This growth is due to the increasing need for personalized medicine, the growth of genomic sequencing, and the development of new technologies such as machine learning.

Bioinformatics Market is projected to reach USD 18.7 billion by 2027, at a CAGR of 13.0%. according to a new report by MarketsandMarkets™

The Bioinformatics Market is projected to grow at a significant pace reaching a CAGR of approximately 10.7%, over the forecast period of 2022–2028, despite a considerable fall in Service Operator sales during the initial phase of pandemic spread and lockd...

As per UnivDatos Market Insights, Bioinformatics Market was valued ~US$ 13 billion in 2020 and is expected to grow at an elevated CAGR of ~14.5% over the forecast period (2021-2027).

The North American Bioinformatics market is driven by increased government initiatives for the reimbursement of genomic testing and favorable funding scenario for research activities involving the use of bioinformatics technologies. Further, advanced medi...