Bioinformatics Service Market
Bioinformatics Service Market Study by Sequencing, Data Storage & Management, Data Analysis, and Drug Discovery from 2024 to 2034
Analysis of Bioinformatics Service Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bioinformatics Service Market Outlook (2024 to 2034)
The global bioinformatics service market size is pegged at US$ 4.28 billion in 2024, according to a new study published by Fact.MR. Global demand for bioinformatics services is predicted to accelerate at a CAGR of 14.7% and reach a market value of US$ 16.94 billion by the end of 2034.
Increasing R&D activities in genomics are predicted to become more integral in the healthcare sector. There is an increased requirement for bioinformatics services to interpret and analyze vast amounts of genomic data. Growing demand for bioinformatics services is predicted to be driven by several applications in drug discovery and personalized medicine.
Constant technological advancements taking place in high-throughput sequencing technologies, including NGS (next-generation sequencing), along with developments in computational algorithms and tools are predicted to stimulate requirements for specialized bioinformatics. These advancements are predicted to enable more efficient and accurate analysis of biological data.
- Global demand for bioinformatics for drug development is projected to increase at 14.6% CAGR and reach a market value of US$ 3.73 billion by the end of 2034.
- East Asia is predicted to contribute 15.7% of the bioinformatics service market share by 2034.
- Sales of bioinformatics services in the United States are projected to advance at 13.5% CAGR and reach US$ 4.4 billion by 2034-end.
Noteworthy shift to precision medicine, which includes customized medical treatment according to individual characteristics such as genetics, is predicted to stimulate demand for bioinformatics services for the interpretation of genomic information for disease prognosis, diagnosis, and treatment. The biotech and pharmaceutical sectors rely heavily on bioinformatics for drug development, optimization, and discovery. Rising number of partnerships and collaborations between these bioinformatics service providers and industries is predicted to contribute to market expansion.
Increasing volume, complexity, and diversity of biological data is predicted to create challenges in data integration, storage, and management. Bioinformatics provides facilities for efficient handling and analysis of big data with improved efficiency.
| Report Attributes | Details |
|---|---|
| Bioinformatics Service Market Size (2024E) | US$ 4.28 Billion |
| Forecasted Market Value (2034F) | US$ 16.94 Billion |
| Global Market Growth Rate (2024 to 2034) | 14.7% CAGR |
| North America Market Share (2034F) | 29.4% |
| Japan Market Growth Tate (2024 to 2034) | 14% CAGR |
| Canada Market Value (2034F) | US$ 405.8 Million |
| Sequencing Segment Market Share (2034F) | 39.9% |
| Key Companies Profiled |
|
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Why is Demand for Bioinformatics Services Increasing at a Prolific Pace?
“Significant Decrease in Prices of Genome Sequencing”
Prices of genome sequencing are forecasted to decrease significantly during the assessment period from 2024 to 2034. This is attributed to technological advancements taking place in this space. The easy availability of efficient, modern, and accurate systems at economical prices and reduced sequencing costs are predicted to lead to a considerable increase in the adoption of the latest and more advanced sequencing technologies.
“Collaborations Between Pharmaceutical and IT Companies to Improve Healthcare Technologies”
Increasing collaborations between pharma and information technology companies are predicted to contribute to the bioinformatics service market growth. The majority of organizations are entering into partnerships and collaborations to innovate and improve pivotal healthcare technologies, which are closely associated with cloud computing. Therefore, the growing collaborations between pharma companies and IT companies are projected to drive market growth.
What Challenges are Prevalent in the Global Market?
“Increasing Data Complexity Adversely Impacting Bioinformatics Service Market Size Growth”
Data explosion owing to the rising number of biological experiments is predicted to generate requirements for a data-driven approach for bioinformatics service providers compared to conventional hypothesis-driven ones. A well-equipped infrastructure is required for high-dimension data storage, processing, retrieval, and analysis, which is predicted to add some additional prices for service providers, thus resulting in an adverse impact on market growth.
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What’s Projected to Help Start-ups Secure a High Market Position?
“Integration of Machine Learning and Artificial Intelligence in Bioinformatics Services”
Integration of machine learning (ML) and artificial intelligence (AI) techniques into bioinformatics services and tools is predicted to enhance their effectiveness in data analysis, predictive modeling, and pattern recognition. These initiatives by start-ups are forecasted to contribute to market expansion while addressing several biological research requirements, thus creating opportunities for them.
Country-wise Insights
North America is predicted to hold 29.4% share of the global market by 2034. This prominence of the region is attributed to a well-established regulatory framework for increased penetration of participants, which is predicted to subsequently generate market revenue. In addition, the establishment of various chemical laboratories, research institutions, etc., is projected to attract informatics service market trends.
