulatory elements, gene expression regulation, and genomic variation. Machine learning algorithms, phylogenetic trees, and ontology development are integral tools for disease modeling and protein interactions. cloud computing platforms facilitate the storage and analysis of vast biological databases and sequence datas, enabling data mining techniques and statistical modeling for sequence assembly and drug discovery pipelines. Proteomic analysis, protein folding, and computational biology are crucial components of this domain, with biomedical ontologies and data integration platforms enhancing research efficiency. The integration of gene annotation and machine learning algorithms, for instance, has led to a 25% increase in accurate disease diagnosis within leading healthcare organizations. This trend underscores the importance of investing in advanced bioinformatics solutions for improved regulatory compliance, budgeting, and product strategy.

Unpacking the Bioinformatics Market Landscape

Bioinformatics, an essential discipline at the intersection of biology and computer science, continues to revolutionize the scientific landscape. Evolutionary bioinformatics, with its molecular dynamics simulation and systems biology approaches, enables a deeper understanding of biological processes, leading to improved ROI in research and development. For instance, next-generation sequencing technologies have reduced sequencing costs by a factor of ten, enabling genome-wide association studies and transcriptome sequencing on a previously unimaginable scale. In clinical bioinformatics, homology modeling techniques and protein-protein interaction analysis facilitate drug target identification, enhancing compliance with regulatory requirements. Phylogenetic analysis tools and comparative genomics studies contribute to the discovery of novel biomarkers and the development of personalized treatments. Bioimage informatics and proteomic data integration employ advanced sequence alignment algorithms and functional genomics tools to unlock new insights from complex

The COVID-19 pandemic has shown that bioinformatics--a multidisciplinary field that combines biological knowledge with computer programming concerned with the acquisition, storage, analysis, and dissemination of biological data--has a fundamental role in scientific research strategies in all disciplines involved in fighting the virus and its variants. It aids in sequencing and annotating genomes and their observed mutations; analyzing gene and protein expression; simulation and modeling of DNA, RNA, proteins and biomolecular interactions; and mining of biological literature, among many other critical areas of research. Studies suggest that bioinformatics skills in the Latin American and Caribbean region are relatively incipient, and thus its scientific systems cannot take full advantage of the increasing availability of bioinformatic tools and data. This dataset is a catalog of bioinformatics software for researchers and professionals working in life sciences. It includes more than 300 different tools for varied uses, such as data analysis, visualization, repositories and databases, data storage services, scientific communication, marketplace and collaboration, and lab resource management. Most tools are available as web-based or desktop applications, while others are programming libraries. It also includes 10 suggested entries for other third-party repositories that could be of use.

The Personalized Medicine Bioinformatics Market is Segmented by Technology (Gene Sequencing, Pharmacogenomics, and More), Application (Genomics, Proteomics, and More), End User (Biotechnology & Pharmaceutical Companies, Clinical Diagnostics Laboratories, Hospitals & Academic Medical Centers, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Bioinformatics Market Outlook

The global bioinformatics market size was projected at $10.4 billion in 2023 and is anticipated to grow to $24.8 billion by 2032, with a compound annual growth rate (CAGR) of 10.2%. This rapid growth is primarily attributed to the increasing demand for bioinformatics tools in genomics and proteomics research, thereby enhancing data interpretation and analysis capabilities. Additionally, the surge in the adoption of cloud-based solutions and the increasing volume of biological data generated through research activities are key factors driving the market growth. Furthermore, the rising emphasis on precision medicine and personalized healthcare approaches plays a significant role in the expansion of this market.

One of the major growth factors driving the bioinformatics market is the vast amount of biological data being generated, necessitating advanced data analysis and management tools. The advent of next-generation sequencing technologies has revolutionized genetic research, leading to exponential data generation. Bioinformatics provides the necessary computational solutions to manage, analyze, and interpret this data efficiently. Moreover, the increasing collaboration between biological scientists and computer experts is further accelerating the development of novel bioinformatics tools, enhancing their application across various domains. This interdisciplinary approach is not only improving research outcomes but also facilitating the discovery of new biological insights.

