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Bionl.AI Platform Revolutionizes Biomedical Research Industry Trends Gaining Momentum in the Global AI In Bioinformatics Market
AI In Bioinformatics
AI In Bioinformatics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for AI in bioinformatics has seen a dramatic expansion in the past few years. The market, which was valued at $4.3 billion in 2024, is projected to reach $6.14 billion in 2025, reflecting a compound annual growth rate (CAGR) of 42.9%. The significant growth observed in the historic period can be ascribed to factors such as the greater accessibility of genomic data, the emergence of precision medicine, the need for biomarker discovery, enhancements in clinical trial optimization, and heightened collaboration efforts.
AI In Bioinformatics Market Size Forecast: What's the Projected Valuation by 2029?
In the upcoming years, the AI in bioinformatics market is projected to expand significantly and is anticipated to reach a worth of $26.15 billion in 2029, growing at a compound annual growth rate (CAGR) of 43.7%. This surge during the forecast period can be traced back to factors such as the broadening scope of single-cell technologies, increased importance of multi-omics integration, a rising focus on functional genomics, quickening of drug repurposing, and boosted use of AI in pathology. Some major trends anticipated during this forecast period include adopting ethical AI and responsible data use, establishment of AI-equipped virtual labs, introduction of quantum computing integrations, AI-led clinical trials, and the application of blockchain for secure data exchange.
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What Are the Drivers Transforming the AI In Bioinformatics Market?
The rise in clinical trials is anticipated to fuel the expansion of AI in the bioinformatics sector. Clinical trials are rigorously structured processes that conduct medical research involving human participants to assess the safety, efficacy, and performance of novel medical interventions, treatments, drugs, devices, or therapeutic strategies. AI is utilized in bioinformatics and clinical trials to examine patient data from electronic health records and other sources. This allows the identification of potential participants for clinical trials who meet particular criteria, thereby enhancing recruitment efficiency and targeting. For example, Xtalks, a life science and medical device platform based in Canada, stated in May 2023 that there were 452,604 registered clinical trials worldwide on ClinicalTrials.gov. Among them, 64,838 trials are actively looking for participants. Additionally, the number of registered trials has seen a significant surge from over 365,000 that were recorded at the start of 2021. As a result, the surge in the volume of clinical trials is contributing to the growth of AI in the bioinformatics sector.
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Which Fast-Growing Trends Are Poised to Disrupt the AI In Bioinformatics Market?
Prominent organisations in the AI in bioinformatics sector are turning to technological advancements via the Bionl.AI platform to bolster their market profitability. Bionl.AI provides a comprehensive workspace for exploration, evaluation, and visual representation, drastically reducing the time taken for elaborate tasks from several days to mere minutes. For example, in October 2023, Bionl Inc., an American firm specializing in bioinformatics and biomedical research, introduced Bionl.AI, an innovative platform oriented towards transforming the landscape of biomedical and bioinformatics research. Its groundbreaking no-code solution encourages researchers, scholars, and professionals to explore biomedicine through the use of natural language inquiries. The platform takes advantage of cutting-edge GenAI models to facilitate immediate insights and render intricate analysis both user-friendly and captivating.
Which Segments in the AI In Bioinformatics Market Offer the Most Profit Potential?
The ai in bioinformatics market covered in this report is segmented -
1) By Type: Machine Learning, Deep Learning, Other Types
2) By Offering: Services, Software
3) By Application: Genomics, Chemoinformatics And Drug Design, Proteomics, DNA Sequencing, System Biology, Transcriptomics, Text Mining, Microarrays, Metabolomics, Other Applications
Subsegments:
1) By Machine Learning: Supervised Learning Algorithms, Unsupervised Learning Algorithms, Reinforcement Learning
2) By Deep Learning: Neural Networks, Natural Language Processing Models, Generative Adversarial Networks (GANs)
3) By Other Types: Statistical Models, Evolutionary Algorithms, Fuzzy Logic Systems
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Which Firms Dominate the AI In Bioinformatics Market by Market Share and Revenue in 2025?
Major companies operating in the AI in bioinformatics market report are Thermo Fisher Scientific Inc., Eurofins Scientific SE, Dassault Systèmes SE, Illumina Inc., NeoGenomics Laboratories Inc., QIAGEN N.V., SomaLogic Operating Co. Inc., Seven Bridges Genomics Inc., Genialis Inc., SOPHiA GENETICS SA, DNAnexus Inc., Insilico Medicine Inc., Deep Genomics Inc., Biomax Informatics Inc., Ardigen SA, Strand Life Sciences Pvt. Ltd., Genomenon Inc., SourceBio International Limited, Fios Genomics Limited, CelbridgeScience, BlueBee Holding BV, JADBio, Elucidata Corporation, Gnosis DA, DNASTAR Inc., iNDX.Ai, Paige AI Inc.
Which Regions Offer the Highest Growth Potential in the AI In Bioinformatics Market?
North America was the largest region in the AI in bioinformatics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI in bioinformatics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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