Artificial Intelligence in Bioinformatics Market Accelerating Growth Driven by Deep Learning and Genomic Sequencing Innovations

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Artificial Intelligence in Bioinformatics Market- (By Offering (Software, Services, Others), By Type (Machine Learning, Deep Learning and Others), By Products and Services (Knowledge Management Tools, Bioinformatics Platforms, Bioinformatic Services), By Application (Genomics, Microarrays, System Biology, Text Mining, Chemoinformatics & Drug Design, Proteomics, Transcriptomics, DNA Sequencing, Metabolomics, Others)), By Sector, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2033."

According to the latest research by InsightAce Analytic, the Global Artificial Intelligence in Bioinformatics Market is valued at US$ 3.97 Mn in 2023, and it is expected to reach US$ 125.3 Mn by 2033, with a CAGR of 42.1% during the forecast period of 2024-2033.

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Artificial intelligence (AI) in bioinformatics entails the utilization of machine learning algorithms and advanced computational methods to analyze and interpret complex biological datasets. By integrating expertise from the biological sciences and information technology, this discipline enhances the effective management, communication, and processing of biological information, thereby supporting diverse applications including biomedical research. Advanced computing infrastructures are essential for the development, maintenance, and analysis of biological databases and large-scale data storage.

The rapid expansion of genomic data has substantially increased the demand for sophisticated bioinformatics solutions capable of delivering precise and efficient data interpretation. This trend is driving the widespread adoption of AI-enabled bioinformatics technologies and services. Furthermore, growing requirements for protein and gene sequencing, along with strategic investments from both governmental and private sectors, are accelerating market growth. Continuous technological progress in genetics, proteomics, drug delivery systems, and molecular biology fosters ongoing innovation within the field. Additionally, emerging advancements in ecological biology and pharmaceutical genomics are contributing to the advancement of personalized medicine, facilitating a transition from conventional disease-focused treatments toward comprehensive, systems-based healthcare approaches.

List of Prominent Players in the Artificial Intelligence in Bioinformatics Market:
• JADBio
• Gnosis Data Analysis
• Fios Genomics
• SOPHiA GENETICS
• Biomax Informatics Inc.
• DNASTAR
• Ardigen (Parent Company Selvita Group)
• Source BioScience
• QIAGEN
• NeoGenomics Laboratories
• CelbridgeScience
• Eurofins Scientific
• Illumina, Inc.
• Thermo Fisher Scientific, Inc.
• Insilico Medicine
• Strand Life Sciences
• Dassault Systèmes
• iNDX.Ai
• Paige AI, Inc.
• SomaLogic Operating Co., Inc.

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Market Dynamics
Drivers:
The rising demand for artificial intelligence within the bioinformatics sector is predominantly driven by increased research and development efforts aimed at assessing the safety, efficacy, and performance of new healthcare treatments, therapeutics, medical devices, and methodologies. AI technologies enhance clinical research efficiency by enabling the comprehensive analysis of large-scale medical datasets sourced from electronic health records and other digital platforms. This capability supports the precise identification of eligible candidates for clinical trials, thereby improving trial quality and outcomes. As the scale and complexity of clinical trials expand, the integration of AI in bioinformatics is becoming essential, thereby accelerating market growth.

Challenges:
The adoption of AI in bioinformatics is impeded by several challenges, notably a shortage of skilled professionals proficient in modern data modeling and advanced analytical methodologies. The shift from conventional statistical approaches to sophisticated AI-driven analytics requires a specialized workforce with advanced expertise. Furthermore, bioinformatics platforms are inherently complex and expensive, demanding careful operation and maintenance. Improper use or system failures can negatively impact the accuracy of biological data interpretation and compromise the integrity of statistical analyses. These ongoing skills shortages and operational complexities represent significant obstacles to broader market penetration.

Regional Trends:
North America is projected to maintain a leading position in the AI-driven bioinformatics market, supported by strong revenue growth and a mature infrastructure for technology adoption. Government initiatives, including substantial funding for bioinformatics research and development, continue to drive regional expansion. The United States is a key contributor, underpinned by ongoing investments in AI-enabled healthcare innovation. Europe is also experiencing rapid market growth, fueled by increased funding for genetic and biomedical research. The continent's emphasis on personalized medicine, alongside advancements in computational technologies and genomic sequencing, is fostering widespread adoption of AI applications in bioinformatics across European markets.

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Recent Developments:
• In January 2024, Eurofins Scientific is expanding its chlor-alkali electrolysis cell rental service in a European trial run with Nobian GmbH and LOGISTEED Europe B.V. The Nobian company, headquartered in North Rhine-Westphalia, Germany, is one of the most prominent European chlor-alkali1 producers.
• In June 2024, Thermo Fisher Scientific Inc. unveiled the first entirely automated mega-scale plasmid nuclear DNA extraction structure. By offering total automation for both micro and macro expand cleaning and supplying high-purity plasmid without the need for mechanical column organizing or instruction, PlasmidPro facilitates development at growth. This is the newest tool in the Thermo Scientific KingFisher gadget lineup, which provides a variety of plasmid DNA extraction solutions to promote uniformity and productivity.

Segmentation of Artificial Intelligence in Bioinformatics Market-
Artificial Intelligence in Bioinformatics Market- By Offering
• Services
• Software
• Others
Artificial Intelligence in Bioinformatics Market- By Type
• Machine Learning
• Deep Learning
• Others
Artificial Intelligence in Bioinformatics Market- By Products and Services
• Bioinformatics Services
• Bioinformatics Platforms
• Knowledge Management Tools
Artificial Intelligence in Bioinformatics Market- By Application
• Genomics
• Chemoinformatics & Drug Design
• Proteomics
• DNA Sequencing
• System Biology
• Transcriptomics
• Text Mining
• Microarrays
• Metabolomics
• Others
Artificial Intelligence in Bioinformatics Market- By Sector
• Medical Biotechnology
• Animal Biotechnology
• Plant Biotechnology
• Environmental Biotechnology
• Forensic Biotechnology
• Others
Artificial Intelligence in Bioinformatics Market- By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/artificial-intelligence-in-bioinformatics-market/2689

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This release was published on openPR.