The global bioinformatics services market size was valued at USD 3,816.17 million in 2024. The market is expected to grow from USD 4,399.58 million in 2025 to USD 16,297.10 million by 2034, at a CAGR of 15.7% from 2025 to 2034.
The global bioinformatics services market is experiencing significant growth, propelled by the increasing demand for genomic data analysis, advancements in next-generation sequencing (NGS) technologies, and the rising adoption of personalized medicine. The integration of computational biology tools has further enhanced the capabilities of bioinformatics services, enabling more efficient and accurate analysis of complex biological data.
Market Overview
In 2024, the global bioinformatics services market was valued at approximately USD 3.20 billion and is projected to grow at a compound annual growth rate (CAGR) of 14.46% from 2025 to 2030, reaching an estimated USD 7.11 billion by 2030 . This growth is driven by the increasing reliance on bioinformatics services in the pharmaceutical and biotechnology industries to accelerate drug discovery and development processes.
Bioinformatics services encompass a range of offerings, including data analysis, database management, and custom services tailored to specific research needs. These services are crucial for interpreting vast amounts of biological data generated through high-throughput techniques, facilitating advancements in areas such as disease mechanism understanding, drug target identification, and prediction of drug interaction outcomes.
Country-Wise Market Trends
United States
The United States remains a dominant player in the bioinformatics services market, with sales projected to advance at a CAGR of 13.5%, reaching USD 4.4 billion by 2034 . The country's robust investment in research and development, coupled with a strong emphasis on personalized medicine, has fueled the demand for bioinformatics services. The integration of NGS technologies and computational tools has further enhanced the efficiency of genomic data analysis, supporting the growth of the market.
Canada
Canada's bioinformatics services market is also on an upward trajectory, with the market value expected to reach USD 405.8 million by 2034 . The country's focus on genomics research and the implementation of national initiatives to support bioinformatics infrastructure have contributed to this growth. The increasing collaboration between academic institutions and industry players has further bolstered the market.
Germany
Germany is witnessing significant growth in the bioinformatics services sector, driven by advancements in genomic sequencing technologies and a strong emphasis on research and development. The country's investment in personalized medicine and the integration of computational biology tools have enhanced the capabilities of bioinformatics services, supporting the market's expansion.
United Kingdom
The United Kingdom's bioinformatics services market is experiencing growth due to the increasing adoption of NGS technologies and the rising demand for personalized medicine. The country's focus on integrating bioinformatics into clinical practice has facilitated the development of more targeted and effective treatment strategies, contributing to the market's growth.
France
France is observing a steady increase in the demand for bioinformatics services, driven by the country's investment in genomic research and the integration of computational tools into biological data analysis. The emphasis on personalized medicine and the development of precision therapies have further supported the growth of the bioinformatics services market in France.
China
China's bioinformatics services market is projected to register the highest CAGR from 2025 to 2030, reflecting the country's rapid advancements in genomics and computational biology . The government's support for precision medicine initiatives and the increasing adoption of NGS technologies have propelled the demand for bioinformatics services, positioning China as a key player in the global market.
India
India is emerging as a significant market for bioinformatics services, driven by the country's focus on genomics research and the integration of computational biology tools. The increasing collaboration between academic institutions and industry players, along with government initiatives to support bioinformatics infrastructure, has contributed to the market's growth.
Japan
Japan's bioinformatics services market is projected to grow at a CAGR of 14% from 2024 to 2034 . The country's investment in genomic research and the adoption of advanced sequencing technologies have enhanced the capabilities of bioinformatics services. The emphasis on personalized medicine and the development of targeted therapies have further supported the market's expansion.
Brazil
Brazil is experiencing growth in the bioinformatics services market, driven by the country's focus on genomic research and the integration of computational tools into biological data analysis. The increasing adoption of NGS technologies and the development of precision medicine initiatives have contributed to the market's expansion.
South Africa
South Africa's bioinformatics services market is observing growth due to the country's investment in genomics research and the integration of computational biology tools. The emphasis on personalized medicine and the development of targeted therapies have supported the market's growth.
Conclusion
The global bioinformatics services market is poised for substantial growth, driven by the increasing demand for genomic data analysis, advancements in NGS technologies, and the rising adoption of personalized medicine. The integration of computational biology tools has further enhanced the capabilities of bioinformatics services, enabling more efficient and accurate analysis of complex biological data. As countries continue to invest in genomics research and precision medicine initiatives, the bioinformatics services market is expected to expand, offering significant opportunities for growth and innovation.
More Trending Latest Reports By Polaris Market Research:
Polyethylene for Drip Irrigation Pipes Market
Fintech as a Service (FaaS) Market
Stretch And Shrink Sleeve Labels Market
Employee Benefit Broker Market
Cellulosic Fire Protection Intumescent Coatings Market
Move to Earn Fitness Apps Market