Bioinformatics Market worth $23.89 billion in 2027

The report "Bioinformatics Market by Product & Service (Knowledge Mangement Tools, Data Analysis Platforms (Structural & Functional), Services), Applications (Genomics, Proteomics & Metabolomics), & Sectors (Medical, Academics, Agriculture) - Global Forecast to 2027", The global bioinformatics market is projected to reach USD 23.89 billion in 2027 from USD 8.09 billion in 2018, at CAGR of 14.5%. Growing demand for nucleic acid and protein sequencing, initiatives from government and private organizations, growing applications of bioinformatics, and the increasing number of collaborations between companies and research institutes are the major factors driving the growth of the market.

Browse 189 market data Tables and 27 Figures spread through 195 Pages and in-depth TOC on "Bioinformatics Market by Product & Service (Knowledge Mangement Tools, Data Analysis Platforms (Structural & Functional), Services), Applications (Genomics, Proteomics & Metabolomics), & Sectors (Medical, Academics, Agriculture) - Global Forecast to 2027"
https://www.marketsandmarkets.com/Market-Reports/bioinformatics-39.html

Market Players

The bioinformatics market is highly competitive due to the presence of a large number of players. Few of the major companies in bioinformatics market are Thermo Fisher Scientific (US), Illumina Inc (US), Agilent Technologies (US), QIAGEN (Netherlands), BGI (China), Wuxi NextCODE (China), Eurofins Scientific (Luxembourg), Waters Corporation (US), Sophia Genetics (Switzerland), Partek (US), and DNASTAR (US).

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