Towards Healthcare
Bioinformatics Services Market Size Uplifts 14.5% CAGR by 2034

Bioinformatics Services Market Key Drivers and Opportunities

Based on market forecasts, the global bioinformatics services market, projected at USD 3.24 billion in 2024, is expected to reach USD 12.55 billion by 2034, growing at a CAGR of 14.5% over the forecast period. Globally, rising demand for personalized medicine and drug discovery approaches is driving the growth of the market, whereas North America dominated the market share by 46% in 2024, due to growing technological advancements like NGS, which assist in the identification of disease-causing gene mutations.

Category: Healthcare Services Insight Code: 5678 Format: PDF / PPT / Excel

Shivani Zoting

Principal Consultant

Aditi Shivarkar

Reviewed By

The global bioinformatics services market size is calculated at US$ 3.24 in 2024, grew to US$ 3.71 billion in 2025, and is projected to reach around US$ 12.55 billion by 2034. The market is expanding at a CAGR of 14.5% between 2025 and 2034.

Bioinformatics Services Market Size 2024 to 2034

Key Takeaways

  • North America led the bioinformatics services market share by 46% in 2024.
  • Asia Pacific is expected to grow at the fastest CAGR during the projected period.
  • By type, the NGS segment held the largest revenue share in the market in 2024 and is expected to grow at the fastest CAGR in the upcoming years.
  • By type, the scientific software testing segment is expected to grow significantly in the forecast period.
  • By application, the drug discovery application segment dominated the market in 2024.
  • By application, the proteomics segment is expected to grow at the fastest CAGR in the upcoming years.
  • By sector, the academic segment led the market in 2024.
  • By sector, the animal segment is expected to grow at a significant CAGR in the projected timeframe.

Key Metrics and Overview

Metric  Details
Market Size in 2025 USD 3.71 Billion
Projected Market Size in 2034 USD 12.55 Billion
CAGR (2025 - 2034) 14.5%
Leading Region North America
Market Segmentation By Type, By Application, By Sector, By Region
Top Key Players Agilent Technologies, Inc., BGI Group, Dotmatics, Labvantage - Biomax GmbH, CD Genomics, Illumina, Inc., PerkinElmer Inc., QIAGEN, Thermo Fisher Scientific Inc., Creative Biolabs, DNAnexus, Inc, DNASTAR, Fios Genomics

Market Overview: Rising Advancements in Genomic and Proteomic Domains

Bioinformatics is a field of study in which by using computing, mathematics, and statistics to examine and elucidate biological data, especially genomic and proteomic information. The bioinformatics services market is driven by factors such as accelerating demand for personalized medicine, which strongly depends on genomic data analysis is crucial for the growth of the market, as well as growing consistent advancement in genomic and proteomic domains, generating huge data that needs bioinformatic services for investigation and interpretation of data.

  • In May 2025, Basepair Inc., a leading player in NGS technology, made a partnership with IWAI Chemicals Co., a supporting pillar in Japan’s life science community, to propose a cloud-based next-generation sequencing (NGS) analysis platform to Japan. (Source- FOX40)
  • In November 2024, the government of Indonesia, under the Ministry of Agriculture (MoA), collaborated with the Food and Agriculture Organization of the United Nations (FAO) and with the assist from the United States Agency for International Development (USAID), to elevate human resource and laboratory volume in bioinformatics for advance identification to mark the forecast pandemics. Source- (Source: Food and Agriculture Environment)
  • In July 2024, ACT Genomics Co. Ltd., a player in extensive cancer genomic profiling, and LSI Medience Corporation, a wholly owned subsidiary of PHC Holdings Corporation, partnered for advancement in personalized medicine in Japan. (Source- PR Newswire)
  • In February 2024, Serbia invested 76.8 million euros in master’s degree programmes, which are concentrated on the purpose of AI in BIO4 disciplines - biomedicine, bioinformatics, biotechnology, and biodiversity. (Source: Balkan Insight)

What is the Role of AI in the Bioinformatics Services Market?

AI plays an evolutionary role in the market as it provides robust analysis of complicated biological data, boosting research activities, and enhancing the precision of data interpretation. AI can control huge amounts of data sets, detect unseen patterns, and create predictive models, to overcome the difficulties in the traditional method to determine the significant insights from biological data. By using several tools like machine learning (ML), natural language processing (NLP), and deep learning (DL), it is easy to determine patterns, anticipate output, and generate personalized healthcare solutions.

Market Dynamics

Driver

Increasing Demand for Personalized Medicine

A vital driver involved in the growth of the bioinformatics services market is the rising demand for personalized medicine. For this, bioinformatics possesses the tools and techniques that have the ability to examine the large volume of biomedical data, comprising genomic, transcriptomic, and proteomic information. This analysis supports to detection disease disease-causing genes, estimates disease risk, and gains knowledge about individual responses to various treatments.

Restraint

Rising convolutions and diversity of biological data

It is genuine that bioinformatics can handle huge amounts of datasets, but the rising complexities and diversity of biological data generate restraints in standardization, integration, and quality control as well. This may lead to incorrect results by gaining inadequate and uncertain data, which obstructs the power of bioinformatic services.

Opportunity

Significantly active in drug discovery and clinical diagnostics

For future aspects, there are rising opportunities for the bioinformatic services market are boosting developments in drug discovery and clinical diagnostics. In drug discovery, bioinformatics can investigate massive genomic and proteomic datasets to find potential drug targets, like proteins or enzymes involved in disease mechanisms. Although bioinformatics tools, like DiffDock and Schrödinger Suite, are employed in designing novel drugs. Further, in the case of clinical diagnostics, it is used to analyze gene expression and detect genetic markers.

Segmental Insights

Why Did the NGS Segment Dominate in 2024?

By type, the NGS segment held the largest revenue share in the market in 2024 and is expected to grow fastest in the upcoming years. NGS is one of the high-throughput technologies that provides faster sequencing of massive volumes of DNA or RNA is allied with bioinformatics, resulting in a robust understanding for researchers about genomes, and can identify disease-causing gene alterations, which lead to the development of novel diagnostic and therapeutic methods.

By type, the scientific software testing segment is expected to grow at a significant rate in the forecast period. This segment has a major role in the bioinformatic services market as it reduces inaccurate interpretation of biological data and inappropriate research outputs by improving the accuracy level. Also, it assists in ensuring the reliability of scientific results and the identification of strong susceptibility and weakness in software.

How Did the Drug Discovery Application Lead the Market in 2024?

By application, the drug discovery application segment held the largest share of the market in 2024. In drug discovery, bioinformatics tools are utilized to anticipate the binding tendency and efficiency of drug candidates, permitting researchers to enhance their structure and properties prior to comprehensive wet-lab experiments. This segment in the bioinformatic services market also involves the estimation of drug-target interactions by examining protein structures and molecular dynamics simulations.

For instance,

  • In April 2025, Signios Bio launched an AI-driven bioinformatics and Advanced Multiomics Platform to boost the prospects of precision medicine and drug discovery. (Source- Businesswire)

By application, the proteomics segment is expected to grow at the fastest CAGR in the upcoming years as bioinformatics provides the computational tools and approaches to manage data derived from proteomics experiments, such as data processing, detection of protein, and quantification, along with their alterations.  Also in functional analysis, like the identification of protein-protein interactions, the prediction of the role of protein in various pathways, are contributing factors in this segment are impacting the growth of the bioinformatics services market.

Which Segment Showed Dominance in By Sector Segment?

By sector, the academic segment led the market in 2024. In academics, researchers use different bioinformatics to raise the focus on generating novel algorithms and tools for examining biological data, oftentimes possessing the objective of advancements in basic understanding of biological mechanisms, including genome sequencing, gene expression analysis, and protein structure estimation.

By sector, the animal segment is expected to grow significantly in the projected timeframe. Bioinformatics is playing a major role in the analysis of genomes of livestock species, supporting researchers to detect genes connected with characteristics such as growth rate, meat quality, and milk production. Moreover, assist in the identification of single-nucleotide polymorphisms (SNPs) and other genetic differences, accelerating the selection of animals with in-demand traits for breeding programs.