Another significant growth driver is the rising investment in research and development in the field of genomics and proteomics. Governments and private organizations across the globe are investing heavily in life sciences research to understand complex biological processes and diseases better. These investments are expected to increase the demand for sophisticated bioinformatics tools and services. Additionally, the integration of artificial intelligence and machine learning with bioinformatics is opening new avenues for research, enabling more precise data analysis and prediction models. This technological convergence is expected to provide significant growth opportunities for the bioinformatics market during the forecast period.

The increasing prevalence of chronic diseases and the growing need for personalized medicine are also contributing to the expansion of the bioinformatics market. Personalized medicine, which tailors healthcare to individual patients, relies heavily on bioinformatics to analyze genetic information and develop targeted therapies. As healthcare systems worldwide shift towards more personalized approaches, the demand for bioinformatics solutions is expected to rise significantly. Moreover, bioinformatics plays a crucial role in drug discovery and development processes, providing insights that accelerate the identification of potential drug targets and biomarkers.

The role of Life Sciences Software in the bioinformatics market is becoming increasingly prominent as researchers and healthcare providers seek more sophisticated tools to manage and analyze complex biological data. These software solutions are essential for processing the vast amounts of data generated by modern research techniques, such as next-generation sequencing and mass spectrometry. By providing robust data management and analysis capabilities, Life Sciences Software enables researchers to gain deeper insights into genetic and proteomic information, facilitating the discovery of new therapeutic targets and the development of personalized medicine approaches. As the demand for precision medicine continues to grow, the importance of Life Sciences Software in bioinformatics is expected to rise, driving innovation and market expansion.

Regionally, North America holds the largest share of the bioinformatics market due to the presence of a well-established healthcare infrastructure and significant investments in biotechnological research. The region is home to several leading bioinformatics companies and research institutions, which are at the forefront of innovation and technological advancements. Additionally, the Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by increasing government funding for genomics research and the growing adoption of bioinformatics in emerging economies like China and India. The expansion of biopharmaceutical industries and a rising focus on precision medicine in these regions are further contributing to market growth.

Pro

BackgroundHealth sciences research is increasingly focusing on big data applications, such as genomic technologies and precision medicine, to address key issues in human health. These approaches rely on biological data repositories and bioinformatic analyses, both of which are growing rapidly in size and scope. Libraries play a key role in supporting researchers in navigating these and other information resources.MethodsWith the goal of supporting bioinformatics research in the health sciences, the University of Arizona Health Sciences Library established a Bioinformation program. To shape the support provided by the library, I developed and administered a needs assessment survey to the University of Arizona Health Sciences campus in Tucson, Arizona. The survey was designed to identify the training topics of interest to health sciences researchers and the preferred modes of training.ResultsSurvey respondents expressed an interest in a broad array of potential training topics, including "traditional" information seeking as well as interest in analytical training. Of particular interest were training in transcriptomic tools and the use of databases linking genotypes and phenotypes. Staff were most interested in bioinformatics training topics, while faculty were the least interested. Hands-on workshops were significantly preferred over any other mode of training. The University of Arizona Health Sciences Library is meeting those needs through internal programming and external partnerships.ConclusionThe results of the survey demonstrate a keen interest in a variety of bioinformatic resources; the challenge to the library is how to address those training needs. The mode of support depends largely on library staff expertise in the numerous subject-specific databases and tools. Librarian-led bioinformatic training sessions provide opportunities for engagement with researchers at multiple points of the research life cycle. When training needs exceed library capacity, partnering with intramural and extramural units will be crucial in library support of health sciences bioinformatic research.

This dataset was developed to create a census of sufficiently documented molecular biology databases to answer several preliminary research questions. Articles published in the annual Nucleic Acids Research (NAR) “Database Issues” were used to identify a population of databases for study. Namely, the questions addressed herein include: 1) what is the historical rate of database proliferation versus rate of database attrition?, 2) to what extent do citations indicate persistence?, and 3) are databases under active maintenance and does evidence of maintenance likewise correlate to citation? An overarching goal of this study is to provide the ability to identify subsets of databases for further analysis, both as presented within this study and through subsequent use of this openly released dataset.

The Bioinformatics Services Market will grow from $4.3B in 2025 to $15.7B by 2035, at a CAGR of 12.6%, driven by rising demand for biologics and biosimilars.

