openPR Logo
Press release

Bioinformatics Market - Size, Trends & Industry Research

01-24-2024 08:50 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research®

Meticulous Research® Unveils Comprehensive Insights in its Latest Report: 'Bioinformatics Market by Solutions & Services, Application, and Industry - Global Forecast to 2030'

Meticulous Research®, a globally acclaimed market research firm, has recently released an in-depth report titled 'Bioinformatics Market by Solutions & Services (Knowledge Management, Platforms, Sequence Analysis, Services, Data Analysis), Application (Genomics, Metabolomics, Transcriptomics), Industry (Healthcare, Veterinary, Agriculture) Global Forecast to 2030'.

Request Free Research Report Sample @
https://www.meticulousresearch.com/request-sample-report/cp_id=5731?utm_source=openpr&utm_medium=paid&utm_campaign=product&utm_content=24-01-2024

The report forecasts a robust growth trajectory for the bioinformatics market, projecting a Compound Annual Growth Rate (CAGR) of 13.3% from 2023 to reach an estimated valuation of $27.98 billion by 2030. The significant surge in the biotech and pharmaceutical sectors, combined with initiatives supporting genomics research and an escalating demand for innovative drugs and drug molecules, propels this market's growth. However, challenges stemming from interoperability limitations in bioinformatics analytical platforms, attributed to diverse data types, pose a restraint on the market's expansion.

Emerging economies present untapped markets, and the expanding clinical applications of genomic technologies, along with the heightened use of bioinformatics in agriculture, are anticipated to create lucrative opportunities for market players. Nonetheless, the market faces substantial hurdles in the form of data privacy concerns and confidentiality issues, coupled with a shortage of skilled bioinformaticians.

Key Industry Players

Leading the charge in the bioinformatics market are prominent players such as Illumina, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Qiagen N.V., Agilent Technologies, Inc., Dassault Systèmes SE, Eurofins Genomic LLC, Revvity, Inc., Azenta, Inc., and DNAnexus, Inc.

TOP 10 COMPANIES IN BIOINFORMATICS MARKET @ https://meticulousblog.org/top-10-companies-in-bioinformatics-market/?utm_source=openpr&utm_medium=paid&utm_campaign=product&utm_content=24-01-2024

Bioinformatics Market: A Glimpse into the Future

The global bioinformatics market is meticulously dissected across various parameters, including solutions & services (knowledge management software, bioinformatics platforms, and services), application (genomics, chemoinformatics, proteomics, transcriptomics, metabolomics, and other applications), industry (healthcare, veterinary, agriculture, and other industries), and geography.

In the realm of solutions & services, the knowledge management software segment is poised to dominate the market in 2023. The proliferation of genomic datasets, heightened adoption of precision medicine, increased investments in pharmaceutical R&D, and expanding research applications in genomics across diverse sectors, including agriculture, clinical decision-making, and predictive medicine, bolster the segment's prominence. Leveraging artificial intelligence (AI) and machine learning (ML) technologies, knowledge management software is at the forefront, identifying intricate patterns, correlations, and new insights within extensive datasets through techniques like data mining and AI-driven analytics.

Speck to our analyst @ https://www.meticulousresearch.com/speak-to-analyst/cp_id=5731?utm_source=openpr&utm_medium=paid&utm_campaign=product&utm_content=24-01-2024

The application segment is vividly stratified into genomics, chemoinformatics, proteomics, transcriptomics, metabolomics, and other applications. The proteomics segment is expected to exhibit the fastest CAGR during the forecast period. The segment's growth is underpinned by the crucial role of proteomics in studying cancer, neurodegenerative disorders, and metabolic diseases, coupled with a global surge in disease prevalence. Notably, research initiatives in proteomics, such as the study conducted by the National Institute on Aging and Johns Hopkins University School of Medicine in 2023, contribute to our understanding of protein biomarkers linked to early-onset dementia.

Segmented by industry, the healthcare sector is anticipated to command the largest market share in 2023. This dominance is attributed to substantial investments in the research and development of new drugs and biologics by pharmaceutical and biotech entities, coupled with the global burden of chronic diseases. The ascendancy of precision medicine, characterized by treatment decisions based on individual genetic makeup and lifestyle habits, further propels the healthcare segment. The advantages offered by precision medicine, such as increased approvals for personalized medicine, are evident in the shift observed in 2021, where approvals for personalized medicine constituted 35% of total new molecular and cell-based therapies, up from 25% in 2019.

Download Free Research PDF @
https://www.meticulousresearch.com/download-sample-report/cp_id=5731?utm_source=openpr&utm_medium=paid&utm_campaign=product&utm_content=24-01-2024

Geographic Landscape

The research report provides an exhaustive analysis of major geographies, covering North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and RoE), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America (Brazil Mexico, and RoLATAM), and the Middle East & Africa. North America is poised to lead the bioinformatics market in 2023, followed closely by Europe and Asia-Pacific. Favorable government initiatives, the burgeoning applications of genomic research, cost-effective sequencing, heightened research investments by pharmaceutical and biopharmaceutical companies, and the rising adoption of precision cancer medicine contribute to North America's prominent market share.

Contact Us:
Meticulous Market Research Pvt Ltd
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.
Phone: +9102066394988

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bioinformatics Market - Size, Trends & Industry Research here

News-ID: 3361090 • Views:

More Releases from Meticulous Research®

Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Direct Air Capture Market: Transforming Carbon Removal for a Net-Zero Future
Introduction The global Direct Air Capture (DAC) market has entered a period of rapid transformation as nations, industries, and corporations intensify their efforts to achieve net-zero emissions. Valued at $136.5 million in 2024, the market is projected to grow significantly, reaching approximately $6.93 billion by 2035. This expansion, driven by a remarkable compound annual growth rate (CAGR) of 43.3% between 2025 and 2035, highlights the growing importance of DAC technologies in
European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
European Direct-to-Consumer Genetic Testing Market Outlook 2025-2035
Introduction The European direct-to-consumer (DTC) genetic testing market is expanding at a remarkable pace, reflecting rising consumer interest in personalized healthcare and genetic insights. Valued at $464 million in 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 23.3%, reaching nearly $3.78 billion by 2035. This growth underscores how advances in genomic sequencing, combined with increasing health awareness, are reshaping the healthcare and wellness landscape
Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Peer-to-Peer Energy Trading Platforms Market Outlook 2025-2035
Introduction The global peer-to-peer (P2P) energy trading platforms market is undergoing rapid transformation as new technologies reshape how energy is generated, distributed, and traded. Valued at $138 million in 2024, the market is projected to grow significantly, reaching nearly $2.34 billion by 2035. This growth, at a compound annual growth rate (CAGR) of 29.7% from 2025 to 2035, highlights the increasing adoption of decentralized energy solutions and digital platforms that empower
Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Dermoscopy and Skin Visualization Devices Market Outlook to 2035
Introduction The global dermoscopy and skin visualization devices market is entering a phase of rapid transformation, driven by the increasing need for early detection of skin conditions and the rising incidence of skin cancer worldwide. Valued at $1.33 billion in 2024, the market is expected to reach nearly $3.3 billion by 2035, expanding from an estimated $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 8.7% during the

All 5 Releases


More Releases for America

Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit …
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the ease
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth