Illumina IncLeading company in bioinformatics, benefiting from market expansion.
The global bioinformatics market is projected to grow from $20.9 billion in 2024 to $43.5 billion by 2030, a compound annual growth rate of 13.1%, according to a new report by BCC Research. North America holds a 47.7% share, driven by institutional investment in genomic research and a mature biopharma ecosystem. Key drivers include AI and cloud computing integration, rising demand for personalized medicine and oncology applications, and emerging technologies such as long-read sequencing and single-cell multiomics. Major companies in the space include Illumina, Thermo Fisher Scientific, Agilent Technologies, and Dassault Systèmes.
Illumina IncLeading company in bioinformatics, benefiting from market expansion.
Thermo Fisher Scientific IncMajor player in bioinformatics, poised to gain from market growth.
Agilent Technologies IncMarket growth driven by demand for bioinformatics tools and services.
Dassault Systemes SEInvolved in bioinformatics software, market growth is positive.