The global bioinformatics services market is expected to witness significant growth in the coming years. As the demand for data-driven solutions continues to grow, bioinformatics services are becoming increasingly important in the healthcare and biotechnology industries. Bioinformatics services are used to store, analyze, and interpret large amounts of biological data, such as DNA sequences, protein sequences, and gene expression data.

Bioinformatics services can be used to identify patterns, trends, and correlations in biological data, allowing scientists and researchers to better understand how biological processes work. These services can also be used to develop new treatments and drugs, as well as to develop models for personalized medicine.

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The growth of the bioinformatics services market is being driven by a number of factors, including the increasing demand for personalized medicine, the emergence of big data analytics, and the growing need for data-driven decision making. Additionally, the rising prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases is also driving demand for bioinformatics services.

Key Market Players

Prominent players in the bioinformatics services market include Illumina (US), Thermo Fisher Scientific (US), Eurofins Scientific (Luxembourg), BGI Group (China), NeoGenomics (US), PerkinElmer (US), CD Genomics (US), Psomagen, Inc. (South Korea), QIAGEN (Germany), GENEWIZ (US), Source BioScience (UK), Microsynth (Switzerland), MedGenome (India), Fios Genomics (UK), and BaseClear (Netherlands), among others. These companies are offering services such as data analysis, software development, and data storage, among others. Additionally, they are investing heavily in research and development, in order to develop innovative solutions and products.

Thermo Fisher Scientific (US) holds the leading position in the global bioinformatics services market. The strong geographic presence across major markets is supporting the growth of the company’s market share. The company primarily focuses on developing technologically advanced bioinformatics solutions to enhance its bioinformatics service offerings. The company also engages in inorganic growth strategies such as acquisitions. For example, it acquired Core Informatics (US), a bioinformatics company. Such developments help the company maintain a strong position in bioinformatics services market. Thermo Fisher Scientific has a robust product portfolio of NGS platforms, consumables, reagents, and services.

The bioinformatics services market is highly competitive, and companies are continuously innovating their services to stay ahead of the competition. For instance, Illumina, Inc. recently launched a new platform called BaseSpace, which is designed to streamline the workflow of bioinformatics projects.

Overall, the global bioinformatics services market is expected to experience considerable growth in the coming years, as demand for personalized medicine and data-driven decision making continues to increase. Companies in the market are investing heavily in research and development, in order to stay ahead of the competition and provide innovative solutions and products.

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This report has segmented the bioinformatics services market based on application, type, specialty,  end user, and region.

Global Bioinformatics Services Market, by Application

  • Genomics
  • Chemoinformatics & Drug Design
  • Proteomics
  • Transcriptomics
  • Metabolomics
  • Other Applications

Global Bioinformatics Services Market, by Specialty

  • Medical Biotechnology
  • Animal Biotechnology
  • Plant Biotechnology
  • Environmental Biotechnology
  • Forensic Biotechnology

Global Bioinformatics Services Market, by Type

  • Sequencing Services
  • Data Analysis
  • Drug Discovery Services
  • Differential Gene Expression Analysis
  • Database and Management Services
  • Other Bioinformatics Services

Global Bioinformatics Services Market, by End User

  • Academic Institutes & Research Centers
  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • CROs
  • Other End Users

Global Bioinformatics Services Market, by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Recent Developments

  • BaseClear partnered with Leiden University this partnership focused on developing innovative technologies applicable in the field of metagenomics In April 2020, Medline Industries partnered with Yale New Haven for the exclusive supply of medical supplies along with supply chain and logistics solutions
  • Charles River Laboratories entered into a strategic partnership with Fios Genomics to gain access to the expertise of Fios Genomics in the field of bioinformatics, statistics, and biology
  • Eurofins Genomics acquired Blue Heron Biotech, a company specializing in advanced gene synthesis, and expanded its portfolio of oligonucleotides, sequencing, and synthetic genes

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