Bioinformatics Market Growth, Trends, & Key Insights | Industry Analysis 2025| Top key players - Qiagen NV, Agilent Technologies, PerkinElmer.

The latest report published by DataM Intelligence highlights the growth prospects of Bioinformatics market. The industry expansion is majorly driven by developments in technology across the globe.

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The Global Bioinformatics Market size reached USD 11.4 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 29.1 billion by 2031. The global bioinformatics market is expected to exhibit a CAGR 12.8% during the forecast period (2024-2031).

The Bioinformatics Market focuses on using technology and data analysis to understand biological processes and systems. It combines biology, computer science, and statistics to interpret vast amounts of biological data, like DNA sequences. This growing field supports drug discovery, personalized medicine, and genetic research, driving advancements in healthcare and life sciences.

Competitive Evaluation:

Companies covered in this report are Illumina Inc., Thermo Fischer Scientific, Qiagen NV, Agilent Technologies, PerkinElmer, Celera Corporation, Dassault Systèmes, Data4Cure, Geneva Bioinformatics SA, and Lineage Cell Therapeutics, among Others.

The Bioinformatics Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

On April 4, 2023, Absci Corporation, a leader in generative AI drug creation, partnered with M2GEN, an oncology bioinformatics company known for its advanced clinicogenomics data. The collaboration aims to accelerate the development of new cancer therapies by combining Absci's AI-driven drug creation platform, ORIEN AVATAR, with M2GEN's clinical and molecular data sets. This partnership is focused on enhancing the speed and precision of developing treatments for various cancers, addressing diverse patient profiles, and leveraging AI in the fight against cancer.

On March 30, 2023, Watershed Informatics, which specializes in a multi-omics insight platform for biopharmaceutical discovery teams, announced the completion of a $14.5 million Series A funding round. Led by Canvas Ventures, with participation from existing investors Bessemer Venture Partners and Accomplice Ventures, the funding will help Watershed accelerate its product development and commercial traction. This investment is intended to transform how researchers discover new drugs through the use of multi-omics insights.

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Bioinformatics Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Product & Services Type: Knowledge Management Tools, Bioinformatics Platforms, Services.

By Application: Genomics, Gene Engineering, Drug Development, Omics, Personalized Medicine, Others.

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Bioinformatics market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

In terms of geographical analysis, Bioinformatics Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Bioinformatics industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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