Regional Insights

Bioinformatics Services Market NA, EU, APAC, LA, MEA Share, 2024 (%)

What Made North America Dominate the Market In 2024?

North America led the market share by 46% in 2024. In North America, leading players in the biotechnology and pharmaceutical industries are depending on bioinformatics for drug discovery, clinical data analysis, and personalized medicine. Also, this region has well-developed infrastructure for biotechnology and life sciences research is accelerating the growth of the bioinformatics services market. The government is also investing in genetic research and the reimbursement of genomic testing, which is encouraging the growth of the market.

The U.S. Bioinformatics Services Market Trends

The US is leading in precision medicine, which depends strongly on bioinformatics for investigating massive datasets, including genomics and clinical data, to develop personalized medications. Also, in the research and development sector, bioinformatics is applied in many institutions and companies, which results in advancements in domains like drug discovery, gene therapy, and molecular medicine.

For instance,

  • In May 2024, Seqera, the rising software provider for complex data analysis in the life sciences space, launched Seqera Containers, a costless, simplified bioinformatics container solution, at the second annual Nextflow SUMMIT in Boston. (Source- Businesswire)

The Canada Bioinformatics Services Market Trends

Bioinformatics is applied in the development of novel drugs, diagnostics, and personalized medicine processes in Canada. This elevates understanding of disease pathways, identification of biomarkers, and advances targeted therapies. Although, encourages genomics, transformative biology, and proteomics, allowing researchers to analyze huge datasets and generate novel discoveries.

Progressive Government Initiatives are Driving Asia Pacific

Asia Pacific is expected to grow at the fastest CAGR during the projected period. The bioinformatics services market is driven by boosting government initiatives in biotechnology research and development, and association with academic institutions and industry leaders. In Asia Pacific, increasing disease instances are playing a significant role in the demand for bioinformatics in the analysis of patient data and detection of biomarkers.

In February 2025, QIAGEN consolidated its global bioinformatics leadership by opening a new data center in Australia/Asia-Pacific Region. (Source- Businesswire)

The China Bioinformatics Services Market Trends

In China, the market growth is fueled by applications of big data analytics and high-throughput sequencing, which allows the development of novel bioinformatics tools and services. Moreover, the Chinese government acknowledges the prospects of bioinformatics to stimulate economic development and increase patient outcomes, resulting in major investments in research provisions and concessions for bioinformatic businesses.

The Japan Bioinformatics Services Market Trends

In Japan, the Japan Science and Technology Agency (JST) and the Ministry of Education, Culture, Sports, Science, and Technology (MEXT) are supplying significant funding for bioinformatic research, invigorating novel creations and growth in the sector. Raised funding is promoting more research projects in genomics and proteomics, which need bioinformatics services in data analysis and interpretation.

For instance,

  • In November 2024, Inocras and Summit Pharmaceuticals International Corporation announced their collaboration, which is focused on modifications in clinical genomics in Japan. (Source- Businesswire)

The Growing Need for Data Analysis and Interpretation is Driving Europe

In Europe, the escalating growth of biological data, particularly from genomic sequencing and else high-throughput technologies, generates the critical need for robust tools and expertise to examine and interpret this information. Bioinformatics allows tools that provide researchers to acquire significant data from huge datasets, which is a critical step in scientific discovery.

For instance,

  • In December 2024, BioLizard, the bioinformatics, data engineering, and solutions company for life sciences, launched Bio|Verse Navigator, a novel dashboard application evolved to allow scientists in biotech, pharma, and healthcare to effectively modify complicated biomedical data into useful insights. (Source- Globenewswire)

The Germany Bioinformatics Services Market Trends

In Germany, there is a robust culture of scientific research and revolution, especially in the life sciences, which impacts the development of bioinformatics tools and services. Besides this, the rising demand for bioinformatics services among numerous industries like pharmaceuticals, biotechnology, and agriculture is propelling demand for bioinformatics services.