Why is Demand for Bioinformatics Services Accelerating in the United States?
“Advancements in Genomic Research and Precision Medicine Initiatives”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1.24 Billion |
| Growth Rate (2024 to 2034) | 13.5% CAGR |
| Projected Value (2034F) | US$ 4.4 Billion |
The United States is forecasted to hold 88.3% share of the North America market by 2034. The United States is operating at the forefront of precision medicine initiatives and genomic research. The growing availability of high-throughput sequencing technologies along with the requirements to analyze higher amounts of genomic data are projected to stimulate demand for bioinformatics services to derive and interpret insights from available data.
Why is There Huge Demand for Bioinformatics Services in China?
“Significant Growth of Pharmaceutical and Biotechnology Sectors”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 228.6 Million |
| Growth Rate (2024 to 2034) | 17.1% CAGR |
| Projected Value (2034F) | US$ 1.1 Billion |
The pharmaceutical and biotechnology sectors are expanding at a rapid pace in China. The requirements for bioinformatics services are pivotal in drug development, discovery, and optimization of treatments. A significant expansion of these sectors leads to an increased demand for bioinformatics expertise in data interpretation and analysis.
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Category-wise Insights
Worldwide demand for bioinformatics services for drug development is predicted to increase significantly, as per the study published by Fact.MR, a market research and competitive intelligence provider. Bioinformatics ensures the identification of biomarkers, which are closely associated with diseases. Getting a deep understanding of these biomarkers is projected to aid in the development of targeted therapies and personalized medicines.
Which Type of Bioinformatics Service is Gaining Prominence across the World?
“Constant Advancements Taking Place in Genomics Propelling Demand for Sequencing Technology”
| Attribute | Sequencing |
|---|---|
| Segment Value (2024E) | US$ 1.74 Billion |
| Growth Rate (2024 to 2034) | 14.5% CAGR |
| Projected Value (2034F) | US$ 6.75 Billion |
Significant advancements are taking place in genomic research, which is predicted to generate requirements for sequencing technology for a better understanding of genetic mutations, variations, and their implications in disease, health, agriculture, and several other fields. In addition, the price of sequencing is predicted to decrease, therefore ensuring its accessibility to clinicians, researchers, and industries. The pocket-friendly nature of sequencing technologies is projected to lead to their increased adoption and installation.
Constant innovations taking place in sequencing technologies, such as single-cell sequencing and next-generation sequencing, are forecasted to lead to improved accuracy and speed of sequencing. These advancements are projected to make them more effective for genomic studies conducted on a larger scale.
Why Need for Bioinformatics Services Increasing for Drug Development?
“Adoption of Bioinformatics Services Facilitating Development of More Effective and Safer Drugs”
| Attribute | Drug Development |
|---|---|
| Segment Value (2024E) | US$ 953.5 Million |
| Growth Rate (2024 to 2034) | 14.6% CAGR |
| Projected Value (2034F) | US$ 3.73 Billion |
The drug development segment is predicted to hold 22% share of the global market by 2034. Advancements taking place in biotechnology are predicted to lead to the explosion of biological data, which is generated from several sources, such as proteomics, genomics, metabolomics, and others. Bioinformatics contributes significantly to the management, analysis, and interpretation of these massive datasets, thus aiding in drug discovery.
Bioinformatics tools assist in the identification of potential drug targets while analyzing protein structures, genomic data, and biological pathways. This is projected to accelerate the procedure of selecting and validating respective drug targets, thereby enhancing the process of drug discovery.
Competitive Landscape
The market for bioinformatics services is highly competitive because of the presence of some prominent players. Key players in the market are minimizing drug development expenses while shifting their focus from software outsourcing to offering in-house solutions. Furthermore, ensuring quality control of products and new developments are predicted to help players get a competitive edge.
