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AI in Bioinformatics Global Market Report 2024

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    Report

  • 175 Pages
  • April 2024
  • Region: Global
  • The Business Research Company
  • ID: 5951965
The AI in bioinformatics market size has grown exponentially in recent years. It will grow from $2.97 billion in 2023 to $4.3 billion in 2024 at a compound annual growth rate (CAGR) of 44.5%. The growth observed in the historical period can be attributed to several factors, including increased genomic data availability, the rise of precision medicine, a growing demand for biomarker discovery, optimization of clinical trials, and increased collaboration within the field of bioinformatics. These factors collectively contributed to the development and adoption of AI technologies in bioinformatics during that time, facilitating advancements in genomics, personalized medicine, and the optimization of various processes in the biomedical and healthcare domains.

The AI in bioinformatics market size is expected to see exponential growth in the next few years. It will grow to $18.35 billion in 2028 at a compound annual growth rate (CAGR) of 43.8%. The anticipated growth in the forecast period can be attributed to various factors, including the expansion of single-cell technologies, a growing emphasis on multi-omics integration, an increased focus on functional genomics, acceleration of drug repurposing efforts, and the rising adoption of AI in pathology. Noteworthy trends expected in the forecast period encompass the promotion of ethical AI and responsible data use, the development of AI-driven virtual laboratories, the integration of quantum computing in bioinformatics, the utilization of AI in powering clinical trials, and the exploration of blockchain for secure data sharing in the realm of bioinformatics and genomics.

The anticipated increase in the number of clinical trials is poised to propel the growth of AI in the bioinformatics market in the foreseeable future. Clinical trials, which are systematic and carefully designed processes for conducting medical research involving human participants, aim to evaluate the safety, efficacy, and effectiveness of new medical interventions, treatments, drugs, devices, or therapeutic strategies. In the realm of bioinformatics, AI plays a crucial role in analyzing patient data sourced from electronic health records and other platforms to identify potential candidates for clinical trials who meet specific criteria. This application of AI improves recruitment efficiency and targeting in clinical trial processes. According to Xtalks, a Canada-based life science and medical device platform, as of May 2023, there were 452,604 clinical trials registered worldwide on ClinicalTrials.gov, with 64,838 actively seeking participants. The substantial increase from over 365,000 trials reported at the beginning of 2021 underscores the growing significance of clinical trials and, consequently, drives the adoption of AI in the bioinformatics market.

Prominent companies in the AI in bioinformatics market are actively innovating technological advancements on platforms such as Bionl.AI to enhance profitability in the market. Bionl.AI, developed by Bionl Inc., a US-based biomedical and bioinformatics research platform company, represents an all-in-one workspace for exploration, analysis, and visualization. This platform significantly reduces the time required to complete complex tasks, offering a revolutionary solution for biomedical and bioinformatics research. Launched in October 2023, Bionl.AI operates as a no-code solution, enabling researchers, students, and professionals to investigate biomedicine using natural language queries. Leveraging state-of-the-art GenAI models, the platform provides instant insights and makes complex analyses accessible and engaging, exemplifying the integration of AI advancements to streamline and enhance bioinformatics research processes.

In July 2021, Kiromic Biopharma Inc., a leading biotechnology firm based in the United States, completed the acquisition of InSilico Solutions LLP for an undisclosed sum. This strategic move is designed to integrate a team of experts in bioinformatics and artificial intelligence (AI) into Kiromic Biopharma's operations, positioning the company to excel in developing AI technology for identifying optimal biomarkers crucial for immunotherapeutic such as CAR-T cell therapy in treating solid tumors. InSilico Solutions LLP, a US-based provider of bioinformatics and IT solutions leveraging AI, was identified as a valuable asset to enhance Kiromic Biopharma's capabilities in this critical area of research and development.

