Press release
Australia Bioinformatics Market Size, Share, Trends and Forecast by 2033
australia bioinformatics market
The report includes competitor and regional analysis, along with a breakdown of segments within the industry. The Australia bioinformatics market size reached USD 389.20 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,297.97 Million by 2033, exhibiting a growth rate (CAGR) of 12.80% during 2025-2033.
Base Year: 2024
Forecast Years: 2025-2033
Historical Years: 2019-2024
Market Size in 2024: USD 389.20 Million
Market Forecast in 2033: USD 1,297.97 Million
Market Growth Rate (2025-2033): 12.80%
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Australia Bioinformatics Market Overview
The bioinformatics industry in Australia is growing at a quick pace and this growth stage is dominated by the continued advancements in genomic research, increased use of next generation sequencing (NGS) technologies, rising personalized medicine sector, and increasing government support in health & biotechnology spending. The Australian bioinformatics industry is seeing the emergence of new bioinformatics solutions which support advancements in research, diagnostics and drug discovery.
Australia Bioinformatics Market Trends and Drivers
This section presents an overview of recent developments in bioinformatics in Australia and abroad, notably in:
• The application of AI and ML: Artificial intelligence (AI) and machine learning (ML) are impacting the practice of bioinformatics, ensuring the manipulation, analysis and interpretation of large biological data sets takes place rapidly and with greater accuracy. These technologies are essential for successfully diagnosing and treating diseases, and for efficiently developing drugs and therapies, especially in applications dealing with genomic data, finding biomarkers, and advancing precision healthcare.
• Expanding next-generation sequencing (NGS)/high-throughput sequencing (HTS): NGS goes beyond simply sequencing; they allow sequencing DNA and RNA on a massive scale. They are allowing researchers in Australia to catalyze significant discovery in personalized medicine, diagnosing diseases via DNA sequencing, and agricultural biotechnology. The Australian Government's investment of AUD$5.9 million in another new round of funding (2024) for Australian Genomics signals Australia's commitment to NGS integration into healthcare and research.
• Government strategic programs, research collaboratives, and funding allocations for bioinformatics: The Australian Government has programs, such as the Medical Research Commercialization Initiative (AUD$450 million for 2024-2034), which will invest in early-stage health and medical research, including bioinformatics. Collaborating strategically between the government, research centers, and businesses is advancing the adaption of data interoperability and standardization and has the potential to enhance innovation in bioinformatics approaches and technologies.
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Australia Bioinformatics Market Segmentation
By Product and Service:
• Knowledge Management Tools (Generalized and Specialized)
• Bioinformatics Platforms (Surgical Simulation, Sequence Analysis, Alignment and Manipulation, Structural and Functional Analysis, Others)
• Bioinformatics Services (Data Analysis, Database Management, Others)
By Application:
• Genomics
• Chemoinformatic and Drug Design
• Proteomics
• Transcriptomics
• Metabolomics
• Others
By End Use Sector:
• Medical Biotechnology
• Academics
• Animal Biotechnology
• Agricultural Biotechnology
• Environmental Biotechnology
• Forensic Biotechnology
• Others
By Region:
• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia
Australia Bioinformatics Market News
• 2024: Australian Government grants AUD$5.9 million to Australian Genomics for advancing NGS and genomic technologies in healthcare.
• 2024-2034: Medical Research Commercialization Initiative allocates AUD$450 million to support bioinformatics and early-stage medical research.
• Ongoing: Expansion of AI, ML, and NGS applications in clinical and research environments, driving new discoveries and improved healthcare outcomes.
Report Data (Key Highlights)
• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Competitive Landscape Mapping
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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About Us
IMARC Group is a leading market research company that provides management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our solutions include comprehensive market intelligence, custom consulting, and actionable insights to help organizations make informed decisions and achieve sustainable growth.
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