Subjective data models dataset

This dataset is comprised of data collected from study participants, for a study into how people working with biological data perceive data, and whether or not this perception of data aligns with a person's experiential and educational background. We call the concept of what data looks like to an individual a "subjective data model".

Todo: link paper/preprint once published.

Computational python analysis code: https://doi.org/10.5281/zenodo.7022789 and https://github.com/yochannah/subjective-data-models-analysis

Files

Transcripts of the recorded sessions are attached and have been verified by a second researcher. These files are all in plain text .txt format. Note that participant 3 did not agree to sharing the transcript of their interview. Interview paper files This folder has digital and photographed versions of the files shown to the participants for the file mapping task. Note that the original files are from the NCBI and from FlyBase. Videos and stills from the recordings have been deleted in line with the Data Management Plan and Ethical Review. anonymous_participant_list.csv shows which files have transcripts associated (not all participants agreed to share transcripts), what the order of Tasks A and B were, the date of interview, and what entities participants added to the set provided (if any). See the paper methods for more info about why entities were added to the set. cards.txt is a full list of the cards presented in the tasks. background survey and background manual annotations are the select survey data about participant background and manual additions to this where necessary, e.g. to interpret free text. codes.csv shows the qualitative codes used within the transcripts. entry_point.csv is a record of participants' identified entry points into the data. file_mapping_responses shows a record of responses to the file mapping task.

List of Top Disciplines of International Journal of Bioinformatics Research and Applications sorted by citations.

RNA expression analysis was performed on the corpus luteum tissue at five time points after prostaglandin F2 alpha treatment of midcycle cows using an Affymetrix Bovine Gene v1 Array. The normalized linear microarray data was uploaded to the NCBI GEO repository (GSE94069). Subsequent statistical analysis determined differentially expressed transcripts ± 1.5-fold change from saline control with P ≤ 0.05. Gene ontology of differentially expressed transcripts was annotated by DAVID and Panther. Physiological characteristics of the study animals are presented in a figure. Bioinformatic analysis by Ingenuity Pathway Analysis was curated, compiled, and presented in tables. A dataset comparison with similar microarray analyses was performed and bioinformatics analysis by Ingenuity Pathway Analysis, DAVID, Panther, and String of differentially expressed genes from each dataset as well as the differentially expressed genes common to all three datasets were curated, compiled, and presented in tables. Finally, a table comparing four bioinformatics tools' predictions of functions associated with genes common to all three datasets is presented. These data have been further analyzed and interpreted in the companion article "Early transcriptome responses of the bovine mid-cycle corpus luteum to prostaglandin F2 alpha includes cytokine signaling". Resources in this dataset:Resource Title: Supporting information as Excel spreadsheets and tables. File Name: Web Page, url: http://www.sciencedirect.com/science/article/pii/S2352340917304031?via=ihub#s0070

Bioinformatics Software Market Outlook

The global bioinformatics software market size was valued at approximately USD 10 billion in 2023, and it is projected to reach around USD 25 billion by 2032, growing at a robust CAGR of 11% during the forecast period. This remarkable growth is fueled by the increased application of bioinformatics in drug discovery and development, the rising demand for personalized medicine, and the ongoing advancements in sequencing technologies. The convergence of biology and information technology has led to the optimization of biological data management, propelling the market's expansion as it transforms the landscape of biotechnology and pharmaceutical research. The rapid integration of artificial intelligence and machine learning techniques to process complex biological data further accentuates the growth trajectory of this market.

An essential growth factor for the bioinformatics software market is the burgeoning demand for sequencing technologies. The decreasing cost of sequencing has led to a massive increase in the volume of genomic data generated, necessitating advanced software solutions to manage and interpret this data efficiently. This demand is particularly evident in genomics and proteomics, where bioinformatics software plays a critical role in analyzing and visualizing large datasets. Additionally, the adoption of cloud computing in bioinformatics offers scalable resources and cost-effective solutions for data storage and processing, further fueling market growth. The increasing collaboration between research institutions and software companies to develop innovative bioinformatics tools is also contributing positively to market expansion.

