Bioinformatics Market Size, Share, Industry, Forecast and outlook (2024-2031)

Bioinformatics is a field that uses computational tools to analyze biological data, such as DNA and protein sequences.

Bioinformatics is used in various fields, including personalized medicine, drug discovery, disease research, and agriculture.

The increasing adoption of genomics, AI integration for data analysis, and big data management are key drivers of the bioinformatics market growth.

The genomics segment dominates the bioinformatics market, accounting for roughly 34.3% of the share. This is driven by factors like lower sequencing costs, wider applications in personalized medicine, and the increasing demand for processing vast amounts of genomic data.