Global Bioinformatics Market Growth (Status and Outlook) 2023-2029

Global Bioinformatics Market Growth (Status and Outlook) 2023-2029

Bioinformatics is an interdisciplinary field that develops methods and software tools for understanding biological data. As an interdisciplinary field of science, bioinformatics combines biology, computer science, mathematics and statistics to analyze and interpret biological data. Bioinformatics has been used for in silico analyses of biological queries using mathematical and statistical techniques.

LPI (LP Information)' newest research report, the “Bioinformatics Industry Forecast” looks at past sales and reviews total world Bioinformatics sales in 2022, providing a comprehensive analysis by region and market sector of projected Bioinformatics sales for 2023 through 2029. With Bioinformatics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bioinformatics industry.

This Insight Report provides a comprehensive analysis of the global Bioinformatics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bioinformatics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bioinformatics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bioinformatics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bioinformatics.

The global Bioinformatics market size is projected to grow from US$ 6682.7 million in 2022 to US$ 11830 million in 2029; it is expected to grow at a CAGR of 8.5% from 2023 to 2029.

United States market for Bioinformatics is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Bioinformatics is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Bioinformatics is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Bioinformatics players cover Thermo Fisher Scientific (US), Agilent Technologies (US), Illumina Inc (US), QIAGEN (Netherlands), Partek (US), BGI (China), Waters Corporation (US), Sophia Genetics (Switzerland) and Wuxi NextCODE (China), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Bioinformatics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Knowledge Management Tools
Data Analysis Platforms

Segmentation by application
Genomics
Chemoinformatics and Drug Design
Proteomics
Transcriptomics
Metabolomics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermo Fisher Scientific (US)
Agilent Technologies (US)
Illumina Inc (US)
QIAGEN (Netherlands)
Partek (US)
BGI (China)
Waters Corporation (US)
Sophia Genetics (Switzerland)
Wuxi NextCODE (China)
Eurofins Scientific (Luxembourg)
DNASTAR (US)

Please note: The report will take approximately 2 business days to prepare and deliver.