Another significant driver is the growth of personalized medicine, which relies heavily on bioinformatics for the analysis of individual genetic information to tailor therapeutic strategies. As healthcare systems worldwide move towards precision medicine, the demand for bioinformatics software that can integrate genetic, phenotypic, and environmental data becomes more pronounced. This trend is not only transforming patient care but also significantly impacting drug development processes, as pharmaceutical companies aim to create more effective and targeted therapies. The strategic partnerships and collaborations between biotech firms and bioinformatics software providers are critical in advancing personalized medicine and enhancing patient outcomes.

The increasing prevalence of complex diseases such as cancer and neurological disorders necessitates comprehensive research efforts, driving the need for robust bioinformatics software. These diseases require multi-omics approaches for better understanding, diagnosis, and treatment, where bioinformatics tools are indispensable. The ongoing research and development activities in this area, supported by government funding and private investments, are fostering innovation in bioinformatics solutions. Furthermore, the development of user-friendly and intuitive software interfaces is expanding the market beyond specialized research labs to include clinical settings and hospitals, broadening the potential user base and enhancing market penetration.

From a regional perspective, North America currently leads the bioinformatics software market, thanks to its advanced technological infrastructure, significant investment in healthcare R&D, and the presence of numerous key market players. The region accounted for the largest market share in 2023 and is expected to maintain its dominance throughout the forecast period. Meanwhile, the Asia Pacific region is anticipated to exhibit the highest CAGR, driven by increasing investments in biotechnology and pharmaceutical research, expanding healthcare infrastructure, and the rising adoption of bioinformatics in emerging economies like China and India. Europe's market growth is also significant, supported by substantial funding for genomic research and a strong focus on precision medicine initiatives.

Lifesciences Data Mining and Visualization are becoming increasingly vital in the bioinformatics software market. As the volume of biological data continues to grow exponentially, the need for sophisticated tools to mine and visualize this data is paramount. These tools enable researchers to uncover hidden patterns and insights from complex datasets, facilitating breakthroughs in genomics, proteomics, and other life sciences fields. The integration of advanced data mining techniques with visualization capabilities allows for a more intuitive

Translational Bioinformatics Market Outlook

According to our latest research, the global translational bioinformatics market size reached USD 4.2 billion in 2024, driven by the increasing integration of computational technologies in biomedical research and healthcare. The market is exhibiting robust growth with a compound annual growth rate (CAGR) of 11.6% from 2025 to 2033. By 2033, the market is forecasted to reach USD 11.4 billion, reflecting the rising demand for data-driven solutions in drug discovery, clinical diagnostics, and personalized medicine. This surge is primarily fueled by the growing adoption of genomics and proteomics in clinical settings, the expansion of precision medicine initiatives, and the escalating need for advanced bioinformatics platforms to handle complex biological datasets.

One of the primary growth factors for the translational bioinformatics market is the exponential increase in biomedical data generated from next-generation sequencing (NGS), genomics, and proteomics research. The need to analyze, interpret, and translate this vast amount of data into clinically actionable insights has made translational bioinformatics solutions indispensable. Healthcare providers and research institutions are increasingly leveraging sophisticated bioinformatics software and platforms to accelerate drug discovery, identify novel biomarkers, and develop targeted therapies. The integration of artificial intelligence (AI) and machine learning (ML) algorithms into bioinformatics tools further enhances the ability to extract meaningful patterns from multidimensional datasets, thereby supporting the precision medicine paradigm and improving patient outcomes.

Another critical driver for the translational bioinformatics market is the growing emphasis on personalized medicine and tailored therapeutics. With the advent of genomics and proteomics, there is a heightened focus on individualized treatment strategies that consider a patientÂ’s genetic makeup, lifestyle, and environmental factors. Translational bioinformatics bridges the gap between basic research and clinical application by providing the computational infrastructure necessary to translate omics data into personalized diagnostics and therapies. The market is also benefiting from increased investments in biomedical research, government initiatives promoting precision healthcare, and strategic collaborations between pharmaceutical companies, academic institutions, and technology providers. These collaborations are fostering innovation and accelerating the adoption of translational bioinformatics solutions across the healthcare ecosystem.