Leading players in the bioinformatics service market are Illumine, Inc., Strand Life Sciences, Inc., Thermo Fisher Scientific, CD Genomics, DNANEXUA, INC., Biomax Informatics AG, Agilent Technologies, Inc., Gener Codes Corporation, BGI Group, QIAGEN N.V., PerkinElmer Inc., Biomatters Geneious, Premier Biosoft, Creative-Biolabds, GSL Biotech LLC, DNASTAR, and FIOS Genomics
Segmentation of Bioinformatics Service Market Research
-
By Service Type :
- Sequencing
- Data Storage & Management
- Data Analysis
- Drug Discovery
- Others
-
By Application :
- Drug Development
- Molecular Medicine
- Microbial Genome Applications
- Gene Therapy
- Veterinary Science
- Forensic Analysis
- Others
-
By End Use :
- Academic & Research Centers
- Pharmaceuticals & Biotechnology
- Forensic Laboratories
- Others
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
1. Global Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Global Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Impact Benchmark with Previous Crisis 3.1.1.1. Change in Demand 3.1.1.2. Before and After COVID-19 Crisis (Projected) 3.1.1.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.1.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.2. Impact on Market and Value (US$ Mn) 3.1.2.1. Likely Loss of Value in 2023 3.1.2.2. Mid-term and Long-term Forecasts 3.1.2.3. Quarter by Quarter Demand and Recovery Assessment 3.1.3. Anticipated Demand and Value Recovery Curve 3.1.3.1. Likelihood of U-Shape Recovery 3.1.3.2. Likelihood of L-Shape Recovery 3.1.4. Recovery Period Assessment by Key Countries 3.1.5. Recovery Assessment by Key Market Segments 3.1.6. Action Points and Recommendations for Suppliers 3.1.7. Impact on Trade Balance 3.2. Key Trends Impacting the Market 3.3. Formulation and Service Type Development Trends 4. Market Background and Foundation Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. – Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of Bioinformatics Service 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Market Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034 5.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023 5.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Service Type 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Service Type, 2018 to 2023 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Service Type, 2024 to 2034 6.3.1. Sequencing 6.3.2. Data Storage & Management 6.3.3. Data Analysis 6.3.4. Drug Discovery 6.3.5. Others 6.4. Market Attractiveness Analysis By Service Type 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Application 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Application, 2018 to 2023 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2024 to 2034 7.3.1. Drug Development 7.3.2. Molecular Medicine 7.3.3. Microbial Genome Applications 7.3.4. Gene Therapy 7.3.5. Veterinary Science 7.3.6. Forensic Analysis 7.3.7. Others 7.4. Market Attractiveness Analysis By Application 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by End Use 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By End Use, 2018 to 2023 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By End Use, 2024 to 2034 8.3.1. Academic & Research Centers 8.3.2. Pharmaceuticals & Biotechnology 8.3.3. Forensic Laboratories 8.3.4. Others 8.4. Market Attractiveness Analysis By End Use 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Region, 2018 to 2023 9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East and Africa (MEA) 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 10.3.1. By Country 10.3.1.1. United States 10.3.1.2. Canada 10.3.2. By Service Type 10.3.3. By Application 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Service Type 10.4.3. By Application 11. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Service Type 11.3.3. By Application 11.3.4. By End Use 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Service Type 11.4.3. By Application 11.4.4. By End Use 12. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. France 12.3.1.3. Italy 12.3.1.4. Spain 12.3.1.5. United Kingdom 12.3.1.6. BENELUX 12.3.1.7. Russia 12.3.1.8. Rest of Europe 12.3.2. By Service Type 12.3.3. By Application 12.3.4. By End Use 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Service Type 12.4.3. By Application 12.4.4. By End Use 13. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 13.3.1. By Country 13.3.1.1. China 13.3.1.2. Japan 13.3.1.3. South Korea 13.3.2. By Service Type 13.3.3. By Application 13.3.4. By End Use 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Service Type 13.4.3. By Application 13.4.4. By End Use 14. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 14.3.1. By Country 14.3.1.1. India 14.3.1.2. Thailand 14.3.1.3. Malaysia 14.3.1.4. Singapore 14.3.1.5. Vietnam 14.3.1.6. ANZ 14.3.1.7. Rest of South Asia & Oceania 14.3.2. By Service Type 14.3.3. By Application 14.3.4. By End Use 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Service Type 14.4.3. By Application 14.4.4. By End Use 15. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 15.3.1. By Country 15.3.1.1. GCC Countries 15.3.1.2. South Africa 15.3.1.3. Israel 15.3.1.4. Rest of Middle East and Africa (MEA) 15.3.2. By Service Type 15.3.3. By Application 15.3.4. By End Use 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Service Type 15.4.3. By Application 15.4.4. By End Use 16. Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Competition Deep Dive 17.4. Illumine, Inc. 17.4.1. Company Overview 17.4.2. Service Type overview 17.4.3. SWOT Analysis 17.4.4. Key Developments 17.5. Strand Life Sciences, Inc. 17.5.1. Company Overview 17.5.2. Service Type overview 17.5.3. SWOT Analysis 17.5.4. Key Developments 17.6. Thermo Fisher Scientific 17.6.1. Company Overview 17.6.2. Service Type overview 17.6.3. SWOT Analysis 17.6.4. Key Developments 17.7. CD Genomics 17.7.1. Company Overview 17.7.2. Service Type overview 17.7.3. SWOT Analysis 17.7.4. Key Developments 17.8. DNANEXUA, INC. 17.8.1. Company Overview 17.8.2. Service Type overview 17.8.3. SWOT Analysis 17.8.4. Key Developments 17.9. Biomax Informatics AG 17.9.1. Company Overview 17.9.2. Service Type overview 17.9.3. SWOT Analysis 17.9.4. Key Developments 17.10. Agilent Technologies, Inc. 17.10.1. Company Overview 17.10.2. Service Type overview 17.10.3. SWOT Analysis 17.10.4. Key Developments 17.11. Gene