The UK Bioinformatics Services Market Trends

In the UK, Significant growth of the market is impelled by rising acquisition of bioinformatics in industries like food, agriculture, and forensics to raise product quality, supply chain approaches, and many more. Further, bioinformatics is widely applied in personalized medicine, drug discovery, and diagnostics, fueling the growth of the market.

In May 2024, Azenta, Inc. announced the premiere opening of the new Genomics Laboratory in Oxford, UK, developing its global extend of GENEWIZ Multiomics & Synthesis Solutions further in the UK market. (Source- PR Newswire)

Top Companies in the Bioinformatics Services Market

Bioinformatics Services Market Companies

  • Agilent Technologies, Inc.
  • BGI Group
  • Dotmatics
  • Labvantage - Biomax GmbH
  • CD Genomics
  • Illumina, Inc.
  • PerkinElmer Inc.
  • QIAGEN
  • Thermo Fisher Scientific Inc.
  • Creative Biolabs
  • DNAnexus, Inc
  • DNASTAR
  • Fios Genomics

Latest Announcements by Industry Leaders

  • In July 2024, Farm Credit Canada announced an investment of about $5 million into GIFS at USask to increase breeding and research for Canadian agriculture. The Honourable Lawrence MacAulay, federal Minister of Agriculture and Agri-Food, mentioned that this investment in the development of stronger crop and livestock diversity will support them to achieve the rising demand for food around the globe. (Source- FCC)
  • In April 2024, King’s College London (KCL) announced acknowledged funding from the Department for Science, Innovation and Technology (DSIT) of about £100,000 to develop a platform to raise artificial intelligence (AI)-powered healthcare for cancer diagnosis. Dr Gregory Verghese, research associate, cancer bioinformatics, KCL and Breast Cancer, commented that the PharosAI plan is to make it easy to establish and post AI applications into the NHS. (Source- Pharmatimes)

Recent Developments in the Bioinformatics Services Market

  • In May 2025, Plasmidsaurus, a company that generates sequences has launched a novel product that provides full-length AAV genome sequences, including subgenomic variants. (Source- Biospace)
  • In April 2025, Metabolon, Inc., a leading company in supplying metabolomics solutions, launched an intensive novel microbiome research solution that combines metagenomics sequencing and bioinformatics tools with an innovative microbiome metabolite panel to generate the industry's influential microbiome research toolkit. (Source- PR Newswire)
  • In January 2025, Almaden Genomics launched g.nome® 2.0, a major upgrade to its warship platform to accelerate researchers and biologists with raised data analysis potential and simplified workflows. (Source- Businesswire)
  • In November 2024, ProPhase Labs, Inc., a succeeding generation biotech, genomics, and diagnostics company, launched DNA Complete, Inc., a wholly owned subsidiary, contributing an inventive direct-to-consumer DNA test that sequences effectively 100% of a customer’s genome. (Source- Globenewswire)

Segments Covered in the Report

By Type

  • NGS
    • Targeted Sequencing Analysis
    • Transcriptome Analysis
    • Whole Genome
    • Chip Seq Analysis
    • De novo Assembly
    • Methyl Seq Analysis
  • Chemoinformatics
    • Sequence Analysis Platforms
    • Molecular Modeling
    • Docking
    • Clinical trial data management
    • Others
  • Microarray data analysis
  • Biological data curation
  • Scientific software testing
  • Other services

By Application

  • Genomics
  • Transcriptomics
  • Proteomics
  • Metabolomics
  • Drug Discovery
  • Others

By Sector

  • Medical
  • Animal
  • Agricultural
  • Academics

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 03 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The three main branches of bioinformatics are genomics, proteomics, and systems biology, where genomics involves DNA sequence data, and proteomics is particularly related to the function, shape, interactions, and abundance of proteins.

The main purpose involved in bioinformatics is the analysis and interpretation of biological data by applying computational tools to enhance understanding of biological approaches.

The future of bioinformatics is about advances in AI, machine learning, and cloud computing, resulting in highly sophisticated data analysis and a personalized outlook to medicine and agriculture.

CDC.GOV, NIH.GOV, NCI.GOV, GOV.UK, PIB.GOV, NIST.GOV