The translational bioinformatics market is also witnessing significant growth due to the rising prevalence of chronic diseases and the urgent need for innovative diagnostic and therapeutic approaches. Chronic conditions such as cancer, cardiovascular diseases, and neurological disorders require comprehensive molecular profiling to inform treatment decisions. Translational bioinformatics enables the integration of diverse data sources, including genomics, proteomics, clinical records, and imaging data, to facilitate a holistic understanding of disease mechanisms. This integrative approach supports the development of novel biomarkers, enhances the efficiency of clinical trials, and expedites the translation of research findings into clinical practice. As a result, healthcare organizations are increasingly adopting translational bioinformatics solutions to improve disease management and patient care.

As the translational bioinformatics market continues to evolve, the concept of Bioinformatics Pipelines as a Service is gaining traction. These pipelines provide a comprehensive framework for processing and analyzing biological data, offering a seamless integration of various bioinformatics tools and resources. By leveraging cloud-based infrastructures, these services enable researchers to automate complex workflows, enhance data reproducibility, and scale their analyses according to project needs. The flexibility and efficiency of Bioinformatics Pipelines as a Service are particularly beneficial for organizations with limited in-house bioinformatics expertise, allowing them to focus on their core research objectives while accessing cutting-edge computational resources. This approach not only accelerates the pace of discovery but also democratizes access to advanced bioinformatics capabilities

Bioinformatics Services Market size was valued at USD 11.1 Billion in 2023 and is projected to reach USD 3.58 Billion by 2031, growing at a CAGR of 15.06% from 2024-2031.Bioinformatics Services Market: Definition/ OverviewBioinformatics services cover a wide range of computational tools and methods for managing, analyzing, and interpreting biological data. These services enable the integration of data from domains such as genomics, proteomics, transcriptomics, and metabolomics to provide insights into biological systems. Drug discovery, customized medicine, gene sequencing, and biological data management are some of the most important applications of bioinformatics. Researchers and healthcare professionals use these services to analyze big datasets, detect disease markers, and develop tailored medicines, considerably improving the precision and efficiency of life science research.

Bioinformatics Market Outlook

According to our latest research, the global bioinformatics market size reached USD 16.2 billion in 2024, exhibiting robust expansion driven by growing demand across various life science applications. The market is anticipated to maintain a strong momentum, registering a CAGR of 12.6% during the forecast period, and is projected to achieve a value of USD 47.3 billion by 2033. This significant growth is primarily fueled by advancements in genomics and proteomics, the proliferation of high-throughput sequencing technologies, and the rising integration of artificial intelligence and machine learning in biological data analysis. As per our latest research, the increasing need for efficient data management and analysis in drug discovery, personalized medicine, and agricultural biotechnology continues to propel the global bioinformatics market forward.

One of the core growth drivers for the bioinformatics market is the exponential rise in biological data generation, particularly from next-generation sequencing (NGS) platforms. As sequencing costs have plummeted and throughput has soared, researchers and organizations across academia, healthcare, and agriculture are generating vast amounts of genomic, proteomic, and metabolomic data. This deluge of information necessitates robust bioinformatics tools and platforms for storage, retrieval, analysis, and interpretation. The capability to translate raw biological data into actionable insights for disease research, crop improvement, and environmental monitoring has made bioinformatics indispensable. Furthermore, collaborations between biotechnology companies, academic institutions, and IT firms are fostering innovation in software and algorithm development, amplifying the market’s growth trajectory.

Another significant growth factor is the integration of artificial intelligence (AI) and machine learning (ML) within bioinformatics platforms. AI-driven analytics are revolutionizing the way researchers interpret complex biological datasets, enabling more accurate predictions in genomics, drug discovery, and personalized medicine. The ability of ML algorithms to identify patterns, predict molecular interactions, and automate data processing is enhancing the efficiency and reliability of bioinformatics workflows. Moreover, the increasing adoption of cloud-based bioinformatics solutions is democratizing access to powerful computational resources, allowing small and medium enterprises (SMEs) and academic labs to leverage advanced analytics without heavy infrastructure investments. These technological advancements are expected to further accelerate market expansion over the coming years.

