PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930081
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 1930081
The global bioinformatics market has emerged as a critical pillar of modern life sciences, driven by the growing need to manage, analyze, and interpret vast volumes of biological data. According to Fortune Business Insights, the bioinformatics market size was valued at USD 31.74 billion in 2025 and is projected to expand significantly to USD 38.45 billion in 2026. With increasing adoption across genomics, drug discovery, and personalized medicine, the market is forecasted to reach USD 118.25 billion by 2034, registering a strong CAGR of 15.08% during 2026-2034.
Bioinformatics integrates computational tools with biological sciences to analyze genomic, proteomic, and metabolomic data. These capabilities are increasingly vital for understanding disease mechanisms, discovering novel drug targets, and improving clinical outcomes. The rising global burden of chronic diseases and the rapid growth in clinical and genomic research are key contributors to market expansion.
Market Drivers and Growth Factors
One of the primary growth drivers of the bioinformatics market is the increased funding for genomics research by governments and private organizations. Large-scale genome sequencing initiatives generate enormous datasets that require advanced bioinformatics platforms for analysis and interpretation. For instance, investments in whole-genome sequencing programs and rare disease research are accelerating demand for bioinformatics software and services.
Additionally, bioinformatics plays a crucial role across the entire drug discovery lifecycle, including target identification, molecular modeling, toxicity prediction, and biomarker discovery. This has enabled pharmaceutical and biotechnology companies to shorten development timelines and reduce R&D costs, further driving adoption.
The COVID-19 pandemic also had a positive impact on the market. Bioinformatics tools were extensively used to analyze viral genome sequences, understand mutation patterns, and support vaccine development. Since 2021, the expanded application of these solutions in infectious disease research and clinical trials has continued to support steady market growth.
Market Trends: AI and Machine Learning Integration
A major trend shaping the global bioinformatics market is the integration of artificial intelligence (AI) and machine learning (ML). These technologies help extract meaningful insights from complex and unstructured biological datasets, improve predictive modeling, and enable personalized medicine. AI-driven bioinformatics platforms are increasingly used in genomics, epigenetics, and oncology research, enhancing accuracy and scalability in data analysis.
Market Segmentation Analysis
By Offering
Based on offerings, the market is segmented into software and services.
The software segment dominated the market, accounting for 79.67% share in 2026, due to high adoption of sequencing, data analysis, and visualization platforms in research and drug discovery. The services segment is also growing steadily, supported by rising demand from clinical research organizations and academic institutes.
By Application
By application, the market includes genomics, pharmacology, metabolomics, transcriptomics, and others.
The genomics segment held the largest share at 35.29% in 2026, driven by continuous advancements in sequencing technologies and increasing public and private investment in genomic research. Pharmacology and metabolomics also represent significant segments due to their importance in drug metabolism and therapeutic development.
By End User
In terms of end users, pharmaceutical and biotechnology companies dominated the market with a 45.13% share in 2026. This dominance is attributed to strategic collaborations, increased R&D spending, and the integration of bioinformatics into precision medicine and oncology programs.
North America dominated the global bioinformatics market with a 46.23% share in 2025, supported by strong presence of leading solution providers, robust research infrastructure, and government-backed genomics initiatives.
Europe followed with notable growth due to investments in personalized medicine and next-generation sequencing.
The Asia Pacific region is expected to record the highest CAGR during the forecast period, fueled by rising clinical trials and expanding genomics research in countries such as China, Japan, and India.
Competitive Landscape
The bioinformatics market is moderately consolidated, with key players such as Illumina, QIAGEN, Thermo Fisher Scientific, Agilent Technologies, IBM Corporation, and Eurofins Scientific holding significant market positions. These companies focus on strategic partnerships, cloud-based platforms, and AI-enabled solutions to strengthen their global footprint.
Conclusion
In conclusion, the global bioinformatics market, valued at USD 31.74 billion in 2025, is set for robust expansion, reaching USD 118.25 billion by 2034. Strong investment in genomics research, technological advancements, and growing adoption in drug discovery and personalized medicine will continue to drive market growth during the forecast period.
Segmentation By Offering
By Application
By End User
By Region