Major companies operating in the ai in bioinformatics market report are Thermo Fisher Scientific Inc., Eurofins Scientific SE, Dassault Systèmes SE, Illumina Inc., NeoGenomics Laboratories Inc., QIAGEN N.V., SomaLogic Operating Co. Inc., Seven Bridges Genomics Inc., Genialis Inc., SOPHiA GENETICS SA, DNAnexus Inc., Insilico Medicine Inc., Deep Genomics Inc., Biomax Informatics Inc., Ardigen SA, Strand Life Sciences Pvt. Ltd., Genomenon Inc., SourceBio International Limited, Fios Genomics Limited, CelbridgeScience, BlueBee Holding BV, JADBio, Elucidata Corporation, Gnosis DA, DNASTAR Inc., iNDX.Ai, Paige AI Inc.

North America was the largest region in the AI in bioinformatics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ai in bioinformatics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ai in bioinformatics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

AI in Bioinformatics refers to the application of artificial intelligence (AI) techniques and algorithms to analyze and interpret biological data. Bioinformatics involves the management and analysis of large and complex biological datasets, such as genomic sequences, protein structures, and other biological information.

The main types of AI in bioinformatics include machine learning, deep learning, and others. Machine Learning (ML) is a subfield of artificial intelligence (AI) that focuses on the development of algorithms and statistical models that enable computer systems to perform tasks without explicit programming. AI in bioinformatics offers various services and software solutions. It is applied across different applications such as genomics, chemoinformatics, drug design, proteomics, DNA sequencing, system biology, transcriptomics, text mining, microarrays, metabolomics, and other domains to facilitate the analysis and interpretation of biological data.

The AI in bioinformatics market research report is one of a series of new reports that provides AI in bioinformatics market statistics, including AI in bioinformatics industry global market size, regional shares, competitors with AI in bioinformatics market share, detailed AI in bioinformatics market segments, market trends, and opportunities, and any further data you may need to thrive in the AI in bioinformatics industry. This AI in bioinformatics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The AI in the bioinformatics market includes revenues earned by entities by providing services such as data analysis and interpretation, biomarker discovery services, clinical decision support, diagnostic imaging software, and biomarker discovery tools. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The AI in the bioinformatics market also includes sales of high-performance computing (HPC) clusters, graphics processing units (GPUs), and field-programmable gate arrays (FPGAs). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. AI In Bioinformatics Market Characteristics3. AI In Bioinformatics Market Trends And Strategies
4. AI In Bioinformatics Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global AI In Bioinformatics Market Size and Growth
5.1. Global AI In Bioinformatics Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global AI In Bioinformatics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global AI In Bioinformatics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. AI In Bioinformatics Market Segmentation
6.1. Global AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Machine Learning
  • Deep Learning
  • Other Types
6.2. Global AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Services
  • Software
6.3. Global AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Genomics
  • Chemoinformatics and Drug Design
  • Proteomics
  • DNA Sequencing
  • System Biology
  • Transcriptomics
  • Text Mining
  • Microarrays
  • Metabolomics
  • Other Applications
7. AI In Bioinformatics Market Regional And Country Analysis
7.1. Global AI In Bioinformatics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global AI In Bioinformatics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific AI In Bioinformatics Market
8.1. Asia-Pacific AI In Bioinformatics Market Overview
(Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China AI In Bioinformatics Market
9.1. China AI In Bioinformatics Market Overview
9.2. China AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India AI In Bioinformatics Market
10.1. India AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan AI In Bioinformatics Market
11.1. Japan AI In Bioinformatics Market Overview
11.2. Japan AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia AI In Bioinformatics Market
12.1. Australia AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia AI In Bioinformatics Market
13.1. Indonesia AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea AI In Bioinformatics Market
14.1. South Korea AI In Bioinformatics Market Overview
14.2. South Korea AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe AI In Bioinformatics Market
15.1. Western Europe AI In Bioinformatics Market Overview
15.2. Western Europe AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK AI In Bioinformatics Market
16.1. UK AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany AI In Bioinformatics Market
17.1. Germany AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France AI In Bioinformatics Market
18.1. France AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy AI In Bioinformatics Market
19.1. Italy AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain AI In Bioinformatics Market
20.1. Spain AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe AI In Bioinformatics Market
21.1. Eastern Europe AI In Bioinformatics Market Overview
21.2. Eastern Europe AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia AI In Bioinformatics Market
22.1. Russia AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America AI In Bioinformatics Market
23.1. North America AI In Bioinformatics Market Overview
23.2. North America AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA AI In Bioinformatics Market
24.1. USA AI In Bioinformatics Market Overview
24.2. USA AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada AI In Bioinformatics Market
25.1. Canada AI In Bioinformatics Market Overview
25.2. Canada AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America AI In Bioinformatics Market
26.1. South America AI In Bioinformatics Market Overview
26.2. South America AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil AI In Bioinformatics Market
27.1. Brazil AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East AI In Bioinformatics Market
28.1. Middle East AI In Bioinformatics Market Overview
28.2. Middle East AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa AI In Bioinformatics Market
29.1. Africa AI In Bioinformatics Market Overview
29.2. Africa AI In Bioinformatics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa AI In Bioinformatics Market, Segmentation By Offering, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa AI In Bioinformatics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. AI In Bioinformatics Market Competitive Landscape And Company Profiles
30.1. AI In Bioinformatics Market Competitive Landscape
30.2. AI In Bioinformatics Market Company Profiles
30.2.1. Thermo Fisher Scientific Inc.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Eurofins Scientific SE
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Dassault Systèmes SE
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Illumina Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. NeoGenomics Laboratories Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. AI In Bioinformatics Market Other Major And Innovative Companies
31.1. QIAGEN N.V.
31.2. SomaLogic Operating Co. Inc.
31.3. Seven Bridges Genomics Inc.
31.4. Genialis Inc.
31.5. SOPHiA GENETICS SA
31.6. DNAnexus Inc.
31.7. Insilico Medicine Inc.
31.8. Deep Genomics Inc.
31.9. Biomax Informatics Inc.
31.10. Ardigen SA
31.11. Strand Life Sciences Pvt. Ltd.
31.12. Genomenon Inc.
31.13. SourceBio International Limited
31.14. Fios Genomics Limited
31.15. CelbridgeScience
32. Global AI In Bioinformatics Market Competitive Benchmarking33. Global AI In Bioinformatics Market Competitive Dashboard34. Key Mergers And Acquisitions In The AI In Bioinformatics Market
35. AI In Bioinformatics Market Future Outlook and Potential Analysis
35.1 AI In Bioinformatics Market In 2028 - Countries Offering Most New Opportunities
35.2 AI In Bioinformatics Market In 2028 - Segments Offering Most New Opportunities
35.3 AI In Bioinformatics Market In 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright And Disclaimer