Codes Corporation 17.11.1. Company Overview 17.11.2. Service Type overview 17.11.3. SWOT Analysis 17.11.4. Key Developments 17.12. BGI Group 17.12.1. Company Overview 17.12.2. Service Type overview 17.12.3. SWOT Analysis 17.12.4. Key Developments 17.13. QIAGEN N.V. 17.13.1. Company Overview 17.13.2. Service Type overview 17.13.3. SWOT Analysis 17.13.4. Key Developments 17.14. PerkinElmer Inc. 17.14.1. Company Overview 17.14.2. Service Type overview 17.14.3. SWOT Analysis 17.14.4. Key Developments 17.15. Biomatters Geneious 17.15.1. Company Overview 17.15.2. Service Type overview 17.15.3. SWOT Analysis 17.15.4. Key Developments 17.16. Premier Biosoft 17.16.1. Company Overview 17.16.2. Service Type overview 17.16.3. SWOT Analysis 17.16.4. Key Developments 17.17. Creative-Biolabs 17.17.1. Company Overview 17.17.2. Service Type overview 17.17.3. SWOT Analysis 17.17.4. Key Developments 17.18. GSL Biotech LLC 17.18.1. Company Overview 17.18.2. Service Type overview 17.18.3. SWOT Analysis 17.18.4. Key Developments 17.19. DNASTAR 17.19.1. Company Overview 17.19.2. Service Type overview 17.19.3. SWOT Analysis 17.19.4. Key Developments 17.20. FIOS Genomics 17.20.1. Company Overview 17.20.2. Service Type overview 17.20.3. SWOT Analysis 17.20.4. Key Developments 18. Assumptions and Acronyms Used 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 2: Global Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 4: Global Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 5: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 7: Global Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 8: Global Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Europe Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 41: Europe Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 43: Europe Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 44: Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 55: East Asia Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 56: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: MEA Market Value (US$ Mn) Analysis, by Service Type, 2018 to 2023
Table 77: MEA Market Value (US$ Mn) Analysis, by Service Type, 2024 to 2034
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Service Type, 2024 to 2034
Table 79: MEA Market Value (US$ Mn) Analysis, by Application, 2018 to 2023
Table 80: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2018 to 2023
Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2024 to 2034
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2024 to 2034
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 4: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 5: Global Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 6: Global Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 7: Global Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 8: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 9: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 52: Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Europe Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 57: Europe Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 58: Europe Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 59: Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 60: Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 61: Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 62: Europe Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 64: Europe Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 68: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 69: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 71: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 72: East Asia Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 73: East Asia Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 74: East Asia Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 75: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 76: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 77: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 78: East Asia Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 80: East Asia Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2024 & 2034
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Application, 2024 & 2034
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Application, 2024 to 2034
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2024 to 2034
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 100: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 101: MEA Market Share Analysis by Country, 2024 & 2034
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 103: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 104: MEA Market Share and BPS Analysis by Service Type, 2024 & 2034
Figure 105: MEA Market Y-o-Y Growth Projections by Service Type, 2024 to 2034
Figure 106: MEA Market Attractiveness Analysis by Service Type, 2024 to 2034
Figure 107: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 108: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 109: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Figure 110: MEA Market Share and BPS Analysis by End Use, 2024 & 2034
Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2024 to 2034
Figure 112: MEA Market Attractiveness Analysis by End Use, 2024 to 2034
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- FAQs -
How big is the bioinformatics service market in 2024?
The global bioinformatics service market is pegged at US$ 4.28 billion in 2024.
What is the sales projection for bioinformatics services for 2034?
Sales of bioinformatics solutions are projected to reach US$ 16.94 billion by the end of 2034.
At what rate is the demand for bioinformatics services forecasted to rise?
Demand for bioinformatics services is forecasted to accelerate at a CAGR of 14.7% from 2024 to 2034.
What portion of the market is expected to be held by North America?
North America is projected to account for 29.4% share of the global market by 2034.
What is the demand projection for bioinformatics services in Canada?
Demand for bioinformatics services in Canada is forecasted to increase at 12.3% CAGR from 2024 to 2034.
At what rate are the sales of bioinformatics services projected to advance in Japan?
Sales of bioinformatics services in Japan are projected to rise at a CAGR of 14.9% from 2024 to 2034.
Bioinformatics Service Market