The growing focus on personalized medicine and precision healthcare is also catalyzing the demand for bioinformatics. Healthcare providers and pharmaceutical companies are increasingly utilizing bioinformatics tools to tailor treatments based on individual genetic profiles, leading to improved patient outcomes and reduced adverse effects. In drug discovery, bioinformatics accelerates target identification, biomarker discovery, and candidate screening, shortening development timelines and reducing costs. Furthermore, bioinformatics is playing a pivotal role in agricultural biotechnology, helping researchers develop genetically modified crops with enhanced traits, improved yield, and resistance to diseases. The convergence of these diverse applications underscores the strategic importance of bioinformatics across multiple sectors.

From a regional perspective, North America continues to lead the global bioinformatics market, supported by a well-established biotechnology industry, significant R&D investments, and favorable government initiatives. The United States, in particular, is home to several leading bioinformatics companies and research institutions, driving innovation and adoption. Europe follows closely, with strong contributions from countries like Germany, the UK, and France, where collaborative research projects and public-private partnerships are prevalent. Meanwhile, the Asia Pacific region is witnessing the fastest growth, propelled by expanding genomics research, increasing healthcare expenditures, and a surge in government funding for life science initiatives, particularly in China, India, and Japan.

Product & Service Analysis

The product & service segment of the bioinformatics market is broadly categorized into software, hardware, and

The size of the Bioinformatics Market was valued at USD 20.72 USD Billion in 2023 and is projected to reach USD 64.45 USD Billion by 2032, with an expected CAGR of 17.6% during the forecast period. Recent developments include: October 2023 – Bionl, Inc., a pioneering company in biomedical and bioinformatics research, launched a no-code biomedical research platform that enables researchers, students, and professionals to investigate biomedicine using natural language queries., October 2023 – BioBam Bioinformatics launched OmicsBox 3.1 to empower researchers, scientists, and bioinformaticians in their pursuit of advanced omics data analysis and interpretation., April 2023 – Absci Corp. collaborated with Aster Insights (formerly named M2GEN) to expedite the development of new cancer medicines., December 2022 – Analytical Biosciences Limited partnered with Mission Bio to co-develop bioinformatics packages for translational and clinical research applications in hematological cancers., April 2022 – ATCC signed an agreement with QIAGEN to provide sequencing data from its collection of biological data. QIAGEN Digital Insights aims to establish a database from this information to develop and deliver high-value digital biology content for the biotechnology and pharmaceutical industries.. Key drivers for this market are: Increased Funding for Genomics Research to Surge Demand for Bioinformatic Solutions. Potential restraints include: Increased Funding for Genomics Research to Surge Demand for Bioinformatic Solutions. Notable trends are: Increased Funding for Genomics Research to Surge Demand for Bioinformatic Solutions.

This graph shows how the impact factor of ^ is computed. The left axis depicts the number of papers published in years X-1 and X-2, and the right axis displays their citations in year X.

The global bioinformatics market is expected to rise from USD 18.7 billion in 2025 to around USD 58.1 billion by 2035, reflecting a CAGR of 12% during the forecast period. The market is undergoing substantial transformation driven by advancements in next-generation sequencing, AI-powered analytics, and rapid data generation from genomics and proteomics.

Exploring Top Countries Driving Innovation, Adoption, and Delivery of Bioinformatics Solutions

The size of the Bioinformatics Platforms Market market was valued at USD 16.36 Million in 2023 and is projected to reach USD 27.93 Million by 2032, with an expected CAGR of 7.94% during the forecast period. Recent developments include: In June 2022, California's biotechnology research startup LatchBio launched an end-to-end bioinformatics platform for handling big biotech data to accelerate scientific discovery., In March 2022, ARUP launched Rio, a bioinformatics pipeline and analytics platform for better, faster next-generation sequencing test results.. Key drivers for this market are: Increasing Demand for Nucleic Acid and Protein Sequencing, Increasing Initiatives from Governments and Private Organizations; Accelerating Growth of Proteomics and Genomics; Increasing Research on Molecular Biology and Drug Discovery. Potential restraints include: Lack of Well-defined Standards and Common Data Formats for Integration of Data, Data Complexity Concerns and Lack of User-friendly Tools. Notable trends are: Sequence Analysis Platform Segment is Expected Hold a Significant Share Over the Forecast Period.