Executive Summary

AI In Bioinformatics Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on AI in bioinformatics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for AI in bioinformatics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The AI in bioinformatics market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Machine Learning; Deep Learning; Other Types
2) By Offering: Services; Software
3) By Application: Genomics; Chemoinformatics and Drug Design; Proteomics; DNA Sequencing; System Biology; Transcriptomics; Text Mining; Microarrays; Metabolomics; Other Applications.

Key Companies Mentioned: Thermo Fisher Scientific Inc.; Eurofins Scientific SE; Dassault Systèmes SE; Illumina Inc.; NeoGenomics Laboratories Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Thermo Fisher Scientific Inc.
  • Eurofins Scientific SE
  • Dassault Systèmes SE
  • Illumina Inc.
  • NeoGenomics Laboratories Inc.
  • QIAGEN N.V.
  • SomaLogic Operating Co. Inc.
  • Seven Bridges Genomics Inc.
  • Genialis Inc.
  • SOPHiA GENETICS SA
  • DNAnexus Inc.
  • Insilico Medicine Inc.
  • Deep Genomics Inc.
  • Biomax Informatics Inc.
  • Ardigen SA
  • Strand Life Sciences Pvt. Ltd.
  • Genomenon Inc.
  • SourceBio International Limited
  • Fios Genomics Limited
  • CelbridgeScience
  • BlueBee Holding BV
  • JADBio
  • Elucidata Corporation
  • Gnosis DA
  • DNASTAR Inc.
  • iNDX.Ai
  • Paige AI Inc.

Methodology

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